Russia in panic as US sanctions trigger ruble collapse – DW

https://www.dw.com/en/russia-ruble-us-sanctions-war-in-ukraine-v1/a-70905425

30 comments
  1. Huh its like invading a peaceful neighboring country was. abad thing…

  2. Extreme manipulation of the Ruble occurring right now. 3 point jumps in 10 minutes dont occur without many billions worth of something (probably Yuan) being used to prop a currency up.

    Happened two days ago when it fell from 114.5 to 108 very quickly, it was a transaction of 4 Billion Yuan then – something similar today in all likelihood.

    Again, unsure if its China intervening, as they likely have a huge stockpile of Rubles they dont want to see devalued – this quickly;

    Or Russia is truly burning through its foreign reserves this week.

  3. The good news is by next week everyone in Russia will be a billionaire. The bad news is eggs will cost 20 billion a dozen.

  4. The 4th largest economy in the world apparently…………….

  5. It’s gonna be really funny when Russia collapses anyway, even with them rigging all these elections.

  6. Wait but according to people on reddit sanctions dont work and russia is better than ever.

  7. Good! I hope it continues to tumble. Crash that economy as much as possible.

  8. If I was a Russian with money in the bank, I would withdraw it all NOW before all the money is gone. It’s only a matter of time before Putin raids the banks for war money.

  9. Putins boyfriend Trump will lift the sanctions shortly after January 20th.

    I guarantee it.

    If you want to see the Price of all the Russian influence in the 2024 Election you’re about to find out. Trump is going to give Ukraine to Putin and lift sanctions.

    I guarantee it

  10. So honest question. Why is this happening now? Were new sanctions added that I was just unaware of? Or are the ones that the US added a while ago finally taking effect?? Honest question, just trying to understand. Please don’t burn me haha.

  11. The only important question is whether this rubble collapse will lead to any change in the frontline?

  12. Good do what you can now. When the Cult Leader is in full effect he will bend over the USA and let Russia have his way.

  13. If you’re a Russian and reading this, now is the time to take your money out of the bank. Don’t be caught with no cash when the banks crash.

  14. Fuck ’em. They’ll just wait it out until their pathetic little lackey takes office in a couple months anyway.

  15. Dont worry, Trump will come to the rescue of Putin.

  16. Pretty sure I’ve seen headlines about Russia being on the verge of social or economic collapse every week since their initial attack on Ukraine failed. Don’t get me wrong, I’d love for Putin’s regime to fail, but at some point we just have to say “I’ll believe it when I see it.”

    For a more realistic take in Russia’s economy, this article gives some good figures and insights:

    https://ca.news.yahoo.com/ruble-down-price-potatoes-russias-163451323.html

    Tldr: Russia’s economy is in a bad way according to long term forecasts, but some sections of society are actually seeing a boom right now, and even the negative impact is likely survivable in the short term. No collapse likely soon.

  17. We can start taking bets or hold a pool on when Russia will collapse economically and militarily. That’s probably what it take to wake up the citizens who believe the propaganda. There are also many who have had it with Putin. He is causing his own demise. The issue will be if he is removed, will the people be able to keep another psychopath from taking over and continuing business as usual.

  18. This is wonderful news to hear. Quick and painful is what I’m hoping for

  19. Now… Say that again, but correctly this time:

    “Russia in panic as being a murder terrorist state is bad for your economic ties to the rest of the world”

    There DW, fixed it for ya!

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