Comments by "Kasumi Rina" (@KasumiRINA) on "Bank Runs: The Major Problem Russia, China, and Cryptocurrency Are All Facing" video.

  1.  @leapdrive  except that gold and silver were never stable.
    1
  2. There can't be serious civil unrest in russia. In fact, last time they had substantial protests in 2012, people were calmed by invading Ukraine. They became even poorer as result, but the screams of "Crimea is ours! What's next?" were drowning the voices of hunger... As their economy went further down the drain, only full scale invasion would have calmed russians down and you can see how trust in government skyrocketed with each town in Ukraine razed to the ground. Their stomachs are rumbling, but seeing videos of bombed-out Ukrainian homes and pictures of dead children calms russians down. They know that their poverty pays for weapons that bomb schools and hospitals... Their population is incredibly violent. Even opposition like Navalny, ran on program of "build less palaces, more bombs!" As he said in his films. And with Germany paying russia billions of Euros every week, they won't run out of ordnance anytime soon. So there won't be civil unrest in russia as long as EU keeps arming russia to the teeth by buying fossil fuel from it... There's an old joke about the eternal battle between content of your fridge and your TV, and in russia, television always keeps winning... Like any Soviet engineer could say: "we are poor and starving but at least we can bomb Europe to the ground and make them live just as bad! So proud of my country..."
    1
  3. 12:08 “if men define situations as real, they are real in their consequences” Thomas theorem.
    1
  4. Average salary in most of russia is under 100$.
    1
  5. Not sure about your fantasy land but on planet Earth it's russia who started a war to distract fr domestic problems... Like they did in 1991, 1994, 1999, 2008, and 2014. Every single bank run they invade another country... And how the F would they be a superpower if they can't even take Donbas in 9 years? XD
    1
  6. The "new rouble" thing was done in 1990s, Soviet ones replaced with whatever new money each of former USSR republics now had. And since putin is scaring people shitless with "do you want it to be like 90s again?", doing a repeat would be unpopular... Instead they're wasting their reserves to artificially prop up the rouble value above it's market weight so you have a light version of the situation when officially dollar was below one rouble (and there was enough currency to buy enough at that price for few international workers Soviets had), real price on black market was about 4 roubles for each USD. I think Iran has a similar system with separate exchange rates. Ukraine actually got different rate home and abroad for last 5 months. I could either sell dollars for 29 UAH on internet banking, or for 36 in same exact bank's physical place.
    1