Why the Russian Economy Is in Deep Trouble

Check out my new book "What Caused the Russia-Ukraine War": amzn.to/3HY5aqW. You can also read it for free by signing up for a Kindle Unlimited trial at amzn.to/3QMsBr8. (These are affiliate links, meaning I earn a commission when you make a transaction through them. This means that even if you read for free, you are still supporting the channel.)
Five months into the invasion of Ukraine, it appears that the Russian economy is in decent shape. But looks can be deceiving. This video goes deeper into the effects of economic sanctions, showing that Russia may be in more trouble than it would otherwise seem.
You can read a longer report on the Russian economy here: papers.ssrn.com/sol3/papers.c...
0:00 Russia's Post-Invasion Economy
1:34 Capital Flight
4:11 Disappearing Trade
7:38 Traditional Indicators: Markets, Exchange Rates, and Inflation
10:23 Dwindling Cash Reserves
Images licensed under CC BY 4.0 (creativecommons.org/licenses/...
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[@charlest2858]

Regardless of how powerful a country is ,it still needs other countries

[@bjrnhjortshjandersen1286]

Only Antarctica may not. 😊😊

[@ferdomravec1520]

Nonsense, the supreme leader Kim-il Sung would smack your ass for such heresy!

[@Kenny-yl9pc]

@@charlest2858 I´m no expert but I think that "Antarctica" is not an American state.

[@SkeeNnN]

You just demonstrated why free trade is essential for economic success in just one sentence. Beautiful

[@lochness1373]

@@charlest2858 the United States has plenty of energy. We are above russia in energy exports and have plenty of untapped reserves of oil and tons in gas. Plus Canada is our partner who is no 2. Russia is no 3 in energy and 45% of its profits come from the EU who are declining their need from Russia. Its a matter of time. Might not happen in the next year or so but will in the mid to long game.

[@van8000]

"What Caused the Russia-Ukraine War" is a great book. I couldn't put it down on the first day I got it. Thank you Mr. Spaniel

[@Gametheory101]

Thanks! Please leave a review over on Amazon if you get a chance. It really helps out. :)

[@rossicourvosi218]

Russia caused it by invading Ukraine

[@Realitygetreal]

Book needs 1 page, United States politicians interfering everywhere as they always Do!!!

[@ywoisug8845]

@@Realitygetreal no videos, no subscribers, account made when the war started? Gtfo troll

[@concept5631]

@@Realitygetreal 🤨

[@klausreller6560]

I love those lines of yours. They visually map the theoretical information given onto the battle zone. Thus explaining the rationale behind each counterpart's actions and the situation at that specific time. I wish more analysts could work similarly insightful. So far this is unique for me. Congrats.

[@cliffordedwards1388]

Excellent reporting 100 out of 100 good journalism, thank you sir.

[@bixbysnyder-00]

“160 days into my 3 day war, I am still master strategist” -Vladimir Putin

[@lorax8172]

more is better, right?!?!

[@jenniferclark9842]

Someone follows Darth Putin on Twitter, I see.

[@claus-not-santa]

I still enjoy the retreat of the glorious heroes of the USA after 20 years in Afghanistan................ Some boys with shower sandals and mopeds kicked ass and got a lot of presents for their efforts.

[@angusabbott5615]

didn't the ruzzians leave Afghanistan ?

[@paulmatthews5255]

@@claus-not-santa when Russia retreated from Afghanistan I herd they ran, check your history before you brag Russian bot

[@DS-ej9wm]

The braindrain has a massive negative longtime impact on the Russian economy. Image how long and costly the process is to educate a skilled employee (university and in-house). And image them just emigrate in mass overnight. These are the personnel you want to keep as many of them are incommutable.

[@RealHomeboy]

@World Citizen and the world is created by a pink elephant

[@zopEnglandzip]

the soviets neglected education in favour of tanks back in the 80's and it's only gotten worse

[@lukeshakespeare4462]

Take into account the number of conscripts have been purged .. we will never truly know the death toll of Russians

[@brighton1880]

Russia has free education, including university education, it has low had low unemployment rate, for years. Less than 6%. 63% of the adults have tertiary education, thats one of the highest in the world, second only to South Korea, and their economy actually absorps graduates after school. It is going to be super difficult for such a country to lose its 'educated' people. Its important to separate wishing for something to be true and the actual reality. They fact of the matter is, western companies leaving the russian market, hurts them more. They came to Russia not to make Russia rich, but to make profit, it was a business investment. Them leaving, and losing billions worth of investment, doesn't hurt Russia more. They are leaving their assets, infrastructure in Russia, for free or for less returns. Let me give you an example, McDonald's, what value did it add to Russia? Or Nike, other than employing locals and maybe taxes (but we know how these large companies know how to avoid paying large taxes) anyways, my point is this, when they left, Russian owners took over, after all, the stuff was Russian, the suppliers and customers were Russians. Its the same everywhere , it gave opportunity for Russians to take over already established businesses. Its why countries insist foreign companies should have local shareholders, and local citizens in top management positions.

[@RealHomeboy]

@@brighton1880 cry for more western micro chips

[@williamhenszlein5032]

While Russia may seek a peace in exchange for territory I doubt Ukraine will oblige... as long as Western aid continues.

[@raishaferreira8099]

God bless ukania family and volunteers 💙💛 salmo 37 for protection

[@robinsantos3438]

@@raishaferreira8099 no9pm

[@steverodgers7866]

That's the key, the EU economy, when the gas stops

[@steverodgers7866]

When the gas for the EU stops

[@jgw9990]

@@steverodgers7866 The EU have stockpiled the gas needed for winter already. However, even if the gas did stop I don't think that would lead to EU countries supporting Russia. This is a Russian assumption about Western weakness, but it isn't necessarily accurate.

[@TheHoedeni]

I like the lines on your Maps...! In fact, I like your videos! The only negative point of them is that there not enough videos ;) Seriously, it clear, neutral and precise.

[@drtoxiccookie]

I wish there was actually more channels like this discussing the war. This guy at least actually does his research on things.

[@Gametheory101]

I try!

[@MausMasher54]

Have you visited The Enforcer's Channel????

[@MichaelCarolina]

speak the truth is a good channel.

[@Allesmann2]

@@Gametheory101 ty sir :)

[@reaperzeero]

Search for the channel "Perun" that guy has some seriously good content on the current conflict.

[@Llkc60]

additional information for Ruble: Gazprom bank continuously buys up excess ruble from the market through selling USD/EUR payments for energy. if energy sales completely stop they will not be able to 'artificially' pull up ruble value.

[@GlenSify]

You do such great videos. I would love to see an update on this one some time.

[@S3thousand]

Update, Russia wins

[@z3ro5um]

Well presented. I suppose others would speak to the Rusk black/gray market stabilizers? Kind of like adding ‘heat’ factors into rudimentary mechanics solutions. It adds an unknown that is hard to directly quantify.

[@SqwarkParrotSpittingFeathers]

Good summary and analysis. Thanks.

[@Jamal-jv8yc]

Great detail. Good job buddy. You earned a like and a new subscriber.

