Russia Shows Their Desperation with T-54/55 Tanks
Video Summary
The US Federal Reserve has raised interest rates by 25 basis points to combat inflation and break Russia’s economy. Western central banks are also aggressively raising rates, aiming to reduce Russia’s economy. The Federal Reserve’s effective rate affects bank prime loan rates, making it more expensive to borrow money, particularly for housing and real estate. This could lead to a contraction in the money supply, causing bank failures and economic instability. Russia, on the other hand, is experiencing a liquidity crunch due to the contraction in the money supply. The country’s economy is not prepared for a global catastrophe or recession, and its access to international bond markets is limited. Russia is also facing challenges in Ukraine, with its military deploying antique tanks from the 1940s and offering financial incentives to soldiers. The international criminal court has issued an arrest warrant for Putin, and Russia is introducing benefits for children wounded in Ukraine.
View this Ukraine War Video at Youtube
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