RUSSIA Regresses

If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs   / joeblogsyt   YouTube Membership -N    / @joeblogs   YouTube Super Thanks (click below) Russia is going backwards. For decades, successful economies have become richer by moving up the value chain—processing raw materials, building industries and exporting higher-value products. Russia appears to be moving in the opposite direction. In this video, we examine how refinery outages, fuel shortages and record crude oil exports are forcing Russia to sell more raw oil while importing refined fuel. Instead of creating value at home, more of the profits, jobs and industrial activity are now being generated elsewhere. We'll look at why petrol shortages are spreading, why motorists are queuing at filling stations, why demand for electric vehicles is rising, and what these developments reveal about the wider direction of the Russian economy. This isn't just another story about oil. It's a story about industrial decline, shrinking value creation and an economy that appears to be regressing. Is this the beginning of a long-term structural shift, or can Russia reverse the trend? Let me know your thoughts in the comments below. #russia #ruble #russianeconomy #donaldtrump #globalrecession #russianoil #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR310