I’m checking it every few hours today and I am surprised every single time.
IVYDRIOK
3 months ago
See!? The chart is going up, that means The Glorious Mother Russia is prospering, despite the rotten west’s attempts! /S
AMGsoon
3 months ago
Holy shieeet.
It crashes faster and faster. Wtf is going on over there. Something must be happening behind the scenes, no way the currency loses 10% on a normal day
Chaotic_Mind_Paints
3 months ago
Apparently a report from Alfa-Bank, the biggest private bank in Russia, might have prompted all this.
According to the report, inflation is going to hit 13% and interest rates are going to hit 25% between December and January.
Lex2882
3 months ago
They’re not supposed to work immediately or in a month or within a year, in the long run it will , and can be devastating.
Wonderful-Basis-1370
3 months ago
Is there any way they can stop the Russian ruble from falling?
pivekk
3 months ago
It only goes up and up, for the glory of the motherland /s
LanceSniper
3 months ago
For the vast majority of people they don’t think long term about things like this.
Your country can spend money as fast as it can, until the last dollar.
You can fire a machine gun right up to the last bullet.
A well provisioned back stock looks identical to healthy supply chain.
From an outside perspective with no inside information a great many things can look healthy and well supplied right up to the point where they run out.
Snusmumrikenx
3 months ago
To the moon!
SZEfdf21
3 months ago
Checking it against the USD instead of the EUR in r/europe is heresy.
KarlWhale
3 months ago
The question is whether the sanctions will remain after January 20th
Accomplished_Bet_781
3 months ago
Yall gotta remember. Propoganda works very well on people, not so much on math.
lkajerlk
3 months ago
My bet is that it will hit 120 or even 130 before Friday evening
Right-Influence617
3 months ago
Russia is being artificially kept afloat by China, Iran, and North Korea.
Do not understimate the ability of the common Russian folk to tighten their belts. They have a lot of experience with eating nothing but potatoes with salt for years. Most of the russians do infact complain and protest, but only inside their homes and in silence. I traveled across Russia and I spoke with many people from many social layers and almost everyone hated where Russia is heading, but only behind closed doors. .Once they were sure Iam not russian and I wont snitch they opened up quite a bit.
jr5mc1lio03fbc4zqsf8
3 months ago
Holy Shit it gets worse every day lol 🍿
Capitan-Libeccio
3 months ago
If you want to understand how much is Russia REALLY fucked, i suggest you follow this lady [https://bsky.app/profile/prune602.bsky.social](https://bsky.app/profile/prune602.bsky.social)
Her threads on Russian railways and Government bonds are illuminating, and her predictions are very often on point.
The only real question is whether Russia will crash before destroying Ukraine as well, or if this spiral will be distructive for everyone involved; but the spiral is inevitable now.
cmudo
3 months ago
So to sum up, interest rates are sitting at 21% (was 4,5% in 2020); business with EU is basically done and the golden chest to prop shit up is finally dry? And I am not even talking about the loss of life; NATO extension and getting squeezed dry by “friendly” countries. This should be updated to Pornhub to be honest. Thinking under humiliation.
mega-stepler
3 months ago
As a Ukrainian I hope it never stops.
TiberiusGemellus
3 months ago
Can someone explain what it means?
XenophonSoulis
3 months ago
– The sanctions work.
– We could and should be doing a lot more.
These two aren’t mutually exclusive.
ghe5
3 months ago
Whoa, 114.5 rubles per USD already? What is this, a new stage of the Russian space program?
-------7654321
3 months ago
Russian regime changes have often happened quickly. I would be glad to see Putin gone in the next days. Send him to ICC and shame the Americans for not participating in international justice.
linuxares
3 months ago
But how like loaf of bread and milk gone up in price because of it? I understand luxury items might get affected by the basic goods?
Additional_Net_9202
3 months ago
Moar!!
SwordOfArey
3 months ago
The problem is that sanctions are supposed to put pressure on a country and its influential people, forcing them to take certain decisions to get rid of sanctions.
But in reality, when sanctions are imposed on authoritarian regimes, they simply compensate for everything at the expense of their population.
Domruck
3 months ago
Took some time to get the russian central bank ( i think they are the most competent ppl in russia)to give up but better late than never.
Fuzzy-Negotiation167
3 months ago
Sanctions work, when they are applied and enforced like they are meant to.