[@boxinghogg2843]

Bro you got a great voice for KZbin and your videos are crisp and precise love the information great work as always

[@robertlaughlin2349]

Maps are very valuable. please continue to include them. A time-lapse map of the shifting status of controlled areas would be terrific. No one seems to have one like this on-line.

[@PatMzongo]

There are several on KZbin, volgoda mapping has one for example

[@danwright1794]

Might this speak to the diametric nature of today’s reporting? Wake up.

[@eph4835]

BBC.

[@danwright1794]

@@eph4835 E PH. If it’s BBC … it’s Ukrainian origin. Every source on this is Ukrainian at BBC .

[@Saiputera]

Ukraine Economy isn't doing good. I bet this channel won't mention it lmao 😂

[@rabbibacongrease88]

The smartest thing I heard in this video is "Looks can be deceiving". That's very true considering the war started in 2014, not in 2022.

[@johnf4279]

Precisely: ) How many times we hear that Russia is on the point of collapse? Wishful thinking.

[@Julian-cp3vp]

There wasn’t as much international condemnation and action in 2014 though, that’s what *could* (wishful thinking) make a difference

[@internetresearchagency2238]

@@Julian-cp3vp Russia should have intervened in 2014, thousands of lives would be saved

[@MaryB311]

That’s why Russia has to be removed completely from Ukraine’s recognized borders. Otherwise Russia will regroup and try again later. We want to live in peace.

[@adrianbennett6788]

@@internetresearchagency2238 propaganda nonsense

[@dorismartir316]

Very informative, thank you.

[@gilesfisher5277]

Thank you. Fantastic video.

[@igwilo421]

Very interesting video but he did not cover the new deal that Russia and china have on the reserve currently using raw materials such as gold to back their currency.

[@rerror3577]

Hold on, There is no way that the cannibalised chips they found in tanks are because of the sanctions. Six months isn't enough time to repurpose a chip. If they found repurposed chips in tanks that must have been a practice Russia was doing long before the war.

[@Nozzred]

There been some sanction on Russia since 2014 when they attacked Krim and thats 8 year.

[@yam2050]

Russia had been under sanctions since 2014, they just added a few new one this February.

[@stunningandbased5516]

@@yam2050 hence why the T-14 isn't going anywhere, presumably because it relies on technology that has been sanctioned since 2014

[@enriqueperezarce5485]

Well why do you think there bringing out t-62s it’s because they can’t repair or replace the new models

[@user-ot7wh6mh7n]

@@enriqueperezarce5485 the T-62 are going to LNR/DNR militiamen, who were lacking the support of heavy weapons. These tanks are mainly used to destroy fortifications and provides cover fire. Or to be used in defence lines like in Kherson. Or in cases where using the top-notch weaponry is overkill and can be safely done with older equipment

[@v8pilot]

"Russian tanks retrofitted with semiconductors scavenged from dishwashers and refrigerators". As an electronics engineer, S.L.B.T.M.

[@yglnvbrs]

what does SLBTM mean?

[@lochness1373]

Slight less better than most im guessing tho

[@randyg4571]

@@lochness1373 Good for you. I was going with salami, lettuce, bacon, tomato but got stuck with the m.

[@rafaelstorr2797]

@@randyg4571 mushrooms?

[@v8pilot]

@@yglnvbrs Sounds Like Bullshit to Me.

[@ollie1024]

It’s amazing to me how many people wanted to believe that Russia could magically withstand the sanctions and end up in a better place. All the economic fundamentals have been circumvented and so the collapse is inevitable.

[@a.mazneva2010]

you take heroin?

[@user-do1tt3ld6y]

Collapse of what?

[@ollie1024]

@@user-do1tt3ld6y I think the video was pretty clear

[@vkrajuk]

euro will collapse before russia, because of huge agriculture and oil/gas dependency of russia

[@nelsonluisfreire8969]

@@vkrajuk Rússia Bot?

[@michaelmckinney7240]

A very concise and informative primer on the state of Russia's economy, thank you William,

[@manolios]

The world changes, which is not a bad thing in my opinion. Empires rise and fall and history pays dues to no one. What is bad, is if criminal , daring, with-all-the-money-in-the-world , misanthropic minds, use the Corona Flu, and the War in Ukraine, as a way for de-developing of developed countries, and control of the population. No human zones, checking through smart phones where you travel, how far you travel, what you eat, who you meet. Yeah, i mean, we are controlled and always will be, but the control of where you go if you got a runny nose, is a really bad thing.....

[@honesty3440]

Well , be happy with the economies of rest of european countries!!! 😂

[@manolios]

@@honesty3440 they are crumbling. Even the Swiss told their citizens to have wood and candles for the winter. Do you believe it? Mediavalism again....while they show happy faces with naked feet and laptops while working from home, due to the Corona Austerity...

[@tomtomblos2909]

you must be proud to european economist .... your economy fly to the moon

[@chekky47]

Very very good! the best commentary I have seen on the War for months. Very well done Sir. I salute you!

[@johan_johansson_]

Tusen tack, William Spaniel 👏🏻

[@TimLondonGuitarist]

Good video. Maps are definitely helpful

[@NATESOR]

Loving the map lines! Loveing em!

[@yesthatsam]

I don’t mind for lines on maps, but i read that some do and I can understand them considering the subject. So I’d suggest you could continue using bars and colored segments as you did in this video. It is very readable and would avoid hurting some people’s feelings. Your content is very interesting as usual and I don’t think it would be less this way.

[@Saiputera]

Ukraine Economy isn't doing good. I bet this channel won't mention it lmao 😂

[@paddington1670]

@@Saiputera yeah their economy isnt doing so well because their country is being invaded and drawn into a pitched war. WHO would have thought that would have an impact

[@-alas7106]

Ucranian economy is in defalt. Ucrania debe pasar o regresar a formar parte de Rusia para que crezca, de lo contrario la unirán en una pocilga.

[@Armored_Ariete]

I dont remember Germany or CCCP surrendering when their economies did poorly

[@gates9107]

Why is the Soviet Union collapsed in the first place?

[@Armored_Ariete]

@@gates9107 but were they at war? CCCP collapsed when the russian elites and people decided a "democratic" regime would benefit them better than a socialist regime

[@cambs0181]

That's the whole reason the USSR collapsed.

[@XxSTemx]

@@cambs0181 dont work with logic xD @Alpha_Wave take a look in the history books

[@joostdriesens3984]

Yes, but assasination attemps were on the rise.. 😉

[@ypruss]

"We are wining and that's a fact" ... now you only have to understand if i'm pro or against Russia ...

[@florete2310]

I enjoyed so many lines on maps last weekend - it's just a great way to fiddle away👍

[@ticcusagram]

William I am very impressed with your level of research and due diligence. You have a new subscriber!👏

[@sushibar777]

Not only is their financial capital flight, but there is also intellectual capital flight. In the modern technology economy, human capital is often as or more important than financial capital. That is why technology companies with little financial capital are often highly valued in the stock market. Russians that have modern technology skills in areas like software programming have left the country in large numbers. They have not been moving to the Persian Gulf, as much as they have to countries like Finland, Estonia, and points west in Europe, and even the United States.

