RUSSIA Literally Cannot Repay Its National Debt.

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RUSSIA Literally Cannot Repay Its National Debt.
Soviet Collapse 2.0 - Russian Economy is Running Out of Money
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[@tabithan2978]

Putin took a big risk, he gambled, and he lost. Bottom line. He’s just taking as many Russian men with him as possible.

[@hellogoodbyeforever]

What did he lose? He has held the areas where the people who needed his help are from the start…

[@dancahill9585]

@@hellogoodbyeforever Hi Russian Trollbot!

[@rmdomainer9042]

@@hellogoodbyeforever LOL. You fell for the narrative.

[@HotPlates.]

@@hellogoodbyeforeverso he sent thousands of ruSSian men to their deaths, to protect thousands of Ukrainian men? That makes sense! 😂

[@luckyluke1503]

No Dummy. He stopped NATO Expansion into Ukraine, He got a land border between Crimea and Russia, He also destroyed most of Nazi Azov fighters and has taken 90% of Donbas. So he has won.

[@dschanriihl9043]

The sanctions are working in the way sanctions should. Profits on exports deminish and prices for imports rise. It is no embargo or blockade. The economy is bleeding Kapital (workers, money, recources, mashines, etc.). Every depot burning is extremely expensive. It costs prior investment, firefighting, clean up and prevention. The economy will keep running until the recources run dry, the workers start mass protests or the state can't borrow more debt to pay.

[@Saarnash86]

What a brilliant quest. Thank you Roman. Will be following you.

[@mariocolecio1372]

Thank you all for your hard work , blessings.

[@jeffrysuteja412]

Ruble is now a pile of rubble

[@N1GHTM4R3W0LF]

Always has been

[@seanphurley]

honestly needs a rebrand after this, i suggest concrete

[@Gsoda35]

I suggest trash or trouble.

[@nathanschmitt2457]

@@seanphurleythat’s inconsiderate, concrete is worth diamonds compared to the ruple

[@markaw9243]

Rubbutossin

[@Brucebod]

What an extremely informative video. Easy for me to understand, too, which I don't always do. Thank you two for this. 👍

[@joshjessicaolson-wg9xb]

Look at all the Russian bots in here

[@lanesteele240]

Have you ever stopped to think that they are not bots!!!

[@jeremysmith54565]

@@lanesteele240 or rather trolls, which is just as bad😂

[@TuskForce]

If they're not bots, they're not good at behaving differently than bots do. Personal attacks ain't far with those orcs ​@@lanesteele240

[@mdevilden]

Loved this discussion. Thank you. Crimea is Ukraine. full stop.

[@rudellward9958]

And Russia has been reduced to using the barter system

[@freddychoque70]

Great speaker

[@SwampyThingy]

... but what country CAN pay off its national debt???

[@ptick16]

NOT ruZZia!!!

[@crunchyfrog555]

Most can. The important thing to remember is that when they say this it's NOT "we have enough money to settle our total debt NOW" but rather "we have enough money in income to keep paying back our agreed terms". In other words, it's not termed as a single payment, but can you carry on paying and afford it?

[@jamegumb7298]

@@crunchyfrog555 This is also why countries need inflation, old debts grow smaller with it.

[@russianenglish4284]

The issue is servicing the debt, that is, making scheduled payments. For example, the US has never defaulted on its national debt payments, so acquiring debt is not a problem. Russia defaulted on its national debt last June, so no-one wants to lend to Russia.

[@raydunn2582]

@@russianenglish4284 And it must be noted: America is trillions of dollars in debt, a very large chunk of which was added by Trump.

[@haydenelie6227]

Did he hear what he just said he said they cannot export oil and gas anymore when China and India are purchasing large amount of petroleum from them

[@ptick16]

At a rate so low, it's almost not worth it. The only reason ruZZia sells to them at all is because they have no other choice. Their main profitable customers were Western European countries. They are now off of ruZZian oil and gas products.

[@bjornstahle4652]

At incredibly huge discounts... in most cases at cost - meaning just enough money to cover the processing of the oil, no profit.

