Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

RUSSIAN Ruble COLLAPSE Continues Against US Dollar, Euro, Yuan & Rupee as Russian Economy Crashes
https://www.youtube.com/watch?v=EtkSKB1pFaU ^

Posted on 09/09/2023 6:36:52 PM PDT by USA-FRANCE

(Video) - Russia's Invasion of UKRAINE has caused Major Problems for the Russian Economy as Trade with Europe & the West has collapsed and Changes to the Global Supply Chain caused by the SANCTIONS have caused further problems. The value of the Russian Ruble has COLLAPSED over the past 12 months. On 14th August the value of the Ruble fell to more than 100 against the US Dollar for the FIRST TIME IN HISTORY. As a direct result the Russian Central Bank called an Emergency Meeting and Hiked Interest Rates by 350bps to 12.0%. The immediate result was an increase in the value of the Ruble however over the past 2 weeks the value has started falling again and is now heading back towards 100 to $1. In this video I discuss this issue in more detail and the implications for the Russia Economy & its population.


TOPICS:
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-84 next last
To: Jonty30
How was life in the 1950’s in America, when America also lacked 21st century technology.

Uh??? Check your history.

The whole world was lacking in technology, especially after WW2.

America became the technological center of the world, right after WW2 and up to now. The whole world became dependent on what American ingenuity produced. The world still depends on the U.S., including (believe it or not) China and Russia and even Europe. There is hardly anything that made the world better in the 20th century that Americans didn't have a hand in. And, it's American ingenuity that won WW2.

You need to go back in history and study up.
61 posted on 09/10/2023 5:30:51 AM PDT by adorno
[ Post Reply | Private Reply | To 25 | View Replies]

To: adorno
And, it's American ingenuity that won WW2.

That and buttloads of manufacturing capacity.

You can't have ingenuity if you don't have engineers, tool and dye makers, and mechanics having lightbulbs going on over their heads, and if you don't have manufacturing, you don't have as many engineers and mechanics.

Today's equivalent would be in the field of robotics. South Korea and Japan are leading in this regard.

62 posted on 09/10/2023 5:37:25 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
[ Post Reply | Private Reply | To 61 | View Replies]

To: Antioch
Russia together with BRICS+ is going to be just fine. They embody E Pluribus Unam far more than the corrupt, tribalized indebted hellscape America has become. Unlike us, Russia is not losing influence and allies everywhere in the world-in fact they’re feted in the Middle East,

You're believing the hype, but that BRICS (really more like CRIBS) nonsense is way overrated, and all of those economies involved in the group, are suffering downturns that are higher than what America is going through. They can't replace the dollar or the U.S. and its allies. The CRIBS alliance is based on smoke and mirrors, especially when the biggest member of that alliance is very dependent on what the U.S. does with them, As America goes, so does the world, and it's not Chinese ingenuity that can lead the world, since their 'ingenuity' comes from what they've stolen from the U.S. China is big, but only in population. Russia is big, but only in land. The other members are not worthy of being mentioned.

America has its problems, but those can be overcome by displacing the current democrat party dumb leadership that has the country reeling, for no good reason. All of the reasons that democrats provide for what they do, are fabricated. It just takes good leadership to undo that harm and get back to being the leader that America has been.

So, Russia is in deep doo-doo and they have no real solution for getting out of it, other than calling it quite and getting the hell out of Ukraine.
63 posted on 09/10/2023 5:42:06 AM PDT by adorno
[ Post Reply | Private Reply | To 24 | View Replies]

To: Jonty30

It seems you have lost interest in the Russia topic I addressed.


64 posted on 09/10/2023 5:45:43 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
[ Post Reply | Private Reply | To 60 | View Replies]

To: Sirius Lee
South Korea and Japan are leading in this regard.

Yes, but, a lot of what they do is manufacturing, after getting the blueprints from the U.S. The chips can't be made without the engineering that went into designing them. China has also made its name by being a production center, but, what it uses for production came from American ingenuity (example: the Apple chips were designed in the U.S.).
65 posted on 09/10/2023 5:47:13 AM PDT by adorno
[ Post Reply | Private Reply | To 62 | View Replies]

To: AlaskaErik
Go watch YouTube videos of price checks in a Russian supermarket.