[@Saiputera]

Ukraine Economy isn't doing good. I bet this channel won't mention it lmao 😂

[@PETE4955]

@@Saiputera The Ukraine economy will be re built with help it's already happening.

[@dylonmc4323]

@@Saiputera here you go.. kzbin.info/www/bejne/oaK7k5yrmtyqobc

[@carlomagnoilfinto5967]

@@Saiputera Everyone knows It, they're getting invaded😮

[@cugelchannel4733]

@@Saiputera It's hard for an economy to "do good" when 20% of the country is being destroyed by massive artillery barrages. But, it's not hard to fill in shell craters and replant fields of wheat

[@wacojones8062]

Book ordered. Good presentation.

[@africadreamin]

For a layman, I learned a great deal this evening.

[@paulmurray8922]

I spent 13+ minutes waiting for the lines. If anything, that made me pay even closer attention to what was being said.😂😂

[@alexis155]

If you are pro-ukraine than you are supporting slav on slav murder and destruction because the ukaine could of split peacefully throught the minks agreement or the way of czechoslovakia or sweden aborting finland but instead chose to behave like spain with catalunia. Since the maidan 2014 coup the ukraine undemocratic presidents are pentagon stooges and are hurting the countries economy and future relations with the aspiring belt-n-road. Japan Germany Saudi are pretending to be together with the usa because of nato might but are waiting for the usa to default on its currency and jump ship with the yuan.

[@egame1122]

But the lines on this channels are very stupid. They ignore the importance of keeping the world order. They ignore the fact that any aggressor would be encouraged to do the same thing again. It´s like hey: lets demand even more territory becuase they west will not think it´s not worth a war over such small territory. Let´s repeat that 24 times.... This channel is basically trying to characterize this war as a "Prisoner's Dilemma" and it fails every time.

[@paulmurray8922]

@@alexis155 Slav on Slav? What I see is Ukrainian Slavs slaughtering each other and the Asiatic subjects of Russian Slavs.

[@hamzamahmood9565]

There's a very simple way to settle all this. Just look at Russia's GDP chart after 2014, and the sanctions due to Crimea speaks for itself. And those were pretty mild compared to today

[@eaman11]

It ain't even about sanctions, this time Europe will stop buying Russian gas for good. That will takes a couple years to damage but it will be devastating for 20 years.

[@DisgruntledArtist]

*To be fair* the GDP chart for post-2014 is largely due to a dip in oil prices, rather than sanctions - at least that seems to be the consensus. The sanctions mostly just diminished Russia's ability to construct new modern weapons which we're seeing the impact of today. The new sanctions are quite a bit nastier and while Russia does get the "adrenaline high" of high gas prices and a strong ruble due to lack of imports, once oil prices stabilize they're going to start to realize that huge swathes of their civilian economy and wealth have just up and left the country and that nobody is willing to invest in them in the future. Even Chinese investors are keeping their distance. Honestly I just wish the west had implemented this level of sanctions when Russia took Crimea. It may have prevented him from invading Ukraine. Alas, the benefit of hindsight. :(

[@Fjodor.Tabularasa]

@@DisgruntledArtist dummy, epic dummy. The cycle of high oil and gasprices has just begun. It will last YEARS.

[@bigbrainb-ryan]

@@DisgruntledArtist that wouldn't have stopped the conflict as NATO would still be expanding to Russia's border and Ukraine still cut off water supplies and made it illegal to speak Russian. So if Putin doesn't invade, his Russian brethren would still not have access to water and would die of dehydration all along eastern Ukraine. Then to get fined $200 dollars for speaking Russian, they will eventually die from starvation or dehydration. Ukraine really trying to cause a genocide of Russians. So he isn't wrong to defend his folks. It's unfortunate that out mainstream media doesn't mention all that instead chose to try make Putin look like a madman. Both those things are a human right everywhere else in the world. For NATO to not condemn it or anything speaks volumes. The constant double standards and victimisation of people simply because they need a boogeyman.

[@VilkatisJanis]

@@Fjodor.Tabularasa few days back oil prices dropped to pre 24th of february level if im not mistaken. 89 dollars per barrel or smth.

[@MichaelConwayBaker]

Most informative!

[@normanboyes4983]

Excellent overview - would you be willing to refresh with what you know now, especially with the introduction of the oil and gas price caps which are only now starting to kick in.

[@nickmcgookin247]

Will you are so good at Breaking it down to layman terms.

[@rezaxxx]

How about Us being in debt with more than 30 trillion?

[@johnmc3862]

Nothing to easily the richest country in the world.

[@ConfiscatedZyra]

i just watched a more recent video of yours and was going to comment and see if you would do a video about the Russian economy. then i figured i'd search your videos and here it is < 3

[@jeffkeller9009]

That still looks better than the U.S. economy, Our inflation rate is higher, We are producing less oil, Our GDP is worse, And our deficit is alot worse.

[@traditionalsalmon2759]

No it's not. US GDP is trillions more than Russia's 1.4 T gdp. The ruble is pretty fucked atm, but it is getting worse overall for everyone the longer people remain ignorant to what's at hand. You know what I mean.

[@kireta21]

7:10 It might be also result of corruption within military. Placeholder parts took place of original parts that were either removed and sold, or never installed to begin with.

[@Agora1981]

Is a common thing. I worked in military in a ex communist country, i was a truck driver. The guy responsable with the storage of replacing parts for army vehicles was selling on the black market new parts, doing a paper that he replaced at the army vehicles and when he trully needed a part for that army vehicle....well just pick a part from another vehicle and put it at the one he needs . My english suc*ks big time but i hope you got my point.

[@Saiputera]

Ukraine Economy isn't doing good. I bet this channel won't mention it lmao 😂

[@kireta21]

@@Saiputera Country under invasion, bombed on daily basis, and with much of its population either drafted, unable to work due to fighting in their backyard, or straight up forced out of their homes, isn't doing so well economically? What a shocker!

[@Agora1981]

@@Saiputera we all know that but the main point is...you have more you loose more so for US the important thing is that Russia must loose big time. Ukraine will build his country with EU money alltought the dept will be for 50 years.

[@Saiputera]

@@Agora1981 EU can't even save Greece from economy debt trouble (spoiler alert: Greek people still suffer from it, and unemployment is growing) yet alone Ukraine. lmao 😂

[@networkgeekstuff9090]

The comparison of oil transfer at 5:03 using ships/days is not a lucky choice as it paints a skewed picture, in reality it is worse for Russia. Because Europe got oil/gas via pipelines and you can get a HUGE amount of oil/gas using a pipeline compared to ships. And 9 out of 10 pipelines are going to Europe from Russias western fields and the only one going from Russia to China is an oil pipeline from Russian's east Siberia, which is a shale oil field created in partnership with Shell as technology provider. ... I wonder how that one will keep running without spare parts from the west, not impossible, but it is a run against time to reverse engineer before first major malfunction. I have seen a report somewhere that if that oil flow stops for a single day in Siberia, the whole pipeline cracks.

