“are doing even MORE damage to western economies than they are doing to Russia.”
That is false
Right now, Russia is experiencing runaway deflation, due to lack of enough continuing economic activity that actually benefits the people. There is an inverse supply shock as a result of Russia literally eating itself up economically
On May 9th it was announced that ATMs have run out of cash.
The Ruble is being propped up by Russia spending their shrinking reserves to buy it, and by severely limiting the trade in other currencies within Russia. And by requiring profits from companies that are working in Russia to be converted to 80% Rubles, whether the companies want to do that or not. But all of this can only go on for a while, before it falls apart. Keep in mind, there is a certain level that the Ruble may trade at, because Russia is working so hard to prop it up, and then there is the level of what the Ruble is actually worth, and that is considerably different
The Russian stock market remains up simply because Russia is not allowing foreign investors to sell their shares and ownership of stocks in the market. Again, if you can’t sell it, it LOOKS like it is still at the same price, but it’s actual worth is much lower..
Get back to me in 8 months or so when all of Europe is in a full blown economic depression, and our gas price is $8-$10 a gallon.
Currency traders aren’t fake and dumb, like the globaloid propagandists selling us wagon loads of Ukrainian HORSESHIT.
Why do you, and a handful of other ranters, rush into every single one of these threads, babbling and parroting bull***.
I would normally say STFU and go weep in the corner, but I like watching you people squeal - like the nasty racoon I shot last night.