Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?
@JoeBlogs . Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?
@@bjornstahle4652 Based on inflation the USA helped Russia with 200 billion in todays money during WW2 and whats funny all USA allies had to pay back the money but nothing from Russia
Doesn't matter how high the interest rate is if the real inflation is higher than that. It's still better to spend (turn into physical goods) now than hold.
Heres a little history factoid for comment section; On the morning of November 9th, 1989. Western journalists in East Berlin asked activists what they were hope to accomplish. They gave an articulate, real world honest answer. "Well, we hope in 6 months or year or so, we can visit our friends and family in west. 12 hours later, The Berlin Wall was laying on the ground. Thats how fast a systems collapse happens. And no one seen it coming. No one. Just like how all the analysts were completely wrong about the Ukrainians resolve to resist. "We are not going back" period.
If they protested by the millions they could have the democracy they crave. It's in their grasp. See: Ukraine, Romania, Yugoslavia, Chile, Haiti, Tunisia, etc. It's only impossible if you think it is. It takes getting rid of their fear. A dictator cannot imprison an entire society if they are no longer afraid. They must step over their fear. Your numbers are your superpower over him. Gene Sharp is a notable author on this subject with a blueprint on how to convert dictatorships to democracy using nonviolent struggle.
Well, the precise moment is nearly impossible to predict, but the lead up is generally quite easy to spot. The protests and increased illegal border crossings started in the summer of 89. Eastgermany was in a bad way economically, coupled with the rethinking of the Brezhnev doctrine, made the protests bolder and more vocal. "Man on the street" interviews are generally not anyone you should listen to for geopolitical analysis. Further, it was actually because of Günter Schabowski misspoke at a press conference when he announced that effective immediately, East Germans would be free to visit the West. This was incorrect, but the confusion led to the break-down of the wall.
It's easy to claim in hindsight. The reality was that nobody knew if or when it would fall. For 20 years the hope were 6 months or a year or so. It's a self-fulfilling prophecy that will become true at some point i time.
I would not loan my money to Russia at 100% interest. There is a good chance that they will just decide that the bond has expired and not pay anything back. They change the rules to fit themselves every day.
Chances are, if you're a Russian with money to invest and if you don't buy Putler's bonds, some helpful person is going to suggest to you that unless you do, you might trip and fall out the nearest 3rd story window, or polonium might contaminate your tea cup, or novichok might accidentally end up in your underwear. These people don't Eff around.
In June 2014 before the Invasion of Crimea the Russian Ruble was 33 Rubles to 1 US Dollar ... Today the Russian Ruble is 93 Rubles to 1 US Dollar Looks like Something Collapsed but it was Not the US Dollar 😀😀 Some Russian Banks are Charging 200 Rubles for .. ONE US Dollar The Russian RUBLE has Collapsed Against All Major Currencies ... " Everything According to Plan "
Curious about the actual ruble to RMB trend. It looks like the ruble is currently at a YTD low. Outside of Russia no one seems to want the ruble, including their main trading partner China. Even inside Russia I'm sure individuals (and businesses) would love to have their investments/savings in another currency, but the laws passed since the invasion makes it difficult.
Does that meN the 1,450billion rumbles Putin baby has stolen from the Russian people has devalued...well actually no...why, because he switched most of it to US $ and it’s sitting in a Swiss bank! I bet the Russian people love his warm hearted ness towards them 😂😂😂😂
1998: Yeltsin swears to God that russia would not default on its sovereign debt. Mere couple of weeks later russia defaults on its debt. Those who do not learn history are doomed to repeat it.
A good video. One remark: there is no way inflation is 9% as the Central Bank policy rate is 19%. More likely inflation is above 15% and accelerating. Remember, Russians lie, and if you lie it's pointless to lie a little. So, take the official 9%, double it, and there is the real inflation...
Not all Russians lie but the Kremlin lies so completely, so absolutely, that whatever they say is more than likely to be the absolute opposite of the truth. They don’t even bother to tie their lies to partial truths. 🫣
I'd argue, 19% yield (for a five year bond) at an Inflation rate of 9% year over year is not that high. You'd get an effective yield of ~9.2% wich is not good for a high risk Investment.
putin can hold out for another year or possibly two, but not much more. That’s if things stay as they currently are. But eventually the russian everything will fall apart.
@@StatetrooperBillyBill He’s giving us a report on various economic issues in Russia. And his going by the numbers given by the russian regime. What’s wrong with that?
@@ClearVista correct but anyone investing is russia is an imbecile that will lose its money in the short term. USA is strong, Russia is weak. that's the point
@Haffschlappe Russia isn't even in the top tier of rich countries. It is normally a middling size economy. However, Putin's war has reduced Russia almost to penury.. Even after the war ends Russia will flounder. No country is going to rush to Russia's aid. Between lack of inward investment, failure to gain back customers for gas and oil, and collapse of businesses unable to switch from the current war economy, Russia's future prosperity is doubtful. If you are only referring to the natural resources, I would point out that no country is likely to help Russia extract them. Well, perhaps China if they get sufficiently advantageous terms. You appear to be conflating Russia with the USSR. Some people still do this. I don't know why.
Sanctions/Embargos remove all Market Fundamentals for a Sovereign Bond. Therefore a Moody's/Fitch Rating is not possible. Plus, a 100% defeasance within 90 days - most Banks will want to sell in under 90 days - is imposible. Plus, any Bank will itself face Sanctions. It is probably Russian PENSION Funds buying to the Limit of their current capacity. Discussing Yield is Moot.
Hi Joe, whenever you quote russian gov't figures like inflation, every single time I think you need to qualify it in terms of "annual Inflation is quoted as X%, or at least that is according to official russian figures; in reality, it is likely much worse". As we know, russia lies every single time they open their mouth so I think it's highly problematic that you aren't mentioning this each time. Just a suggestion, thanks!
I think everyone knows the Russians are lying about their inflation rate if everything was going to plan Russia wouldn’t keep raising interest rates collapse coming
Well done Joe. You must have hit the nail on the head on this one. Bots/Trolls out in force trying to defend a sinking ship😂 This is for all the bots/trolls. You better get a bigger bucket🤷🏼♂️😂😂😂
Somebody from the Kremlin made a few phone calls to all the major banks: "This is your window of opportunity to avoid another kind of a window. Buy government bonds."
Russians a bit of advice buy potatoes plant them and with luck you will have ten times at least next year when all around you goes bust, If it does not go bust at least you will have potatoes to sell Try selling useless bonds and you cant eat them .....well you can but they will not feed you for long
Lift sanctions not only when Russia remove themselves from Ukraine… but also only once every brick is rebuilt and the ordnances are removed. Every day they are self harming.
Not all the people in Russia are enjoying 'higher salaries'....Pensioners make up a third of the Russian population and they have experienced increased costs for prescriptions, utilities, and food. Most Russian pensioners get only 12,000 to 20,000 rubles a month or $130 to $250 a month. Pensions have gone up modestly but not enough to address the declining standard of living.
I’m in complete agreement with you, Joe, which raises the question why would anybody be concerned about their new currency deal the brick the bricks… that is a joke and no one is gonna shy away from the US dollar when you’ve got Russia in such a disaster
Bonds are worthless in a high inflation economy as inflation eats up a bond's potential return. Investors would rather park their money either out of Russia (Not in Ruble) or in real-estate assets as those will rise alongside with inflation (usually).
If you're lucky, they will pay these bond of with future Rubles that are worth a "few pennies on the dollar". Most likely they will default and you get nothing. Anyone really think it's a wise investment?
The market share graph shows holdings, not purchases, so the situation is even worse than you describe. Investors were not only not buying, but were actually selling the Russian bonds they had bought previously.
@ClearVista I understand Trump moneyed around with the Federal Reserve market causing decreases in rates. I understand that everything Trump touched turned into sh--.
Thanks for educating me about the complex interaction between starting wars and economic prosperity in Russia. Jobs, jobs, jobs! But the bomb factories' workers have gone to the front, where they're hiding from bombs, bombs, bombs!
Long Term Capital Management with 2 Nobel Prize economists on its board when bankrupted in 1998 when their bet on the Russian bonds collapsed. The US government had to step in to prevent a global meltdown from the fiasco.
Russia will stiff it's citizens! It will never pay out these bonds! This is just another way to support Russia's excessive spending in a war Russia will definately lose! The windows of opportunities have no daylight!
I fear the Russian bondholders will be sent to the frontline in Ukraine when it’s time for the Russian government to pay back their money to whoever bought them!!
That’s like 10 roubles…what are you going to do with 15 roubles…sorry, that’s now 20 roubles…you can’t even buy a cup of coffee with those 30 roubles you have if I gave you a dime…
They were already selling lower than the regular price. Another discount means no profit. And they counted on paying the yields on the bonds with the sales of new bonds, which isn't happenin.
They get the money if you buy directly from them. If you buy from previous investors, you are giving your money to the investors. You need to learn to buy the dip if you want another Lamborghini.
Hey joe you have been telling everything about Russia and China, why not other NATO member countries? Is it in the worst possible situation that it cannot be revealed?
5 часов назад
You can look up all this info about NATO countries. The whole world is struggling but China and Russia are really doing bad rn
Get 4 months extra on a 2 year plan here: nordvpn.com/joeblogs. It’s risk free with Nord’s 30 day money-back guarantee!
Crimea is Ukraine, not "previously of Ukraine" 11:14
@sergeykish Ukrainians are dying. Is this the argument you want to make?
@@derekbootle8316 Na zi Moscow kills Ukrainians since 2014, kills on occupied territories, claims Ukrainian nation and language would be liquidated
Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?
@JoeBlogs . Joe we do not understand how you could say that Russia runs out of money when Russia prints it's own money and could always print it's own money in as much quantity as it want and since is a dictatorship, could always set prices as it desire to be so that the farmers could not ask higher prices for what they sell while the government prints as much money as it desires. Can you explain ?
Imagine trusting the Russian government to pay you back after even 5 years! 🤣
well said…
actually, you should not trust russian government pay you back even after 50 years
...they don't even pay their soldiers. They have to buy their own gear but are given a rosary from Putin's KGB guy in the Russian Orthodox church.
@@dmitryk2058 They still owe the USA money from WWII.
You'd probably have to go and collect it in person, signing a little slip of paper and suddenly finding yourself on the front line.
@@bjornstahle4652 Based on inflation the USA helped Russia with 200 billion in todays money during WW2 and whats funny all USA allies had to pay back the money but nothing from Russia
My name is Bond, Collapsed Bond.
Bond, Junk Bond
007%? No, 017% and rising.
😂😂😂😂
007. Licensed to default on payment.
😂
A high yield on nothing is still nothing
Doesn't matter how high the interest rate is if the real inflation is higher than that. It's still better to spend (turn into physical goods) now than hold.
Nothing from nothing leaves nothing ... .
😂😂😂😂
Multiplying/dividing by zero is generally not advised...
Heres a little history factoid for comment section; On the morning of November 9th, 1989. Western journalists in East Berlin asked activists what they were hope to accomplish. They gave an articulate, real world honest answer. "Well, we hope in 6 months or year or so, we can visit our friends and family in west. 12 hours later, The Berlin Wall was laying on the ground. Thats how fast a systems collapse happens. And no one seen it coming. No one. Just like how all the analysts were completely wrong about the Ukrainians resolve to resist. "We are not going back" period.
If they protested by the millions they could have the democracy they crave. It's in their grasp. See: Ukraine, Romania, Yugoslavia, Chile, Haiti, Tunisia, etc. It's only impossible if you think it is. It takes getting rid of their fear. A dictator cannot imprison an entire society if they are no longer afraid. They must step over their fear. Your numbers are your superpower over him. Gene Sharp is a notable author on this subject with a blueprint on how to convert dictatorships to democracy using nonviolent struggle.
Well, the precise moment is nearly impossible to predict, but the lead up is generally quite easy to spot. The protests and increased illegal border crossings started in the summer of 89. Eastgermany was in a bad way economically, coupled with the rethinking of the Brezhnev doctrine, made the protests bolder and more vocal. "Man on the street" interviews are generally not anyone you should listen to for geopolitical analysis. Further, it was actually because of Günter Schabowski misspoke at a press conference when he announced that effective immediately, East Germans would be free to visit the West. This was incorrect, but the confusion led to the break-down of the wall.
@@OscarSommerbo A situation waiting for an accident?
