RUSSIA - SABOTAGE of Global Economy. 10 Reasons Why WAR Will Cause a GLOBAL RECESSION. 68,140 views / Mar 30, 2022
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In this video I discuss the impact of the Russian invasion of Ukraine on the GLOBAL ECONOMY. The impact of the Sanctions introduced against Russia has been Dramatic Rises in the PRICE of OIL, NATURAL GAS, FOOD & MINERALS. INFLATION is currently at Record Highs in numerous countries around the world and in order to bring prices down Central Banks have started introducing INTEREST RATE RISES. The GLOBAL ECONOMY has not recovered from the PANDEMIC and is carrying RECORD DEBT LEVELS. Higher Interest Rates will increase the COST OF DEBT and put more pressure on Consumer and Companies and could result in a GLOBAL RECESSION.
For specific details please check out the CHAPTER list below.
Chapters: 0:00 Intro 1:32 SANCTIONS 4:40 OIL 11:49 NATURAL GAS 16:11 FOOD 19:37 METALS 21:32 COMPANY SANCTIONS 23:53 INFLATION 25:43 INTEREST RATES 27:41 DEBT 29:22 CHINA 31:09 SUMMARY & CONCLUSION 35:12 SPECIAL MESSAGE