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TexasTowelie

(120,831 posts)
Fri Oct 4, 2024, 05:57 PM Oct 2024

Russian Payment Collapse - Joe Blogs



In this video I discuss the recent announcement that Russia has struck a trade deal with Pakistan under which it will be paid in POTATOES, ORANGES & RICE. This deal has been agreed due to the ongoing payment problems that Russia is experiencing as a result of the Financial Sanctions. The payment problems are now causing major problems for Russia and are having a huge impact on the Russian Economy.

Chapters:
0:00 Intro
3:10 BARTER TRADE
8:12 WHY?
13:24 RUBLE
15:31 BRICS
19:32 SUMMARY & CONCLUSION
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Russian Payment Collapse - Joe Blogs (Original Post) TexasTowelie Oct 2024 OP
Money is easily fungible. Produce is not and expires. Produce requires money to distribute. That dilutes its value. keithbvadu2 Oct 2024 #1

keithbvadu2

(40,915 posts)
1. Money is easily fungible. Produce is not and expires. Produce requires money to distribute. That dilutes its value.
Fri Oct 4, 2024, 06:17 PM
Oct 2024

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