I remember well the press coverage the fall of the iron curtain. I remember "tear down this wall"
It's easy to claim in hindsight. The reality was that nobody knew if or when it would fall. For 20 years the hope were 6 months or a year or so. It's a self-fulfilling prophecy that will become true at some point i time.
I would not loan my money to Russia at 100% interest. There is a good chance that they will just decide that the bond has expired and not pay anything back. They change the rules to fit themselves every day.
oh, i doubt that. but what is the interest rate of 19% worth after 5 years when the rubel lost 90% of it's value?
Don't trust Russia on anything
I wouldn't buy Russian bonds on principle but that's maybe why I'm not rich 😇
Just like our Democrats😂
Chances are, if you're a Russian with money to invest and if you don't buy Putler's bonds, some helpful person is going to suggest to you that unless you do, you might trip and fall out the nearest 3rd story window, or polonium might contaminate your tea cup, or novichok might accidentally end up in your underwear.
These people don't Eff around.
In June 2014 before the Invasion of Crimea the Russian Ruble was 33 Rubles to 1 US Dollar ... Today the Russian Ruble is 93 Rubles to 1 US Dollar Looks like Something Collapsed but it was Not the US Dollar 😀😀 Some Russian Banks are Charging 200 Rubles for .. ONE US Dollar The Russian RUBLE has Collapsed Against All Major Currencies ... " Everything According to Plan "
The rouble is 250-300 to the dollar inside Russia. It is not traded overseas so the official rate is meaningless.
@@bruce4947well said
its not a fiat currency at this point
just russian paper that its worh less than the nominal value printed on it
Curious about the actual ruble to RMB trend. It looks like the ruble is currently at a YTD low. Outside of Russia no one seems to want the ruble, including their main trading partner China. Even inside Russia I'm sure individuals (and businesses) would love to have their investments/savings in another currency, but the laws passed since the invasion makes it difficult.
Does that meN the 1,450billion rumbles Putin baby has stolen from the Russian people has devalued...well actually no...why, because he switched most of it to US $ and it’s sitting in a Swiss bank! I bet the Russian people love his warm hearted ness towards them 😂😂😂😂
... could be a Chinese plan too 🤔
Imagine owning a Russian bond. A promise to pay debt from a country whose currency is worth less than monopoly money.
1998: Yeltsin swears to God that russia would not default on its sovereign debt. Mere couple of weeks later russia defaults on its debt. Those who do not learn history are doomed to repeat it.
I have family members who possess some old CSA bonds dating from the US Civil War. They make interesting office wall decorations
@@pcopeland15of course you do, comments like this are why no one likes you
@@pcopeland15 I own a few USSR domestic bonds. Funny enough they are worth more as collectibles than as securities guaranteed by a commie state.
@@pcopeland15 They are worth more than roubles!?!
Jokes on you if you bought em.
A good video. One remark: there is no way inflation is 9% as the Central Bank policy rate is 19%. More likely inflation is above 15% and accelerating. Remember, Russians lie, and if you lie it's pointless to lie a little. So, take the official 9%, double it, and there is the real inflation...
Food price inflation in Russia is what is interesting. The increasing cost of a loaf of bread or bag of potatoes cannot be hidden.
Not all Russians lie but the Kremlin lies so completely, so absolutely, that whatever they say is more than likely to be the absolute opposite of the truth. They don’t even bother to tie their lies to partial truths. 🫣
Yep at the least
I'd argue, 19% yield (for a five year bond) at an Inflation rate of 9% year over year is not that high. You'd get an effective yield of ~9.2% wich is not good for a high risk Investment.
Only oligarchs with guns at their heads would buy default specials, backed by the full faith and credit of the Russian state.
Putin is going to pull off a Saudi "clown prince" MbS and take all the oligarchs' money.
Who else would purchase them? My thought exactly the same thing.
International investment is predicated on demand for the ruble, which is effectively a dead currency on the global market.
Comrade come here and check out the view for this window. Or would you like a glass of tea?😅
Dear Oligarchs, please invest all your money into Russian bonds today. Please, please, please with sugar on top...
I have toilet paper more expensive than a bag 💰 of rubles!
Andrex ?
Andrekski
They'll soon need a wheelbarrow of rubbles to buy a loaf of bread .
