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	Create New Topic   My Posts   My forum buddies   Invite friends   Private messages Russian brides > Main Forum > Economic Consequences of the War Author Post MartinPC Member send PM   block PM add to buddies Send: 12/10/2014 9:41:32 PM   Durak, It will have gone public that Putin is panicking inviting all the criminal elements home with amnesty regarding their ill gotten gains. I haven't had any Russian guest(s) here now since a few weeks ago, next Russian guest(s) I'll endeavour to ask them what the feelings are in Russia. ragingbull Member send PM   block PM add to buddies Send: 12/11/2014 12:48:39 AM   "When will the Russian people wake up, and smell the rotting corpses and stinking sewage on which the Putin regime is founded?" I think they're beginning to. A few Russian women on vk, whom I "followed" some years back are are now following and PM'ing me. But, I doubt if I will set foot on Russian soil anytime soon. MartinPC Member send PM   block PM add to buddies Send: 12/11/2014 3:31:48 AM   "The ruble has broken another all-time record for weakness at 54.85 / USD" 1.00 USD = 54.8872 RUB MartinPC Member send PM   block PM add to buddies Send: 12/11/2014 4:20:02 AM   FIFTY FIVE 1.00 USD = 55.0155 RUB Australia Man Member send PM   block PM add to buddies Send: 12/11/2014 5:55:42 AM   1.00 USD = 59.0157 martian dildos Australia Man Member send PM   block PM add to buddies Send: 12/11/2014 5:57:36 AM   watching paint dry competition now open durak Member send PM   block PM add to buddies Send: 12/11/2014 2:41:09 PM   Martin, I see your 55, and raise you 1. 56.03 RUB / USD durak Member send PM   block PM add to buddies Send: 12/11/2014 3:20:41 PM   OOOH, THAT'S GOT TO HURT! It took less than 40 minutes for the ruble to tumble from it's first time ever crossing 56 / USD, to reach 56.7. This got me wondering, is there more bad news? I think it's merely the continuation of the petroleum collapse. Bank of America is reportedly forecasting crude to fall to USD 50 / bbl, but with a good rebound in the second half of 2015. Even so, the average oil price for 2015 may be as low as the 70s, which is not good news for Russia... btb754 Member send PM   block PM add to buddies Send: 12/11/2014 6:19:13 PM   Drop in oil prices. It appears to be fairly durable. Very hard on Russia. Very good for USD. MartinPC Member send PM   block PM add to buddies Send: 12/12/2014 3:19:43 AM   I'll raise you 1 more Durak: 1.00 USD = 57.1506 RUB durak Member send PM   block PM add to buddies Send: 12/12/2014 3:47:47 AM   IT'S OFFICIAL It now costs twice as many rubles to buy a dollar, compared to the exchange rates I remember from my visits in 2004-2008. durak Member send PM   block PM add to buddies Send: 12/12/2014 4:01:35 AM   WHERE IS RUSSIA'S CENTRAL BANK? Less than an hour after crossing 57 / USD, the ruble has already spiked past 57.5 before making some temporary recovery (it looked like somebody made one big ruble purchase). I would look for Russia's central bank under its desk, where I suspect it is curled up in the fetal position. MartinPC Member send PM   block PM add to buddies Send: 12/12/2014 6:57:51 AM   Somebody, on here, a while back suggested that the west should have intervened with militia in Ukraine, things seem bad enough as they are without further military activity. Meanwhile, just as example, Russia's airlines are going bankrupt, airliners are generally leased with lease payments in USD's, aviation fuel (airliners drink a lot of it) is priced in USD's, all these companies that have taken out USD loans, even Euro or Monopoly money loans, many of them are going to the wall whilst Putin is in a panic. Perhaps the time has come to sit back, grab some popcorn, and watch the party :) P.S. And Durak, it only seems a few weeks back you were questioning if the ruble would drop to 41 to the dollar! P.P.S. I'm out of touch here, have OPEC dropped the price of oil deliberately to f*ck with Putin? btb754 Member send PM   block PM add to buddies Send: 12/12/2014 6:59:49 AM   "I'm out of touch here, have OPEC dropped the price of oil deliberately to f*ck with Putin?" US has added a lot of production on top of relatively flat world demand. The world economy is soft. Oil consumption in developed economies continues to slowly decline. MartinPC Member send PM   block PM add to buddies Send: 12/12/2014 9:51:46 AM   "(it looked like somebody made one big ruble purchase)" That was probably Oleg & Olga :) beemer18 Member send PM   block PM add to buddies Send: 12/12/2014 12:47:40 PM   'It now costs twice as many rubles to buy a dollar, compared to the exchange rates I remember from my visits in 2004-2008.' Well, my first trip to Ukraine in 2006, the hryvnia was at 5.05 to $1usd, it is currently over 16...what is that more than 3 times??? First time in Russia, rubble was around 27 to $1usd, so it has slightly more than doubled. This balanced reporting!! )) RodanTsunami Member send PM   block PM add to buddies Send: 12/12/2014 1:15:18 PM   It isn't me buying rubles,,,,,, yet! Regime change? RodanTsunami Member send PM   block PM add to buddies Send: 12/12/2014 1:18:14 PM   ,,,,,, but I am still waiting for regime change in Cuba,,,,, "hot rod" heaven. durak Member send PM   block PM add to buddies Send: 12/12/2014 1:44:04 PM   beemer, Balanced? As I tried to explain to you a few days ago (27 November), it's apples and oranges. A big, rich country has invaded, occupied and stolen the territory of, and continues to wage bloody war against a smaller, poorer country. There is no symmetry at all there. Get that? The victim country's economy, which was already a shambles, has gotten even much worse since the invasion. No surprise there -- everybody who cares about Ukraine knows all this. The aggressor country had a relatively strong and stable economy, which it has chosen to put at risk by maintaining its brutal aggression. There is no symmetry at all there. Get that? Even if Ukraine goes completely bankrupt, and people are starving and freezing in the streets, Putin will continue to stomp Ukraine under his boots. However, if Russia goes bankrupt, its aggressive posture toward Ukraine just _might_ have to change. There is no symmetry at all there. Get that? ONE country, Russia, can save both its own economy and Ukraine's by complying with its own treaties, and with international law. Ukraine has no comparable influence. Only Russia can make this decision. There is no symmetry at all there. Get that? When a guy is kicking the shit out of somebody on the street, and I focus on attempts to arrest and prosecute him (instead of the surgeons having to remove the victim's spleen), is that unbalanced reporting? durak Member send PM   block PM add to buddies Send: 12/12/2014 1:59:56 PM   YES, VIRGINIA, THEY ARE NOW PANICKING 1. From Rossiskaya Gazeta: The Gosduma (national parliament) just "passed a law banning accounts in foreign banks for officials working in the field of national security." A similar ban already existed for a limited number of top officials: "It's about leadership, the General Prosecutor's Office and the central bank, the management of state corporations and those federal officials, who are appointed by the president, the government, or the Attorney General. Now the list is greatly extended." 2. From lenta.ru, also in the Gosduma: The "Fair Russia" party has introduced legislation to require all companies and individuals in Russia conducting export business, to exchange at least 50% of their foreign currency earnings for rubles. Get that? "We know you don't want to keep your money in this lawless country, or in our failing currency -- that makes no business sense. So we are going to compel you by force of law." If Russia had rule of law and a transparent government not based on massive theft and corruption, there would be no need for such laws. ________________________ About two hours ago, the ruble crashed 58 / USD, and has remained over 58 since. Your Reply: Your name:   New Registration Password:   Forgot password?   refresh Code:   Russian brides > Main Forum > Economic Consequences of the War
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