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Steve B
Pyotr Kurzin | Geopolitics
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Comments by "Steve B" (@steveb890) on "Pyotr Kurzin | Geopolitics" channel.
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@olderchin1558 But China (and India) are refusing to deal in the Rubel as payments are collapsing.... economy is a HUGE problem.
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@olderchin1558 Russian economy has all but collapsed .. Russia are posting figures to IMF / World Bank on a percentage of the last 12 years ( negative growth) whereas everyone else is using just last years hence why they think its a larger GDP than others coming from a low baseline. IR currently at 19% which means that it is now only 1% below the EMERGENCY rate, Chinese banks are refusing any deals in the Ruble as payments/investments are collapsing, the new the BELT & ROAD Initiative has already collapsed . Check the Key Figures and it shows a very dire story happening .. read them , you may learn something !
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