#StPetersburg #RussianEconomy #InternetOutage #RussiaUkraineWar #Rosneft #Putin #Sanctions #BarterEconomy
In St. Petersburg, Putin’s "unconquerable" fortress, internet and telephone lines have been cut. The city has become a complete "Digital Graveyard," while in the background, Russia’s energy giant Rosneft is experiencing a 70% collapse. The Kremlin cut off communication to hide the economic wreckage from the public.
In this video, we analyze the "Oil Trap" that Russia has fallen into and its return to a Soviet-style barter economy:
DIGITAL BLACKOUT: 5 million people are without internet. Putin pulled the plug to prevent the public from seeing the collapse.
OIL TRAP: New US sanctions have locked Russian oil at sea. Tankers cannot find buyers, and revenues have evaporated.
RETURN TO THE SOVIETS: The Kremlin instructed companies to "Barter goods if there’s no money." The era of wheat for oil has begun.
MEDIA OUTRAGE: Even state television began comparing Russia’s policies to "fascist methods."
This graphic shows the extent of the digital blackout in St. Petersburg and how the city was isolated.
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