RUSSIAN Bonds Collapse

[@JoeBlogs]

Get 4 months extra on a 2 year plan here: nordvpn.com/joeblogs. It’s risk free with Nord’s 30 day money-back guarantee!

[@sergeykish]

Crimea is Ukraine, not "previously of Ukraine" 11:14

[@derekbootle8316]

​@sergeykish Ukrainians are dying. Is this the argument you want to make?

[@sergeykish]

@@derekbootle8316 Na zi Moscow kills Ukrainians since 2014, kills on occupied territories, claims Ukrainian nation and language would be liquidated

[@MasterCommander.]

Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?

[@MasterCommander.]

@JoeBlogs . Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?

[@thomaswrzalinski7454]

Heres a little history factoid for comment section; On the morning of November 9th, 1989. Western journalists in East Berlin asked activists what they were hope to accomplish. They gave an articulate, real world honest answer. "Well, we hope in 6 months or year or so, we can visit our friends and family in west. 12 hours later, The Berlin Wall was laying on the ground. Thats how fast a systems collapse happens. And no one seen it coming. No one. Just like how all the analysts were completely wrong about the Ukrainians resolve to resist. "We are not going back" period.

[@AK-cr5pe]

If they protested by the millions they could have the democracy they crave. It's in their grasp. See: Ukraine, Romania, Yugoslavia, Chile, Haiti, Tunisia, etc. It's only impossible if you think it is. It takes getting rid of their fear. A dictator cannot imprison an entire society if they are no longer afraid. They must step over their fear. Your numbers are your superpower over him. Gene Sharp is a notable author on this subject with a blueprint on how to convert dictatorships to democracy using nonviolent struggle.

[@OscarSommerbo]

Well, the precise moment is nearly impossible to predict, but the lead up is generally quite easy to spot. The protests and increased illegal border crossings started in the summer of 89. Eastgermany was in a bad way economically, coupled with the rethinking of the Brezhnev doctrine, made the protests bolder and more vocal. "Man on the street" interviews are generally not anyone you should listen to for geopolitical analysis. Further, it was actually because of Günter Schabowski misspoke at a press conference when he announced that effective immediately, East Germans would be free to visit the West. This was incorrect, but the confusion led to the break-down of the wall.

[@pcopeland15]

@@OscarSommerbo A situation waiting for an accident?

[@billbellell9462]

I remember well the press coverage the fall of the iron curtain. I remember "tear down this wall"

[@internetidentity3917]

@@KurtFrederiksen excellent point that needs amplification: the people at the time did not know that this was the final blow, it was just one among many instances where the West proved itself superior

[@allanchapman7986]

A high yield on nothing is still nothing

[@Borsuk3344]

Doesn't matter how high the interest rate is if the real inflation is higher than that. It's still better to spend (turn into physical goods) now than hold.

[@engletinaknickerbocker5380]

Nothing from nothing leaves nothing ... .

[@geoffgill5334]

😂😂😂😂

[@racebiketuner]

Multiplying/dividing by zero is generally not advised...

[@michalooo3425]

...b-b-b-but BRICS!!1! lmao

[@tatianastarcic]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@TinaJames222]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@nicolasbenson009]

People often overlook the value of financial advisors until they experience the downside of emotional decision-making. I recall a few summers ago, after a difficult divorce, when I needed help reviving my struggling business. I did some research and found a licensed advisor who worked diligently to grow my reserves, even amid inflation. As a result, my reserves grew from $275k to around $750k.

[@sharonwinson-m8g]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@nicolasbenson009]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Sophia Maurine Lanting turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@Vincent-j8u]

Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.

[@MrVince8]

I would not loan my money to Russia at 100% interest. There is a good chance that they will just decide that the bond has expired and not pay anything back. They change the rules to fit themselves every day.

[@stefanweilhartner4415]

oh, i doubt that. but what is the interest rate of 19% worth after 5 years when the rubel lost 90% of it's value?

[@Dilley_G45]

Don't trust Russia on anything

[@geoffgill5334]

Just like our Democrats😂

[@lennyvalentin6485]

Chances are, if you're a Russian with money to invest and if you don't buy Putler's bonds, some helpful person is going to suggest to you that unless you do, you might trip and fall out the nearest 3rd story window, or polonium might contaminate your tea cup, or novichok might accidentally end up in your underwear. These people don't Eff around.

