Posted on 08/13/2023 11:31:46 AM PDT by marcusmaximus
Vladimir Putin suffered a humiliating blow on the world stage this week after the Russian ruble crashed yet again, with one Ruble now worth exactly one US cent.
One hundred Rubles is now worth just one dollar, as the Russian currency appears on the verge of collapsing. The currency crash is the latest humiliating blow for Vladimir Putin, who has poured billions into his war with Ukraine. The stunning decline of the currency sparked a televised meltdown this week among Kremlin allies.
remlin propagandist Vladimir Solovyov, who is often seen as a mouthpiece for President Putin, demanded an explanation from the Russian Central Bank for the crash.
The furious TV host remarked that Russia was now a subject of global ridicule.
He said: "They are laughing at us abroad, at our ruble being one of the three weakest currencies."
Meanwhile, one British pound is worth a stunning 126 Rubles, as of writing.
The pitiful dollar exchange rate is the Ruble's weakest level in 16 months.
Mr Solovyov told viewers on his popular Russia-1 programme: "The bloody Central Bank, which has alarmed the whole country and isn't even explaining why the hell the ruble exchange rate has jumped so high.
"Thanks to the 'genius' policy of the Central Bank which despises the people so much that it won't even say a single word to them about what it's doing!"
He turned to his country's politicians, saying: "Have you not noticed the exchange rate we have in the country?
"Have you sent even one request to the central bank? So these people come and explain to people what is going on?"
He warned that the inflation rate could peak during President Putin’s re-election campaign, with a vote scheduled for next March.
(Excerpt) Read more at express.co.uk ...
But arrogant people here told me the Russian economy is stronger than ever.
It is not.
Putin is a disaster.
Luckily the Ukrainians have serious people who fight war, not childish jokers.
350,000 of those “serious Ukrainians” you mentioned have become hamburger 🍔. Congratulations, Neocon!
A few hundred thousand less, as the press-ganged Ukie teenagers are thrown onto the conveyor belts to the Eastern Front meatgrinders...
Be sure to pick out the artillery shrapnel.
Cookies is looking forward to teenage African burger, next.
go sell crazy someplace else
“But arrogant people here told me the Russian economy is stronger than ever. It is not. Putin is a disaster.”
And so now Russia is NUMBER 5, in PPP, per the World Bank Ma’am, even passing GERMANY (the country we just crippled, so no surprise). Any other dirt you might have?
https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD?most_recent_value_desc=true
I agree that the true believers in the Ukraine are crazy, and with your contention that Russia has everything that it needs.
And after all the money we’ve printed...
But . . .
But . . .
Isn’t he going to back his new currency with Gold?
Or is it bytes?
On the other side of the propaganda coin every Ukrainian trooper and armored vehicle has been killed at least twice. Maybe more.
It’s all propaganda.
Eh, by then, the Ruble will be a dime a dozen...
The focus on Russia and the ruble is standard neocon gas-lighting and telling only a small part of the story. All the hallmarks of cheap propaganda.
Look at USD vs. all world currencies so far.
There is long-term USD strength, due to Fed tightening and especially shrinking USD money supply. Its clearly affecting BRICS currencies equally, but also is similar vs. other G-7 countries. Russia is not an outlier.
USD vs. Brazil Real - US Dollar within 10% of 30 year high
USD vs. Indian Rupee - US dollar at 25 year high
USD vs. Chinese Yuan - US dollar close to 15 year high
USD vs. Euro - US dollar within 10% of 20 year high
USD vs. Japan yen - US Dollar within 2 yen of a 30 year high
I believe they just sent dishwashers to the moon, per Von der Leyen
doesn’t matter who reports this: the MASSIVE collapse of the ruble is an UNDENIABLE FACT!
https://www.exchangerates.org.uk/RUB-USD-exchange-rate-history.html
It is true the dollar has been very strong, but also true that the ruble has been very weak, and not just against the dollar.
Ruble vs Rupee
https://www.xe.com/currencycharts/?from=RUB&to=INR
Ruble vs Yuan:
https://www.xe.com/currencycharts/?from=RUB&to=CNY
So it seems that you are the one who is peddling propaganda.
Kudos on the simple observation.
$32,698,837,251,456.00 and rising rapidly.
That is a fascinating statement. Let's amplify, since others fight wars as well.
"Luckily the Ukrainians and the Russians have serious people who fight war, not childish jokers."
Still happy with the formulation of your rhetoric?
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