DrBeer
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June 18, 2022, 08:11:11 AM |
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USD is falling and it seems every plan has failed to revive it.
USD is falling and it seems every plan has failed to revive it.
The US has several mechanisms: - A printing press to buy everything they need for plain paper - Largest economy - Largest consumer market - A huge amount of really advanced technologies that are needed around the world. - The largest military-industrial complex, which will now begin to work at full capacity, which will stabilize the economy. So you don't have to worry about them. Temporary problems, due to the outbreak of fascism-rashism, will now affect absolutely everyone, and everyone will have to endure a little, and look at what happens when fascism is allowed to raise its head. A sort of painful, but inoculation for the future!
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Sithara007
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June 18, 2022, 10:40:07 AM |
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Right now, Russia is at a very interesting historical crossroads. Figuratively speaking, she needs to make a very difficult choice between two different paths of development, one of which is "easy" and the other is "right". The "easy" way is to continue to be a raw materials appendage and a gas station country, reorienting logistics routes from West to East. The "right" way is to block all the ways of capital outflow from the country to focus on internal development. Of course, this division is figurative, these two paths are largely intertwined and one does not exclude the other, it is more a matter of prioritization. But in many ways, it is the internal policy of the regulator in relation to the ruble exchange rate that will be a reliable indicator of which path Russia has chosen as its main priority.
Well.. I understand your viewpoint. But there are risks associated with the "right" option. Exporting raw materials and energy products is less risky, because there is growing demand across the globe and the prices doesn't vary from country to country. But using these materials to set up manufacturing units and then to export the finished products requires a lot of technological advancement as well as heavy investment. For example, both Germany and Japan use Russian gas to power the manufacturing units that produce automobiles and heavy engineering equipment. For Russia to manufacture these products at home is not easy. To build up the brand name and reputation alone, it will take many decades.
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AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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be.open
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June 18, 2022, 01:27:48 PM |
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Right now, Russia is at a very interesting historical crossroads. Figuratively speaking, she needs to make a very difficult choice between two different paths of development, one of which is "easy" and the other is "right". The "easy" way is to continue to be a raw materials appendage and a gas station country, reorienting logistics routes from West to East. The "right" way is to block all the ways of capital outflow from the country to focus on internal development. Of course, this division is figurative, these two paths are largely intertwined and one does not exclude the other, it is more a matter of prioritization. But in many ways, it is the internal policy of the regulator in relation to the ruble exchange rate that will be a reliable indicator of which path Russia has chosen as its main priority.
Well.. I understand your viewpoint. But there are risks associated with the "right" option. Exporting raw materials and energy products is less risky, because there is growing demand across the globe and the prices doesn't vary from country to country. But using these materials to set up manufacturing units and then to export the finished products requires a lot of technological advancement as well as heavy investment. For example, both Germany and Japan use Russian gas to power the manufacturing units that produce automobiles and heavy engineering equipment. For Russia to manufacture these products at home is not easy. To build up the brand name and reputation alone, it will take many decades. You are right, it is risky. But right now, Russia has an amazing window of opportunity to realize this. And it did not open on its own, Putin opened it with his pre-emptive invasion of Ukraine, which triggered Western economic sanctions and a mass exodus of Western companies from Russia, which themselves voluntarily freed the huge Russian market from their presence, creating favorable conditions for a large-scale transformation of Russia. I am not a big fan of Putin, but I truly admire the beauty of his strategy and the scope of his ambitions. It would have been much easier and safer to wait for Ukraine's invasion of the Donbass - and Russia would still have won, albeit with much greater human losses, but there would not have been this condemning pressure from the West on Russia, thanks to which Russia had a real chance for a painful transformation from another one country of the third world into the unifying power of the locomotive of the largest continent (which, by right of its birth and geographical location, it is). Let's see, Putin's speech yesterday at the economic forum in St. Petersburg gives a chance to hope that Russia will choose not the easy path of its development, but the right one.
