The Ruble Tumbles: How Much Further Will It Fall?

The video discusses the rapid depreciation of the ruble due to falling oil prices and geopolitical tensions. It highlights Russia's economic challenges, including inflation and capital outflows, and the limited impact of the Eurasian Economic Pact. The discussion also covers the influence of geopolitics on economic policies, the role of sanctions, and the potential risks and opportunities for investors in Russian debt. The geopolitical dynamics involving Russia, Ukraine, and Belarus are explored, emphasizing the broader implications for emerging markets.

What has been a significant factor in the ruble's devaluation?

• Increase in foreign investments

• Rise in global oil prices

• Falling oil prices

• Strengthening of the US dollar

What is a major challenge for Russia in stabilizing its economy?

• Inflation and capital outflows

• Political instability

• High employment rates

• Lack of natural resources

What is the Eurasian Economic Pact expected to do for Russia?

• Strengthen its political alliances

• Enhance economic growth through Asian markets

• Reduce its dependency on oil

• Increase its military power

Who are the siloviki in the context of Russian politics?

• Economists advising Putin

• Military leaders with personal interests

• Opposition political leaders

• Foreign diplomats

What is a current issue within the Eurasian Union?

• Trade wars between member countries

• Political unity among members

• Lack of natural resources

• Over-reliance on Western economies

What is a concern for countries like Belarus regarding Russia?

• Economic sanctions from the EU

• Potential military intervention

• Decrease in trade with Asia

• Loss of cultural identity

What misconception does the Kremlin promote about Ukraine's alignment?

• Ukraine must choose between the EU and Eurasia

• Ukraine can only join NATO

• Ukraine is economically dependent on Russia

• Ukraine has no interest in the EU