Comments by "Daniel Larson" (@daniellarson3068) on "Why is the Russian Ruble So Strong Right Now?" video.

  1. Good video - I recently saw a Joe Bloggs video where he said much the same things but in a slightly less entertaining fashion. I view this a little differently. Since this war started, I've learned that the bulk of Russians are dirt poor. Their lives may not be affected a great deal by the sanctions. Russia has enough cash reserves to keep them employed at their mines, sawmills, herding reindeer and other ventures.. If they can't sell to the outside world, the product can be stockpiled. However, from my limited perspective, the lives of those in the cities may eventually feel the sanctions. It seems like all you hear about from those cities is McDonalds changing hands. Russia seems to be a bit of an economic fortress. They raise their own foods, produce their own fuel and largely live independent of the rest of the world. Perhaps, they will finance public works with part of their great cash stash. It reminds me of how my grandfather said they "got by" in the great depression.
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  2. I love how you guys have made sugar cane alcohol for your cars for many years. I'd like a car that runs on cheap rum.
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  3. Previous Jake Video - "loosing." It's good comment from an actual person. Little actual information seems to be given about unemployment in Russia.
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  4. They still have many billions stashed away to pay for this war and they have gold.
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  5. I read recently Romania has huge gas deposits in the black sea. Could there be a "crash development?" Could Germany turn it's nukes back on? They are going back to coal to help with this issue and this is mined in Europe. I guess it's not really the oil they are short on but the gas. In World War 2 the Nazis used the Fisher Tropf process to gasify coal. Coal gas was once a big industry in various places in the world for street lighting and similar things. Coal gas could be fed into natural gas pipelines. Obviously, they cannot expect any relief from the Russians. They don't care if people starve due to not getting Ukrainian grain so they won't care if Europeans freeze.
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