@@geofo60 And the baker barters the wheelbarrel for the loaf of bread and throws the money out.
Just one 💩, i mean sheet
Who in their right mind would trust the Russians to pay back a single, shall we say, Rubble 😂😂😂😂
Putin is collapsing...😊
Most common title of a video on here, 76 in the last year with collapsing,collapsed or collapse in it .
Hey, I've seen this one!
putin can hold out for another year or possibly two, but not much more. That’s if things stay as they currently are. But eventually the russian everything will fall apart.
why is this man obsessed with the word collapse?
nothing really collapsed
@@StatetrooperBillyBill He’s giving us a report on various economic issues in Russia. And his going by the numbers given by the russian regime. What’s wrong with that?
Who would invest in a country that, with one swipe of a pen, nationalised every foreign business within that country with no compensation paid out.
You said it.
Trump…..😁
Oh there was compensation paid out. Only thing is it was probably only paid out to like 200 people.
there is something else than interest alone, that is reliability, they will pay nothing back
Financial firms should be held to the same level as manufacturing firms ... NO investment in Russia!!
Russia actually bankrupted two years ago. It is they internal bound market collapse.
Buying Russian bonds as a Westerner after the mass graves in Bucha, should get you shamed in the streets.
Should be prison for funding a terrorist organisation
This millions dead in Iraq, Afghanistan and Lybia to name a few didn't stop others from buying ours
@@ClearVista correct but anyone investing is russia is an imbecile that will lose its money in the short term. USA is strong, Russia is weak. that's the point
Russia's money is like Cuba's and Venezuela's, probably the DPRK will bail Russia out.
@@ClearVista
Millions? Not even close! 🤣😂🤣😂🤣
I‘m surprised they still able to sell any bonds
Still needed for state pensions and financial plumbing of wider system.
Investors will buy ANY bond if the interest rate is high enough to justify taking on the risk.
Russia is the richest country in the world!!!
@@Haffschlappe Rich in sorrow and suffering.
@Haffschlappe
Russia isn't even in the top tier of rich countries.
It is normally a middling size economy. However, Putin's war has reduced Russia almost to penury.. Even after the war ends Russia will flounder. No country is going to rush to Russia's aid.
Between lack of inward investment, failure to gain back customers for gas and oil, and collapse of businesses unable to switch from the current war economy, Russia's future prosperity is doubtful.
If you are only referring to the natural resources, I would point out that no country is likely to help Russia extract them. Well, perhaps China if they get sufficiently advantageous terms.
You appear to be conflating Russia with the USSR. Some people still do this. I don't know why.
ruble needs a few more 00 zeros on the value
Like other posters, I'm surprised they still had buyers up to this point
Probably some KGB agents "convinced" a few oligarchs to purchase these bonds.
Nah…. That’s just russia cooking the books.
Sanctions/Embargos remove all Market Fundamentals for a Sovereign Bond. Therefore a Moody's/Fitch Rating is not possible. Plus, a 100% defeasance within 90 days - most Banks will want to sell in under 90 days - is imposible. Plus, any Bank will itself face Sanctions. It is probably Russian PENSION Funds buying to the Limit of their current capacity. Discussing Yield is Moot.
Will Russian bonds be worthless after the oligarchs kill Poo-Tin?
A change in leadership would put faith back in the future of Russia, it will not cure the financial problem Putin has created.
Depends who takes over. Worst case for Russia would be a power struggle, and a succession of short-lived dictators.
They already are worthless...
1998 Again!!! There are no major Banks for a Workout this time!!!
Brilliant news and analysis, thanks for sharing much appreciated 👍
Hi Joe, whenever you quote russian gov't figures like inflation, every single time I think you need to qualify it in terms of "annual Inflation is quoted as X%, or at least that is according to official russian figures; in reality, it is likely much worse". As we know, russia lies every single time they open their mouth so I think it's highly problematic that you aren't mentioning this each time. Just a suggestion, thanks!
I think everyone knows the Russians are lying about their inflation rate if everything was going to plan Russia wouldn’t keep raising interest rates collapse coming
Well done Joe. You must have hit the nail on the head on this one. Bots/Trolls out in force trying to defend a sinking ship😂 This is for all the bots/trolls. You better get a bigger bucket🤷🏼♂️😂😂😂
Finally, a common sense explanation on why the Russian economy may take a dive ... a possible way to end war!!! Thank you, Joe!