[@malcolmrowe5031]

And then selling it on to countries that claim they aren't buying Russian oil 😂😂😂😂

[@maigepresents5840]

Umm.... Europe imported $9.2 billion worth of Russian gas so far this year... 😂

[@edc1569]

@@malcolmrowe5031funny thing is everyone other than Russia are happy for that!

[@mdevilden]

subscribed. thank you!

[@florenciosoriano-p6g]

Venezuela is also rich in oil but poor

[@gerhardusvanderpoll]

Did you know that the Ruble has been renamed...it is now called the Rubble due to it's boundless increase in value...Sarcasm is so sweet...

[@crunchyfrog555]

The amount of people commenting here who don't understand what the term means is laughable. No it does mean can you settle everything you owe in one lump sum now. It means can you carry on paying your premiums?

[@russianenglish4284]

Wow, ten posts in a row from people who do not understand debt. The issue with debt is simple: make your payments. The US has always made its payments and never defaulted. The Rusisans defaulted last June. That means that no-one will lend to them.

[@bjornstahle4652]

agreed.

[@stephenjohnson8513]

Makes sense.

[@rogerdogger6969]

Bots or idiots

[@1mol831]

The U.S. can just print money to pay debts. It seems Russia doesn’t know how to do that.

[@hellogoodbyeforever]

United States will never pay back its debt. Ever.

[@cathrynmartin4395]

I would love to see Nalvalny's wife voted in as president of Russia. Wouldn't that be great?

[@bryansmith7706]

As far as corruption, America is far from innocent. But people must keep HOPE to make positive changes.

[@assessor1276]

…..and it couldn’t happen to a more deserving bunch of people!

[@Knibbzz]

on a previous video I made a garbage comment about the hosts narration skills, I do want to backtrack on that. this was a good podcast

[@asan1050]

Thank you very much!

[@wesley135]

Slava Ukraine

[@Nicksonian]

Does the background music have any useful purpose beyond being annoying?

[@GreenGoblinDK]

The US national economy is not the your average household economy. Things work a little different when the Dollar is the reserve currency of the world.

[@Gsoda35]

true that but millions of people are still working overtime just to keep a roof over the head.

[@GreenGoblinDK]

@@Gsoda35 and decreasing national debt is not going to change that. On the contrary.

[@maigepresents5840]

Yeah... that ended when Saudi and OPEC declined to renew the petrodollar agreement that had lasted for 5 decades... the main reason the US dollar was the reserve currency was because almost every country had to use it exclusively to complete oil sales... that's dead and buried now.

[@dancahill9585]

The real question is who is dumb enough to lend them money now?

[@maigepresents5840]

Europe is giving them billions for gas... $9.2 billion and counting so far this year...

[@MademoiselleRose40]

Who said sanctions won't work? Takes time, but it does the job.

[@maigepresents5840]

If sanctions worked then North Korea would've broken away from its communist party and Iran wouldn't be doing as well as it is... the US currently sanctions 160 countries...

[@LiamGrayson10]

*The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)*

[@JeffPhillip156]

I began investing in stocks and Def earlier this year, and it is the best choice l've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.

[@RobertHiggins-g2p]

What opportunities are there in the market, and how do I profit from it?

[@RobertHiggins-g2p]

I would really like to know how this actually works.

[@doncarlodivargas5497]

Russia can repay by giving up territories, territories that can be buffer zones against Russia

[@Fade025]

I absolutely want Russia to fail this war. But not even America can pay off our debt. We all aren't living in mansions, and grocery and rent prices are high, but I think we're doing alright. So I don't see why this matters?

[@makstar2]

How is any country paying back their national debt?

[@zacsayer1818]

Repay as in service, not pay off in full! 🤦🏻‍♂️

[@davidcpugh8743]

Oligarch sells oil. Payment goes to another country’s bank . But in the oligarch’s account. None moves to Russia to be converted into rubles. Ruble rubble!

[@daveo2992]

No nation can pay it's debt . . .

[@LAALLEN-dg1mk]

Doesn't seem like a big deal when this is happening everywhere. Let the system fall already.

