You're a fool. The Russians are set to thrive in the near future. European nations have caved and are paying for oil in rubles, which is the reason the ruble is strengthening. That will NEVER change. Oil prices are likely to continue to rise and Russia is and will continuing to collect more oil revenue than before the war began for the foreseeable future.
Neocons aren't the sharpest tools in the shed. You deserved to be embarrassed for backing the Biden regime's idiotic strategy on all of this.
Oh yeah we are all dumb not a super financial genius like you. Yeah the Ruble is doing great. The Ruble is stronger than before and the world is beating their door down for Russian products right ??? You neglected to mention some of the games the Russians are doing to create demand for and inflate their currency…..20% interest rates, a requirement that any Russian company doing business overseas must convert 80% of their earnings into rubles, banning sales of Russian stocks and securities owned by foreigners and banning the conversion of rubles into Euros dollars or any other foreign currency. Yeah you are right Russia and the ruble are kicking butt, all those internal restrictions on their currency just show how strong they are even though if another country did those things it would be viewed by everybody as a desperate attempt to prop up their currency.
“That will NEVER change. (Europeans buying Russian oil with rubles). Oil prices are likely to continue to rise”
Everything changes, and Russia is likely to be hurt when it does. Europeans are on a fast track to stop buying Russian oil at all, and oil prices have historically swung from boom to bust.
While Europeans are rushing to buy oil from others, they are bidding up the price. When those contracts are signed however, a tipping point will eventually occur, as it always does, where prices will drop. Russia is going to be in a very bad position to absorb the next cyclical price swing (lower volumes, and inherently high costs to produce and transport).
Arguably, it was an oil price crash that brought down the Soviet Union.