[@andrewjenkinson7052]

​@@lennyvalentin6485it is Russia's version of a Window Tax. If you do not pay, defenestration.

[@CarmeloRagusa-w7t]

Imagine trusting the Russian government to pay you back after even 5 years! 🤣

[@dmitryk2058]

well said… actually, you should not trust russian government pay you back even after 50 years

[@SonicPhonic]

...they don't even pay their soldiers. They have to buy their own gear but are given a rosary from Putin's KGB guy in the Russian Orthodox church.

[@bjornstahle4652]

@@dmitryk2058 They still owe the USA money from WWII.

[@glennwhitlock1272]

You'd probably have to go and collect it in person, signing a little slip of paper and suddenly finding yourself on the front line.

[@terryvarta9306]

@@bjornstahle4652 Based on inflation the USA helped Russia with 200 billion in todays money during WW2 and whats funny all USA allies had to pay back the money but nothing from Russia

[@fmitterb]

My name is Bond, Collapsed Bond.

[@MattHudsonAtx]

Bond, Junk Bond

[@velisvideos6208]

007%? No, 017% and rising.

[@asdasdasddgdgdfgdg]

😂😂😂😂

[@davefave4351]

007. Licensed to default on payment.

[@gerrytrimble8430]

😂

[@jpa5038]

Imagine owning a Russian bond. A promise to pay debt from a country whose currency is worth less than monopoly money.

[@reptilian.s]

1998: Yeltsin swears to God that russia would not default on its sovereign debt. Mere couple of weeks later russia defaults on its debt. Those who do not learn history are doomed to repeat it.

[@pcopeland15]

I have family members who possess some old CSA bonds dating from the US Civil War. They make interesting office wall decorations

[@WestermanT.]

@@pcopeland15of course you do, comments like this are why no one likes you

[@reptilian.s]

​@@pcopeland15 I own a few USSR domestic bonds. Funny enough they are worth more as collectibles than as securities guaranteed by a commie state.

[@TomTomicMic]

​@@pcopeland15 They are worth more than roubles!?!

[@Penfold-8521]

Who would invest in a country that, with one swipe of a pen, nationalised every foreign business within that country with no compensation paid out.

[@willbee6785]

You said it.

[@angela-qh8gl]

Trump…..😁

[@jenkem4464]

Oh there was compensation paid out. Only thing is it was probably only paid out to like 200 people.

[@andrewmcalister3462]

This!

[@paulietv2162]

@@angela-qh8gl TDS

[@MrTravbad]

Financial firms should be held to the same level as manufacturing firms ... NO investment in Russia!!

[@TheRezro]

Russia actually bankrupted two years ago. It is they internal bound market collapse.

[@SgtBeltfed]

I'm pretty sure they are, kinda hard to buy anything from Russia when one can't pay them for it.

[@pierrechang55]

I‘m surprised they still able to sell any bonds

[@coderider3022]

Still needed for state pensions and financial plumbing of wider system.

[@pbr4814]

Investors will buy ANY bond if the interest rate is high enough to justify taking on the risk.

[@Haffschlappe]

Russia is the richest country in the world!!!

[@bjornstahle4652]

@@Haffschlappe Rich in sorrow and suffering.

[@lindabastable3021]

​@Haffschlappe Russia isn't even in the top tier of rich countries. It is normally a middling size economy. However, Putin's war has reduced Russia almost to penury.. Even after the war ends Russia will flounder. No country is going to rush to Russia's aid. Between lack of inward investment, failure to gain back customers for gas and oil, and collapse of businesses unable to switch from the current war economy, Russia's future prosperity is doubtful. If you are only referring to the natural resources, I would point out that no country is likely to help Russia extract them. Well, perhaps China if they get sufficiently advantageous terms. You appear to be conflating Russia with the USSR. Some people still do this. I don't know why.

[@oldernu1250]

Only oligarchs with guns at their heads would buy default specials, backed by the full faith and credit of the Russian state.

[@SonicPhonic]

Putin is going to pull off a Saudi "clown prince" MbS and take all the oligarchs' money.

[@rogerjohnson8707]

Who else would purchase them? My thought exactly the same thing.

[@CAPSLOCKPUNDIT]

International investment is predicated on demand for the ruble, which is effectively a dead currency on the global market.