Russias economy is doing far better than the UKs
The fact that some are still buying any whatsoever is baffling to me.
It is like "pot odds" in poker. Maybe you only have a 5% chance of winning, but if it will pay 30x(and you can afford it) -> make the bet
Somebody from the Kremlin made a few phone calls to all the major banks:
"This is your window of opportunity to avoid another kind of a window. Buy government bonds."
excellent
Slava Ukraini 🇺🇦🇺🇦🇺🇦
Russians a bit of advice buy potatoes plant them and with luck you will have ten times at least next year when all around you goes bust, If it does not go bust at least you will have potatoes to sell
Try selling useless bonds and you cant eat them .....well you can but they will not feed you for long
Russian bounds, now cheaper than used toilet paper. Wet toilet paper I might add.
Does anyone else remember when Poo10 wanted the ruble to be the official currency of BRICs? They'll break that U.S. dollar in no time. Oooops.
The dollar has lost 25% of its value in 9 months.
@@ClearVistareally. Doesn't matter as the point made still valid and Ruble has no value outside the country.
@ClearVista Source?
@@Lorethe2nd Look at the dollar v gold
All according to plan err Yeah Right
Lift sanctions not only when Russia remove themselves from Ukraine… but also only once every brick is rebuilt and the ordnances are removed. Every day they are self harming.
The road to bankruptcy ...
Not all the people in Russia are enjoying 'higher salaries'....Pensioners make up a third of the Russian population and they have experienced increased costs for prescriptions, utilities, and food. Most Russian pensioners get only 12,000 to 20,000 rubles a month or $130 to $250 a month. Pensions have gone up modestly but not enough to address the declining standard of living.
Ha who thinks they're getting their money back even at 19 percent 😁
50% yield would be fair considering the sanctions on the rouble and the depletion of the national wealth fund. How does a 60% return sound?
Inevitable twist: the ruble drops another -50% in value (again) and my yield is completely gone🫨 "Haircuts? My hair is fine, thanks."
If the yield is paid in rubles, terrible.
Very risky
The inflation in the Chinese GDP is especially creative.😂😂😂😂
Good.
Who on earth would buy bonds from Russia 🇷🇺 knowing the country’s going down the toilet 🚽????
A looted toilet at that!
Russians
I’m in complete agreement with you, Joe, which raises the question why would anybody be concerned about their new currency deal the brick the bricks… that is a joke and no one is gonna shy away from the US dollar when you’ve got Russia in such a disaster
The whole video could be summarized in a sentence, the Rusky government couldn’t sell enough government bonds as they expected.
Ahhh s..t! I thought it was "Russian Blondes Collapse!"
Imagine trusting Putler’s Russia 😮
Very interesting
Bonds are worthless in a high inflation economy as inflation eats up a bond's potential return. Investors would rather park their money either out of Russia (Not in Ruble) or in real-estate assets as those will rise alongside with inflation (usually).
This video should be called bonds for bombs. Thanks for the video.
2025: Russian Bonds become illegal, all over the world.
I'm sure China will listen to you
Its the chicken or the egg situation in a financial world.
Jooooooooeeeeee Blogs!
How MUCH LONGER can Russia go
IF they stay on this COURSE ??
russian bonds? I think I'd rather go into trump's new crypto scheme...
Defaulting on debt, who would have ever guessed? Geez wiz...
I'm thinking about issuing some bonds myself. Guess you can sell anything.
Pootin's russia is going down the pan 😅
That'll be the ones that they stole from Ukraine during the three weeks march to Kiev 😂.
If you're lucky, they will pay these bond of with future Rubles that are worth a "few pennies on the dollar". Most likely they will default and you get nothing. Anyone really think it's a wise investment?
19% is great and all, but if inflation is 10%, you haven't really made 19%, so i don't see why headline bond rates are interesting for investors
9% is still high for bonds.
@@monkemode8128I was about to say this.
Depends on how much they are worth.
Most analysts estimate that Russian inflation is in the 20s%. The 9-10% comes from the Kremlin i.e. BS
The market share graph shows holdings, not purchases, so the situation is even worse than you describe. Investors were not only not buying, but were actually selling the Russian bonds they had bought previously.