[@duanebrandson5387]

But who are we indebted to?

[@maigepresents5840]

Japan, China, India, Canada, Brazil Mexico and the EU hold the most US bonds... but India, Brazil and China are well on the way to getting rid of their US treasury bonds in favor of precious metal holdings. If BRICS launches a multi-currency unit trading system with gold as a 40% backing, the US will run into issues servicing their interest payments and more importantly have issues finding buyers for additional bonds..

[@tw8725]

What makes it legitimate for Russia to still stay in UN, given that they started a war and they conducted human kidnapping?

[@midimusicforever]

Lending to Russia is a bad idea.

[@DaveRSuperstar]

That's why Chinese banks stopped doing it and are no longer accepting the plummeting Ruble.

[@michaelcopper7635]

No charts, no graphics ?? No numbers to show ???😮😢😮

[@forensicdeathconsultants]

Neither can the US….

[@dannymorrow6024]

America can't pay off its national debt either....

[@noahbyerly9032]

Neither can the US

[@petermellors6456]

Every country is in debt particularly USA. Once the petrodollar goes US economy is ruined.

[@Manfred-ml1oq]

America Trades and IS producing stuff ,oil,grain,electronics weapons ....russia IS Just producing oil Gas ,grain, a bunsh of weapons ,and they are Not able to sell their oil,Gas ,grain ,for a good price.not a healthy trade Situation

[@f1hotrod527]

Just like every other country.

[@hermanpreet13]

Well this is specifically because no one will take rubles 😂

[@jeremysmith54565]

No its not, it defaulted on its debt in June, not even the US has defaulted on its debts ever, the concept is being able afford to service debt, which Russia can't.

[@zacsayer1818]

@@jeremysmith54565ikr, why can’t people get their head around this very simple and obvious concept! 🤦🏻‍♂️

[@jeremysmith54565]

@@zacsayer1818 They're trolls lol

[@josephjaniszewski7127]

We pay for their bureaucratic system. This guy has lost all credibility.

[@joewachter8257]

Neither can the United States or Japan

[@erikiskandermeon9999]

EVERY industrialized nation is in big debts. So if there are debtors there must be on the other side creditors. Who are they?

[@MartinLundström-l4v]

Part of the SLAVE system...

[@lesamos8900]

Australia cant pay off its debts either and gets in deeper all these countries have homeless people and a lot on the poverty line but polititions increase aid for over seas its polititions for polititions

[@phoenix5054]

Any country that has debt denominated in its own currency can pay off its own debts.

[@Dirka-c9f]

I think you are talking about China…

[@Digidab]

Russia in danger

[@jorgkaufmann6363]

Debts have creditors. Who are they here?

[@markgaston8316]

'Makes sense' is now in the same category as ummm.

[@dankpostage]

Russia can’t pay its own debt to itself? Don’t countries have the ability to create its own money?

[@maigepresents5840]

Not quite as simple as that... countries issue treasury bonds when they choose to employ quantitative easing... so for every dollar printed, the US has to find someone willing to buy a bond worth that amount for a fixed term... usually 10 years. the US then has to pay annual interest payments to the person holding that bond and at the end of term, reimburse the holder. Now if the US dollar goes up in value, the holder gets back a nominally higher amount plus any interest... if the US cash rate goes up, then the interest payment goes up too... that's why the US will likely never be able to reduce its national debt... they're caught in a death loop of borrowing to spend... then spend to borrow.

[@lufknuht5960]

Can USA literally or even figuratively repay its national debt???

[@maigepresents5840]

As opposed to the $32 trillion dollar US national debt which can be paid back tomorrow... 😂

[@jeremysmith54565]

@@maigepresents5840 The US hasn't ever defaulted 🤦‍♂️

[@maigepresents5840]

@@jeremysmith54565 the US national debt has doubled in the last 10 years... the US hadn't defaulted YET...

