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Trevor Crook
Econ Lessons
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Comments by "Trevor Crook" (@user-ft2bt9kw7x) on "Econ Lessons" channel.
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It’s not a free market it’s totally controlled . Markets are rigged in the west ruled by money printing and debt
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It was a 100 to the dollar in 2023 . Did the economy collapse ?
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Marks credibility is falling the fastest
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Chinese growth 2024. 4.9% Russia 3.9% America. 2.8% UK. 0.5% I think other countries have much bigger problems
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You are spinning a conspiracy theory . There is no evidence Russia wants to invade Europe . How would they benefit . Europe has no natural resources , no manufacturing and a hostile population. If they wanted to invade Europe they wouldn’t go through Ukraine they would march to the polish border via Belarus . Very easy . Your contradiction is that you claim Russia is on the verge of collapse and its army weak and yet somehow they are a danger to Europe and the world . That doesn’t add up
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Russia will just grind on they don’t care if there is a deal or not . Wise for Ukraine to surrender to Russian terms . Otherwise they will lose more land and their position will deteriorate further
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Ruble and Russian economy did not collapse as you predicted .
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It’s not a war economy . Russia only spends 6% of its GDP on the war . Ukraine over 40% of its GDP . Now that is a war economy
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@ The main currency used domestically in Russia is the Ruble . You should research how the Ruble / yuan trade deal works before commenting. Russia and China are dedollarising their entire economies .
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@chriszenko3598 Why keep fighting when just agreeing to be neutral means peace
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@ Russia has become very independent in all matters of production including oil production. If they can produce sophisticated weapons I think they can produce anything technologically . In some areas they are well ahead of the west . The sanctions have actually helped Russia Your information is very dated . Russia is having an oil boom in 2024 . Russia is only spending 6% of its GDP on the war 35% of its military budget .
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@ Irrelevant . All currencies fluctuate . The Ruble is stronger than the Japanese yen and many other currencies. Many countries now trade with their own currencies ,Russia and China trade with Rubles and yuan for 75% of their trade . India Ruble and Rupee . Get informed It is the dollar that is being dropped
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You never mention BRICS . If you do your narrative that Russia is isolated would collapse. Russia is weak , isolated its army poor . And yet they are a threat to Europe and the world . None of that adds up You also fail to mention that when using PPP Russia has the fourth biggest economy in the world . Its army has just been named the worlds best by Firepower You also never mention Americas drive to control the world and be the number one power .
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@ They are not trying to capture Kiev . And Russia has taken 1000 square kms of land in the last two months . And they are only using a fraction of their army in Ukraine
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@Ma-official_ And what do they say Ukraine losses are using those methods ? Let me guess 31,000 ?
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Nato has the biggest hat and it needs filling with cash all the time. Western media fully controlled and owned by a handful of people . Fake news indeed . This is the main source Mark uses for his predictions in regard to the Ruble and Russian economic collapse . Which never seems to happen . He uses normal economic fluctuations as a sign of impending doom . Quite funny
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@ Personal army ? The wage for the average Russian soldier is 2000 dollars a month plus fringe benefits
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@NurgulArar to what degree is that ?
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Nato needs to get out they are the root cause of this conflict
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Pokrovsk is now surrounded and doomed . Russia has always been open to negotiations . Russia initially went into Ukraine with 100,000 troops . They could never take Kiev with that small number. That proves Russia had no plans to take Kiev or large parts of Ukraine You neglect to mention the 2014 coup , the breaching of the Minsk agreement by Ukraine at the behest of the west . Those are the reasons for the situation in Ukraine now .
