to watch and the w news, my colleague steven beardsley, is up next with dw business. the stick around wonder if you've seen his shadow. ah, what people have to say matters to us. ah, that's why we listen to their stories. reporter every weekend on d. w. green, do you feel worried about the planet we to i'm neil, host of the on the green fence of coast and to me it's clear we need to change. the solutions are out there. join me for a deep dive into the green transformation. for me to do full of them. ah, ah, 30 trillion dollars, usda, it's a record some with help from the big spending spree of recent years. what does u. s. debt really tell us about the world's largest economy? also on the show, the commission approves controversial new rules labeling some nuclear and gas energy investments sustainable. we'll talk to our correspondent process and we'll visit your car to where new app is. helping workers in the informal sector get some much needed. pandemic 811. welcome to the show, i'm seeing fiercely in berlin. it's good to have you with us. the u. s. national debt now

my colleague steven beardsley is up next with d. w. business news stick around. i wonder if you've seen his shad thing ah, what people have to say matters to us. got am. that's why we listen to their stories. reporter every weekend on d w. the green.

my colleague steven beardsley is up next with the business headlines and play richardson in berlin from the team here. thank you so much for joining us with. ah, what people have to say matters to us. ah, that's why we listen to their stories reporter every weekend on d. w. the battle against cove it the only variant is putting health care systems around the world to the test. vaccination campaigns are accelerating, while restrictions are intensifying once again. but are these measures enough to stop the spread of omicron, fax data and reports listen, know what weekly covert 19 special. every thursday on d w. ah, ah. 30 trillion dollars, usda, it's a record sub with of from the big spending spree of recent years. what does u. s. debt really tell us about the world's largest economy? also on the show, the e u commission approves controversial new rules labeling some nuclear and gas energy investments sustainable. we'll talk to our correspondent in brussels and we'll visit jakarta where new app is helping workers in the informal sector gets a much needed pandemic. 8. hello and welcome to

steven beardsley, thanks for watching. ah no momentum shit forever. with a sudden flash the street lamps set in a blanket. lou wera, she suspended, gave a show a aren't 21 next on d, w. a pulse has a beginning of a story that moves us and takes us along for the ride. it's own about the perspective culture information. this is neither you news and more. d, w. made from mines. oh, it did in wide wing extremists, i suggested began world maggie and company in weight and burned in south africa. disability is more likely to lose their jobs independent, make black lives matter. shine a spotlight on racially motivated beliefs, same sex marriage is being legalized in more and more country discrimination and inequality are part of everyday life. for many, we ask why? because life is diversity. to make up your own mind. d. w. need for mines with be using that visual to speak on what is not.

semiconductors, compute and telecom's acquaintance said joining here in the studio now for more is steven beardsley from he w business. hi steven. uh the ruble, its plummeting. does that mean that western sanctions are already having an effect response of the sanctions? we could say, right, we know that people don't want to be tied to a currency that's going to be incredibly limited and that's going to be the case of the ruble. and so wants that currency starts being traded in such a heavy way then that the values it and then people want to get rid of even more they do that. and so that precipitates the fall, the thing is, we haven't even seen the full exposure perhaps because trading has actually been sort of limited today. so it has been a historic drop, but it could have been even worse. we have seen as capital controls come into place, we have seen these efforts to try and prop up create demand for the rubel. but the, i mean, the fact of the matter is this is an unprecedented level of sanctions. we've seen, we've never seen something like this for an economy as large as russia, the 11th largest

beardsley from the w business. we are, we have to do is look at the numbers here. so that 30 plus $120.00 steven, i mean, this is truly astronomical, so we can relate to it. how does this number the, what does it tell us about the help of the u. s. economy, i mean, let's keep it in perspective, right? i mean, it is a nice, big, fat round number. but the same time, it doesn't tell you that much by itself, it give you an example, a home loan 410-0000 or say $200000.00, right? that's more expensive for someone who earns maybe 30000 dollars in year than someone who earns $100000.00. so we have to look really at g d p. in this case. what is that compared to debt that is higher than it has been in recent years at the end of fiscal year, 2021, the congressional budget office saying it was around 100 percent exceeded actually 100 percent. and that projections are that by 2031, it could be 100 percent. that would actually eclipse it's high just after world war 2 when america was, was cleaning up when it was a going through a, basically a big basically dealing with war debts. right. so, you know, this is