it's not good, but when you benchmark it against developing market currencies that export oil it's well within the range of the past year. Look at the Nigerian Naira or Angolan kwanza. But I guess my saying that sort of proves the point, if that's what it needs to be compared to!
As someone who is most certainly not an economist, I’ll ask what are the implications of the ruble dropping so low?it's not good, but when you benchmark it against developing market currencies that export oil it's well within the range of the past year. Look at the Nigerian Naira or Angolan kwanza. But I guess my saying that sort of proves the point, if that's what it needs to be compared to!
That provides a lot of insight. Thanks. I hadn’t thought of it in terms of how the economy is affecting day-to-day life beyond the big cities. Could we be headed towards another Russian revolution if Putin continues this suicide mission?
I don't think the organisational infrastructure exists for a revolution. The higher probability option is that someone or some group within the inner circle overthrows him, and he's quietly forced aside but left unharmed. After the Wagner group mutiny it has become apparent that support within the army, security services and inner circle is less strong that previously assumed. I imagine that right now you have a lot of wolves sniffing around trying to figure out who's loyal and who's willing to risk it for more power. At some point that will stop, and lines will be drawn and moves will be made. The lower probability event is that some of the republics from the far abroad take the chance to break away from Russia. That wouldn't be revolution but civil war. And there are terrifying global implications. I suspect this is one of the main reasons China has taken the stance it has. That sort of instability does no one any good, least of all Russia's giant neighbour... China.
That’s true about generals in skirts. That kind of nonsense is a bad sign for the west. Also true about Russian people unified. All people oppressed by tyrants are united under the jackboot…
Let's all be real here. NATO have been expanding eastwards towards Russia a long time now and Russia told them back off or we'll invade. Don't cod yourself to think the US wouldn't do the exact same thing if China or Russia started putting bases all around Mexico encircling with the capability to hit them from multiple angles. NATO were warned and now much of the world is paying for their stupidity and stubbornness.
Let’s be equally real here: free countries are entitled to join NATO, the EU and any damn thing they want to. And they did.
You're aware Boris Johnson Biden's puppet flew over to Kyiv to tell them not to sign a peace deal and that this could all have been avoided if not for Biden, right?
It all should have been avoided if the vicious backward thinking tyrant had stayed in his own back yard.
Like who. Biden? Doesn't get much worse admittedly. The US together with the UK blew the living shit out of Iraq based on a lie. Putin is nothing compared to them. They absolutely LOVE war. The US are arming Israel to the teeth to help with their leveling of Gaza. They have no morals.