[@jeremysmith54565]

@@maigepresents5840 and it most likely won't, as there's a number of countries who won't allow it to🤦‍♂️

[@maigepresents5840]

@@jeremysmith54565 most of those countries are diversifying their currency holdings away from the USD, OPEC decided to not renew the petrodollar agreement which has underpinned the performance of the USD for the last 5 decades and BRICS is looking to introduce a gold backed currency exchange that has no reliance on the USD... there's gotta be a reason for this... oh... no... wait... it's because the US decided to weaponise the dollar...

[@clementng7718]

Where there's selfish ambitions; there will be confusion, and all kinds of EVIL. James 3:16

[@mtshyna]

What i hear is that these politicians are constantly making straw man arguments for something that can be true and untrue, and every nation experiences. 😪

[@jeremysmith54565]

@@mtshyna 🤦‍♂️

[@Friendly-Unit]

Neither can America.

[@gozewstuffnthings5837]

Difference is, they could if they wanted to. Russia physically can't. Stop repeating bollocks.

[@Friendly-Unit]

@@gozewstuffnthings5837 sure bub.

[@VampireNewl]

Big growth in the scrap metal industry coming soon though

[@samuraispike4615]

US can’t either

[@jeremysmith54565]

Except the US hasn't in it's history of borrowing defaulted🤦‍♂️

[@WhiteWereWolf87]

is the russian national debt anywhere near the trillions of the US ? you know that debt that will cripple the world once it colapses

[@mlight7402]

What is the purpose of inflation matching GDP growth?

[@siloton]

The purpose of inflation matching GDP growth is to maintain economic stability and to balance growth in output (the economy’s production of goods and services) with the value of money. For such simple questions you do not exercise people but you ask some GPT instead, and delegate to people only parts that you did not understand in the explanation

[@colmivers]

I thought oil was traded in US dollars, why can they not export on this basis?

[@matthew4107]

oil is traded in whatever currency the country the oil comes from. the US doillar is an agreed single measurement to measure value on, its not physically traded in US dollar.

[@Squee.1366]

Russia was banned the use of USD and euros in trade, so it is forced to use other currencies that no one really needs except their countries. Like the Chinese yuan or the Indian rupee. At the same time, absolutely everyone, even russia's most prominent supporters and allies, refuse to use the russian rubble in trade. So Russia is gradually moving to barter. As, for example, in the recent agreement with Pakistan on the barter exchange of goods. This is no longer even the Middle Ages, but a prehistoric subsistence economy.

[@maigepresents5840]

That was mostly the case for the last 50 years... but OPEC declined to renew the petrodollar agreement earlier this year so oil can now be traded in any denomination accepted by the oil producing countries. And guess who has the largest oil reserves? Russia baby!

[@viktorgalvins229]

Who has the biggest depth ? USA? what are we talking about then???

[@emmaward8250]

Please shows the Russia CBN post concerning Russia economy

[@markuss-n5i]

How do people only see possesions as assets. Trust and social connections are also assets

[@cesararellanes6188]

Broo you need to travel more. Saying that russia has such a bad economy that it's the size of mexico is as bad of an example you could have picked. Their GDP is has delta of 500 Billion, in 2022. In todays numbers mexico is closing in to the 8th spot while russia is now more like a 15th

[@liviomoreira2457]

Russia can't, but so does the US and probability a couple other countries too. So what?

[@jeremysmith54565]

@@liviomoreira2457 except the US hasn't defaulted on its borrowing 🤦‍♂️

[@jeremysmith54565]

@@liviomoreira2457 except America has hasn't ever defaulted 🤦‍♂️

[@liviomoreira2457]

@@jeremysmith54565 No they just print more money.

[@davidt9339]

UK and USA plus many other countries ha e the same problems. Isn't that the real story?

[@stevenchapman5810]

and the USA dept can be repaid?

[@Anthonythumb]

Yes.

[@adamkisk9214]

That makes sense 😅

[@lloydgush]

The problem of ukr in nato is turkey.

[@kickboxer8173]

i cant pay my bills

[@Gsoda35]

how can you afford an internet connection then?

