State of Russian Economy: CentralBank Rings Alarm. China Stabs in the Back, yet Again. Milov & Nacke

Putin's Central Bank has already raised the rate to 19%! A little more, and it will approach the values at the beginning of Russia's full-scale invasion of Ukraine.

Why is this happening? HEad of Central Bank Elvira Nabiullina explains that everything is bad in general: the labor shortage is growing, inflation is growing, and production is at capacity. Honestly, Nabiullina's speeches are the most oppositional content about the Russian economy today.

In general, the situation is quite hopeless. At this rate, by the middle of next year, Russia will not be able to meet its own financial needs.
The situation is worsened by falling oil prices, which, judging by everything, do not plan to stop falling.

This and much more in the latest economic report with Vladimir Milov!

YouTube channel of Vladimir Milov: @Vladimir_Milov

English translation by PrivateerStation

Original video in Russian: https://youtu.be/RPdGgRO7fdw

Original material by: Michael Nacke
You can support them 💰@ /macknack

--------------------------------------------------
Privateer Station on Spreaker: https://www.spreaker.com/show/privateer-station-war-in-ukraine
PS on Rumble: https://rumble.com/c/c-1582435
PS on YouTube: https://www.youtube.com/c/privateerstation
PS on iHeartRadio: https://www.iheart.com/podcast/53-privateer-station-war-in-uk-101486106/
PS on Spotify: https://open.spotify.com/show/5iEdf0Jyw1Y3kN04k8rPib
PS on ApplePodcasts: https://podcasts.apple.com/us/podcast/privateer-station-war-in-ukraine/id1648603352
PS on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNTY0NzQzOS9lcGlzb2Rlcy9mZWVk
PS on PadcastAddict: https://podcastaddict.com/podcast/4079993
PS on PodChaser: https://www.podchaser.com/podcasts/privateer-station-war-in-ukrai-4860097
PS on Deezer: https://www.deezer.com/us/show/4546617
PS on Castbox: https://castbox.fm/channel/id5162050

If you like what we do and would like to support our channel, consider becoming a member:
https://www.youtube.com/channel/UCT3qCbfcPbnph7QS3CPBTMQ/join