re: Your 401K is getting destroyed

quote:

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I was joking that I invested in the rubel, but it is up something like 200% since March.

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There we’re articles written back in May stating that the ruble is currently the strongest currency.

The West really made a bad gamble with the sanctions on Russia.

It is hurting us FAR more than they expected.

People always viewed Russia’s economy as the size of Spain’s, due to the reported GDP, but when it comes to essential worldwide markets, they are probably more on par with Germany.

When you combine that and the stupidity of the last two years, this is severely self-inflicted.