aftershavedave
Well-known member
In that yahoo graph above, the cliff-edge recoveries are presumably interventions, which are not working
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[Politics] Russia invades Ukraine (24/02/2022)
- Thread starter vegster
- Start date
Surport Local Team
Well-known member
- Jan 5, 2011
- 716
What's great it's the same looking graph verses indian rupee, chinese yuan and euro. So all the oligarchs can not be happy as they watch there wealth drop significantly lol 
happypig
Staring at the rude boys
Knowing little of these things, is there a point at which the Russian economy suddenly collapses or is it a slow, inevitable decline ?
beefypigeon
Well-known member
- Aug 14, 2008
- 974
Great video, thanks for sharing!
- Aug 24, 2020
- 7,144
That's the $64 million question.
Or the 64 billion, trillion, decillion ruble question.
aftershavedave
Well-known member
It collapses when market forces continue to drive down value and the Russians (or allies) can't afford to support. That's when things get interesting, and the slide will accelerate in that scenario, but at the moment it's pulled back again. Interesting to see what happens next
Surport Local Team
Well-known member
- Jan 5, 2011
- 716
If anyone has doubt if putin would want more, he is doing the exact same play book in Georgia. Take some land then the rest if it at later date. He thought he would take ukraine in a couple of weeks then Georgia, Moldova etc
Mackenzie
Old Brightonian
It won’t help his war effort, any weapons he imports have got 8% more expensive in the past few hours. The powerful oligarchs are losing wealth at an alarming rate, the Russian population will be finding that food will be more and more expensive in the shops. It increases the pressure on Putin from within Russia.
It'll often just be like a standard commodity, where people will think it's fallen enough and may recover a bit. Things rarely fall without any bouncing back along the way.
aftershavedave
Well-known member
Yes, I agree but those recoveries are fairly sudden. Things have stabilised a little for now, maybe 115 was a redline
It wasn't just going to fall infinitely today, so at some point it had to stop.
GoldstoneVintage
Active member
Why does the bullshit, blatant propaganda claim that Biden is planning to give nuclear weapons to Ukraine being repeated in the mainstream media?! I hate the uncritical way that so-called journalists basically say 'Putin says...' and call that news. 
Agree totally. There's a difference between being objective in reporting and being stupid...and a lot of our media don't get that.Why does the bullshit, blatant propaganda claim that Biden is planning to give nuclear weapons to Ukraine being repeated in the mainstream media?! I hate the uncritical way that so-called journalists basically say 'Putin says...' and call that news.
Mackenzie
Old Brightonian
109 to 113 in a couple of minutes. Really wild swings at the moment.