Russian Ruble Collapse is Damaging Russian Economy as Import Costs Raise Inflation & Interest Rates - Joe Blogs

[TexasTowelie]

In this video I look at the recent performance of the Russian Ruble against the US Dollar, Chinese Yuan, Indian Rupee & the Euro and discuss the implication of the COLLAPSE in value on the Russian Economy.

Chapters:
0:00 Intro
3:03 US DOLLAR
6:57 EURO
8:39 YUAN
9:54 INDIAN RUPEE
11:28 INFLATION
14:44 INTEREST RATES
16:02 SUMMARY & CONCLUSION

[mucifer]

1. There are bloggers saying one thing and

Reporters saying the opposite. I think the reporters have more information.

[flashman13]

2. I have no idea why you would think this.

Certainly some bloggers as well as reporters are better than others. But a significant number of bloggers approach topics with an academic approach whereby they study singular issues in great depth over a long period of time. They become thoroughly familiar with their subject. They analyze the numbers (if you don't talk numbers you are mostly talking opinion) over long periods and divine the meaning of long term trends. Most reporters (especially MSM types) work on a story for a couple of days under a fixed dead line. They don't have time to amass details and discern trends or background. They write their article and then move on to the next story. Their articles tend to be superficial and very often reflect group think. In short, in depth information is available to everyone, but it takes time and effort to find and process the data. As MSM continues to cut staff the number of reporters that have the time and incentive to become fluent in specific topics declines.