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 dont 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.
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. Apples Russian website halted online sales due to extreme fluctuations in the value of the ruble while we review pricing.
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 ...
Preppers’ PING!!
The question on everyone’s mind - does this lead to war?
They didn’t go to war when the Soviet Union collapsed,
but this is different.
bump
Russia: On Sale Now!
I don’t think war would help anyone
Yes, this is ‘different’. This is already a war, an economic war between the euphemistically named ‘federal reserve’ globalist banking oligarchs and those who do not want to sell their economies to these evil bastards. Watch for more bankers to ‘commit suicide’.
You dont but do they?
I watched the USSR collapse. 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. Wasn’t that they were paid in devalued currency, they just weren’t paid.
This time, the currency is still flowing but its value is shrinking.
Yes, I think this time it will lead to war.
good question, Mad Vlad probably thinks backwards
“I dont think war would help anyone”
Killing creditors and seizing others’ wealth is a recurring solution throughout history. Rarely works out well for most people involved, but is often the only available option.
Sounds like Germany in the early 1920’s; buy hard goods now for barter later.
He has already killed more Europeans than Al Qaida and
started wars in three countries - and he wasn't even mad
then.
A cornered little tyrant and madman can be a dangerous thing.
Interesting observation.
Might it be a ploy by the well-connected to collapse other fiat currencies, leaving the few gold (and other vital commodities) holders with the wealth?
They’re buying electronics. How many calories does an iphone have?
I think it could lead to war.
Oil is at the source of this; and where is all of the oil? The Middle East. Iran is hurting from the oil prices too, and they just happen to be allied with Russia.
With a depleted US presence in the region, maybe with help from Russia, Iran might take a notion to ‘acquire’ oil fields in Kuwait, Iraq, and Saudi Arabia. Syria may just join in for the fun of it, because they are allied with Iran and Russia. China could be looking at this with great interest as well.
This could get VERY ugly, and FAST.
This is what happens with phoney money, backed by the full faith of the federal government. It becomes valueless real fast.
Every since Obama became President I have been surprised that the Dollar buys what it does.
I see a scenario where Russia gives Iran a nuke and they, being the crazy bastids that they are,
light it off.
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