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galambo
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June 18, 2022, 02:29:51 PM |
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Its war of ego now for Russia as they are struck but withdrawing means here they are acceping USA victory which is unacceptable thing. Though media is fully under the control of USA and West, so we cant say with certainty that whats going on in Ukraine. Russian rubble is at its peak these days which is an indication that Russia has over come economic war with USA and its allies.
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Freeesta
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June 18, 2022, 05:29:51 PM |
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(Bloomberg) -- Capital controls imposed by Russia have turned the ruble into the world’s best performing currency this year, though not many people can pocket a profit on the rally. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FTtBp8hY%2Frussian-ruble.jpg&t=665&c=BCCjRoO0gpMhLQ) image link: https://i.ibb.co/TtBp8hY/russian-ruble.jpgThe ruble resumed its advance against the dollar on Wednesday as the Moscow Exchange reopened after two days of public holiday. It’s now up more than 11% against the US dollar since the start of the year, surpassing the real’s 9% advance to become the top gainer among 31 major currencies tracked by Bloomberg. The offshore rate is up even more, about 12%. The ruble’s gains result from a series of measures taken by the government to defend the battered currency in the aftermath of Western sanctions. On top of imposing capital controls, Russia has forced exporters to sell foreign-exchange and is demanding its natural gas be paid for in rubles. Strategists say the rally isn’t credible as many currency-trading shops have stopped dealing in the ruble on the grounds that its value seen on monitors is not the price it can be traded at in the real world. Still, the irony of the ruble performing so well while at war is remarkable, especially as other countries that imposed capital controls in the recent past have not achieved the same results. Turkey and Argentina tried similar measures when they faced a horde of sellers in the past few years with disastrous consequences for the lira and the peso, which reached fresh all-time lows and never recovered. The ruble took over from the real as the world’s best performer as the end looms for Brazil’s monetary tightening, which is weighing on the currency. After raising the benchmark rate by 1,075 basis points since early 2021, policy makers in the Latin American nation have signaled a slowdown in the pace of hiking, as well as their intention to wrap up the cycle soon. While the real’s carry will remain high, the spread to US rates will likely shrink as the Federal Reserve keeps raising borrowing costs at an aggressive pace. https://finance.yahoo.com/news/ruble-surpasses-brazil-real-best-162446964.html .... Someone said russia is headed towards ruin and being outperformed by the united states economy. At the moment, the russian ruble is up 11% versus the US dollar and rated the #1 performing currency of the year. Meanwhile in the united states retailers are bracing for bad earnings reports due to inflation: https://www.reuters.com/business/wall-st-week-ahead-retailers-set-earnings-stage-after-inflation-sparked-market-2021-05-14/Evidence appears to suggest the US economy is weakening while the russian economy and its native currency is becoming stronger. Where does this idea some have that russia's economy is doing poorly come from? The ruble has indeed strengthened and continues to do so in the future. But this is not good for the country's economy. I think that the ruble exchange rate will be adjusted to a comfortable level. Anti-Russian sanctions had a positive impact on the ruble exchange rate, although no one could have expected this. The inflation rate has decreased in the country and this is a very good indicator for the economy. This is interesting for ordinary people, no one wants to change their usual way of life.
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laredo7mm
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June 18, 2022, 09:52:46 PM |
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USD is falling and it seems every plan has failed to revive it.
USD is falling and it seems every plan has failed to revive it.
The US has several mechanisms: - A printing press to buy everything they need for plain paper - Largest economy - Largest consumer market - A huge amount of really advanced technologies that are needed around the world. - The largest military-industrial complex, which will now begin to work at full capacity, which will stabilize the economy. So you don't have to worry about them. Temporary problems, due to the outbreak of fascism-rashism, will now affect absolutely everyone, and everyone will have to endure a little, and look at what happens when fascism is allowed to raise its head. A sort of painful, but inoculation for the future! I have nothing to worry about but the USA has. The higher the inflation will be the more other countries will try to reduce the use of USD for international trade. This number is already reducing. Once more than 70% of international trade was done by USD but now this number is below 40% I think. If you keep the USA economy aside then what you will say about the increasing number of gun violence in America? This country is falling apart from the inside and the fall of the USD will be the last nail into its coffin.
