Russia begins invasion of Ukraine

Countries who are rising, like China, Brazil, India and others are lining up to do business with Russia.
Maybe that was true before the invasion, but they really screwed themselves here. Over 1,000 companies have stopped doing business with Russia
companies_graphic_vers_bmw_fiverr.webp


It's not like our aid to Ukraine is creating new enemies for us and new allies for Russia. Everyone knows who is right and wrong here, and Putins only allies are Belarus, Syria, Iran and North Korea. And as Frederick Kagan and Jeffrey Sonnenfeld says, once the war stops people aren't suddenly going to start doing business with Russia again. A lot of this is lost permanently.
 
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Maybe that was true before the invasion, but they really screwed themselves here. Over 1,000 companies have stopped doing business with Russia
companies_graphic_vers_bmw_fiverr.webp


It's not like our aid to Ukraine is creating new enemies for us and new allies for Russia. Everyone knows who is right and wrong here, and Putins only allies are Belarus, Syria, Iran and North Korea. And as Frederick Kagan and Jeffrey Sonnenfeld says, once the war stops people aren't suddenly going to start doing business with Russia again. A lot of this is lost permanently.


Lmfao.
There you go again with "well so and so Washington 'expert' says..."

But everything you say, everyone you reference and every opinion you give comes from the same tiny circle of people in Washington.

Fact is, none of them have been right about anything for a long time. Just look at the "sanctions"

The sanctions hurt the European countries more than Russia. Drastic enough that Washington literally sabotaged thier own allies energy pipelines to keep them from caving in and refusing to support the war. All those same 'experts' said the sanctions would "cripple Russia" and "starve out Putin".

Well that didn't happen, and key world economies told the Biden administration to stuff it up his ass and went into business with Russia. Key players like China, Brazil, India, even US 'allies' like turkey and South Africa are investing in trade deals with Russia.

Saudis are buying Russian oil and turning right around and selling it in NATO countries. For fucks sake France is still buying enriched uranium from Russia to fuel it's nuclear energy plants.

Again, you can crow up Washington propoganda all you want, it doesn't change the key takeaway here in economics. Washington cannot starve out Russia. They cannot. Despite all the woke companies pulling out, The fact remains Washington is not omnipotent and they cannot starve out or isolate Russia.

Just like the fact that they cannot beat the Russian military and drive it out of Ukraine. You can crow up all the bullshit you want and talk shit about how inadequate or whatever thier military might be and you can quote every Washington propoganda sources you can find. Russia is still winning and going to own what they want in Ukraine at the end of the day.

Hundreds of thousands of American people are homeless and many are starving. Our veterans are sleeping under bridges and eating out trash cans. Our cities are turning into cesspools of drug use and degeneracy.

Yet that same tiny circle of people you quote and praise over and over are driving us into bankruptcy financing endless foreign wars just like this.

Stop being so stupid. How is Washington going to rebuild what's left of Ukraine? Russia has most of the industrial parts and most of Ukraine worth having and the people in those areas support them. So what about the rest?

You think Washington can just print up a few trillion more worthless dollars and fix it all while our banks collapse?

You've truly got shit for brains.

It's time to make peace with the fact Washington doesn't rule the world anymore. Get to work rebuilding America and investing in American people
 
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Lmfao.
There you go again with "well so and so Washington 'expert' says..."

But everything you say, everyone you reference and every opinion you give comes from the same tiny circle of people in Washington.

Fact is, none of them have been right about anything for a long time. Just look at the "sanctions"

The sanctions hurt the European countries more than Russia. Drastic enough that Washington literally sabotaged thier own allies energy pipelines to keep them from caving in and refusing to support the war. All those same 'experts' said the sanctions would "cripple Russia" and "starve out Putin".

Well that didn't happen, and key world economies told the Biden administration to stuff it up his ass and went into business with Russia. Key players like China, Brazil, India, even US 'allies' like turkey and South Africa are investing in trade deals with Russia.

Yale economist Jeffrey Sonnenfeld addresses a lot of that here:

View: https://www.youtube.com/watch?v=QU0resswOds

3:00: Sonnenfeld says that the World Bank and others get their information from Russian state owned Rosstat. One little problem is that Rosstat has had a change of leadership 3 times. Why? Sonnenfeld says it’s because Putin is looking for lackeys who will state the invented data he wants stated.

