Posted on 02/27/2022 10:03:19 PM PST by Berlin_Freeper
The value of Russia's currency has plunged to an all-time low after Western nations imposed new sanctions on the country for its invasion of Ukraine.
The rouble was down nearly 30% against the US dollar at one point, dropping as low as 119 per dollar in early Asian trading, passing its previous low of 90 roubles per dollar.
(Excerpt) Read more at news.sky.com ...
Erdogan finally looks good compared to another European leader.
With the morning rate, just $12k makes you a Russian millionaire in Rubles.
Once Putin is out of the picture, get ready for Erdogan to take his place.
You think Erdogan is going to take control in Russia?
What I mean is he will step up to be the next baddie. He’s just waiting for Putin to go down and Russia weakened. He’ll make his move to rebuild The Ottoman Empire.
We are the biggest debtor nation on earth. The WEF globalists behind all of this keep talking about a great reset in America. This collapse sounds really fun and everyone is enjoying it. But remember, there are a lot of people who would not be sad to see the dollar lose it’s reserve status... and we may see a crash like this at home faster than anyone can imagine.
Be careful what you wish for. All because pigface Biden had a corruption machine in Ukraine and we couldn’t simply assure Russia that we would not invite Biden’s ATM into NATO.
Right now our money-printing inflation is being absorbed by foreign nations who hold our dollars.
Once the dollar is no longer a reserve currency, inflation in the U.S. might hit Third World levels.
‘We are the biggest debtor nation on earth.’
Relative to GDP, Japan has way more debt than us... and no inflation.
https://worldpopulationreview.com/countries/countries-by-national-debt
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