[@happymanWTL]

The pipeline to China is also going to northeast China, I'm not sure how big the demand for oil in that region is. Seems like China's energy infrastructure is more reliant on coal, but im not really sure in that statement.

[@Evermoregreen23451]

The pipeline will not crack. It is engineered for operational shutdowns.

[@1224chrisng]

yes, and even worse is Gas. Oil is at least a liquid, but gas needs special infrastructure, either pipelines (all going to Europe) or LNG terminals (which are probably already at capacity) Russia has also implicitly put Oil and Gas into a suicide pact, where if Europe shuts off the oil, Russia will shut off the gas, which is an interesting development

[@paul1979uk2000]

@@Hrotiberhtaz I suspect China won't want to buy too much Russian oil and gas because they've seen how Putin is willing to use that natural resources as a political weapon if you don't do what they want, so China will take advantage of Russia by pressuring them to sell oil and gas dirt cheap but they won't buy too much that they risk becoming dependent on them. Also, gas is a different story as that isn't easy to transport like oil is and another factor is that the likes of China and India will want to be careful of what the west does, basically, it could harm a lot of business interest from China and India in the west if they get too close to Russia when the world is trying to isolate Russia, hence why a lot of companies from China are either pulling out of Russia or scaling back as the west is far more valuable to them than Russia is and these companies seem to be doing it voluntarily without the government pushing it, basically, these companies are protecting their interest in the west and don't see Russia as being worth it with everything going on.

[@miketrusky476]

Sabatours will continue on Russian oil fields and REFINERIES, it will get worse as the Ukrainians become better trained and supplied, the news will be full of these reports.

[@rogeredrinn4592]

Maps are always good, the lines further explain your points.

[@benjaminhansen5023]

I love the lines on maps!

[@angusabbott5615]

The use of "recycled" microchips in tanks might explain the Russian forces desperation to steal as many washing machines they could, but NOT why they stole toilets

[@Lots17]

They stole toilets? Maybe they wanna shit properly? But without water?

[@bubamaranovichok4901]

My friend Angus, you really have a bright imagination! Explain to me please, why the most developed country on earth couldn’t go up to the IIS without that shitty Russian rocket engines? and why is the AK 47 is the most popular weapon in the US? And what cause the hysteria about fertilizer or Grain is not coming from Russia? And I know one thing about luck, Russia is lucky to have plenty of oil and gas under their feet. About stealing is not their custom my friend! Heard about the British Crown Jewels are going back to The rightful owners in India? Who did steal what? My list would tired you out about all those things were stolen by the US the UK or the Dutch with the Belgians in hands. And I can tell you my friend why the Russian soldiers are recycling all those toilets. Ever heard about bad habit? They have one! They like to take a shit in a civilized manner even in a front line. Ever seen a US base full with advanced technology, and the soldiers have to seat on a piece of wood and shitting in an open ditch? Microchips can’t make anybody civilized or intelligent. You can be trained to be civilized without microchips. But intelligence is a different cup of vodka. You have to born that way from intelligent parents, ( inbreading is not recommended ) if you want an intelligent offspring.

[@EdDrain]

Perhaps stealing toilets to assist in spreading disease among survivors?

[@theangrycheeto]

@@EdDrain Nope, the answer is quite simply that a lot of the Russian orcs in ukraine are dirt poor and come from shockingly underdeveloped regions. They also happen to disproportionately come from colonized siberian ethnic groups like the buryat.

[@mrD66M]

that's for when the s*** hits the fan and toilets get blocked lol

[@rome229]

Only time will tell if these analyses from all over the internet is true.

[@IndivisibleByZero]

They claimed that the Russian economy was going to collapse in April due to sanctions and Russia was gonna run out of ammo and money to sustain the war in May and here we are. The whole world is going into a recession but just like US government this comments section is coping and living in denial about what's comming, and although it will hit everybody BRICS countries will not suffer as much as the EU and US will do.

[@Puleczech]

Exactly. As only time told that anything Russia talked about were lies. But I guess you are willing to ignore that part, am I right?

[@Puleczech]

@@Squickly_ In other words you are naive enough to believe Russians everything they say yet again, even if it was proven countless times to be not only lies but the exact opposite of the reality 🙂 Sure, "time will tell" if foreign investments making 40% of Russia's GDP leaving the country will make any dent on Russia's economy. Decline of more than 50% in automotive, appliances and other industries, wait that one out. Lack of spare parts and service for 90% of the entire Aeroflot, let's see, might not have nay effect. The main customer and main source of Russia's income - Europe - COMPLETELY quitting business with Russia, we will have to wait to see if that does not send the country into 20th century... How many times have you heard (or said yourself?) "only time will tell if sanctions work" only to hear screeching from Kaliningrad shortly after or the sudden incapability of making one of the main sources of income - Nord Stream - actually work without western help with the turbine... And so on, and so on, and so on... You must be really cute being this naive 🙂

[@Squickly_]

@@Puleczech Yes, let's wait and see.

[@Puleczech]

@@Squickly_ Nope, I am not following latest Russian propaganda points. Russia gets so desperate that one of the last ways out left is "let's not even talk about this, let the time show, let's discuss this some time in the future when everybody forgets and we can divert the attention to something else". It is very transparent and very pathetic, yet again. If you want to follow this (or be part of this) that's up to you. The rest of the world moves on.

[@ulaamigo8976]

A very brilliant analysis And very useful for student research plus understanding the economic concepts in terms of trade... ulamanaia from samoa.

[@australiaprisonisland9156]

Ordinary analysis if I say so myself.

[@-alas7106]

The worse is coming after.

[@AbsoluteKhan.]

Love the lines on the maps

[@fagelskramma46]

very interesting, but have you also thought about the raw material and how dependent europe is on russian gas and oil. winter has yet to come average inflation in the EU is 15% (salami tactics let it rise). and on top of that how quickly the EU changes direction when there are uprisings in the EU

[@Pau-hl1zg]

not all of eu are dependant on russian gas tho

[@eaman11]

Inflation in Europe is 10%, in Russia it's 15-40%. Only Germany was dependent on Russia gas.

[@fagelskramma46]

France italy and greece 25-50% germany poland and sweden 50-75% and finland estonia,letlonia, cheza, sovakia,austria,hungary, slovinia, rominia bulgaria 75-100% so yes we need russian gas. the Frans Timmermas green deal would not help wit the emergie demand. this would put pressure on the EU and would lead to more uprisings. my country is already a lot of rebellion

[@CorporalCookie]

@@fagelskramma46 Your numbers are quite suspect for what you are arguing. For example, Finland, 100% of gas was from Russia. But as for what that amounted to for energy and heating was minimal. So those numbers you are throwing about dont mean anything without further context, but I suspect that would work against your point.

[@tuehojbjerg969]

@@fagelskramma46 What a bunch of bullshit and what country is that Russia

[@martijnstam6186]

And an other factor that needs to be taken into account is that Ukraine is not willing to concede territory. This time they are not going to stop until they have all back, including Crimea.

[@ED-es2qv]

You know this how? Some politicians will say they would never do something, then they do. How many millions of Ukrainians would die before they decided crimea was negotiable? If the west decides to stop funding the war at 2020 borders, then Ukraine keeps fighting how? Compromise is possible.

