Russia Could Run Out Of Money By 2017

Wednesday, February 8, 2017
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Is Putin Leading Russia Into A Great Depression? https://www.youtube.com/watch?v=CMxGKmDSpJY
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Several countries have imposed sanctions on Russia targeting the country’s oil exports and economy. So could Russia run out of money?

Bloomberg: Russian Wealth Fund Has This Year’s Biggest Drop as Buffers Wilt
https://www.bloomberg.com/news/articles/2016-09-06/russian-wealth-fund-has-this-year-s-biggest-drop-as-buffers-wilt

The Guardian: Rouble in freefall despite rate hike
https://www.theguardian.com/business/2014/dec/16/russian-rouble-hits-new-all-time-low

CNN: Russia Is Seriously Running Out Of Cash
http://money.cnn.com/2016/09/16/news/economy/russia-cash-reserves-depleted/

Music Track Courtesy of APM Music: “Human Connection”

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Written by: Jules Suzdaltsev
Edited by: Alex Esteves
Produced by: Cailyn Bradley, Semany Gashaw & Lauren Ellis
Video Rating: / 5

How The Economic Machine Works by Ray Dalio

Economics 101 — “How the Economic Machine Works.”

Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, “How does the economy really work?” Based on Dalio’s practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.

To learn more about Economic Principles visit: http://www.economicprinciples.org.

[Also Available In Chinese] 经济这台机器是怎样运行的: http://www.youtube.com/watch?v=-ZbeYejg9Pk

[Also Available In Russian] Как действует экономическая машина. Автор: Рэй Далио (на русском языке): http://youtu.be/8BaNOlIfMLE
Video Rating: / 5

37 Comments

  1. prashant raghu says:

    India and china will help Mother russia

  2. Dragø says:

    I guess history just repeats it's self like always

  3. Daniel Gordon (DanG) says:

    Anyone watching in 2017?

  4. Jeffrey Santiago says:

    it's February did they run out ?

  5. Axel Magana says:

    Their GDP is actually gonna grow 1-2 % this year. Sorry to break it you guys :(

  6. gassluc says:

    its 2017 and that fucker is still here

  7. Waleed Bakht-Yar Khan Yousafzai says:

    Да здравствует россия-матушкаи! Да благословит Бог земляю родную! Большой привет из Пакистан! А ты пиздуй дальше сука западный) Как хорошо что по Руский на учился)

  8. NewAgeAfricans says:

    Russia and Nigeria are cousins

  9. Александр Дорохов says:

    why do you american hate us so much, this is fake new we are out of recession and we are constructing many things with money like 2018 stadiums and crimean bridge so you dont know whats happening in Russia… Americans dont mess with us dont brainwash the world you are the bad guys….

  10. strizhi says:

    Fucking idiots lmao

    All these retards need a lesson in economics. If a country like Russia paid off all its debt and not tied to USD then using dollar standard value is shit to none.

    Mid 2017 russia run out of money hahahahaha thats a good one

    lmao

    let me know how your channel continues you dumbasses –

    Please tell me ruble total GDP of russia, average wage and percentage of debt-

    Oh thats right western EU backed and petrodollar morons largely consist of 90-130% and unemployment in many cases much higher then Russias –

    This channel is for retards and sheep who dont like to fact check.

  11. Alexis Sanchez says:

    price of oil has nothing to do with Isis.

  12. Rey Mysterio says:

    Time for USSR v2.0! Ha-ha-ha.

  13. Simon Gray says:

    What's that coming over the hill, is it a pro-Russian.

  14. ctcole77 says:

    KILL ADOLF PUTIN NOW!!!!!!!

  15. Chinese for supper says:

    Trump will co operate with Russia and unite the Christian world. China is a blood sucking economy which feeds on others and will feel the consequence under Trump.

  16. Chinese for supper says:

    The Belarus economy has just collapsed and chaos in Minsk where people are throwing away the local currency in protest. It is interesting people are not focusing on that.

  17. Chinese for supper says:

    This video is just Western propaganda because the sanctions on Russia has rallied Russia into local goods production and boosted the economy whilst the E.U economy has deteriorated and its banks become bankrupt and leading to a collapse of the E.U. Lesson here that you don,t mess with Putin. Anyway Russia has the biggest mineral resources in the world and will never go broke and the E.U relies on Russia,s natural gas to stop freezing to death.

  18. VDSky 59 says:

    You're talking about this for many years, but the money for some reason does not end

  19. siraz rocky says:

    half of the story.

