Ep. 1757 Why Putin's Pathetic Economy is Booming!!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 12 July 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
Russia is booming! Despite being hit by a blitzkrieg of Western sanctions, its economy is actually thriving! But how? How can Russia, despite officially becoming the single most sanctioned nation on the planet, financially flourish? The answer is going to astonish you!
Highlights:
● "The ruble actually hit a seven-year high, and despite all the sanctions, it became the single strongest currency in the world. Western elites were flabbergasted; the Associated Press responded with the headline: ‘Russia’s ruble rebound raises questions of sanctions’ impact!’."
● “While inflation did increase in the Federation, it remained relatively low as compared to the European Union, and Russia’s unemployment rates have at the same time hit record lows.”
● “Russia was busy building up a civilizational world that would ultimately affect its own emancipation from the globalist world order, and in effect, as we’re seeing, institute its own parallel world!”
Timestamps:
[01:10] What happened to Russia after getting sanctioned by the US and the EU
[05:42] The real reason for Russia’s booming economy
[07:08] President Vladimir Putin’s approval rating
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization all over the world has been a massive backlash against globalization, |
| 0:11.5 | its leftist leadership, and its anti-cultural liberal values, and it's just the beginning. |
| 0:18.9 | I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink and a new conservative age is rising. |
| 0:26.7 | Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, |
| 0:33.7 | and together learn to live in the present and light of even better things to come. |
| 0:38.7 | This is Turley Talks. |
| 0:48.7 | Russia is booming. |
| 0:50.7 | Despite being hit by a blitzkrieg of Western sanctions, its economy is actually thriving. |
| 0:56.7 | But how? How can Russia, despite officially becoming the single most sanctioned nation on the planet financially flourish? |
| 1:05.7 | The answer is going to astonish you. |
| 1:09.7 | Thursday, February 24th, 2022, Russian forces launch a special military operation into Ukraine, |
| 1:18.7 | and mere hours two massive sets of sanctions were imposed on Russia from the United States and the European Union. |
| 1:25.7 | First, Russian banks were expelled from the International Financial Transaction Platform known as Swift, |
| 1:32.7 | the default financial transaction system for over 200 countries all over the world, a move which sought to cut Russia off from global monetary transactions, |
| 1:42.7 | and impair Russia's ability to engage in international trade. |
| 1:46.7 | Secondly, the US and the EU did what was otherwise unthinkable. |
| 1:51.7 | They sanctioned Russia's central bank, seizing upwards of a $630 billion stockpile of international reserves |
| 1:58.7 | that Russia built up over the years, particularly its international gold funds. |
| 2:03.7 | As such, the Russian Federation became the first G20 nation ever to have its central bank sanctioned. |
| 2:10.7 | And yet, while the rubble was supposed to collapse under the weight of these sanctions, it didn't, in fact, quite the opposite. |
| 2:18.7 | Ironically, the rubble actually hit a seven-year high, and despite all these sanctions, it became the single strongest currency in the world. |
| 2:29.7 | Western elites were flabbergasted. The Associated Press responded with the headline, |
... |
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