[@akulkis]

With what army? The experienced army that existed in February 2022 no longer exists. It has been destroyed. What remains is an army of newbies (a few volunteers but mostly conscripts)

[@reptiloidtill]

@@akulkis Copium overdose

[@Frummellll]

@@akulkis The army being trained in the UK for example.

[@oi2837]

@@Frummellll That army is not experienced, but trained, they number only at around 10k, and will not be in Ukraine for months.

[@faustotaleon673]

Thanks for sharing l love it

[@theylaughatmynickname4860]

1. When those company have left, it’s not capital flight. Capital has been brought in and spent when they built those restaurants, factories, gas stations etc. they did not bring those buildings or whatever contained in those buildings with them when they leave. What exactly left?

[@ares106]

12:15 why would they deposit so much of their reserve war chest, that is to be used in case of sanctions in foreign banks, where their assets can so easily be frozen? It makes no sense.

[@ArtisZ]

They did not believe the West would go "that far". They did.

[@thoso1973]

Putin completely miscalculated the Western response, based on the 2014 response when he annexed Crimea. Just as he miscalculated the Ukrainian will to fight and the abysmal performance of his much hyped military.

[@Gametheory101]

The others basically nailed it. It was a really bad miscalculation on Russia's part.

[@italianstallion399]

Russia wasn't expecting a reserve currency provider to confiscate their foreign assets, which is unprecedented. The U.S., U.K. and E.U. have made China very aware of what their intentions are and when when they start dumping dollars for gold, USD is going to begin its journey into becoming meaningless.

[@PeterMuskrat6968]

Considering the West’s reaction to the illegal seizure of Crimea, they seem to have believed we wouldn’t dare. Ukraine did an absolute phenomenal job on Wartime propaganda to get us on their side. Isn’t hard considering Russia is war crime reliant

[@niaMah1363]

You should ask "Why the European Economy is in Deep Trouble" actually.

[@Puleczech]

Based on what exactly? What sanctions are imposed on EU states?

[@niaMah1363]

@@Puleczech inflation! resource shortage and food shortage due to the war in Ukraine? Rates hike in the US and dollars flowing back to the US? Etc. Shot themselves in the foot sanctioning Russia? No gas? No grains as a result? Guess where the "food bowl" of Europe is? That's right, eastern Ukraine. And guess who's controlling eastern Ukraine now??

[@niaMah1363]

@@Puleczech ??

[@eaman11]

Europe is growing. How are car sales in Russia now? I tell ya: -90%. How is inflation in Russia?

[@niaMah1363]

@@eaman11 I have problems replying here (for the last 6 times). See my answers in the main post section. Thanks

[@forevertron12]

Companies that left just opened up the market for local companies. The country has practically zero foreign debt and all the resources it ever needs. Just keep in mind that this country survived napoleon, two word wars and the fall of the ussr… and in every case the fall of Russia and doom and gloom was hoped for, yet it just sirves. This trend will continue

[@eristotle2482]

My thoughts exactly. I was hoping the video would mention it

[@ilaser4064]

Ah so this is the daily talking point at the bot farm. I've seen the same comment posted numerous times now. So life was great in the USSR when the soviet state produced everything? LMFAO The soviets were also given a crap ton of assistance by the west during the second world war that always is conveniently forgotten by you shills. Little doubt Russia would have fallen without it. They also were saved by the weather and poor decisions by Hitler. The USSR collapse oversaw massive struggle, I've been to Russia several times and outside of the major towns/cities it's a third world cesspit. This struggle allowed Putler to take control, through peoples fear of reliving that. Ironic that's what Putin is providing them... Funny thing is the west doesn't want the demise of Russia, that's one of your inane talking points, we want a world where nations respect the sovereignty of others instead of living in a fantasy land of imperialistic fever dreams. Anyway enjoy the crash, it's coming.

[@camilledouglas7991]

Thanks!

[@Gametheory101]

Also extremely generous, thank you very much!

[@PunmasterSTP]

I see this sentiment echoed in many of the other comments here, but I just have to say that your videos are some of the best researched, most detailed and most clearly communicated on the entire KZbin platform. Thank you so much for taking the time and effort to make them!

[@mrcarpenter9623]

It’s propaganda. You are shortsighted.

[@PunmasterSTP]

@@mrcarpenter9623 How so? Also, I'd be interested to know your perspective. Do you work for the Russian government?

[@ronaldgreene5733]

​@@PunmasterSTP . . There are esoteric sources that said Russia will become something to help lead the world out of this current extreme corruption of mentality and unawareness. Our networks [US/western] and Soros are responsible in support by which through electoral fraud and by coercive means, the current belligerent regime has been installed in Ukraine, that was guilty of bombing its own citizens within months of taking office -- merely for disagreeing with government policy. The majority of Ukrainian citizens in the east are of Russian descent and mix, many of whom have family in Russia -- while these facts will never be revealed by corrupt media who practice no journalism at the corporate level. Putin has been extremely effective at fighting the kind of corruption that we all suffer from; therefore, the need by any means to create crisis and war in the region until the kind of government amenable to a few can be managed in Russia -- as elsewhere where we "fight for democracy" after inciting groups in nations that were too independent. While Russia today is creating gold-backed currency and a legitimate trading network on that basis -- Gadaffi the "terrorist" had also established gold backed currency and was creating a fund to support nations of Africa in place of IMF loan sharking schemes that bankrupt these nations in order to keep the status quo, while little of the money reaches the people in any form who need it -- as does foreign aid serve in the same role, propping up the few who benefit from things as they are and who believed in keeping people in their station for decades, surviving in good years -- an artificially created growth problem when not allowed to participate in western style economy after exploitation of these cultures for their resources who never before experienced a population growth crisis of any kind. Influence and control through networking has always given the impression of concern, circulated among the elite -- that group most easily managed, as they feel too important and have no other desires. Many more people are brought into a similar fold by various means through connections made that last a lifetime in personal, career and business relationships and organizations purposed for supporting this process and information/narratives shared. This is not conspiracy -- as it is a process of normalization in the affairs and evolution of human events. Normalization rather than conspiracy is how influence and corruption create and take precedence, so that awareness is hostage to the needs for anything other than ourselves to define what is real and acceptable -- the need for any form of consensus to rule us unaware, lest we ever accept responsibility. The eugenicist's philosophical insider's perspective originates from those influences that have proven time and again that concern is not in existence, but for the control and augmentation and stasis of power -- however addictive such perspective may be. To buy any conscientious philosophy at the level from which conscience is disdained and entirely outside of the culture, is to buy delusion wholesale -- regardless of one's job or social position. Consensus is a powerful motivator that requires no other confirmation or justification.​

[@alpejohnson491]

@@PunmasterSTP Ironically you asked him if he works for the russian government so why be interested if you conside him to work fro the russian government. I mean lets talk about Ukraines economy right? Why just Russia and Putin.

[@PunmasterSTP]

@@alpejohnson491 I’d be interested in getting different perspectives and testing out my hypothesis. What are your thoughts on the economies of both Russia and Ukraine?

