The Economic Effects of Russia’s Invasion of Ukraine. (Feb 27, 2022) P Boyle
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cyber horse

03/02/2022, 09:02:16




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A good short talk about this topic.

If we do not want to watch the video, this probably was the most important takeaway point.

Russia had about $640 billion in central bank reserves.

The west and the allies basically just took $400, it was just frozen. The remaining $240 reserves is available but the war costing 20 billions a day.

This can cause sever pressure to the Russian economy, Ruble collapse and bank runs.






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