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Daniel Larson
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Comments by "Daniel Larson" (@daniellarson3068) on "Why the Russian Ruble Will Cause a Great Depression in Russia" video.
Good words from the swamp. We don't want to drain his swamp. When economists bat around words like "natural" rates of interest. My ears perk up. All this economics stuff is the workings of man. It's not the workings of nature. I'm not saying he is wrong. Russia is spending all their money on their war. Russia has a really hard time selling their stuff to the world. Their ruble which is basically an IOU for stuff you can trade for in the future. Their ruble simply isn't wanted. My primitive common sense tells me their money is no good in a lot of places. There's another reason Russia may have big time future troubles. They are an arctic nation. Global warming is visiting the arctic first. Russia thinks global warming may help them as they see the great stuff warmer countries have. However, as their vast boreal Taiga forest burns and the permafrost thaws, they may find big time troubles. They have big time trouble coming and they waste their resources fighting imaginary Nazis in Ukraine. Thanks for the video.
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Yes - How good a deal will Russia have to cut to sell their stuff?
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