Posted on 04/07/2023 8:28:17 AM PDT by marcusmaximus
The Russian ruble tumbled on Friday to the lowest levels against the dollar and euro since April 2022 in the face of a foreign currency crunch in Moscow and the sale of Western businesses in Russia.
-snip-
The rouble is the third-worst performer among global currencies so far this year, behind only the Egyptian pound and the Argentine peso, Reuters calculations show.
(Excerpt) Read more at tvpworld.com ...
Looking at ruble performance over the past couple years it looks like there was a spike in value and now it’s descending to its market norm of around 80 rubles to the US dollar.
Egyptian pound, Argentine peso and Russian ruble. Dedollarization in progress, no doubt. LMAO.
The sanctions are full of holes. Lots of western businesses and even banks still operate in Russia because Brandon’s handlers and the EU don’t want Russia to collapse. It’s easier for Democrats and the WEF EU to do business with Putin than what would be the remains of a broken up Russia.
Russian ruble, should be worth as much as the rubble the Russian bombs leave behind in Ukraine.
And, we can think the morons like you, Marcus, that supported this disastrous proxy war against Russia and all the dirty deeds that went along with it, like blowing the Nord Stream pipelines, for the decline in international respect that is result in de-dollarization.
Tell your Putin to cancel the Holy Lake mosque.
Long term The world is about to get hit by a demographic timebomb. Russia, China, Europe and many Asian nations.
This is going to change what currency is truly competitive. USA may luck out in this trend simply because we had really smart trade deals when Trump was president.
Wait for the Massive inflation and the Printing of “New Multicolored Dollars,” With “Heroic American People of color” on them. Smallest bill, the fifty, largest, the Million. Confederate Money will have more value.
More to the point, the seizure of assets of private Russian citizens “deemed” to support Putin was the red line where the “full faith and credit of the United States” was squandered. Sure, do it to drug kingpins and arms dealers and life goes on as before. But everything since Bubblehead Biden bragging about the yachts he stole, the movers and shakers of the world have realized that rather than the safe haven from capricious and corrupt government, the United States has become exactly that, and the Invisible Hand has been moving since.
Still have the same problem around the world. Whose currency will they use?
Russian Ruble?
Yuan?
ect. All governments have reserve currency problems.
“ Confederate Money will have more value.”
Have you seen the prices of original Confederate money these days ????
The cheapest notes are about $10-30 ea and the rarer notes can bring thousands of dollars from collectors.
How’s that BRICS thing working out for ya, Vlad?
De-Rubleization.
Copy Pasta Man showed up in the thread!
Putinists are big fans of his Holy Lake mosque appeasement of Islam.
Confederate Money will have more value.”
What is the Old saying? “Save your Confederate money boys, the South Shall Rise Again.” With all this talk of “National Divorce” It could come true. How? 1. Trump runs in 2024. 2. He is cheated out of a win. 3. States rebel. 4. Form a New Confederacy around Texas and Florida. 5. They appoint Trump as President of the CSA. 6. Biden orders his arrest for treason. 7. Invades Texas from New Mexico and the war is on.
But just wait until the ground freezes !!!11
Yes, winter is coming. And when it does, they will get what’s coming to them, by golly!
I have already converted all my savings into Rubles, only the neocons still use USD !!1
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