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Sithara007
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June 19, 2022, 02:17:16 AM |
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You are right, it is risky. But right now, Russia has an amazing window of opportunity to realize this. And it did not open on its own, Putin opened it with his pre-emptive invasion of Ukraine, which triggered Western economic sanctions and a mass exodus of Western companies from Russia, which themselves voluntarily freed the huge Russian market from their presence, creating favorable conditions for a large-scale transformation of Russia. I am not a big fan of Putin, but I truly admire the beauty of his strategy and the scope of his ambitions. It would have been much easier and safer to wait for Ukraine's invasion of the Donbass - and Russia would still have won, albeit with much greater human losses, but there would not have been this condemning pressure from the West on Russia, thanks to which Russia had a real chance for a painful transformation from another one country of the third world into the unifying power of the locomotive of the largest continent (which, by right of its birth and geographical location, it is). Let's see, Putin's speech yesterday at the economic forum in St. Petersburg gives a chance to hope that Russia will choose not the easy path of its development, but the right one.
I never expected the Russian economy to be this resilient. As of now, Russia is the most sanctioned country in the world. When the first set of sanctions were introduced, media channels such as CNN and BBC were predicting a complete economic meltdown in a matter of weeks, if not days. The initial indications were in that direction. The Russian Ruble exchange rate plummeted from around 70 to 140, and the stock markets collapsed completely. But then some miracle happened, and in the next few months all these loses were reversed. I regularly check the Western media, and they still publish all sort of scare stories about the Russian economy. But no one can deny the fact that the government did an amazing job to avert an economic meltdown.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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galambo
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June 19, 2022, 10:27:29 AM |
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I never expected the Russian economy to be this resilient. As of now, Russia is the most sanctioned country in the world. When the first set of sanctions were introduced, media channels such as CNN and BBC were predicting a complete economic meltdown in a matter of weeks, if not days. The initial indications were in that direction. The Russian Ruble exchange rate plummeted from around 70 to 140, and the stock markets collapsed completely. But then some miracle happened, and in the next few months all these loses were reversed. I regularly check the Western media, and they still publish all sort of scare stories about the Russian economy. But no one can deny the fact that the government did an amazing job to avert an economic meltdown. I think Putin has done his home work prior to this war, he knows this will happen and they have a plan of action for every move made by USA and its ally. Through this war we come to know that how big Russia oil and gas reserves are and they are game changer for Russia in current situation. Its time for Ukarine to stop playing in hands of USA and West rather talk directly with Russia for peace.
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Freeesta
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June 20, 2022, 05:01:26 PM |
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I never expected the Russian economy to be this resilient. As of now, Russia is the most sanctioned country in the world. When the first set of sanctions were introduced, media channels such as CNN and BBC were predicting a complete economic meltdown in a matter of weeks, if not days. The initial indications were in that direction. The Russian Ruble exchange rate plummeted from around 70 to 140, and the stock markets collapsed completely. But then some miracle happened, and in the next few months all these loses were reversed. I regularly check the Western media, and they still publish all sort of scare stories about the Russian economy. But no one can deny the fact that the government did an amazing job to avert an economic meltdown. I think Putin has done his home work prior to this war, he knows this will happen and they have a plan of action for every move made by USA and its ally. Through this war we come to know that how big Russia oil and gas reserves are and they are game changer for Russia in current situation. Its time for Ukarine to stop playing in hands of USA and West rather talk directly with Russia for peace. Over the past few months, the situation has changed a lot and there is no point in holding peace talks between Ukraine and Russia now. Ukraine will not remain the same. Peace talks could have been held in February, but not today. Now the result of further relations between countries will be determined on the battlefield. The rest of the world will draw their own conclusions, it's only a matter of time.