[@bobflatman278]

Comrade come here and check out the view for this window. Or would you like a glass of tea?😅

[@fredfred2363]

Dear Oligarchs, please invest all your money into Russian bonds today. Please, please, please with sugar on top...

[@KB-uu4fy]

Who in their right mind would trust the Russians to pay back a single, shall we say, Rubble 😂😂😂😂

[@benahaus]

You could end that sentence with a "." right after the word " Russians".

[@robbuelens]

Buying Russian bonds as a Westerner after the mass graves in Bucha, should get you shamed in the streets.

[@kingofmambo]

Should be prison for funding a terrorist organisation

[@ClearVista]

This millions dead in Iraq, Afghanistan and Lybia to name a few didn't stop others from buying ours

[@sylvaina.1211]

@@ClearVista correct but anyone investing is russia is an imbecile that will lose its money in the short term. USA is strong, Russia is weak. that's the point

[@davidhynes]

Russia's money is like Cuba's and Venezuela's, probably the DPRK will bail Russia out.

[@Michael45007]

​​@@ClearVista Millions? Not even close! 🤣😂🤣😂🤣

[@sqweege6432]

Well done Joe. You must have hit the nail on the head on this one. Bots/Trolls out in force trying to defend a sinking ship😂 This is for all the bots/trolls. You better get a bigger bucket🤷🏼‍♂️😂😂😂

[@PaulM745]

😂😂😂👍 my observation also.

[@hielkovisser4753]

there is something else than interest alone, that is reliability, they will pay nothing back

[@Kingcarparpeggio]

Who on earth would buy bonds from Russia 🇷🇺 knowing the country’s going down the toilet 🚽????

[@gerryhouska2859]

A looted toilet at that!

[@MrMakabar]

Russians

[@velisvideos6208]

A good video. One remark: there is no way inflation is 9% as the Central Bank policy rate is 19%. More likely inflation is above 15% and accelerating. Remember, Russians lie, and if you lie it's pointless to lie a little. So, take the official 9%, double it, and there is the real inflation...

[@MarkRider]

Food price inflation in Russia is what is interesting. The increasing cost of a loaf of bread or bag of potatoes cannot be hidden.

[@michaelwilson309]

Not all Russians lie but the Kremlin lies so completely, so absolutely, that whatever they say is more than likely to be the absolute opposite of the truth. They don’t even bother to tie their lies to partial truths. 🫣

[@JohnMackenzieInverness]

Yep at the least

[@cahdoge]

I'd argue, 19% yield (for a five year bond) at an Inflation rate of 9% year over year is not that high. You'd get an effective yield of ~9.2% wich is not good for a high risk Investment.

[@protorhinocerator142]

If inflation is at 19% and they give you a 15% return on investment, you're still losing 4%.

[@cocobue]

Finally, a common sense explanation on why the Russian economy may take a dive ... a possible way to end war!!! Thank you, Joe!

[@ClearVista]

Russias economy is doing far better than the UKs

[@d.a.t.7723]

I have toilet paper more expensive than a bag 💰 of rubles!

[@Anton-ji4td]

Andrex ?

[@glennwhitlock1272]

Andrekski

[@geofo60]

They'll soon need a wheelbarrow of rubbles to buy a loaf of bread .

[@gagaxueguzheng]

​@@geofo60 And the baker barters the wheelbarrel for the loaf of bread and throws the money out.

[@rayeverett8501]

Just one 💩, i mean sheet

[@Kong_WR]

Jokes on you if you bought em.

[@anomymouse5043]

Nelson from the Simpsons: "Ha Ha!!"

[@charlysantamaria8646]

Brilliant news and analysis, thanks for sharing much appreciated 👍

[@lornewazny7152]

Not all the people in Russia are enjoying 'higher salaries'....Pensioners make up a third of the Russian population and they have experienced increased costs for prescriptions, utilities, and food. Most Russian pensioners get only 12,000 to 20,000 rubles a month or $130 to $250 a month. Pensions have gone up modestly but not enough to address the declining standard of living.

[@GTARC-2023]

Maybe Russia should have invested in 'Truth Social'...oh wait.

[@maxhugen]

😝👍

[@jamesbrownlow5260]

Maybe they did

[@a.brekkan4965]

Russia have Telegram. It is very popular and know for being more libertarian than the Western counterparts. But then the Russian boss was arrested and detained in range. And now they have conceded to cooperate with Western states and give up information on users.