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The EU is not great . Its economy is in collapse .Each country in it is mired in debt and corruption . They try and overturn election results because their stooges lost ( Georgia
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Wrong . Countries like China , India , Iran , Brazil and others accept the Ruble for trade
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@ China is also getting rid of its dollar reserves . When they trade with Russia they trade in Yuan and Rubles exclusively . You need to do some homework
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The Ruble is accepted by major economies for trade . China, India Iran and many others . Without Russian commodities the global economy would collapse . Russia insignificant ..? Lol The Ruble is holding up well despite sanctions both domestically and internationally with BRICS countries . BRICS never mentioned here because it destroys the narrative that Russia is in deep trouble economically
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@ the list of countries joining BRICS is growing . That means more trading partners for Russia not less
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@edwardbernthal160 Do you think people trust the west ?😂😂
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@edwardbernthal160 If you live in Russia you should know better . I trust the truth. The yuan Ruble payment method used between Russia and China in trade is now well established . Same as the rouble rupee payment method between india and Russia has . Those who are saying other countries don’t accept the Ruble is totally wrong And Russian weapons sales have increased from 13 countries to17 in 2024
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@ . The Ruble will be used domestically within Russia the new currency internationally . No one will want the dollar for sure A currency backed by nothing
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@ A weaker Ruble is good for trade exports . Other advantages too . The Indonesian currency is one of the weakest in the world , far weaker than the Ruble . And yet Indonesia has the 7th biggest economy in the world. How weak or strong a currency is when compared to the dollar doesn’t reflect the strength of an economy necessarily . Wishful thinking that the Russian economy will collapse because the Ruble is slightly weaker at the moment. Russia has won the war in Ukraine and humiliated the west get used to it
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Pokrovsk is now surrounded and doomed . Russia has always been open to negotiations . Russia initially went into Ukraine with 100,000 troops . They could never take Kiev with that small number. That proves Russia had no plans to take Kiev or large parts of Ukraine You neglect to mention the 2014 coup , the breaching of the Minsk agreement by Ukraine at the behest of the west . Those are the reasons for the situation in Ukraine now .
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And the west Is evil . Supporting people who wave swastika flags is evil
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Ruble was 94 to 1 today . Already recovering
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@ Tell me where I’m wrong
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All the armchair warmongers want the war to continue . Even as Ukraine prepares to draft teenagers . Zelenskis approval rating is 14% no wonder he is scared of elections
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@ Russia is doing better than most other countries these days by far . Fourth biggest economy in the world .When Yeltsin took over Russia became capitalist It failed under the capitalist system
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@ The value of the Ruble at present is just fine . I’d worry more about the dollar
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That’s why he’s an unemployed economist
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BRICS countries will not be in the western system soon . What happens in western financial system is irrelevant. You don’t know anything about the subject
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@ You think there is transparency in the western system ?😆😆
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@ArnoSchlick My information on the economy comes from western sources . Easily verified. The reason the Ruble is down is because of the factors I mentioned . Trumps election win strengthened the dollar at the expense of all other currencies not just the Ruble Increased spending on imports by the Russians which is inflationary . And Gazprom being kicked off swift which effected oil prices and thus lowered the price if the Ruble . All these things are temporary will change in the new year Sorry to smash your dreams of a Russian economic collapse . Ain’t happening
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@ArnoSchlick Russia sinking ship had 4.9% economic growth in 2024 . America 2.8% Russia went from sixth biggest economy on Earth to fourth replacing Japan and Germany .Russia commodities superpower will never be short of customers . If the Russian economy sank so would the global economy . Countries will happily trade in their own currencies till the dollar goes away. Tariffs will backfire on Trump . Will massively increase inflation in America and cut jobs
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@ All temporary . The Russian economy is strong
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@ it will recover in the new year . You are being duped
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@ Russian eggs are the cheapest in the world . All Russians have just received a pay rise . The Ruble will come back in the new year . You are being duped
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@ America inflation on electricity is 31% housing 39%. The whole world is in inflation . Russian inflation no worse than America or Europe . In fact lower
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@ America does nothing but print dollars . That’s why they are 36 trillion in debt . Russian debt 300 billion. Russian inflation is lower than Americas . Inflation on electricity in America is 31%. Housing 39%
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@ But the price of eggs in Russia is the lowest in the world. Butter is expensive other products are a lot cheaper than in the west
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@knightsnight5929 They are joining BRICS because they are failed states created by the west .
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@ArnoSchlick how do you know what the long term price of the Ruble will be . Today it Is 94. Where is the collapse you promised 😂😂
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Not happening. Denial is indeed a bad thing . I wish you luck in your recovery
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