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be.open
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June 21, 2022, 07:50:11 AM |
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You are right, it is risky. But right now, Russia has an amazing window of opportunity to realize this. And it did not open on its own, Putin opened it with his pre-emptive invasion of Ukraine, which triggered Western economic sanctions and a mass exodus of Western companies from Russia, which themselves voluntarily freed the huge Russian market from their presence, creating favorable conditions for a large-scale transformation of Russia. I am not a big fan of Putin, but I truly admire the beauty of his strategy and the scope of his ambitions. It would have been much easier and safer to wait for Ukraine's invasion of the Donbass - and Russia would still have won, albeit with much greater human losses, but there would not have been this condemning pressure from the West on Russia, thanks to which Russia had a real chance for a painful transformation from another one country of the third world into the unifying power of the locomotive of the largest continent (which, by right of its birth and geographical location, it is). Let's see, Putin's speech yesterday at the economic forum in St. Petersburg gives a chance to hope that Russia will choose not the easy path of its development, but the right one.
I never expected the Russian economy to be this resilient. As of now, Russia is the most sanctioned country in the world. When the first set of sanctions were introduced, media channels such as CNN and BBC were predicting a complete economic meltdown in a matter of weeks, if not days. The initial indications were in that direction. The Russian Ruble exchange rate plummeted from around 70 to 140, and the stock markets collapsed completely. But then some miracle happened, and in the next few months all these loses were reversed. I regularly check the Western media, and they still publish all sort of scare stories about the Russian economy. But no one can deny the fact that the government did an amazing job to avert an economic meltdown. Meanwhile, the Deputy Chairman of the Central Bank of Russia recently confirmed the abandonment of targeting the ruble exchange rate and the concentration on inflation targeting. Any ideas related to course targeting, if implemented, will inevitably lead to a decrease in the effectiveness and loss of sovereignty of the economic policy being pursued. If we bring our monetary policy so that our currency has some fixed or slightly fluctuating nominal rate against currencies where inflation is 8-10%, then our inflation will be the same. This is exactly the option that is unacceptable for us. This confirms my assumption that Russia will try to take advantage of the window of opportunity that has opened for a systemic restructuring of its own economy, even if this promises to give up short-term profits due to current market conditions. Today, the ruble has strengthened to the level of 2015, less than 55 rubles per dollar.
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kapalmabur
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June 21, 2022, 07:58:32 AM |
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I never expected the Russian economy to be this resilient. As of now, Russia is the most sanctioned country in the world. When the first set of sanctions were introduced, media channels such as CNN and BBC were predicting a complete economic meltdown in a matter of weeks, if not days. The initial indications were in that direction. The Russian Ruble exchange rate plummeted from around 70 to 140, and the stock markets collapsed completely. But then some miracle happened, and in the next few months all these loses were reversed. I regularly check the Western media, and they still publish all sort of scare stories about the Russian economy. But no one can deny the fact that the government did an amazing job to avert an economic meltdown. I think Putin has done his home work prior to this war, he knows this will happen and they have a plan of action for every move made by USA and its ally. Through this war we come to know that how big Russia oil and gas reserves are and they are game changer for Russia in current situation. Its time for Ukarine to stop playing in hands of USA and West rather talk directly with Russia for peace. Over the past few months, the situation has changed a lot and there is no point in holding peace talks between Ukraine and Russia now. Ukraine will not remain the same. Peace talks could have been held in February, but not today. Now the result of further relations between countries will be determined on the battlefield. The rest of the world will draw their own conclusions, it's only a matter of time. If we talk about hope of course we all want peace between the two countries, but indeed so far peace talks have not really been carried out and it will be difficult for sure to stop the war completely, This war really involves many things and is very complex such as politics, territory and others
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