[@XennialTV]

The fact that some are still buying any whatsoever is baffling to me.

[@Iamkcs2c]

It is like "pot odds" in poker. Maybe you only have a 5% chance of winning, but if it will pay 30x(and you can afford it) -> make the bet

[@velisvideos6208]

Somebody from the Kremlin made a few phone calls to all the major banks: "This is your window of opportunity to avoid another kind of a window. Buy government bonds."

[@patrickjeffers7864]

Like other posters, I'm surprised they still had buyers up to this point

[@slawomirozdoba4605]

Probably some KGB agents "convinced" a few oligarchs to purchase these bonds.

[@angela-qh8gl]

Nah…. That’s just russia cooking the books.

[@donaldbenoit7420]

Russia will stiff it's citizens! It will never pay out these bonds! This is just another way to support Russia's excessive spending in a war Russia will definately lose! The windows of opportunities have no daylight!

[@IcieMraz]

Thank you so much for this video but in these uncertain times it is more important than ever to have a solid understanding of how the government are still in charge of our wealth and manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[@fabiankilimani]

If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

[@AlonBayani]

you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

[@grumpyman-p3t]

That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional

[@AlonBayani]

Her name is “Selena-Nicole cefaloni can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@Dasilver-h3t]

I have googled her and she has impressive credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@MarkBush-en5cz]

Will Russian bonds be worthless after the oligarchs kill Poo-Tin?

[@Kyle-sr6jm]

A change in leadership would put faith back in the future of Russia, it will not cure the financial problem Putin has created.

[@vylbird8014]

Depends who takes over. Worst case for Russia would be a power struggle, and a succession of short-lived dictators.

[@TheRezro]

They already are worthless...

[@JohnMackenzieInverness]

Russians a bit of advice buy potatoes plant them and with luck you will have ten times at least next year when all around you goes bust, If it does not go bust at least you will have potatoes to sell Try selling useless bonds and you cant eat them .....well you can but they will not feed you for long

[@ragnarandersson2866]

Putin is collapsing...😊

[@sindento1942]

Most common title of a video on here, 76 in the last year with collapsing,collapsed or collapse in it .

[@ClearVista]

Hey, I've seen this one!

[@sqweege6432]

putin can hold out for another year or possibly two, but not much more. That’s if things stay as they currently are. But eventually the russian everything will fall apart.

[@sqweege6432]

@@StatetrooperBillyBill He’s giving us a report on various economic issues in Russia. And his going by the numbers given by the russian regime. What’s wrong with that?

[@Chetifs1095]

@@StatetrooperBillyBill Because it's a clickbait word. Would you click on a title that said 'slight setback...nothing to worry about'.?

[@danr1920]

If you're lucky, they will pay these bond of with future Rubles that are worth a "few pennies on the dollar". Most likely they will default and you get nothing. Anyone really think it's a wise investment?

[@davidangeron3365]

1998 Again!!! There are no major Banks for a Workout this time!!!

[@RatTerminator]

Who the hell would buy Russian bonds?! 🇺🇦💪🇺🇲

[@stevejohnson170]

Lift sanctions not only when Russia remove themselves from Ukraine… but also only once every brick is rebuilt and the ordnances are removed. Every day they are self harming.

[@joelturley4847]

Slava Ukraini 🇺🇦🇺🇦🇺🇦

[@Auto438]

ruble needs a few more 00 zeros on the value

[@offinthehaed]

You can't exchange rubles for USD....making it almost worthless.

[@melaniekleiman8444]

Like the simple explanations in that crisp accent. Highly regarded.

[@BH195829]

I’m in complete agreement with you, Joe, which raises the question why would anybody be concerned about their new currency deal the brick the bricks… that is a joke and no one is gonna shy away from the US dollar when you’ve got Russia in such a disaster

[@X35C]

Does anyone else remember when Poo10 wanted the ruble to be the official currency of BRICs? They'll break that U.S. dollar in no time. Oooops.

[@ClearVista]

The dollar has lost 25% of its value in 9 months.

[@grorme2554]

​@@ClearVistareally. Doesn't matter as the point made still valid and Ruble has no value outside the country.

[@Lorethe2nd]

@ClearVista Source?

