Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

The Ruble Swoons And Russia's Economy Wobbles Further
Radio Free Europe ^ | 12/6/2024 | Mike Eckel

Posted on 12/11/2024 6:40:24 AM PST by marcusmaximus

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-33 next last

1 posted on 12/11/2024 6:40:24 AM PST by marcusmaximus
[ Post Reply | Private Reply | View Replies]

To: marcusmaximus

The whole Russian economy is about to tank hard unless Putin leaves Ukraine


2 posted on 12/11/2024 6:52:55 AM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasFreeper2009

RUB/USD currency chart, for perspective.

https://www.xe.com/currencycharts/?from=RUB&to=USD


3 posted on 12/11/2024 7:02:51 AM PST by vikingd00d (chown -R us ~you/base)
[ Post Reply | Private Reply | To 2 | View Replies]

To: marcusmaximus

“I see these prices, my eyes get wide” said the man paying $82 for a bag of groceries at Kroger.

They do have Kroger in Russia, right?


4 posted on 12/11/2024 7:09:57 AM PST by packagingguy
[ Post Reply | Private Reply | To 1 | View Replies]


5 posted on 12/11/2024 7:13:21 AM PST by Who is John Galt? ("...mit Pulver und Blei, Die Gedanken sind frei!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasFreeper2009

I understand.
I am trying to read tea leaves here and predict Putin’s moves.
Are the Ruble woes and inflation caused by the invasion and the West’s sanctions?
If yes, does Putin giving up and leaving Ukraine automatically remove the sanctions?
How fast would their economy improve?
And, how bad does it have to get for the average Russian for their pain to influence Putin’s decision making?
So many questions.


6 posted on 12/11/2024 7:15:02 AM PST by desertsolitaire ( Lee Harvey Oswald and the Bands final performance)
[ Post Reply | Private Reply | To 2 | View Replies]

To: marcusmaximus

Eggs $3.97/dozen

Walmart
Osprey, FL
USA


7 posted on 12/11/2024 7:16:12 AM PST by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus
“I see these prices, my eyes get wide,” said one retired history teacher who lives in St. Petersburg and tries to get by on a 19,100-ruble ($187) monthly pension.

The weather in the other St. Petersburg is much better, but the prices are much worse; at $187 a month s/he would be in a homeless shelter or in a park, eating at Metropolitan Ministries.

8 posted on 12/11/2024 7:22:09 AM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

“eggs, potatoes, or butter”

These are all domestic products.

The Russian chickens don’t give a cluck about the Ukraine/Russian war.

The Russian cows don’t give a moo or a boo about the Ukraine/Russian war.

A recent comment here on FR:

“the current median house price in Fairfax County [near DC] is $765K”


9 posted on 12/11/2024 7:23:41 AM PST by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: Who is John Galt?

$187 monthly pension not stronk.


10 posted on 12/11/2024 7:24:26 AM PST by marcusmaximus
[ Post Reply | Private Reply | To 5 | View Replies]

To: TexasFreeper2009

I think ours is tanking pretty hard too. We haven’t had to lock up the butter and dairy yet but the stores are definitely caging up the power tools now, and watch the baby food aisles like hawks because of the thieving by criminal resellers.


11 posted on 12/11/2024 7:31:42 AM PST by piasa (Attitude adjustmilents offered here free of charge)
[ Post Reply | Private Reply | To 2 | View Replies]

To: marcusmaximus

12 posted on 12/11/2024 7:34:53 AM PST by Who is John Galt? ("...mit Pulver und Blei, Die Gedanken sind frei!")
[ Post Reply | Private Reply | To 10 | View Replies]

To: marcusmaximus

As for potatoes, Putin could raise the tax on vodka and subsidize potatoes.

Poverty is the norm for most Russians and tens of millions of Americans, year after year.


13 posted on 12/11/2024 7:36:46 AM PST by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

“butter”

The price of olive oil shot up in the EU.


14 posted on 12/11/2024 7:39:28 AM PST by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

price of a dozen eggs at Aldi

once $1.07 under Trump

As I recollect $3.96 under Biden now


15 posted on 12/11/2024 7:41:27 AM PST by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

Russia will not lose the Ukraine war, or leave the war, because of inflation and GDP growth and inflation. I don’t believe that will break the war effort.

Russia will have to leave Ukraine when it runs out of vehicles and equipment to prosecute the war. Then, they will have to make a hard decision. The Ukrainians have a manpower shortage, but equipment and artillery are reaching the front now. The Russians have no people shortage, but are running out of Tanks/APC’s and equipment, and potentially artillery. The Russians have been pushing hard to take ground for negotiations, as they cannot ‘win’ the special military operation at this point.

Peace would be best for everyone, but I suspect that Biden is making sure that the Ukrainians will have everything they need for 2025 summer offensive. That’s going to embolden the Ukrainian side, to take territory for negotiation.

Putin doesn’t want to ‘negotiate’ a settlement, he might be more willing come the fall of 2025.


16 posted on 12/11/2024 7:50:29 AM PST by Pete Dovgan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Allegra; AndyJackson; ANKE69; bimboeruption; Candor7; Carriage Hill; C210N; Cold_Red_Steel; ...
Honey Quick!!

ZEEPER FOLLIES PINGLIST!
(((PING!)))

17 posted on 12/11/2024 7:52:04 AM PST by aMorePerfectUnion (🦅 MAGADONIAN ⚔️ LIFE )
[ Post Reply | Private Reply | To 1 | View Replies]

To: marcusmaximus

I’m back in the U.S.S.R
You don’t know how lucky you are, boy
Back in the U.S.S.R


18 posted on 12/11/2024 8:08:31 AM PST by Lonesome in Massachussets
[ Post Reply | Private Reply | To 1 | View Replies]

To: aMorePerfectUnion

Any moment now Ruzzia will collapse and be annexed by YouCrayne.
The laughs get better.


19 posted on 12/11/2024 8:45:42 AM PST by tennmountainman ( (“Less propaganda would be appreciated.” JimRob 12-2-2023 DITTO)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Brian Griffin
Eggs here where I live in Russia, .72 - 1.00/dozen (Russian dozen = 11 eggs).

Although, we don't need to buy them, nor, butter, chicken, beef, goose, duck, vegetables, etc. We get all that from my in-laws who raise and grow their own stuff.
My only complaint about the above is, I need to teach them how to slaughter next year's cow so I can get my prime cuts out of it. But if I'm in the mood for a nice juicy steak, I can get one at the store for about 2.00.

20 posted on 12/11/2024 9:23:45 AM PST by StayoutdaBushesWay (Trust in the Lord with all your heart, and lean not on your own understanding...)
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-33 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
General/Chat
Topics · Post Article

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