Posted on 03/01/2022 4:10:02 PM PST by marcusmaximus
Moscow is a proud city, but the harsh realities of Putin's war are steadily coming home here.
On a multitude of fronts – from the economic to the political – the blowback from Russia's military adventures hundreds of miles away in Ukraine are now being felt in this sprawling capital of almost 12million people.
-snip-
Well-educated and westernised Russians are often the most worried about the immediate future – and they have the most to lose in hard currency savings, foreign holidays, cars and clothes.
Long queues have formed outside banks and in currency-exchange booths, as the value of the rouble has collapsed by 40 per cent.
Branches of some banks in central Moscow have posted signs in their windows warning they hold no more hard currency.
For the first time since the collapse of the Soviet Union more than 30 years ago, an unofficial black market in dollars has sprung up, with one exchange office on Smolenskaya Square quoting 160 roubles to the dollar – well above the official rate of 119.
(Excerpt) Read more at dailymail.co.uk ...
Feel the pain?
Like gas prices doubling?
Food prices way up?
Inflation at 15%
New cars selling $20,000 over sticker?
Wait, there’s no bombs falling on them? No tanks in their streets?
This is hilarious. Until the resulting blowback hits our rickety economy. Energy costs will skyrocket. Everything downstream of that will go up like food. And more nightmarishly, it’s one step closer to the demise of the dollar.
The flip side of the petrodollar as a global standard is that everyone had better be able to operate in it.
Everyone here should buckle their seatbelts for the rough economic times ahead. Slow Joe and the Ho have both made speeches as to how tightening our belts is our patriotic duty to protect DCs Ukrainian corruption machine.
ah, the ‘trickle down’ effect.
Get uncomfortable, all you wealthy Russians. Experience what we minions feel every day.
And, there’s a STarbuck’s. They can sip on $10 coffee while waiting in line.
‘’We’ll live through this one. We’re not afraid of the West: let them do their worst. Russians always stand for what’s right.’ “
Wow!
You’re exactly right.
Won’t be long before long lineups at North American ATMs as the Daily Mail and the WEF gloat…
Putin invaded Ukraine. If he didn’t invade Ukraine, we’d only have to deal with Dementia Joe for another 2 years until Trump’s back in office.
Putin’s defenders will say that life is still better than in the 90’s after the USSR collapsed. They actually have consumer goods and cars now. They didn’t have them then. When the bodies start coming home, and the POW’s get announced to their families, then maybe things will change.
It wasn’t that long ago that us Canadians realized the same type of gloating… “we can shut down your finances and seize your property at any point, when you dissent”
Heck, they just began. I think the real sanctions are on the US.
This economic war is like lighting a prairie fire to burn your neighbor down. You better hope for that shift in the wind that turns it your way.
Our economy is on for too shaky of a foundation to play such idiot’s games.
There are so many ways this can go wrong. Russia decides the hell wit it and stops all gas and oil exports except to China. The BRICs and others decide depending on the dollar is too dangerous and launch a gold backed trade currency.
This is not well thought out, and the people launching it WANT to collapse the dollar.
I have a feeling a year from now we will be wishing for the happy economic times of today.
“Effect”, not “affect”
I r joornulyst.
CC
My light bill was jacked over $100 this month. 🤬
MarxistMaximus, the “Great Reset Warrior”, has collected all of the NWO globalist propaganda together and spit it out here on FR for us to enjoy!
What does tasty snack of lies!
gold rose to usd 1940/oz today
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