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Russian Payments Disaster as Chinese Banks Refuse Payments & Russia Forced to use Crypto & Barter - Joe Blogs
The USA has ramped up the POLICING of the sanctions against Russia and this has resulted in significant Payment Problems for Russia. The new Sanctions have resulted in serious delays and payments being stopped altogether for payments to Russia for Exports and also for Russian Payments to countries that it is Importing from. In this video I provide more details of the current situation, discuss the problems that Russia is now facing and the impact on the Russian Economy.
Chapters:
0:00 Intro
3:51 CHINESE TRADE
7:08 RELATIVE IMPORTANCE
9:39 PAYMENT SANCTIONS
10:33 SPECIALLY AUTHORISED BANKS
13:05 CRYPTO PAYMENTS
15:42 CRYPTO ACTIVITY
18:53 CRYPTO CRACKDOWN
22:24 SUMMARY & CONCLUSION