3:30: As a member of the IMF and the World Bank, Russia is required to submit data to the IMF and World Bank. “They are not submitting.” They have no idea what Russia's imports and exports are or foreign direct investment. By the second quarter of 2022, Russia stopped submitting the data.

4:00: Putin wakes up in the morning and decides what the GDP should be.

5:40: Every key industrial sector is down. The auto industry is down 99%.

10:45: Ruble is not being traded. You cannot know the value of something you cannot buy. We are going off the value Russia tells us it is.

19:20: Because we've fixed the price of oil, it actually costs Russia more money to pump it out of the ground than they are selling it at. We wish Russia would sell more oil because they are selling it at a loss.

20:30: Russia’s economy is smaller than that of Chile.

23:20: Putin can’t sell natural gas to India and China because they cannot liquify it and they don’t have the pipelines he would need to send it in gas form.

25:25: The mayor of Moscow, until he was silenced, admitted in April that hundreds of thousands of idled workers “were in the streets with nothing to do.”

25:50: 3 million highly sophisticated workers have fled Russia.
 
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Yale economist Jeffrey Sonnenfeld addresses a lot of that here:

View: https://www.youtube.com/watch?v=QU0resswOds

3:00: Sonnenfeld says that the World Bank and others get their information from Russian state owned Rosstat. One little problem is that Rosstat has had a change of leadership 3 times. Why? Sonnenfeld says it’s because Putin is looking for lackeys who will state the invented data he wants stated.

3:30: As a member of the IMF and the World Bank, Russia is required to submit data to the IMF and World Bank. “They are not submitting.” They have no idea what Russia's imports and exports are or foreign direct investment. By the second quarter of 2022, Russia stopped submitting the data.

4:00: Putin wakes up in the morning and decides what the GDP should be.

5:40: Every key industrial sector is down. The auto industry is down 99%.

10:45: Ruble is not being traded. You cannot know the value of something you cannot buy. We are going off the value Russia tells us it is.

19:20: Because we've fixed the price of oil, it actually costs Russia more money to pump it out of the ground than they are selling it at. We wish Russia would sell more oil because they are selling it at a loss.

20:30: Russia’s economy is smaller than that of Chile.

23:20: Putin can’t sell natural gas to India and China because they cannot liquify it and they don’t have the pipelines he would need to send it in gas form.

25:25: The mayor of Moscow, until he was silenced, admitted in April that hundreds of thousands of idled workers “were in the streets with nothing to do.”

25:50: 3 million highly sophisticated workers have fled Russia.



"So and so Washington 'expert' (propagandist) says"

What a surprise.

Still doesn't change anything does it?

Lmfao
Russian workers are kicking out more weapons and ammunition than all of NATO right now. No way "Russian workers are sitting idle"
Get a fukkin clue

Russian oil and gas is being sold all over the world.

You're bullshit propoganda doesn't change anything. Stop parroting bullshit and use some common sense
 
Yale economist Jeffrey Sonnenfeld addresses a lot of that here:

View: https://www.youtube.com/watch?v=QU0resswOds


The same small circle of people in Washington you quote from over and over.

Demonstrably wrong on most of what they say and known liars. Almost all I f them.

These "economist's" are bankrupting Americans



3:00: Sonnenfeld says that the World Bank and others get their information from Russian state owned Rosstat. One little problem is that Rosstat has had a change of leadership 3 times. Why? Sonnenfeld says it’s because Putin is looking for lackeys who will state the invented data he wants stated.

Lmfao.

You think the Biden administration is not full of "yes men"?

How funny
3:30: As a member of the IMF and the World Bank, Russia is required to submit data to the IMF and World Bank. “They are not submitting.” They have no idea what Russia's imports and exports are or foreign direct investment. By the second quarter of 2022, Russia stopped submitting the data.

Why would Russia give a fuck what the IMF, a US controlled world monetary fund thinks about anything?

I'm pretty sure "Putin" at this point isn't doing anymore of his "homework" for the IMF.

That means exactly jack shit in reality


4:00: Putin wakes up in the morning and decides what the GDP should be.

So does Joe Biden.