[@kickboxer8173]

@@Gsoda35 i camp at starbucks parking lot

[@MultiWolfxxx]

Nobody likes the russian war but it has to be said that the russian debt is one of the lowest in the world. If they borrow their whole debt every year for the next 5 years they would be at the level of the US relative to their GDP. Currently they are roughly at 20%or lets say pessimistic even at 30% and the US maybe at 130%

[@ulfeliasson5413]

How many countries can repay its national debt?

[@maigepresents5840]

Not the national debt, this is about paying back the interest on treasury bonds..

[@robertmcdonnold3038]

Turn the music off.

[@ManicOnTheBeat]

This is why he is going to start WW3

[@WingsOfADream1]

god i hope so

[@Skilled_Driver]

USA says, Putin you can’t pay your national debt, welcome to the club we can’t pay ours either.

[@russianenglish4284]

you also do not understand what debt servicing is

[@herickdeharo]

​@@russianenglish4284😂❤❤

[@Skilled_Driver]

@@russianenglish4284 appear you are well versed on the subject LMAO

[@russianenglish4284]

@@Skilled_Driver Russia 143 million people, Russian gdp $1.7 trillion, less than Southern Califonria 24 million, gdp $1.8 trillion

[@Skilled_Driver]

@@russianenglish4284 of corse America has a higher GDP. Russia can’t make anything of quality, just look at your cars. Junk!

[@henriwolbrink]

So many discussions that high inflation will hit Russia. Still there are so many countries in the world that have a far higher inflation for many years.

[@janbaxmeier6186]

You almost Need a debunk video for this one… there are some Points which are false or have to be put in relation

[@DianaGarcia-d5d]

Lets see who goes down first and cant pay off their debt America.? Europe or Russia?

[@Gsoda35]

not even the US government can pay their biggest debt which is over ten trillions.

[@maigepresents5840]

The Russians has the cash to pay their debt... the US has frozen (stolen if the UN definition is accurate) those cash assets hence this video... 😂

[@richardthomas9263]

Lol, like we can

[@SantiSomchay]

Bartering in fruits and vegetables.

[@michaelevans6725]

So you think china can. Or usa can pay their debt?

[@Scyphersoarocx]

Neither can the US lmao

[@Tamil.michal.gaming]

LOL why not just throw some crypto into the liquidity pool of Cryptonica? I'm getting 100 USDT from each of my pools daily, screw this trading game

[@Survivalist-of-war]

Neither can we 😂

[@etiennemaloba8713]

Putin I must leave Ukraine people to be very free and greatfull

[@phil2806]

😂😂😂 love watching the West coping hard 😂😂

[@perkunast9680]

What makes you think Putin is the problem, if he is gone you may see worse.

[@DaveRSuperstar]

I'm willing to wager.

[@yimlenaga9415]

China and we Indians are there.Dnt worry you Western we are not puppet of Any country

[@lauriew3517]

Neither can US 35 trillion

[@simonharrison6728]

Neither can the States

[@jensmarkgraf]

you earned a like just for beeing human

[@lauriew3517]

Guys hiding in US

[@hump1953]

US cannot pay its debt either… so what …

[@russianenglish4284]

The US can. You misunderstand debt servicing. The US has never failed to pay its obigations.

[@wesley135]

we make our payments. The US dollar is accepted everywhere. no one wants rubles.

[@hump1953]

@@wesley135 accepted …

[@russianenglish4284]

@@wesley135 "accepted", meaning people will take it. "excepted" means "to make an exception", to avoid some condition

[@dennisestradda9746]

Mostly owed to ourselves not russia or China😂

[@thomasnartey886]

God is in control

[@JS-jh4cy]

People not focusing on the Russian debt, media keeps up diarrhea of us budget deficit every second.

[@MademoiselleRose40]

That's because most of the media is right wing owned and the right wing billionaires want to run the country. They can't stand Biden is doing so well. Huge misnomer Republicans are great on economics, what a joke, the figures show America does best under Dems.

[@radhershyam1234]

Big shoutout to the guy in the comments who recommended Cryptonica to me-you really helped me out. Thanks a ton 🤝🤝🤝

[@HopeVReason]

Be careful folks bias at work here 🤨

[@AdornamentDesigns]

Who can??????

[@fuggzy5192]

Neither can America lol