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re: Apparently, the Russian Ruble is set to collapse. Citizens are in lines trying to drain
Posted on 6/13/24 at 9:58 am to sta4ever
Posted on 6/13/24 at 9:58 am to sta4ever
quote:
But all the Putin lovers on here told me that the Russian economy was booming, the Ruble would become stronger than the dollar, Russians were living very luxurious and happy lives right now, with the ability to purchase cheap and readily available products. The BRICS alliance was going to overtake and become the new alliance the world follows. What happened Putin minions?? Tell us how the mean West hurt little ole Russia again…
Predictably dramatic, over the top response from you but why don’t you cool your heels a bit and let’s all see if this interestingly timed piece has any legs to it in these coming weeks.
1
Posted on 6/13/24 at 10:01 am to AUTiger1978
quote:
pressure on the Russian banking system
Posted on 6/13/24 at 10:05 am to NC_Tigah
quote:
If oil trading were to shift away from the US dollar it would dramatically reduce the demand for US dollars, which would lead to a decrease in the value of the US currency.
"This could have a number of ripple effects throughout the global economy, including hugely increased inflation in the US and potentially destabilising effects on financial markets," said Green.
This is slowly devastating to the U.S. and EU elites who currently enjoy the cantillion effect.
Posted on 6/13/24 at 10:08 am to SmogkDeizKnutz
I heard they wanted their rubles to short the dollar!!
Posted on 6/13/24 at 10:14 am to SmogkDeizKnutz
Propaganda
Posted on 6/13/24 at 10:14 am to SlowFlowPro
[quote]This is one of those things that no matter how much data is presented, a certain segment will reject. Like violent crime rates falling.[/quo
I can make a "data" set that says anything I want. Your "data" is shite.
I can make a "data" set that says anything I want. Your "data" is shite.
Posted on 6/13/24 at 10:15 am to Great Plains Drifter
quote:
Predictably dramatic, over the top response from you but why don’t you cool your heels a bit and let’s all see if this interestingly timed piece has any legs to it in these coming weeks.
Not the name of the game on this board. The only acceptable type of response on here is an immediate, dramatic reaction to something, while not allowing things to play out. We all know what’s gonna happen though. The mighty Russian economy under Vladimir Putin, is on its last leg.
Posted on 6/13/24 at 10:16 am to TS1926
Like his 200,000 posts
Posted on 6/13/24 at 10:16 am to GumboPot
quote:If one buys into the Cantillon Effect premise, inflation should serve Cantillon's purposes nicely.
This is slowly devastating to the U.S. and EU elites who currently enjoy the cantillion effect.
Posted on 6/13/24 at 10:18 am to sta4ever
quote:
Not the name of the game on this board.
Posted on 6/13/24 at 10:18 am to NC_Tigah
So the Saudis are committing economic suicide too?
Posted on 6/13/24 at 10:20 am to NC_Tigah
Posted on 6/13/24 at 10:20 am to sta4ever
quote:
The mighty Russian economy under Vladimir Putin, is on its last leg.
How long before it fails and how much will you cheer for the misery of Russians just trying to live their lives?
Posted on 6/13/24 at 10:21 am to SmogkDeizKnutz
Using our dollar like this hurts us in the long run. Making Russia less reliant on us and making the dollar less important globally is bad.
Posted on 6/13/24 at 10:23 am to SmogkDeizKnutz
quote:
Apparently, the Russian Ruble is set to collapse. Citizens are in lines trying to drain
I'm calling bullshite on this until I see actual and real proof. And even then it will take some time to confirm. You guys should know by now the media cannot be trusted with anything they say.
We've caught them outright lying about other things and somehow they're telling the truth in here?
Posted on 6/13/24 at 10:23 am to GumboPot
quote:
The issue for China is however as they print what cost China 500 yuan yesterday to buy a barrel of Russian oil today base on the price of gold and the price of gold increase in yuan due to PBoC manipulation they will pay greater than 500 yuan for a barrel of Russian oil tomorrow.
This is exactly why this is ultimately doomed for failure, from China's POV.
It's because they had a golden opportunity and they fricked it all up and squandered it.
Posted on 6/13/24 at 10:23 am to roadGator
quote:
How long before it fails and how much will you cheer for the misery of Russians just trying to live their lives?
How long are you gonna keep propping up an 1800s loser Tsar?
Posted on 6/13/24 at 10:24 am to thebigmuffaletta
Too bad I didn’t fall for that. Nice deflection tho. You got all your money out the Russian banks this morning?
Posted on 6/13/24 at 10:25 am to sta4ever
Like a woman, answering questions with a question.
When does the Russian economy fail?
How hard will you cheer for suffering Russian innocent civilians?
When does the Russian economy fail?
How hard will you cheer for suffering Russian innocent civilians?
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