American taxpayers are paying more for getting less everyday. But Joe Bidens handler's keep on praising themselves for the fantastic job they're doing securing the border and running the economy....

As Americans go broke buying groceries.


5:40: Every key industrial sector is down. The auto industry is down 99%.

How would they know that if Russia stopped reporting it?

Get your bullshit straight

10:45: Ruble is not being traded. You cannot know the value of something you cannot buy. We are going off the value Russia tells us it is.

Same thing with the US dollar ain't it? It's not backed by gold, or industry or anything else. It's simply worth whatever Washington decides it is on any given day.


19:20: Because we've fixed the price of oil, it actually costs Russia more money to pump it out of the ground than they are selling it at. We wish Russia would sell more oil because they are selling it at a loss.

How in the fuck would "we" know what they're selling oil for when they're not reporting it and neither are the people buying it?

Again, you're making yourself look stupid by contradicting your own horseshit.
"We," may think we can dictate the price of oil, just like the French aristocrats thought they could dictate the price of bread. But we all know how that worked out


20:30: Russia’s economy is smaller than that of Chile.

Okay, so tell me why they can make more military equipment and munitions than all of NATO, spend a fraction of what the US does on it and still get results we cannot control?

Then explain to me why the Russian military complex is more corrupt than our own when we spend astronomically more and get so much less.


23:20: Putin can’t sell natural gas to India and China because they cannot liquify it and they don’t have the pipelines he would need to send it in gas form.

Russia has been selling energy to India for years.

What the fuck are you talking about?


25:25: The mayor of Moscow, until he was silenced, admitted in April that hundreds of thousands of idled workers “were in the streets with nothing to do.”

Russia is out producing all of NATO combined in munitions and equipment.

Those workers must work really fast to be a fraction of the cost and out produce the competition by so much

Lmfao.

If that's the case why is Washington importing millions of Hispanic workers instead of Russians?

And if that's really the case, why did the last mayor of Moscows wife pay millions of dollars to Joe Bidens crackhead son?

Such an idiot... You're being played and your just too stupid to know it




25:50: 3 million highly sophisticated workers have fled Russia.

"Highly sophisticated"
lmfao .
 
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Seriously, your lack of education is showing here

"So and so Washington 'expert' (propagandist) says"

What a surprise.

Still doesn't change anything does it?
He lives in New Haven, Connecticut not Washington, teaches economics at Yale. He earned his AB, MBA, and PhD degrees from Harvard and may have connections there, but why make this conspiracy without proof? He's never held a position in Washington.

Russian oil and gas is being sold all over the world.
Sonnenfeld says it's being sold at a loss, not a profit.

Why would Russia give a fuck what the IMF, a US controlled world monetary fund thinks about anything?
The same reason he shut down all the independent press in Russia. He doesn't want anybody to know the true state of the economy but himself.

So does Joe Biden.

American taxpayers are paying more for getting less everyday. But Joe Bidens handler's keep on praising themselves for the fantastic job they're doing securing the border and running the economy....
If we're in a recession we don't hide it.

Same thing with the US dollar ain't it? It's not backed by gold, or industry or anything else. It's simply worth whatever Washington decides it is on any given day.
If you have Euros, Pounds, bitcoins or gold you can buy dollars with it right now. So you get an idea what it's worth. You can't buy the ruble right now.

How in the fuck would "we" know what they're selling oil for when they're not reporting it and neither are the people buying it?
I'm not an economist but the Centre for Research on Energy and Clean Air says Russia is losing an estimated €160 million per day due to the combined impact of the European Union's far-reaching oil embargo and the G7's price cap:

"Russian oil and natural gas revenues fell 46% in January from the same month last year, according to data from the Russian Ministry of Finance"

"Russia announced on Friday that it would cut its oil production next month by 500,000 barrels a day, or about 5 percent of its output"

I'm sure Sonnenfeld has other information from other sources. That's just what I could look up in a couple minutes.

How would they know that if Russia stopped reporting it?

Get your bullshit straight
Russia manufactured 3,700 cars in May, 97% fewer than the same month last year, the country’s statistics agency Rosstat said late Wednesday.

Okay, so tell me why they can make more military equipment and munitions than all of NATO, spend a fraction of what the US does on it and still get results we cannot control?
It doesn't cost very much to make artillery rounds. You just need the machinery and tools. We're working on getting it:

And Russia has an ammo shortage problem too.