[@michaeloneil8340]

William, this is a remarkable and riveting illustration of how depictions of this kind should be presented. I do wish that you would present yourself to the BBC, who have made little reference to this side of the war, and when they have done so, it hasn't been anywhere near as well informed as your portrayal. Quite simply this is a great piece of journalism and you are clearly in a class on your own and destined for the highest acclaim. Thank you. Best regards. Mike

[@ronashman8463]

Comment of the day to you. Blessings from New Zealand 🇳🇿.

[@timdulle5189]

Thank you for a clear concise logic to get a good sense of what's happened.

[@manolios]

The world changes, which is not a bad thing in my opinion. Empires rise and fall and history pays dues to no one. What is bad, is if criminal , daring, with-all-the-money-in-the-world , misanthropic minds, use the Corona Flu, and the War in Ukraine, as a way for de-developing of developed countries, and control of the population. No human zones, checking through smart phones where you travel, how far you travel, what you eat, who you meet. Yeah, i mean, we are controlled and always will be, but the control of where you go if you got a runny nose, is a really bad thing.....

[@Jessica-kk1cz]

Jeff Sonnenfeld did two interviews on DW News recently. He also gave more detail on the points made here.

[@agems56]

DW news and documentaries are my go to information source for everything I want to find out about my own country,Canada because so much information is kept from us here in the guise of Privacy laws and local news omissions and cover up!

[@hudhinton1880]

The stability of the ruble exchange rate means absolutely nothing. There are multiple ways to prop it up in the short term. One result is rampant inflation. Another is the reduction in corporate values and related stock price decreases.

[@claus-not-santa]

And what does the rate of exchange of $ and € mean?

[@williamthebonquerer9181]

@@claus-not-santa do you actually believe it's beneficial for an economy to be sanctioned? Russia looks fine because energy prices have increased but that's just compensating for Russia's service sector collapsing

[@claus-not-santa]

@@williamthebonquerer9181 Which service sector is collapsing in Russia? Have you ever in Russia? Or from where do you have your "knowledge"?

[@coloradoing9172]

@@claus-not-santa "And what does the rate of exchange of $ and € mean?" are you saying that you don't understand how currency exchange rates work?

[@claus-not-santa]

@@coloradoing9172 I think I know more about this issue than you ever can imagine! I was commenting the words:..............The stability of the ruble exchange rate means absolutely nothing.

[@heyhoe168]

Ukrainian intelligence. Prior to mentioning the source it sounded plausible.🤣

[@Moskal91]

Wdym Ukraine is the best source. not like lyudmila denisova made fake child rape stories or anything.

[@herisuryadi6885]

It seems as trustworthy or slightly more trustworthy than Russian Intelligence

[@underarmbowlingincidentof1981]

@@herisuryadi6885 At least Ukraine has accepted that they are at war In Russia it is illegal to even call it a 'war'. You go straight to prison there for saying it haha Also no real reason for Ukraine to lie... if it did lie it would be to make Russia seem even more powerful so we send even more aid.

[@fica375]

This video is as skewed as they come but in a more cerebral way. Still biased as hell:)

[@herisuryadi6885]

@@underarmbowlingincidentof1981 Oh Well

[@annecosgrove2133]

Oh, boy, I sure hope so! Deep trouble? Keep digging Vlad!

[@qwerty-vg9yf]

There is no one to protest in Russia, opposition is in jail.

[@covid-2320]

True, but you also have to think of how soon poor russians will have trouble gettin Jobs, acomodations, good education and some even food or heat in winter because of the sanctions. No goverment prevails if its people are starving

[@qwerty-vg9yf]

@@covid-2320 All those problems were always present in Russia. Here 30% people are living below or near the poverty line. Russian government is doing it's best to cover up those things. According to our propagandists, our (russian) main concern are LGBT/uncle Sam/Ukrainian "nazies", that's what we need to be worried about. I can describe living in this country, as an album cover named: "In the range between hope and dispair", from russian rock band named "Порнофильмы".

[@covid-2320]

@@qwerty-vg9yf Crazy how your country cares more about stopping LGBT people than actually making the lives of your people better. And yeah, Ive heard that Russia has always been rough. But in some months the situation there is going to become so much worse for everyone. Russia is likely to go downhil very fast

[@edreusser4741]

It's very unlikely the cash reserves will last past the middle of next year. I find it delightful that a 300 billion dollar slush fund is available to help rebuild Ukraine. 30 years from now, Ukraine will be good as new! Minus a heck of a lot of its people, unfortunately.

[@FuncraftVideos]

the 300 billion is not exactly available, it's not a given that they'd be able to justify it legally

[@panan7777]

Check Rosstat: Russian population is shrinking fast. Covid and excess mortality last year, they've lost more than on million people.

[@paulmwai5988]

There will never be a Ukraine ever again

[@1224chrisng]

it's basically the Marshall Fund from WWII, and if a formerly-hostile Germany can turn into one of our most prosperous allies, then a friendly Ukraine will fair even better

[@toonertik]

@@paulmwai5988 I'm waiting for russia to take your cuntry.. then watch you cry.

[@camimayer5359]

You has stifled your video. Your hard work...

[@elisabethrydeholm4681]

I just watched a KZbin video from a Russian supermarket filmed 5 months into the war. It surprised me immensily to see so many European and US brands on the shelfs. Hardly any sanctions on foods and daily goods it seems? Very confusing..🤔

[@nomobobby]

Wouldnt a flat sanction against food purchases be an inhumane move to the international stage? They also temporarily clamp down on medicine and medical devices but lifted those sanctions already. They may also be keeping the food market as a sanction of last resort

[@paulo4735]

Till all these predictions come to pass The Institute of International Finance (IIF), which is a bankers’ organization, estimates that the current-account surplus (including trade and financial flows) can come in at $250 billion in 2022. That is more than double the $120 billion that was recorded (by Russia) last year. Thus it would appear that sanctions in fact have boosted Moscow’s trade surplus. Even the exports directed to the West have been holding up well. The global rise in energy prices has boosted the revenues even further. Russian inflation is still high, but it is slowing. With economic activity indicators improving, the Russian authorities have reasons to be optimistic about avoiding a financial crisis.

[@honved1]

Copium

[@cooldued5308]

So a bankers' organization knows everything about Russia? You sound stupid, I doubt anybody would listen after the fact you said sanction boosted a trade surplus.

[@eaman11]

You do realize that Europe will stop buying 50% of Russian gas after they have filled the strategic reserves for the winter? That is worth ~30% of all Russian GDP. OFC now you are selling more gas and at a hi price, yet next year you can't bring ~120m of gas to anyone else without pipelines.

