frigidweirdo
Diamond Member
- Mar 7, 2014
- 54,857
- 15,031
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Russia saved up loads of money during Trump's time in office, the last few years of Obama's time and the first year of Biden's time in office in order to be able to avoid the impact of sanctions when invading the Ukraine. They didn't invade in 2014 when they could easily have defeated a fragmented Ukraine, but in 2022 it was different.
Doomsayers on youtube and other social media outlets predicted that the Russian economy would collapse quickly, and it didn't happen.
The Russian rouble hit about $1.32 around the middle of March 2022 which "proved" Russia was going down. Then the rouble not only dropped down to the 70 cents level but went even further down to 52 cents at one point.
www.xe.com
However the rouble has, in recent days, spiked up, it at $1.07 right now and rising. Is this because Russia is running out of money, the economy is running out of patience and can't cope with all the problems the sanctions are causing? Or is it just another blip?
uk.yahoo.com
"In a Russian supermarket, a bearded man takes a furtive look around. His brow is creased with tension.
Then, with a jerk, he reaches into the shelves, grabs several items, slips them into his rucksack and dashes for the exit. The stolen goods? Butter."
Essential items like butter are rising which is hurting normal people. This is where the biggest problem comes. You can keep people ignorant only as long as reality doesn't slap them in the face, when they can't afford to live....
Or maybe it's only butter.
"Inflation has soared across Russia’s war-focused economy, forcing up interest rates to 21 per cent."
Or maybe not.
"Construction analysts are now talking of a collapse in Russia’s housing market."
Or maybe it'll benefit Russia
"
Other experts argue that a weak rouble could suit the Russian government’s massive military spending plans.
The Kremlin receives about half of its revenue from oil and gas exports.
As these are typically purchased in foreign currencies, it could mean Russia has more to spend when the funds are converted to roubles."
Doomsayers on youtube and other social media outlets predicted that the Russian economy would collapse quickly, and it didn't happen.
The Russian rouble hit about $1.32 around the middle of March 2022 which "proved" Russia was going down. Then the rouble not only dropped down to the 70 cents level but went even further down to 52 cents at one point.
US Dollar to Russian Ruble Exchange Rate Chart | Xe
USD to RUB currency chart. XE’s free live currency conversion chart for US Dollar to Russian Ruble allows you to pair exchange rate history for up to 10 years.
www.xe.com
However the rouble has, in recent days, spiked up, it at $1.07 right now and rising. Is this because Russia is running out of money, the economy is running out of patience and can't cope with all the problems the sanctions are causing? Or is it just another blip?
Putin’s butter problem could help bring peace to Ukraine
In a Russian supermarket, a bearded man takes a furtive look around. His brow is creased with tension.
"In a Russian supermarket, a bearded man takes a furtive look around. His brow is creased with tension.
Then, with a jerk, he reaches into the shelves, grabs several items, slips them into his rucksack and dashes for the exit. The stolen goods? Butter."
Essential items like butter are rising which is hurting normal people. This is where the biggest problem comes. You can keep people ignorant only as long as reality doesn't slap them in the face, when they can't afford to live....
Or maybe it's only butter.
"Inflation has soared across Russia’s war-focused economy, forcing up interest rates to 21 per cent."
Or maybe not.
"Construction analysts are now talking of a collapse in Russia’s housing market."
Or maybe it'll benefit Russia
"
Other experts argue that a weak rouble could suit the Russian government’s massive military spending plans.
The Kremlin receives about half of its revenue from oil and gas exports.
As these are typically purchased in foreign currencies, it could mean Russia has more to spend when the funds are converted to roubles."
imperial TV has had to say that speaks volumes
