Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jimwatx

Russia and China are police states ... they can (and do) manipulate they data to be whatever they want

so if you actually trust their numbers, that just shows how naive you are


31 posted on 06/28/2022 8:41:24 AM PDT by canuck_conservative
[ Post Reply | Private Reply | To 30 | View Replies ]


To: canuck_conservative

I purposely left China out because because of their financial opacity, but there’s no funny business with the ruble, and it can be used to purchase vital items like oil & gas. If anything the figure for the debt to GDP with Russia could be as low as 12% depending on what numbers are used. If it wasn’t for sanctions from the West, the current war and currency manipulation, one could easily argue objectively that the ruble should be worth way more than the dollar. It’s the value of the dollar which is artificially high.


32 posted on 06/28/2022 8:50:20 AM PDT by jimwatx
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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