Russia has been selling energy to India for years.

What the fuck are you talking about?
I'm talking about natural gas not oil. Russia doesn't have the capability to liquify it, so in gas form it can only be sent through pipelines. They don't have pipelines running to India or China, and the one going to Germany was disabled.

The price of natural gas is lower in Europe now than this time last year, so this hurt the Russians more than the EU.
 
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The same small circle of people in Washington you quote from over and over.

Demonstrably wrong on most of what they say and known liars. Almost all I f them.

These "economist's" are bankrupting Americans





Lmfao.

You think the Biden administration is not full of "yes men"?

How funny


Why would Russia give a fuck what the IMF, a US controlled world monetary fund thinks about anything?

I'm pretty sure "Putin" at this point isn't doing anymore of his "homework" for the IMF.

That means exactly jack shit in reality




So does Joe Biden.

American taxpayers are paying more for getting less everyday. But Joe Bidens handler's keep on praising themselves for the fantastic job they're doing securing the border and running the economy....

As Americans go broke buying groceries.




How would they know that if Russia stopped reporting it?

Get your bullshit straight



Same thing with the US dollar ain't it? It's not backed by gold, or industry or anything else. It's simply worth whatever Washington decides it is on any given day.




How in the fuck would "we" know what they're selling oil for when they're not reporting it and neither are the people buying it?

Again, you're making yourself look stupid by contradicting your own horseshit.
"We," may think we can dictate the price of oil, just like the French aristocrats thought they could dictate the price of bread. But we all know how that worked out




Okay, so tell me why they can make more military equipment and munitions than all of NATO, spend a fraction of what the US does on it and still get results we cannot control?

Then explain to me why the Russian military complex is more corrupt than our own when we spend astronomically more and get so much less.




Russia has been selling energy to India for years.

What the fuck are you talking about?




Russia is out producing all of NATO combined in munitions and equipment.

Those workers must work really fast to be a fraction of the cost and out produce the competition by so much

Lmfao.

If that's the case why is Washington importing millions of Hispanic workers instead of Russians?

And if that's really the case, why did the last mayor of Moscows wife pay millions of dollars to Joe Bidens crackhead son?

Such an idiot... You're being played and your just too stupid to know it






"Highly sophisticated"
lmfao .

Just so anyone who might read this. At anytime in the future. Note this...

This idiot will not answer any of this directly.

He'll post a slew of bullshit propoganda to drown out any common sense and reason associated with any of these issues.

Watch and see.

It'll be fun. This person is stupid.

The perfect example of an educated idiot
 
He'll post a slew of bullshit propoganda to drown out any common sense and reason associated with any of these issues.
What do you want me to just pull a bunch of stuff out of my ass you you do? Because if I think it, it must be so? I don't deal with fantasy I deal with evidence-based facts and reality. I tried to show you Mearsheimer's argument as an example of one based on objective facts and reality. He's arguing what you are just without the talk about coups and handlers and our boys being next, for some reason you didn't want to hear it.
 
Seriously, your lack of education is showing here

Really?

I'd say your lack of common sense and reason is showing
He lives in New Haven, Connecticut not Washington, teaches economics at Yale. He earned his AB, MBA, and PhD degrees from Harvard and may have connections there, but why make this conspiracy without proof?

In other words, he's educated and endorsed by the exact same people he's shilling for. And he's saying exactly what they've endorsed as the the official narrative.

But we're supposed to believe him...why?

Sonnenfeld says it's being sold at a loss, not a profit.

Except there's no way he really knows that if Russia and it's customers aren't telling it. By his own admission, they're not.

You're so stupid. You say in the one hand Russia isn't reporting it's numbers, but in the other you're saying "their numbers are wrong"

You're the same idiot that pointed out Russia has a fraction of the military budget of NATO. But is still beating NATO in Ukraine.

And we're supposed to believe you know what the fuck your talking about regarding a Russian economy that doesn't report to Washington?

Lmfao


The same reason he shut down all the independent press in Russia. He doesn't want anybody to know the true state of the economy but himself.

Joe Biden has done the same thing.

He's utterly fucked our economy while pretending like he's fixed it.