[@mrjerzheel]

@@Lorethe2nd Look at the dollar v gold

[@JohnMackenzieInverness]

All according to plan err Yeah Right

[@davidangeron3365]

Sanctions/Embargos remove all Market Fundamentals for a Sovereign Bond. Therefore a Moody's/Fitch Rating is not possible. Plus, a 100% defeasance within 90 days - most Banks will want to sell in under 90 days - is imposible. Plus, any Bank will itself face Sanctions. It is probably Russian PENSION Funds buying to the Limit of their current capacity. Discussing Yield is Moot.

[@mikewoodman2872]

Hi Joe, whenever you quote russian gov't figures like inflation, every single time I think you need to qualify it in terms of "annual Inflation is quoted as X%, or at least that is according to official russian figures; in reality, it is likely much worse". As we know, russia lies every single time they open their mouth so I think it's highly problematic that you aren't mentioning this each time. Just a suggestion, thanks!

[@camo6344]

I think everyone knows the Russians are lying about their inflation rate if everything was going to plan Russia wouldn’t keep raising interest rates collapse coming

[@joaomarreiros4906]

Russian bounds, now cheaper than used toilet paper. Wet toilet paper I might add.

[@elwinprice667]

I really appreciate a financial Nerd!! Joe you really helped me understand the details that really matter 😎

[@quantumcomata105]

50% yield would be fair considering the sanctions on the rouble and the depletion of the national wealth fund. How does a 60% return sound?

[@AK-cr5pe]

Inevitable twist: the ruble drops another -50% in value (again) and my yield is completely gone🫨 "Haircuts? My hair is fine, thanks."

[@nickbarton3191]

If the yield is paid in rubles, terrible.

[@camo6344]

Very risky

[@bm8641]

The road to bankruptcy ...

[@theodorejay1046]

Ha who thinks they're getting their money back even at 19 percent 😁

[@danielmcinnes20]

Excellent! Thank you Joe!!! Slava Ukraine 🇺🇦!!!

[@IANNICHOLSON-u4x]

How MUCH LONGER can Russia go IF they stay on this COURSE ??

[@cinghialemannaro76]

I asked for a video and you delivered. Thanks!

[@witthyhumpleton3514]

I need to add a little bit of detail, economic news are interesting but bonds are generally issued by the government and bought with central bank money. This money issued by the central bank is different from money you usally get hold of as a private person, because western monetary systesms are all so called 2 tiered systems, with two kinds of money. One used for exchanges in the financial system, directly by the government, the central bank and government sanctioned banks, and one by the private economy. Bonds are always issued by the government and bid on by private banks, but these private banks are in turn chosen by the government, and only government sanctioned banks are allowed to buy these bonds, although they are then allowed to sell them to private investors later. Generally, the central bank could also buy up bonds directly, and some monetary systems do this as well. Point being, bonds will always be bought, if private banks do not buy them, they can lose their right to buy them in the first place, and the central bank can always step in to buy them keeping demand from those private banks steady. Essentially, issuing bonds is the act of printing new money, and that money is lent to the government by the central bank, sometimes via private banks. But the central bank is part of the state, meaning the government is lending itself the money, but because of how money and bookeeping works, when money exists there is always a debtor and a creditor. Hence why it's called borrowing, but it doesn't work like private borrowing at all. The Russian government can issue however many bonds it likes, and the central bank will always buy the bonds if necessary, unless the state ceases to exist that won't change.

[@cadmean-reader]

Finance and accounting, not always the most intuitive thing in the world

[@slashingbison2503]

Love the end video! We need so much more care and love in this world there is so much hate.

[@paulkearsley9509]

excellent

[@alexanderkonieczka2592]

lots of companies will issue bonds at 12-18% a year or so before they go bankrupt. the high rates are like bait for suckers.

[@vanillatgif]

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future.

[@ufuksenol2005]

It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days

[@PineHosting]

Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

[@BigNate82]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@grizbaseball]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@mfmcintyre]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@cart6069]

Good, easy to follow overview, thanks a lot. Look at the fundamentals- that’s great advice especially if those are so well explained 👍🏻

[@michaelhenault1444]

The inflation in the Chinese GDP is especially creative.😂😂😂😂

[@memirandawong]

To understand the war this material is a most definite prerequisite.

[@aceventuraaceventura2003]

Defaulting on debt, who would have ever guessed? Geez wiz...