I see a correlation in the increase of bond sales and the Donald Trump years in office. Hummm...
Tell me you don't understand the bond market without telling you don't understand the bond market
@ClearVista I understand Trump moneyed around with the Federal Reserve market causing decreases in rates. I understand that everything Trump touched turned into sh--.
Like the simple explanations in that crisp accent. Highly regarded.
Putin = rubbish.
Joe blogs = not rubbish.
Thanks for educating me about the complex interaction between starting wars and economic prosperity in Russia. Jobs, jobs, jobs!
But the bomb factories' workers have gone to the front, where they're hiding from bombs, bombs, bombs!
Mordor's financial situation is dark
You can't exchange rubles for USD....making it almost worthless.
Long Term Capital Management with 2 Nobel Prize economists on its board when bankrupted in 1998 when their bet on the Russian bonds collapsed. The US government had to step in to prevent a global meltdown from the fiasco.
This is **the end of the ruble**.
Perhaps you could use Zimbabwe with hyperinflation as an example of when GDP is a poor indicator of economic performance. Keep up the great work!!
Maybe Russia should have invested in 'Truth Social'...oh wait.
Russia will stiff it's citizens! It will never pay out these bonds! This is just another way to support Russia's excessive spending in a war Russia will definately lose! The windows of opportunities have no daylight!
But pls note that Russia will have gold backed currency.... sooner or later - so can we then exchange rubels for gold ???
russias bank is predicting an interest rate of 23% come 2025 and things “ maybe” worst than a recession. 😁
I fear the Russian bondholders will be sent to the frontline in Ukraine when it’s time for the Russian government to pay back their money to whoever bought them!!
It takes years for an economy to critically overheat and fail.....but russia is clearly 2-3 years into that process.
Why would you think Russia would be a good faith actor and actually pay back those bonds?
As the value of rouble is less than the paper it is printed on, interest may be taken in vodka or war brides.
Does anyone really think Russia would honour the bonds on maturity?
Bottom line is it would be financially high risk and morally wrong to invest in Russian bonds.
Hahaha hahaha hahaha hahaha.....😊
hmmm i wonder why i can't see bots commenting about russian great economy this time..! 🤡
2030, russia will be empty. Nobody there.
To understand the war this material is a most definite prerequisite.
Joe knows more about economics than the Putin bots! 😂
Joe is a bot himself. He does not have a name and is not an actual person.
Ruple Ruble is not worth the paper it’s printed on.
Putin says, buddy can you spare a dime.
That’s like 10 roubles…what are you going to do with 15 roubles…sorry, that’s now 20 roubles…you can’t even buy a cup of coffee with those 30 roubles you have if I gave you a dime…
Pootins second name is Bond. Vladimir James Bonds.
russia is driving down venezuela avenue full speed
Is there any other economy than "Russian"?
Russia has the strongest military and economy in the world. Sarcasm is real.
Also the most humane and honest leadership.
With Oil prices starting a period of decline Russia really is going to be in trouble.
They were already selling lower than the regular price. Another discount means no profit. And they counted on paying the yields on the bonds with the sales of new bonds, which isn't happenin.
And keep in mind, a lot of oil facilities in russia are unable to run at 100% due to strikes from Ukraine.
US Bonds are that secure either
Russian bonds….. I will gladly pay you Tuesday for a hamburger today…… from the Wimpy book of finance
😂😂😂😂
1 x dislike left by Vlad.
I wouldn't loan Russia money even if they paid 1000%.
They get the money if you buy directly from them. If you buy from previous investors, you are giving your money to the investors. You need to learn to buy the dip if you want another Lamborghini.
Who would trust Russia with their money. Talk about risky business!!
Thanks, Joe. ☕️
❤ Ukrainians ❤
Only 9% inflation? Let’s turn that into 100%
The actual number is much greater Ignore the Kremlin number
Hey joe you have been telling everything about Russia and China, why not other NATO member countries? Is it in the worst possible situation that it cannot be revealed?
You can look up all this info about NATO countries. The whole world is struggling but China and Russia are really doing bad rn
If they are doing so bad why have they not collapsed and Russia would be dead by now. So how is this possible?