Posted on 12/17/2014 11:11:24 AM PST by Kartographer
Full Title:This Is What a Currency Collapse Looks Like: Shopping Frenzy:
“We Have A Lot Of Rubles Losing Value Every Second” “I don’t need this car,” he said with a shrug. He already owns two Porsches and a Land Rover. But, he figured the prices will soon go up and the ruble will probably go down. “We are headed for a crisis,” he said.
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Electronics stores were packed late into the evening as shoppers scooped up iPhones and iPads at prices over $100 lower than what they cost in the United States. Apple’s Russian website halted online sales “due to extreme fluctuations in the value of the ruble… while we review pricing.”
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“We came here because we have a problem. We have a lot of rubles which are losing value every second and we were too late to buy dollars at good price. We came here because prices on cars will increase tomorrow,” Katya said.
(Excerpt) Read more at shtfplan.com ...
“WOLVERINES!”
KYPD
Merry Christmas Adolph Putin, check the gifts under your tree.
Have you ever played a shell game?
Typically there are three shells/cups with a single ball under it. You win by picking the cup with the right ball under it.
Think of all of the world’s assets are placed under cups. Each cup has a dollar value on top of it with enough cups to cover every dollar in the world. Now imagine if somehow you could add more cups by adding more dollars to the playing field. You’re not adding assets, just making more cups to “muddy” up the playing field.
That’s what’s happening here. We’re watching a large shell game where assets are being shifted around with the most powerful and well connected tracking the “ball” and when the game gets called they’ll pick the correct cups with the most assets and everyone else holding dollars gets to fight over the remaining cups with little or nothing left.
I hope this is a good enough analogy to convey the general idea of the screwing we’re about to see happen.
When the Soviet Union collapsed, their leader was Gorbachev - by Soviet standards a peaceful man who was not willing to get as violent as would have been necessary to hold the country together. When the Soviet Union collapsed, our leader was Reagan's successor, G. H. W. Bush, a man they respected because they had respected Reagan. War was not an option.
Today, their leader is Putin, a strong man with (for now) high popularity and respect in Russia. Today, our government's leader is Barack Obama, the weakest, most anti-American threat in our country's history. Russia's decision on war will be based exclusively on Russian interests; any interference by the United States is certain to be ineffective. Objective circumstances matter, and those circumstances don't get more extreme than our current leadership crisis.
Clearance special for Western customers looking for Russian brides. Only accept Dollars, Pounds and Euros.
Back in the 90s I was taking Russian language classes and was looking for a Russian pen pal online. The amount of women looking for a husband to come over was ridiculous. Their economy was crap and marrying out was a good investment.
The Lithuanians might beg to differ on that.
There is also the demographic collapse of Russian men. Due to alcoholism and like their life expectancy is on par with Third World cesspits. The demographic mismatch that occurs between men and women, due to men dying earlier, is accelerated in Russia.
We shouldn’t be so smug and above the suffering of the Russian people...
...that will be our future in a few years as well.
I was a shortwave radio enthusiast back in the day, and I remember in the last days of the Soviet Union, Radio Moscow was desperate for money and basically loaned their airwaves to anyone who would pay.
I remember some real weird religious cult had a show on Radio Moscow, some guy in broken English saying something about the “Divine Truth.”
Well, it turned out, that “cult” was Aum Shinrikyo, who was responsible for the deadly Sarin attack in the Tokyo subway a few years later.
You can’t taunt a cornered bull or BEAR forever. Eventually they will come out swinging against their adversary.
This is what I am concerned about.
The Saudis can keep doing this “not a price” war for a lot longer than it will be prudent to do so.... about 5 years. Before that time is up, if they persist, something will blow up.
That is my thought. For me it would be food and other necessities but Iphones and a car will not fill your tummy.
....” This is already a war, an economic war”....
Yes it is...but it is my understanding sanctions cannot be used against a nations peoples...which is what this will eventually affect....
I do think Obama is going to go after Crimea with sanctions next.
I did say “by Soviet standards”.
we caused this one.
and why?
because russia isn’t pro-homo
One thing during live coverage stuck with me that I’ve never seen anyone else mention:
It collapsed because gov’t workers didn’t get paid. No paycheck, no work, no government.
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gosh that sounds like a great idea, lets start with the EPA!
“pro-homo” doesn’t exist in a vacuum, and it isn’t an agenda unto itself.
The true underlying agenda is anti-Christianity,
and homos simply provide a convenient vehicle
to criminalize Christian belief.
Since Russia isn’t a Christian nation, per se, especially with the atheistic communist leadership,
I’m not sure that not being pro-homo is the reason that “we” would cause the currency collapse.
Fracking is what is the cause, and the left/government had nothing to do with promoting that.
Yep. Hence my two year old tag line.
IIRC, Red Storm Rising started with an oil crisis.
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