[@paulo4735]

@@eaman11Russia has already cut flow of gas to Europe to 20% . They've turned off night lights for monuments and historical buildings in Germany including shutting off water fountains while people take cold showers there . Spain has imposed limits on how much AC people can use. Hope for their sake it's not a cold winter in a Europe that's committing economic hari Kari . Ask UK where 1/4 of people are skipping meals to save with bank of England gov Andrew Bailey calling it an apocalyptic food inflation outlook there

[@eaman11]

@@paulo4735 You got it wrong, we reduced gas imports, after that Russia "claimed" accordingly that they cut gas. Check the time line. Germany is not Europe, the rest of Europe is not dependent on Russian gas. And the "big" problem with Germany is 20% of gas from Russia, it's not like they are gonna freeze without it, we will pass some. There are no limits on AC or anything, it's just common sense that in France you have to keep the doors closed in shops if you keep the AC on! Haha we have "limits" and "rules" just about anything, even fridges temperature if you wanna know! lol @ people skipping meals in UK, that's just hilarious! They don't care about russian gas, they did much more trouble with brexit. You are deranged if you believe that people in Europe has problems, GDP is still growing, inflation is way lower than in Russia.

[@Chisato_Strafe]

The whole world is doing badly currently ... i think the next few years will be tough on life for everyone ... hopefully good times come soon

[@genechaas7369]

we are entering an age of "dark dharma"

[@niggacockball7995]

Turkey reporting, shit here is going BAD

[@galleon1968]

nah you will find the rich in ALL countries are doing mighty fine and having a swell time!

[@394pjo]

According to Forbes the three largest employers in Russia are the Oil and Gas industry, the Shipbuilding industry and the Nuclear Power industry, while in the U.S the three largest employers are Walmart, McDonalds and Home Depot. You do the math.

[@thomas-sinkala]

The lines of maps was expected. It is a signature move and we demand it on all videos. ^_^

[@rpals5412]

Very good content right there! Thanks for your effort!

[@johnwayne7673]

you welcome are

[@internetresearchagency2238]

Pure BS

[@johnwayne7673]

@@internetresearchagency2238 it's not bs at all if you really wanna see the state of their economy you dont listen to the russians or the west for that matter..trade is a 2 way system usually and that's where the evidence is present

[@internetresearchagency2238]

@@johnwayne7673 Russia is increasing trade with China, India, Turkey, Africa, Middle East and South America . Russia doesn't want to do business with hostile countries

[@johnwayne7673]

@@internetresearchagency2238 no that's not true at all even by Russias own estimates they've lost 12% (so its defo much higher) of businesses fleeing and even if it really was 12% the negative ripple affect will be enormous..60% of russias trade is selling to europe all their pipelines go to Europe not to asia ..they have one pipeline going to china which could do a small city ..russias economy is in dire straits

[@Frenchylikeshikes]

I guess I prefer to watch an independant video like this one telling me one thing, I believe it more, instead of the mass media that want to put out a specific narrative sometimes.

[@ABanRocks]

This guys profile pic is Ukraine and their flag. I am pretty sure he is quite bias lol.

[@steffenopenheimer3601]

do u think this one is independent? no one can be independent and make a true report when he post Ukraine flag...one more ignorant

[@bartsimpson8616]

@@ABanRocks ,,, that is how they create ''independent '' videos .

[@RatProphecy]

Yeah this isn't independent. It is Western propaganda trying to camouflage.

[@PoliticsPioneer]

Same I do like to watch an independent videos like that...i have lot of recent update on mine

[@jeffswaim4427]

Great segment! Keep up the good work! Knowledge is power! Glory to the Heroes!!

[@donpelayo4496]

War: a massacre of people who don't know each other for the profit of people who know each other but don't massacre each other. Paul Valery

[@AlexTorres-qv3hv]

Well...need to look a economic info sources like Forbes JPMorgan..and even the IMF have updated their outlooks of the Russian economy to a more positive stand... "Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday."

[@deepsteep4748]

What means "better than expected" and how much better is this? A little much better than really bad is still very bad for russia.

[@cooldued5308]

I wouldn't trust anything related to Russian economy, they are making themselves look big when they are small. Giant companies are pulling out yet the economy remains the same? Bunch of bull I am hearing.

[@MDCDiGiPiCs]

Thanks once again William. Love your work sir

[@brainysmurf74]

The only thing tanking is your tank. Soon you wont have any petrol to put in it

[@FilipeCardoso1]

I like the lines on maps 👍

[@zollen123]

If the black market ruble rate is much lower, people could have made massive profits by taking advantage of the difference between the official rate and the black market rate. This would cause downward pressure to the official ruble rate. But have we seen this happen yet?

[@wouterdevlieger1002]

The problem is that nobody is buying the ruble at the official rate. People who have rubles can't sell them.

[@zollen123]

@@wouterdevlieger1002 But people can buy the rubles at the black market, then sell them at the official market for a quick profit.

[@wouterdevlieger1002]

@@zollen123 no, that's the problem. There's nobody buying them at the official rate.

[@PSIHUNTER00]

Putin is like Monty Pythons black Knight.

[@peterflohr7827]

'Tis but a scratch...

[@maiskk6326]

Lemaire and Austrian minister of economy both said that sanctions aren't working and they need to find a solution ... Quickly

[@teamextremepk]

I enjoy lines on maps😎 please show more. I likey

[@guardiancanada4494]

Unlike all those other news outlets this guy does his research in depth and looks for more than the first picture. Need more channels like this 🎉

[@LandOfSmilesPhuket]

When he said Russia started the war like this... Ummm, were are the northern and north east fronts? Where is the initial but totally failed push to Keiv, this guy kinda of lost... research, he didn't even get common knowledge right.

[@Campeon99]

@@LandOfSmilesPhuket Im pretty sure he said that that’s how much they had gotten up to this point. And either way it’s not like the other fronts did much

[@Supernaut2000]

Sadly the sanctions don’t affect or impact the few people responsible for this mess. It affects the 99% of the masses.

[@toby9999]

The 99% don't matter here. It's about weakening the economy and reducing Putin's ability to fund the war and get what he wants. That's the main goal, right?

[@asnedaigas]

who are responsible? 🤣 Love idiot comments like this

[@floydsemlow8253]

Why are the few replies not available for this I tapped on the three replies that don't exist at least I can see 🤦 censorship 101🤦

[@raloed.363]

@@floydsemlow8253 me too

[@DisgruntledArtist]

They do impact the people responsible for this mess, though. That's what 90% of the sanctions are focused on. The problem is... what do you do? You can't stop the military from fighting because it's got surplus materiel produced for literal decades sitting in warehouses and represents the largest land arsenal in the world. You can't stop the oligarchs because they have a ton of wealth saved up, scattered across the globe, and even without access to their bank accounts they have enough to live on for decades. So the west sanctioned tech, steel, the banking system, and everything else that could contribute to the Russian military. The plan is to ensure that the Russian military simply cannot replace its losses and grind them down with attrition until Putin comes to the table. A lot of the problems for the Russians is companies *abandoning* Russia en masse because either their logistics are no longer viable (companies refusing to do business with Russia/unable to do so due to restrictions from both sides) or because they're under extreme international pressure to abandon Russia by the public. The companies that pulled out? That's where the heaviest blow to the Russian economy - particularly the civilian market - came from, and it was never directly sanctioned outside of like... some industrial stuff. Most of them just left of their own volition because it's either do business in Russia for 0.5% of your annual income, lose 70% of that annual income due to boycotts, risk Russia doing what it did to the natural gas station and just nationalizing it out of the blue, or risk other countries deciding that they'll no longer do business and you'll have to pull out anyways. There's basically no winning move. You sanction, eventually those sanctions will impact quality of life for Russian citizens because the Oligarchs own *everything* anyways, so you can't stop their businesses without stopping business for Russian citizens. You can't even sanction just electronics without it massively impacting the populace bc their military will just use civilian electronics for military purposes - like they've been doing so far. You go to war, you risk Russia escalating to nuclear weapons and probably getting voted out of office in the next election because nobody wants to send their sons out to die in a foreign war they don't think impacts them. You ignore Russia, give up Ukraine, and now Russia is encouraged to do what it did in 2014 and 2022 by just taking shit from its neighbours and putting puppet governments in them as it so frequently has in the past. You make NATO look weak, encouraging other countries to do similar stuff to their neighbours, and you ensure that Eastern Europe will never forget that betrayal of trust. If you can think of a way to stop the conflict without impacting the Russian citizens I'm sure the world's leaders would love to hear it -- but so far as I see there's simply no way.