A comparison between what you can buy for 100 rubles in Russia and what you can get for 1 dollar in the US would be interesting...

66 posted on 09/10/2023 5:53:03 AM PDT by mac_truck (aide toi et dieu t'aidera)
[ Post Reply | Private Reply | To 30 | View Replies]

To: USA-FRANCE

https://soundclick.com/share.cfm?id=14652523


67 posted on 09/10/2023 6:03:00 AM PDT by aces (and )
[ Post Reply | Private Reply | To 1 | View Replies]

To: adorno

America has its problems, but those can be overcome by displacing the current democrat party dumb leadership that has the country reeling, for no good reason. All of the reasons that democrats provide for what they do, are fabricated. It just takes good leadership to undo that harm and get back to being the leader that America has been.

Unfortunately a good portion of the public is too ignorant and dumb to makes this happen. I wish it would, but that’s nothing but wishful thinking.


68 posted on 09/10/2023 6:04:52 AM PDT by Saintgermain
[ Post Reply | Private Reply | To 63 | View Replies]

To: adorno

I understand that. How was life in the 1950’s?
Was it good?


69 posted on 09/10/2023 6:33:00 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
[ Post Reply | Private Reply | To 61 | View Replies]

To: ansel12

Your position seems to be that the globalists will want the smart Russians, even though they have said through their actions that they want all white people dead.

You are being as naïve as the average American was in 1950 about his government. If they want white people dead, they aren’t going to care about the smart ones.


70 posted on 09/10/2023 6:34:40 AM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
[ Post Reply | Private Reply | To 64 | View Replies]

To: adorno

This China as primitive peasants thing also needs an update. It’s supreme neocon cope to believe that China “stole the plans” for the high speed Acela trains between NYC and Washington (actually built by France and the Canada) and somehow used that to build their current 25,000 mile network of 200 mph bullet trains currently honeycombing the country.


71 posted on 09/10/2023 6:50:07 AM PDT by Antioch (Against stupidity even the Gods struggle in vain….)
[ Post Reply | Private Reply | To 63 | View Replies]

To: Jonty30

Position?
I simply posted this back before you went off into the wild blue yonder.

To: Jonty30
“””I think Russia would be fine if it developed 1950’s level standard of living.”””

I understand what you are thinking but the best of Russia’s young and creative people and the accomplished and advanced people would not want to live in and devote their lives and energies to a frozen, stagnant society when so many cutting-edge countries with large budgets and investment opportunities and high standards of living are begging for them and offering them the paths to test their potential to the limits.
Russia would have to resort to forcing their best to stay, just as in the past, the world would not be allowed to tempt them away.
45 posted on 9/9/2023, 9:58:51 PM by ansel12


72 posted on 09/10/2023 6:51:59 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
[ Post Reply | Private Reply | To 70 | View Replies]

To: USA-FRANCE

73 posted on 09/10/2023 6:53:59 AM PDT by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: adorno

Maybe you haven’t heard of BRICs. 😉


74 posted on 09/10/2023 7:48:44 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Georgia Girl 2


Pay attention.

I commented on BRICS (CRIBS, really) in this and many other threads. CRIBS, like I said before, is way overrated, being led by communist countries and lacking the REAL strength to make things happen for member countries and other countries. But, you can go ahead and continue to believe that communism is the way to go. Let me remind you again: communism is what they're about. CRIBS or BRICS will not last long; not when communism is how they 'grow', but their growth is dependent upon how the non-CRIBS countries allow; iow, trade and commerce is what those communist countries depend on, and if that dries up or slows down, the CRIBS will crumble.

So, tell me, what is the last country or government that succeeded under socialism/communism on their own? China, for example, is dependent upon the capitalist countries for their success. Take that away, and CRIBS is done, especially China and Russia.
75 posted on 09/10/2023 8:13:33 AM PDT by adorno
[ Post Reply | Private Reply | To 74 | View Replies]

To: Antioch
This China as primitive peasants thing also needs an update.

