Russia now only accepts payments for their exported energy in Rubles.Biden told us the sanctions he has levied on Russia would crush their economy and stop them from continuing the war against Ukraine.
SO…..UH…..WHIEN DOES THAT HAPPEN?
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Russian Ruble at a 7 year high….when are the Biden sanctions on Russia going to start affecting Russia negatively?
- Thread starter ColonelAngus
- Start date
Is anybody in the MSM paying attention to the Biden criminal enterprise investment portfolio? My guess is that Hunter might be heavily invested in Russian rubles and maybe the Pelosi criminal enterprise as well.
Viacheslav
Silver Member
- Mar 16, 2017
- 297
- 82
- 90
Some commentators here are very far from Russian reality. The Russian economy is suffering enormously
Just some data:
The production of passenger cars in the Russian Federation in May 2022 practically stood up, having collapsed in annual terms by 30.3 times (by 96.7%) and having more than halved in 5 months (by 56.4%), follows from the data of the Federal Service state statistics of the Russian Federation (Rosstat). The Russian economy has closely integrated into the world economy and these sanctions has huge influence. With the ruble, the situation is more interesting, the official exchange rate is about 57-60 rubles for 1 dollar, but at this rate you can't buy dollars in cash.
In one thing, I agree that these sanctions won't stop the Russian invasion and the war with Ukraine in the short term, in my opinion, Russia has reserves, at least until the end of this year.
Just some data:
The production of passenger cars in the Russian Federation in May 2022 practically stood up, having collapsed in annual terms by 30.3 times (by 96.7%) and having more than halved in 5 months (by 56.4%), follows from the data of the Federal Service state statistics of the Russian Federation (Rosstat). The Russian economy has closely integrated into the world economy and these sanctions has huge influence. With the ruble, the situation is more interesting, the official exchange rate is about 57-60 rubles for 1 dollar, but at this rate you can't buy dollars in cash.
In one thing, I agree that these sanctions won't stop the Russian invasion and the war with Ukraine in the short term, in my opinion, Russia has reserves, at least until the end of this year.
ColonelAngus
Diamond Member
- Feb 25, 2015
- 52,982
- 53,365
- 3,615
- Thread starter
- #104
Maybe a cultist can explain when the sanction are going to stop the war.
We are picking up the tab. Haven't you heard?Are you thinking the sanctions should be lifted, and we and the rest of the free world should help pick up the tab for the men, material required to carry on his war making, for his aggression against his neighboring country and possibly Europe? I disagree.
- Nov 10, 2019
- 45,667
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- Moderator
- #106
The Czech Republic is picking up Russia's tab? Why would you do that? Putin should just take his invading army ass back to his own country, and act like a leader of a civilized country.We are picking up the tab. Haven't you heard?
Russia's inflation rate is 16 percent.Biden told us the sanctions he has levied on Russia would crush their economy and stop them from continuing the war against Ukraine.
SO…..UH…..WHIEN DOES THAT HAPPEN?
A strong ruble contributes to inflation.
The dollar is also very strong right now, and is contributing to our inflation rate.
Russia's inflation rate is 16 percent.
A strong ruble contributes to inflation.
How does a strong currency contribute to inflation?
What makes you think I'm Czech much less a spokesman the country? You are aware that not all Americans live in the US, right?The Czech Republic is picking up Russia's tab? Why would you do that? Putin should just take his invading army ass back to his own country, and act like a leader of a civilized country.
- Nov 10, 2019
- 45,667
- 28,925
- 2,490
- Moderator
- #110
Just going by the line below your avatar.What makes you think I'm Czech much less a spokesman the country? You are aware that not all Americans live in the US, right?
So, if you are talking about costs supporting NATO readiness or arms to Ukraine, I am in favor of it and have been on NATO support assignment before.
The line indicates location, not citizenship or ethnicity.Just going by the line below your avatar.
So, if you are talking about costs supporting NATO readiness or arms to Ukraine, I am in favor of it and have been on NATO support assignment before.
Russia's inflation rate is 16 percent.
A strong ruble contributes to inflation.
The dollar is also very strong right now, and is contributing to our inflation rate.
How does a strong currency contribute to inflation?
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