[@goobis9659]

i enjoyed the lines

[@emilobe]

But where do the numbers and data for the statistics come from?

[@Swot78]

European countries had to reduce their reliance on russian slower than the US because many of them have the majority of oil come from Russia so cutting that off could cause a fuel crisis

[@zuluru8020]

stare at putin pic👺 for 1 min - you will be seeing the epitome of human madness 🤡as of today - a person 👹who does not care one bit about humanity - only cares for self gratification 🌉.. this is how the world will end - nuclear armed nation ruled by madmen🤡🤡 who try and dont get what they want and destroy♨ the world🌃🏙🌄🌅 and in turn destroy themselfs - they hope they can survive in their beautiful bunker cities as the world is nuclear☢☣ annihilated ... 👺

[@FVBmovies]

Majority of oil doesn't come from Russia, but significant portion is, and declining. Issue is with natural gas.

[@bobbuilder1382]

The only things that Russia exports are: Terrorism Oil Gas Dashcam accident footage The last two positions are the most crucial ones for EU, I thing Dashcam footages will keep coming anyway, but the gas could be a problem. But EU countries started to act and their have increased the gas reserves by huge amounts during the last few months. On top of that EU is quickly changing their sources of gas imports. There shouldn't any fuel crisis even if Putin stops exports completely.

[@misterqiu-zic3d162]

@@bobbuilder1382 hum, not sure what you're talking about, for example, NATO led by the USA, no longer has great power, they created wars like for example in IRAQ about biological warfare with "powdered milk baby" that the Minister of the time presented in a vial to the public, the Americans are liars, then there is BRICKS+ and dedollarization, the death of American and Western Hegemony, the creation of Multi-literalism which is already a great victory for the Russians, the USA has also lost Africa…about Introduced in early April 2022 by Gregory Meeks, Deputy Representative of New York, House of Representatives resolution 7311/2022 on Russia-Africa cooperation passed on May 12, 2022 to the United States Senate. I draw the attention of Afrique des Libertés to the flagrant attack on African sovereignty in this American bill. USA PERMANENT STATE OF WAR The real concern stems from the fact that the United States has maintained a permanent state of war since 1945 and destroys all nations that attempt to escape its imperialist domination. But this cannot last forever. At some point the US will have no choice but to give up its imperialist power or maintain it through total war which involves the use of nuclear weapons. Europe could have prevented this by having an international policy independent of NATO and the USA to force the USA to accept a multipolar world, but the idiots who run the European countries did nothing in this direction. Now the world is at the mercy of error, provocation or misunderstanding. The end of humanity as we know it is near and the danger is not Putin but the US military-industrial-financial complex. Biden and the EU clearly want to wage war on Russia to the last Ukrainian. A criminal will that the Mexican president denounced in these terms: "What the Americans are doing is: 'we supply you with weapons, you supply corpses'" the right-thinking West and NATO, and all the other countries that don't even have 30% of the planet and the billions of dollars to send to Ukraine....and despite all that...Russia is already over of 170 days on Ukrainian territory is still not backing down.., not to mention the increasingly strong abandonment of the "master" dollar in the world, and the USA which is losing its power in the world vs China, the India and Russia ect... (the BRICS). Explain to me who is the most powerful...??? you want more ????

[@denisramaj5489]

@@bobbuilder1382 well maybe u can google and check what Russia really exports

[@lorax8172]

You got me! I did think there wouldn't be "any lines on maps". Too bad you didn't do a similar video on April 1st (fools day)

[@elenavoicu9155]

👎 👎 👎

[@michaelb7468]

Cool graph at the end…

[@brandonshaffer3940]

I love the lines

[@jenniferclark9842]

For those going on about the US being in recession, you could’ve fooled me! I work at a UPS warehouse near Chicago, and we’re still getting an insane amount of volume (Christmas levels), and we’re getting things like beds, rugs, smart TVs, bikes, brand-name clothes (Columbia, Nike), computers, etc. We’re also hiring a lot of warehouse workers and drivers. Recession my foot.

[@tarstarkusz]

Yeah, because your anecdotal noticing is more informative than 10s of thousands of highly educated people who look at these things full time. The US is in a severe recession with about 18% inflation. Europe is about to freeze.

[@ansof3112]

It's party before storm . Smarts buy canned food, moron buys electronic goods .

[@germanjohn5626]

Don't confuse the doomsayers with facts, their heads would explode trying to comprehend them.

[@germanjohn5626]

@@tarstarkusz rubbish

[@germanjohn5626]

@@ansof3112 paranoia is not a healthy way to live your life.

[@kenchap101]

Very informative and exceptionally well presented. Thank you.

[@TexasRoast]

I was once a professional map liner on the largest maps of all, the ocean...

[@jayishere1001]

make a video on the economic collapse of UK or EU's recession.

[@Dodsodalo]

I've heard that China and Russia are trying to make a new reserve currency. What effect does this have on the dollar and the war if you don't mind? I'm not the brightest when it comes to economics but I'm trying to understand how this isn't just another Euro situation.

[@RCXDerp]

Who else will they convince to use it though?

[@Dodsodalo]

@@RCXDerp Yeah, to me, it seems like a really bad idea, especially considering their demographics. Demographics I get, and that leads me to see it as a bad idea in and of itself, but with currencies and economic weirdness I was kinda confused. It just.... Doesn't seem smart to do. So why the hell would they? That's what is confusing me.

[@bixbysnyder-00]

They have to convince the rest of he world to replace the dollar with their new reserve currency. It’s not impossible, but the dollar will remain the global reserve currency for the foreseeable future.

[@MetalBeastShred]

The USA will never allow it. They'll sanction China into the stone age to protect the USD$ as the world's reserve currency. Russia is all but irrelevant at this point: their country and economy are effectively crushed even if the war ended today.

[@PeterLawton]

China already has the digital yuan, e-yuan, IIRC. It's some sort of crypto currency, and I bet it gives the government insight into who spends how much for what and when. They're like that. I don't know that Russia would like that, though -- it seems like corruption would be more traceable, eventually. In general, I could see China and Russia wanting to create a "global" currency to thumb their noses at the US.