È questo un segno di successo economico? Il rublo continua a scendere perché nessuno ha fiducia nell’economia russa.
https://i.redd.it/u8i97hnbfxsd1.png
di Low_Two_8082
È questo un segno di successo economico? Il rublo continua a scendere perché nessuno ha fiducia nell’economia russa.
https://i.redd.it/u8i97hnbfxsd1.png
di Low_Two_8082
16 commenti
“Everything is going according to plan” – Vlad
Oil is not as big of a shock like it used to few decades ago. Even if prices spike most major economies have enough capacity to weather that storm. If Russia cannot hold that leverage there is no reason for money to flow into that country. Their fundamental issues that were already apparent are gonna get worse over time if they do not stop this war. They are gonna end up bartering for food in exchange of oil and minerals.
This doesn’t mean much in on itself, you would also need to look at production, wages etc. Consider also that different currencies might be used to facilitate trade, and hide it a bit.
This is all part of our special economics operation against the world economy.
Comrade, on the graph it’s clearly stated in big shift EUR. So no worries. Euro is falling.
ECB is cutting rates while the Russian central bank outlook is increasing rates. Economy is running hot, increasing inflation. Therefore it’s quite normal.
I mean the price is pretty much the same as it was before the invasion.
Russia has been using its National Wealth Fund to prop up ‘rubble’ and patch up holes in the economy. They’ve already used half of the liquid assets in it, and their central bank said they’ll run out of the other part next year (If there are no changes). This is when the real fun will begin.
Pootin said it’s all good because they get more roubles this way.
Like actually he did, not a joke.
An obvious economic hardship for Russia is kicking in.
I got 99 roubles and but their value is gone
Elivra Nabiullina on suicide watch, she did everything she could to save the economy
She also opposed the war and tried to resign, but you can’t really say no to Putin
How long until they introduce a kIloRuble? Currently 1 000 rubles equals 9,53 EUR.
Because the Ruble is kinda like Monopoly money: it only works within the game/country and is more or less useless outside of Russia because no sane person who has alternatives would use it.
Its “value” has been propped up by massive government investments and European demand for fossil fuel before Europe was able to reduce its dependency. Now, most of the benefits of the war economy are running out, and Putin will be in trouble soon.
I’m not saying you’re wrong, but looking at one month performance of any currency says literally nothing about the big picture even if the drop looks big as this one. For example, you could find much more dire looking months for Turkish Lira and while their economy is not exactly in good shape, it’s not collapsing either.
Edit: I just checked, if you look at 1 year chart it doesn’t look that bad actually. Talk about nitpicking data.
Ruble has stop being traded by US and Europe. Plus many Chinese banks don’t even accept it anymore.
Searching Ruble vs Euro on Google is literal useless information at that point. It does not have many well established bases of comparison to make a good evaluation of the currency. It’s like asking “how much does moondust cost” when nobody trades moondust. Nothing. It costs nothing in the western world because it’s worth nothing