No it doesn't.

China still has one of the poorest per-capita populations in the world That's over a billion people living in poverty. Whatever 'success' China has had, came as a result of investments by U.S. and other western countries. Before the west expanded trade with China, it was a basket case, and for the most part, they still are. Trains and technology and whatever other advancements, came by way of the U.S. and other countries. Take that away, and China goes back to being a non-player on the world stage. A communist regime cannot succeed without working with the non-communist world.
76 posted on 09/10/2023 8:20:22 AM PDT by adorno
[ Post Reply | Private Reply | To 71 | View Replies]

To: adorno

Are you aware that Russia outlawed communism years ago? BRICS isn’t about communism. Most of the BRICS members are not communist.

The Central banking system however totally is about communism/totalitarianism/fascism. It has to go in order to free us all from the NWO that’s been ruling the world for centuries.

Soon we will all be on a new economic system. QFS or BRICS or whatever they finally decide to call it. The US and Europe will all soon be on this system. All currencies will be backed by gold, silver. The US dollar is being replaced by the US note and will be backed by gold.

What do you think Star link is all about?


77 posted on 09/10/2023 8:28:39 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
[ Post Reply | Private Reply | To 75 | View Replies]

To: Georgia Girl 2
Are you aware that Russia outlawed communism years ago? BRICS isn’t about communism. Most of the BRICS members are not communist.

Communism is outlawed, just like rioting and looting is outlawed in the U.S. Does that help any?

Besides, Russia is irrelevant in the CRIBS alliance, since they're very small economically and don't contribute much, other than in name recognition. China is the 'power' in that community, and guess what? China definitely is communist and they control the whole alliance. Like I said, communism has never succeeded anywhere it's been tried, or anytime it's been tried. BRICS or CRIBS might as well be call "CHINA' or the CCP alliance, since all the others are irrelevant.

CRIBS without China is dead, and communism cannot succeed, therefore, there will be no CRIBS in the future, nor in YOUR future. Try something real, since CRIBS is nonsense. It's a partnership of ONE.
78 posted on 09/10/2023 11:46:15 AM PDT by adorno
[ Post Reply | Private Reply | To 77 | View Replies]

To: adorno

At this point approximately half the world’s population is decoupling from the central banking system. Soon and you heard it here first I expect Germany to entertain joining BRICS. Germany is the EU. As goes Germany so goes the EU. The petro dollar is on its last gasp as is the western central banking system.

Likely the QFS is running parallel in the background to the Swift system right now. Everything is changing and rapidly. We are not moving to a Federal Reserve digital currency. We are moving to a gold backed currency.

You’re too hung up on communism and China. CCP senior leaders are disappearing faster than donuts in a cop shop.


79 posted on 09/10/2023 1:57:21 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
[ Post Reply | Private Reply | To 78 | View Replies]

To: Georgia Girl 2
At this point approximately half the world’s population is decoupling from the central banking system. Soon and you heard it here first I expect Germany to entertain joining BRICS.

Germany may join, but only "just in case', and not because it's any good for them.

Like I keep saying, and you continue to be in denial about, CRIBS is based on following China, and China is a communist country, which is also seeing a huge slowdown of its economy. FACT is that, whatever is happening with the U.S. and Europe now, does not compare to the huge downfall which China will be seeing shortly. Remember that, communism always fails and anyone that follows a communist regime, will also fail.

China is not a healthy economy, and neither is Russia. While the U.S. is also suffering a downturn right now, it is still the biggest economy in the world, and when it comes to communism vs capitalism, guess which one always fails. I'll give you a hint: not the capitalist system.

Still in denial? Okay, see me in 5 years and I'll be pointing my index finger right at your face saying: "I told you so!".
80 posted on 09/10/2023 3:22:27 PM PDT by adorno
[ Post Reply | Private Reply | To 79 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-84 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson