State of Russian Economy: CentralBank Rings Alarm. China Stabs in the Back, yet Again. Milov & Nacke
There is a lot of pro-Putin bias in the Western world. We aim to dispel this “macho” propaganda and reveal true colors of his regime: murder, intimidation, industrialized kleptocracy and well-funded russian fascism propaganda machines. We were born in Russia, we have lost friends to this murderer… we see how he “zombifies” most and intimidates and beats down the rest. We also know where his weak spots are and what atrocities his regime is committing on a daily basis.
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Putin’s Central Bank has already raised the rate to 19%! A little more, and it will approach the values at the beginning of Russia’s full-scale invasion of Ukraine.
Why is this happening? HEad of Central Bank Elvira Nabiullina explains that everything is bad in general: the labor shortage is growing, inflation is growing, and production is at capacity. Honestly, Nabiullina’s speeches are the most oppositional content about the Russian economy today.
In general, the situation is quite hopeless. At this rate, by the middle of next year, Russia will not be able to meet its own financial needs.
The situation is worsened by falling oil prices, which, judging by everything, do not plan to stop falling.
This and much more in the latest economic report with Vladimir Milov!
YouTube channel of Vladimir Milov: @Vladimir_Milov
English translation by PrivateerStation
Original video in Russian: https://youtu.be/RPdGgRO7fdw
Original material by: Michael Nacke
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