Oil up 20% in the last four months-ruble still in the toilet.
hint-it takes 20% more rubles to buy same amount of oil-it should be higher.
Things are still going swimmingly for Vlad.
“ Oil up 20% in the last four months-ruble still in the toilet.
hint-it takes 20% more rubles to buy same amount of oil-it should be higher.
Things are still going swimmingly for Vlad.”
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Nobody here cares what happens in Russia. The only thing I care about is that NO MORE AMERICAN TAXPAYERS’ MONEY SHOULD GO TO SUPPORT UKRAINE.
USA $3.85/gallon
https://www.globalpetrolprices.com/gasoline_prices/
You know Russia is a net EXPORTER of oil right? They produce more oil than they can even use! Higher oil prices mean more oil reevenue for Russian sales to India, Iran etc
To ordinary Russians their money is better than your dead oetro dollars.
Another general said it costs 8,000 for one 155mm shell for Ukraine. That cost was 2,000 3 years ago.
When Brics goes on the Gold Standard... watch the dollar pivot to Bitcoin.
The Ruble has been more or less decoupled from the price of oil for a while now. This isn’t the old days when the two moved in tandem, because oil dominated Russian exports. These days the Russian economy is much, much more diversified.