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Russian Income Collapses as Russia Declares Dramatic Fall in Oil & Gas Revenues & Higher Deficit- JB
RUSSIA's Economy has started to COLLAPSE as the impact of the Sanctions hit home. Russia's OIL & GAS Revenue is down 69% in the first 8 months of 2023 compared with the revenue Russia was earning prior to the invasion of Ukraine. In addition to this huge reduction in income Expenditure has increased by more than 32%, due to the investment in the War, which means that the Russian Economy is now incurring massive LOSSES. In this video I provide more details of the figures and discuss the problems that Russia is now facing.
Chapters:
0:00 Intro
3:48 RUSSIAN DATA
7:39 OIL & GAS REVENUE
11:10 NON OIL & GAS INCOME
13:24 TOTAL REVENUE
15:29 EXPENDITURE
16:21 NET DEFICIT
19:30 SUMMARY & CONCLUSION