RUSSIAN Exports Collapse
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20:26

RUSSIAN Exports Collapse

Video Summary Russia’s economy is facing severe challenges due to its increasing reliance on China, following the invasion of Ukraine and subsequent Western sanctions. Russia is now entirely dependent on China for a large portion of its exports and imports. In July, China reduced oil imports from Russia by 7.4%, and the trend could continue […]
CHINA’s $9 Trillion Debt Disaster
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21:05

CHINA’s $9 Trillion Debt Disaster

Video Summary As of 2023, China’s local governments have accumulated a staggering $9 trillion debt, equivalent to more than half of the country’s GDP. This massive debt was built up over the past 30 years, primarily through local government financing vehicles (LGFVs), which were established in 1994 to empower local authorities to raise debt and […]
RUSSIAN Ruble Collapse Accelerates
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22:39

RUSSIAN Ruble Collapse Accelerates

Video Summary The value of the Russian Ruble has been declining rapidly over the past 2.5 years, causing significant problems for the Russian economy. The Russian Central Bank has been buying rubles to keep the value up, but it has now run out of cash due to increased sanctions and decreased exports. As a result, […]