We don't even really know the state of our own goddamn economy because our leadership won't tell the truth.

But you think they're telling you the truth about the Russian economy.

Lol....what an idiot


If we're in a recession we don't hide it.

Oh.... my....god....

This is just too stupid to even try



If you have Euros, Pounds, bitcoins or gold you can buy dollars with it right now. So you get an idea what it's worth. You can't buy the ruble right now.

Bullshit.

Anybody who wants can buy the ruble on the market anytime they want with most any currency they want.

And it's selling


I'm not an economist but the Centre for Research on Energy and Clean Air says Russia is losing an estimated €160 million per day due to the combined impact of the European Union's far-reaching oil embargo and the G7's price cap:

Lol
"Russian oil and natural gas revenues fell 46% in January from the same month last year, according to data from the Russian Ministry of Finance"

What a stupid bitch.

"France says Russian oil sales are down"- @hometeam

Also the stupid bitch @hometeam "Russia isn't telling the real numbers so nobody knows"

Too funny


"Russia announced on Friday that it would cut its oil production next month by 500,000 barrels a day, or about 5 percent of its output"

The only reason would be that it's selling for the right price.

Which shoots your bullshit about it not selling for enough lol.

What a dumbfukk



I'm sure Sonnenfeld has other information from other sources. That's just what I could look up in a couple minutes.

Uh huh

From the Same stagnant little pool all of your stupidity and "information" comes from.


It doesn't cost very much to make artillery rounds. You just need to machinery and tools. We're working on getting it:
Lmfao...

Then why is Ukraine not getting half the ammunition Russia is making?

You just can't help making yourself look stupid.



And Russia has an ammo shortage problem

Compared to who?



I'm talking about natural gas not oil. Russia doesn't have the capability to liquify it, so in gas form it can only be sent through pipelines. They don't have pipelines running to India or China, and the one going to Germany was disabled.

But Russia is selling the hell out of it nonetheless.

They've weathered the worst sanctions Washington could do with minimal effect. Because despite what your bullshit propoganda sources say, they're launching massive amounts of artillery and have beat NATO/Washington in a war that exhausted all of NATO with Russia launching artillery at least 8 to 1.

So your bullshit just doesn't add up.

And neither does spending the lives of the Ukrainian people to advance the interest of Washington[/URL]
 
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What do you want me to just pull a bunch of stuff out of my ass you you do?

Everything you say is pulled out of your ass.

Nothing you say is original or well though out and logical. It's just copy and paste bullshit propoganda.


Because if I think it, it must be so? I don't deal with fantasy I deal with evidence-based facts and reality.
Except nothing you say qualifies as reality by any observable definition

I tried to show you Mearsheimer's argument as an example of one based on objective facts and reality. He's arguing what you are just without the talk about coups and handlers and our boys being next, for some reason you didn't want to hear it.

Yes, mearshimer had to talk by the rules of the establishment.

I don't
 
Bullshit.

Anybody who wants can buy the ruble on the market anytime they want with most any currency they want.

And it's selling
Instead of just pulling stuff out of your ass, why don't you just research it? It took me 30 seconds to look this up:

It was the 3rd hit on a google search:

and it says:

Why is the Russian ruble unavailable to trade?​

The ruble is currently unavailable to trade with FOREX.com (and many other brokerages) because of Russia’s invasion of Ukraine.

The war against Ukraine that Russia began in February 2022 prompted a slew of sanctions against Russia by major nations and groups including the US, EU, UK, Japan, Canada, and many others. These sanctions include trade bans on Russian exports and imports, as well as transactions with Russia’s central bank. The exchange of currencies, such as US dollars to Russian rubles and euros to rubles, has also been blocked.

Because of these sanctions, the value of the ruble has become disconnected between its quote inside Russia and the quote outside of Russia by foreign central banks. This disparity creates extreme volatility in ruble pairs, especially USD/RUB, increased spreads, and the risk of gapping when trading RUB with major currencies like USD and EUR.

Within a few days of Russia’s invasion, the ruble was blocked from the SWIFT network, a global system used by major banks and financial institutions to transfer money. This removal prevents Russia from making financial transactions with other countries and, along with the numerous other sanctions, has threatened to bring about the collapse of the Russian currency.