KernunQc7
3 months ago
We know sanctions don’t work. That’s why Peskov keeps telling us that the sanctions must be removed immediately for close to 3 years, each day, everyday.
adalgis231
3 months ago
They work long term and they hurt very much. Alt right voters are too idiot to understand
dat_9600gt_user
3 months ago
What’s going on?
fartsfromhermouth
3 months ago
Trump about to save Russia what a pathetic mess
AngryFrog24
3 months ago
Putler’s speedrunning the collapse of the Russian economy, and I’m here for it.
Fun_Investment_5282
3 months ago
Unfortunately russian people are used to this and will even find a way to blame the west :/
Meanwhile in Russia TV:
Exports are up!
I’m checking it every few hours today and I am surprised every single time.
See!? The chart is going up, that means The Glorious Mother Russia is prospering, despite the rotten west’s attempts! /S
Holy shieeet.
It crashes faster and faster. Wtf is going on over there. Something must be happening behind the scenes, no way the currency loses 10% on a normal day
Apparently a report from Alfa-Bank, the biggest private bank in Russia, might have prompted all this.
According to the report, inflation is going to hit 13% and interest rates are going to hit 25% between December and January.
They’re not supposed to work immediately or in a month or within a year, in the long run it will , and can be devastating.
Is there any way they can stop the Russian ruble from falling?
It only goes up and up, for the glory of the motherland /s
For the vast majority of people they don’t think long term about things like this.
Your country can spend money as fast as it can, until the last dollar.
You can fire a machine gun right up to the last bullet.
A well provisioned back stock looks identical to healthy supply chain.
From an outside perspective with no inside information a great many things can look healthy and well supplied right up to the point where they run out.
To the moon!
Checking it against the USD instead of the EUR in r/europe is heresy.
The question is whether the sanctions will remain after January 20th
Yall gotta remember. Propoganda works very well on people, not so much on math.
My bet is that it will hit 120 or even 130 before Friday evening
Russia is being artificially kept afloat by China, Iran, and North Korea.
https://g.co/kgs/9Ge9cTW
They’re plugging a hole in a sinking ship.
More is More so russia is doing great /s
Do not understimate the ability of the common Russian folk to tighten their belts. They have a lot of experience with eating nothing but potatoes with salt for years. Most of the russians do infact complain and protest, but only inside their homes and in silence. I traveled across Russia and I spoke with many people from many social layers and almost everyone hated where Russia is heading, but only behind closed doors. .Once they were sure Iam not russian and I wont snitch they opened up quite a bit.
Holy Shit it gets worse every day lol 🍿
If you want to understand how much is Russia REALLY fucked, i suggest you follow this lady [https://bsky.app/profile/prune602.bsky.social](https://bsky.app/profile/prune602.bsky.social)
Her threads on Russian railways and Government bonds are illuminating, and her predictions are very often on point.
The only real question is whether Russia will crash before destroying Ukraine as well, or if this spiral will be distructive for everyone involved; but the spiral is inevitable now.
So to sum up, interest rates are sitting at 21% (was 4,5% in 2020); business with EU is basically done and the golden chest to prop shit up is finally dry? And I am not even talking about the loss of life; NATO extension and getting squeezed dry by “friendly” countries. This should be updated to Pornhub to be honest. Thinking under humiliation.
As a Ukrainian I hope it never stops.
Can someone explain what it means?
– The sanctions work.
– We could and should be doing a lot more.
These two aren’t mutually exclusive.
Whoa, 114.5 rubles per USD already? What is this, a new stage of the Russian space program?
Russian regime changes have often happened quickly. I would be glad to see Putin gone in the next days. Send him to ICC and shame the Americans for not participating in international justice.
But how like loaf of bread and milk gone up in price because of it? I understand luxury items might get affected by the basic goods?
Moar!!
The problem is that sanctions are supposed to put pressure on a country and its influential people, forcing them to take certain decisions to get rid of sanctions.
But in reality, when sanctions are imposed on authoritarian regimes, they simply compensate for everything at the expense of their population.
Took some time to get the russian central bank ( i think they are the most competent ppl in russia)to give up but better late than never.
Sanctions work, when they are applied and enforced like they are meant to.
We know sanctions don’t work. That’s why Peskov keeps telling us that the sanctions must be removed immediately for close to 3 years, each day, everyday.
They work long term and they hurt very much. Alt right voters are too idiot to understand
What’s going on?
Trump about to save Russia what a pathetic mess
Putler’s speedrunning the collapse of the Russian economy, and I’m here for it.
Unfortunately russian people are used to this and will even find a way to blame the west :/
its going down again, 110 atm