[@dingbingbong]

The market share graph shows holdings, not purchases, so the situation is even worse than you describe. Investors were not only not buying, but were actually selling the Russian bonds they had bought previously.

[@Lufex_]

Bonds are worthless in a high inflation economy as inflation eats up a bond's potential return. Investors would rather park their money either out of Russia (Not in Ruble) or in real-estate assets as those will rise alongside with inflation (usually).

[@Luckydog557]

I marvel at how you can pump out well researched podcasts day after day. Thanks for all your efforts

[@elizabethstewart12]

Thanks for educating me about the complex interaction between starting wars and economic prosperity in Russia. Jobs, jobs, jobs! But the bomb factories' workers have gone to the front, where they're hiding from bombs, bombs, bombs!

[@SimonPeters-b4w]

“Hay Joe. Where Ya going with that Coffee in your hand? You’ve had that Much it should be coming out your ears. 😊 thanks mate

[@Nobleheart111]

Good.

[@elidas1008]

Such a great source of info! I hope I will learn a lot about economics. I've subscribed.

[@greglaroche1753]

This video should be called bonds for bombs. Thanks for the video.

[@annemcleod8505]

You are performing a very useful function, Joe: thank you so much!

[@jameslewis1605]

I'm thinking about issuing some bonds myself. Guess you can sell anything.

[@ME-jh2kf]

Since they have their own currency, they will never run out of cash - they can always print more. And if faced with the choice of running out of cash or prtinting more, they will print more. Every time. However, that would of course accelerate inflation even further, and probably get our of control. Which would lead to a scenario like Venezuela. But for imports (from wherever they still can import), they will need foreign currency, because nobody abroad accepts payments in rubles. The ruble is simply nor trusted, because the prospects are obviously bad. And foreign currency they can not print themself, but has to earn through exports. But exporting has become difficult due to sanctions. And importing will get very difficult once they run out of foreign currency reserves. Which throuugh increased scarcity of goods will increase inflation even further. Russia is staring into the abyss.

[@twoninetwosevenone]

Russia CAN'T print foreign currency ??? ... that's a new one on me ... they must be masters at that !!! And don't forget ,,, through Xi ,,, he has access to vast numbers of Chinese laundries through which he can ... well ... launder !!!

[@Carlos-im3hn]

Great background and information. Treasury and bond interest rates are a key risk measure; especially in collapsing economies.

[@paulnewsome6289]

Ahhh s..t! I thought it was "Russian Blondes Collapse!"

[@dparaska]

Thank you for your analysis and putting the effort into reporting it to us :-)

[@rdpackett]

Very interesting

[@Crcdyeworks]

Great explanation of the issue…..love your program

[@TheHoliday2012]

Its the chicken or the egg situation in a financial world.

[@SBSlade]

In this world of lies your fact based vloggs are like soothing music to my ears. Keep up the good work. I hope this project is working out for you economically... You certainly deserve for it to do so.... Bless

[@kaydesign]

Imagine trusting Putler’s Russia 😮

[@Olive_and_friends]

Thanks, Joe. I love your analysis

[@annaclarke7643]

I find it very difficult to believe that Russian workers, especially in certain sectors, are benefitting from Russia’s wartime economy. They might be getting an extra kopeck here and there but most of the profits are going into the pockets of the ‘usual suspects’.

[@lajoyalobos2009]

There's a lot of Russian bots saying they've never been paid more and therefore things are great. What they leave out is that things also cost more and their employers only increased wages in order to compete with military contract bonuses and the employers passed the expenses on to their customers. The war is the primary driving factor of Russian inflation.

[@wouterwurth5160]

Thank you for your clear explanations.

[@hackedbyBLAGH]

Jooooooooeeeeee Blogs!

[@joelmadison3534]

This is positive knowledge, thank you.

[@mspicer3262]

russian bonds? I think I'd rather go into trump's new crypto scheme...

[@richardcorbett8431]

Had my doubts but you have been right all along

[@timehaley]

Buying Russian bonds is about as much a good idea as buying Chinese bonds. Both can and have defaulted on bonds in the past.

[@theutterlypointlesschannel2909]

Bonds… Vladimir Bonds. Thanks Joe for keeping the news and commentary coming along. Interesting to see how the economic pressure is happening behind the scenes.