  20. the migrant says:

    amazing science

  21. hderryl says:

    Excellent video! Dalio introduces all the key components of the "machine", in a package that is simple and concise enough that people will actually watch the whole thing …and maybe even understand it. Two key points: bank lending creates new credit/debt, and credit "spends" just like money. So creidt growth is money supply growth, and credit reduction (paying down debt) is money supply reduction. The money supply is people's and businesses' money-holdings: mainly deposit account balances in banks (domestic and offshore) and cash balances in brokerage accounts. For debtors to reduce their total debts, "savers" have to reduce their total money-holdings. And second: one person's spending = the other person's earning. So when "debtors" are borrowing and spending and increasing their total debt; "savers" are earning and saving and increasing their total money-holdings. And vice versa when debtors are paying down their total debt, and savers are reducing their total money-holdings. Money is numbers that work by accounting arithmetic, not by economic theories. Dalio understands how money/credit and deb works, which puts him ahead of mainstream academic macroeconomists who model a barter economy and do not understand the role of money and credit/debt; or the principles of buy-sell money transactions (buyers pay money to get stuff; sellers provide stuff to earn the money), vs trading stuff for other stuff in a "barter" economy.

  22. D Winkle says:

    excuse me, at 8:26, borrowing is not due to any laws or regulations? it is human nature? that a joke????

  23. Boyang Wang says:

    Great video!

  24. Cut de Pie Fails says:

    So just to make sure I get it, if one can trace credit increases and a trend, then trace the reduction in credit trend/default trend, one can literally pinpoint a crisis and a growth period (credit increasing trend)?

  25. Patrick Wall says:

    OK. I spoke too soon. I don't take back what I said. I just understand more now that I saw the last min. and a half.

  26. Jo Mgn says:

    This video is fantastic and is well explained however, it doesn't really seem to provide any long term solutions but I suppose that wasn't the intention. It is absolutely right that central banks do control the amount of money in the economy and this is something everybody needs to focus on an awful lot more. Money is for the people and should be created by the people. When are people going to wake up and start realising that central banks are CRIMINAL PRIVATE ORGANISATIONS THAT DO NOT CARE ABOUT THE ECONOMY. They only care about profit. They will keep interest rates low so they lend and lend until the bubble pops, i.e. reduce the amount of money circulating in the economy, businesses go down, people default on payment and lose their jobs and they will just repossess your collateral. That is what they're really after. The solution is to get out there and campaign to shut these criminals down. If a government can print a bond, it can print money! #debtfreemoney #letthemfail

  27. Patrick Wall says:

    This whole view is perfect from the top down. The world is not, and it's built from the bottom up. This assumes that banks are generous. They wake up and see the interest rates have been decreased and rush out to recalculate everyone's current debt at the new rate. Then inform them. It also assumes there's an infinite Source and sink of resources(cash/credit) cycles break down unless they're fed. Yet how does the super rich become super rich. They become reservoirs siphoning off resources from this (perfect) model until the cycle is fueled by fumes. Its a wonderful concept and I'm sure the generalized principles did help you avoid the collapse. Yet it if you used this model as is you wouldn't be talking about avoidance. Damage control, liability management, and loss prevention would fill much more of the vocabulary.

  28. Teghem Cornelius says:

    wow that's amazing

  29. Joel Mwaura says:

    Great video. Very educative on how the economy works.

  30. AL LA says:

    Scenario 1: When debt is paid off, you have paid 2 times or sometimes more than that the amount you borrowed. So the lender wins. Scenario 2: The lender will never allow himself go negative unless he is stupid. They will milk the borrower to his "death"/bankruptcy and after that they end up with both the asset the borrower was trying to pay off and a positive balance after the incomplete pay off. Do not allow to be fooled when they say it is a simple transaction. As long as there is a CREDIT/DEBT/MIDDLE-RICHMAN-COLLECTING-INTEREST it will never be a fair transaction. The Rich Man is making huge amounts of money on ordinary people and then creates a chaos to get that all back, and on top of all this they blame average Joe for borrowing. This man does not want to say the whole TRUTH.

  31. Allah Turbo says:

    more of a personal narrative of how economy work rather than straight explanation from textbook

  32. sushmit senapati says:

    wonderfully explained ray dalio…thank u !!! :-)

  33. Anon P says:

    This further confirms my belief that supply side policies are underrated

  34. NateTheEternal says:

    any chance we can be a productivity based economy over a debt/credit economy. yea things don't grow as fast but they don't crash hard as well. stability in the economy means social and cultural stability. but I suppose if u are competing with other nations things get even more complicated.

  35. Mr. V says:

    Why so much emphasis on credit.. can't economy also grow enough by increase in productivity alone?

  36. Steven Song says:

    I'm still not financially independent, yet I strive to be productive daily and I am most of the week. This is motivating! Thank you Ray Dalio!

  37. Michele De Luca says:

    why government by default collect taxes? :D

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