RUSSIAN Ruble is Dead as a Global Currency as Russia Uses YUAN for Trade & Russian Company Debt

Please Support The Channel: YouTube Membership - YouTube Super Thanks (click below) Following the invasion of Ukraine President Putin announced that all Unfriendly nations had to pay Russia in Rubles. The reason behind this was to establish the Ruble as a Major Currency to rival the US Dollar. However over the past 2 years that has not happened and Russia is now dealing in the Yuan for the majority of its trade. In this video I provide more details of what has happened to the Ruble, why the Yuan has benefitted and discuss the problems that Russia and the Ruble are now facing. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 2:57 GLOBAL CURRENCIES 7:58 TRADE WITH CHINA 11:20 YUAN DEBT 14:55 EXCHANGE RATES 16:31 SUMMARY & CONCLUSION #russia #ruble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3