Russian citizens are also prevented from moving foreign currency outside of the country and can only withdraw limited amounts of cash from Russia’s banks.
 
Instead of just pulling stuff out of your ass, why don't you just research it? It took me 30 seconds to look this up:

It was the 3rd hit on a google search:

and it says:

Why is the Russian ruble unavailable to trade?​

The ruble is currently unavailable to trade with FOREX.com (and many other brokerages) because of Russia’s invasion of Ukraine.

In other words, the same woke companies that stopped selling bling jewelry and cheap fast food in Russia also stopped selling the ruble.

That doesn't mean it's not available.


The war against Ukraine that Russia began in February 2022 prompted a slew of sanctions against Russia by major nations and groups including the US, EU, UK, Japan, Canada, and many others. These sanctions include trade bans on Russian exports and imports, as well as transactions with Russia’s central bank. The exchange of currencies, such as US dollars to Russian rubles and euros to rubles, has also been blocked.

In other words, the bubble people won't sell the ruble.

Nevertheless many Americans are buying rubles



Because of these sanctions, the value of the ruble has become disconnected between its quote inside Russia and the quote outside of Russia by foreign central banks. This disparity creates extreme volatility in ruble pairs, especially USD/RUB, increased spreads, and the risk of gapping when trading RUB with major currencies like USD and EUR.

Within a few days of Russia’s invasion, the ruble was blocked from the SWIFT network, a global system used by major banks and financial institutions to transfer money. This removal prevents Russia from making financial transactions with other countries and, along with the numerous other sanctions, has threatened to bring about the collapse of the Russian currency.

Russian citizens are also prevented from moving foreign currency outside of the country and can only withdraw limited amounts of cash from Russia’s banks.

Blah blah blah.

Nothing has changed
 
He has to argue with logic and reason and not make stuff up, or nobody takes him seriously.

Lmfao

No, he has to speak by the rules of the powers in Washington, or he's not permitted to speak at all.

If making shit up disqualified anybody from speaking, half of Washington would be silenced

Just look at the stupid bullshit Joe Biden makes up on a daily basis
 
Yeah that site says you can buy Rubles with Profee but I went to Profee's site and tried to buy rubles with Canadian dollars and it wouldn't let me. They just don't know the value and can't trust Russia's. Or they don't have any rubles to sell. Or Russia has imposed limits on it. You can buy Canadian dollars with rubles though.

They go on to say:
"The clearest way to buy Russian rubles is to present foreign currency to banks, hotels, and exchange bureaus within Russian borders. This option is, of course, limited only to those who are eligible to enter the country."

And like the Washington Post says:
"As things stand, traders no longer consider the ruble to be a free-trading currency. Capital controls imposed in the aftermath of Western sanctions mean the exchange rate is effectively a managed one. Russia has forced exporters to sell foreign exchange"

No, he has to speak by the rules of the powers in Washington, or he's not permitted to speak at all.
Oh boy. You actually believe that? You know the debate was held in Toronto, Canada right?

View: https://www.youtube.com/watch?v=EhgWLmd7mCo
 
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Yeah that site says you can buy Rubles with Profee but I went to Profee's site and tried to buy rubles with Canadian dollars and it wouldn't let me. They just don't know the value and can't trust Russia's. Or they don't have any rubles to sell. Or Russia has imposed limits on it. You can buy Canadian dollars with rubles though.

They go on to say:
"The clearest way to buy Russian rubles is to present foreign currency to banks, hotels, and exchange bureaus within Russian borders. This option is, of course, limited only to those who are eligible to enter the country."

And like the Washington Post says:
"As things stand, traders no longer consider the ruble to be a free-trading currency. Capital controls imposed in the aftermath of Western sanctions mean the exchange rate is effectively a managed one. Russia has forced exporters to sell foreign exchange"


Oh boy. You actually believe that? You know the debate was held in Toronto, Canada right?

View: https://www.youtube.com/watch?v=EhgWLmd7mCo


In other words, despite Washington's best efforts, you can still buy rubles.


And laugh my fukkin ass off....I should have known... your a punk fuckin Canadian.

My god, I can't believe I didn't figure that out.

Shame on me. Holy fuck.

A Canadian. All this time.