[@xpusostomos]

19% is great and all, but if inflation is 10%, you haven't really made 19%, so i don't see why headline bond rates are interesting for investors

[@monkemode8128]

9% is still high for bonds.

[@phoenix5054]

@@monkemode8128I was about to say this.

[@Travis_22]

Depends on how much they are worth.

[@Epaminondas371]

Most analysts estimate that Russian inflation is in the 20s%. The 9-10% comes from the Kremlin i.e. BS

[@dellseasandoval8187]

Love the animal videos at the end of each video. I look forward to that as well as everything you educate those who want to be educated on.

[@kmills3737]

Please, Russia, go broke and get out of Ukraine.

[@inno_3vion]

😢, sad. The fact you think that’s going to happen. Russian people and economy will rise

[@kmills3737]

@@inno_3vionpropaganda bots doing a lot of overtime today.

[@inno_3vion]

@@kmills3737 it seems the brainless sheep over here could talk, I’m shocked 😳

[@TC-tk9pm]

If we look at past videos on this channel it's basically the same: "Ruble collapsing". But here we are.

[@desmondgroves6998]

With Oil prices starting a period of decline Russia really is going to be in trouble.

[@dgthe3]

And keep in mind, a lot of oil facilities in russia are unable to run at 100% due to strikes from Ukraine.

[@crazylocha2515]

@JoeBlogs if you dig just a bit deeper at the foreign bond holders, look at maturity percentage of the remainder. Most are not renewing the capital even at the much higher rate. Not only is Moscow having to pay the remaining interest, they are also having to cough up the principal, and that is crushing their foreign cash holdings even further. So far, Moscow hasn't dipped into the foreign located gold reserves many of those bonds have required to be held overseas (Swiss for example) as the majority percentage collateral. Will be interesting to see how low those cash reserves get if foreign bond purchases remain as low or lower. Those sanctions are really kicking in now without the Russian ability to access liquidity, won't be much longer before a big crash. I don't think the winter fuel sales will do anything for their economy either.

[@suki4410]

2025: Russian Bonds become illegal, all over the world.

[@ClearVista]

I'm sure China will listen to you

[@rebeccawhite9395]

I think your analysis are always spot on. I can't help but also think where America and even all nations went wrong, economically. I read a book about a pioneer family in the Old West. They established a farm and detailed how they made their living. The only things they contracted outside of their own labor was the making of leather boots, wagon wheels and tinned goods (kitchenware). They provided all their own needs otherwise and they provided to others (for cash money), excess potato crops and old rags from their own woven clothes in exchange for tinned goods. They did everything else themselves, from making their own sugar and horse and cattle harnesses, to growing all their own food to weaving their own cloth and making their own clothes and making their own furniture and building their own house and even making their own soap. The wife and mother of the family was always extolling the freedom and financial independance of their family, eventhough everyone worked hard every day but Sunday, from sun up to sun down. Now people and nations are dependent upon economies and businesses, eventhough, they are often mismanaged and are fragile or lack loyalty to their employees. I think people would do well to regain their own independance and financial self-sufficiency and freedom, as much as they can, for the future is certain to require this of everyone, eventually. It can be accomplished to varying degrees and in varying ways...right now....right where people are... right now in their lives. Go to the library or used book sales and pick up books on various do-it-yourself topics and gain necessary head knowledge. KZbin videos contain alot of do-it-yourself knowledge too. Grow something yourself, either microgreens and herbs, in your windowsill or balconies, or full fledged gardens. Create pantries and storage areas within your home and fill them up. Save cash money, even if you have to start with coins first. Learn to depend on yourself, plan for tomorrow and store and stickpile. Become a producer of food and other things, make something you can sell or barter with. Get prepared, as no one knows what you may have to endure in the future. Take back your freedom and independence and guard it with your life!

[@nagyba]

The whole video could be summarized in a sentence, the Rusky government couldn’t sell enough government bonds as they expected.

[@r.dunkley9625]

Fantastic video, Joe. Very informative and well presented. Can you PLEASE do a video on what's happening in the Ukrainian economy and what effect Russia's invasion has had on it? I'm hearing things are costing a lot more in Ukraine but people's earnings are not increasing to keep up with the cost of living so people there are enduring a tough time financially. Can you please put together a video on it and show us the data? Please?

[@suki4410]

This is **the end of the ruble**.

[@Joaodocaminhao0234]

Thank you very very very much👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