All right, Alexander, let's do an update on the Russian economy because there is a lot of interest

on what is going on with the Russian economy because of the rubles' position against the dollar.

The ruble has lost a significant amount of strength against the dollar, falling well below the 100 level.

And once again, this happens every end of the year, by the way. It seems like every end of the

year we have to do a video like this on the Russian economy, and you'll explain why. But this

has caused, once again, many, many analysts and collective

West media outlets to talk about how the Russian economy is finally, finally the Russian economy

is going to collapse. Finally, it's about time. After three years of war, after a thousand days

of conflict, it looks like the Russian economy is set to crumble. And here they come with these

articles again. But I think that the latest issues with the Rubel can be easily explained.

There's the seasonal effect.

There's the recent sanctions on Gazprom Bank.

And of course, it's just the general strengthening in the dollar after Trump's election. I mean, I don't understand why.

I guess psychologically, I can understand why the dollar strengthened after Trump won.

But, I mean, there's no real, there's no real data to explain why the dollar has strengthened because of a Trump victory.

Maybe an anticipation of what he's going to do for the U.S. economy.

Anyway, I think those are the three very basic reasons

to explain what's going on. Do you want to elaborate on all these things and talk about why we have

to do this video every end of the year? Before we do that, can I actually say why I think the dollar

is strengthening after Trump has won? And that is that putting aside the fact that he's now going to

increase tariffs and things of that kind, I think what we're seeing, what is probably happening,

is that there has been a massive outflow of funds from Europe into the United States.

...