We're done here bitch.
Go fuck yourself
 
And laugh my fukkin ass off....I should have known... your a punk fuckin Canadian.

My god, I can't believe I didn't figure that out.

Shame on me. Holy fuck.

A Canadian. All this time.

We're done here bitch.
Go fuck yourself
No I'm not, it's just that Profee doesn't deal with US dollars so I tried to buy the ruble with Canadian. The whole point here is that you cannot know what the value of a ruble is because you cannot buy it outside of Russia, or at least it's very hard.

You would think that also it would be hard for them to sell their goods on the world market or have foreign investment when you cannot buy the ruble and can't trust Russia's stated exchange rate. It's pretty bad when you can easily get ahold of some bitcoin or ethereum but cannot buy the ruble anywhere.

The Carnegie Endowment for International Peace has a better explanation:
"In theory, the ruble remains a freely convertible currency with all the necessary infrastructure for transnational payments, so there is technically nothing to stop Russian exporters from demanding payment for their goods in rubles. In practice, however, this simply doesn’t work, and only leads to even more delays in completing transactions.

The key problem here is in the low liquidity of national currencies compared with reserve currencies, as well as the macroeconomic and exchange rate risks. Because of this, buyers ask for significant discounts for agreeing to a deal fixed in an unusual currency."


They also say:
"even Russian companies that have not been directly sanctioned still run into major difficulties when trying to settle their accounts with foreign partners. Their bank accounts in dollars and euros may be blocked, payments sent in foreign currencies take an age to be processed, and even banks in “friendly countries” are refusing to carry out transactions"
 
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No I'm not, it's just that Profee doesn't deal with US dollars so I tried to buy the ruble with Canadian. The whole point here is that you cannot know what the value of a ruble is because you cannot buy it outside of Russia, or at least it's very hard.

You would think that also it would be hard for them to sell their goods on the world market or have foreign investment when you cannot buy the ruble and can't trust Russia's stated exchange rate. It's pretty bad when you can easily get ahold of some bitcoin or ethereum but cannot buy the ruble anywhere.

The Carnegie Endowment for International Peace has a better explanation:
"In theory, the ruble remains a freely convertible currency with all the necessary infrastructure for transnational payments, so there is technically nothing to stop Russian exporters from demanding payment for their goods in rubles. In practice, however, this simply doesn’t work, and only leads to even more delays in completing transactions.

The key problem here is in the low liquidity of national currencies compared with reserve currencies, as well as the macroeconomic and exchange rate risks. Because of this, buyers ask for significant discounts for agreeing to a deal fixed in an unusual currency."


They also say:
"even Russian companies that have not been directly sanctioned still run into major difficulties when trying to settle their accounts with foreign partners. Their bank accounts in dollars and euros may be blocked, payments sent in foreign currencies take an age to be processed, and even banks in “friendly countries” are refusing to carry out transactions"

You're a cunt assed Canadian.

I'm done with you
 
Everything you say is pulled out of your ass.
It's pretty hard to imagine a senior economic professor at Yale University to be wrong about economic matters or to pull stuff out of his ass.

They asked him what he thinks the state of the Russian economy is and he said he doesn't know, because they won't release the data anymore and it's hard to just trust Russia's Rosstat. The data they get from international trading partners doesn't look good and with losing money on the oil they sell, auto industry down 99%, the Moscow mayor saying people are out of work, it doesn't look good. Their economy could be cratered and no one would know. That's an authoritarian country for you.
 
I'm not pro Ukraine or pro Russia.

Fact is ukranian people fought on behalf of the Nazi third riech and both Russia during world war 2

And Ukrainian people that fought for the Nazis wanted independence from all of them.

I am not against Ukrainian independence. Washington is. I'm not against Ukrainian unity of both Russian and ukranian people. Washington and Ukraine are.

I'm not against a bilateral multiethnic Ukrainian nation. Russia and Ukraine are.

I'm an American that disagrees with that useless cunt @hometeam that wants those people to fight each other to benifit Washington.

That cunt has shown his colors and deserves no reply.

Anybody that takes anything he says henceforth is just as much as much of a cunt as he is. For obvious reasons.

He's finished here. Showed his cunt selfish interests and pussy assed Canadian roots.

No sensible American should support any of this

View: https://youtu.be/urg1NTAo53k
 
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