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RE: LeoThread 2024-12-05 09:39

in LeoFinance11 months ago

Part 3/7:

In an effort to stabilize the Ruble, the Russian government is reportedly selling Chinese currency at an alarming rate—around $54 million a day—to prop up their own currency. Bernard suggests this move indicates a desperate attempt to maintain an illusion of strength. He highlights the irony of Moscow's positioning, where state narratives promote an image of resilience while the underlying economic conditions tell a different story of weakness and instability.

A Comparative Analysis with Global Economies