Russian currency big problems

[Sithara007]

I see thats why the vodka just drink vodka while crooks steal all from you ?

When a country drinks itself to death, there is hardly anything that can be done to rescue it from complete destruction. I have read that two decades back, more than 50% of the deaths resulted from alcohol or drug addiction. The situation has improved a lot nowadays, but not before an entire generation was wiped out. Between 1992 and 2011, there was a natural decline of 20 million among ethnic Russians and other related ethnic groups due to excess mortality (mostly from alcohol/drugs). That is one-sixth of the population vanished in just two decades.

A vacuum was created as a result of this massive population wastage and this was filled by Muslim and Chinese immigrants. The same pattern can be observed in Ukraine and Moldova, but not in Belarus (where president Lukashenko managed to prevent the entry of drug mafias from Azerbaijan).

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[bits4books]

The willingness to use cryptocurrency and the ability to use it are two completely different things. In Russia, there is a very bad attitude to cryptocurrencies and there are almost criminal sentences for it already (or soon will be). Believe me, ordinary people in the Russian Federation generally do not care about all these crypto-movements - they have much more important problems.

[Smartprofit]

Russian currency have big problems
The only Country is left is China who want to Deal with russian currency.

But in Russia Everybody who knows that ruble is highy inflated and all most worthless they all ready use thether cryptocurrency.
The Coming sanctions can only proof that currency is close to de valuation.
As the Russian natural resources was Main reason to buy ruble to buy and export to the west.

If China will not do any Exchange with rubles its sign that currency will be devalued.

Russia at one time refused to cooperate with the IMF (International Monetary Fund).  Since 2014, sanctions have been imposed on Russia.  Therefore, Russia's ability to obtain foreign loans is limited.  

This led to the fact that Russia's external debt is very small in comparison with the external debt of Western states.  

Increasing purchases of gold bars was also a good idea for President Putin.  Currently, the gold and foreign exchange reserves of the Russian Federation are mainly represented by physical gold rather than dollar assets.  

Oil prices fell sharply.  However, oil is a real asset.  Currently, oil prices are gradually recovering. Moreover, Russia is the world's main exporter of natural gas.

Thus, the Russian ruble is not in danger of depreciation.  

Its value in dollars and euros will be relatively stable.

[OpenCryptoSystem]

Russian currency have big problems
The only Country is left is China who want to Deal with russian currency.

But in Russia Everybody who knows that ruble is highy inflated and all most worthless they all ready use thether cryptocurrency.
The Coming sanctions can only proof that currency is close to de valuation.
As the Russian natural resources was Main reason to buy ruble to buy and export to the west.

If China will not do any Exchange with rubles its sign that currency will be devalued.

Russia at one time refused to cooperate with the IMF (International Monetary Fund).  Since 2014, sanctions have been imposed on Russia.  Therefore, Russia's ability to obtain foreign loans is limited.  

This led to the fact that Russia's external debt is very small in comparison with the external debt of Western states.  

Increasing purchases of gold bars was also a good idea for President Putin.  Currently, the gold and foreign exchange reserves of the Russian Federation are mainly represented by physical gold rather than dollar assets.  

Oil prices fell sharply.  However, oil is a real asset.  Currently, oil prices are gradually recovering. Moreover, Russia is the world's main exporter of natural gas.

Thus, the Russian ruble is not in danger of depreciation.  

Its value in dollars and euros will be relatively stable.

Maybe they only gave putin power to do what they need.
Putin. Just now doing his own things
The big world elite like wall street bankers queen germany and canada dont agree maybe anymore with putin
The war is not option for russia usa can beat russia with 1-2 days

So will the putin give up ?'or fight without war ?

[FanEagle]

I see thats why the vodka just drink vodka while crooks steal all from you ?

When a country drinks itself to death, there is hardly anything that can be done to rescue it from complete destruction. I have read that two decades back, more than 50% of the deaths resulted from alcohol or drug addiction. The situation has improved a lot nowadays, but not before an entire generation was wiped out. Between 1992 and 2011, there was a natural decline of 20 million among ethnic Russians and other related ethnic groups due to excess mortality (mostly from alcohol/drugs). That is one-sixth of the population vanished in just two decades.

A vacuum was created as a result of this massive population wastage and this was filled by Muslim and Chinese immigrants. The same pattern can be observed in Ukraine and Moldova, but not in Belarus (where president Lukashenko managed to prevent the entry of drug mafias from Azerbaijan).

I think it is quite obvious that when a nation is managed so horribly it is going to have some troubles with the citizens as well, some nations have starvation, some nations have financial breakdown of middleclass and just have a lot of poor people, some nations even have obesity because cheap foods are high in calorie and that makes you fat.

I can talk about more things more common problems and so forth but basically when one nation is mismanaged it will always be mismanaged and will never change, Russia is not really exempt from that. There is really handful of nations with decent government and decent rules that creates not a bad way of life, but the reality is that we are talking about only few nations, all other nations are doing horribly, or at least horrible compared to what can be, it is all because there is not a single good politician in any nation in the world.

[Vishnu.Reang]

I think it is quite obvious that when a nation is managed so horribly it is going to have some troubles with the citizens as well, some nations have starvation, some nations have financial breakdown of middleclass and just have a lot of poor people, some nations even have obesity because cheap foods are high in calorie and that makes you fat.

I can talk about more things more common problems and so forth but basically when one nation is mismanaged it will always be mismanaged and will never change, Russia is not really exempt from that. There is really handful of nations with decent government and decent rules that creates not a bad way of life, but the reality is that we are talking about only few nations, all other nations are doing horribly, or at least horrible compared to what can be, it is all because there is not a single good politician in any nation in the world.

Normally I don't have a good opinion about politicians anywhere in the world. But those in Russia are the worst. They are essentially controlled by drug mafias and human traffickers. Corruption runs deep.. from the top most government official to the lowest ranked policeman. When people get fed up and turn against them, the riots occur (examples are 2006 riots in Kondopoga and 2011 riots in Sagra). In these cases, ordinary people rioted against Azeri and Chechen drug mafias (who enjoyed support from politicians and cops).

It all started in 1996, during the presidential elections. Boris Yeltsin and Zyuganov were the main competitors. Yeltsin had hardly any chance of winning the election, as during this term (1992-96) he had completely destroyed the Russian economy. When it was clear that he was going to lose miserably, Yeltsin requested help from the oligarchs and mafias. They helped Yeltsin to win the 1996 elections, but in return Yeltsin handed over control of the police force and bureaucracy to the mafia. What happened next is history. The mafias have plundered Russia ever since, destroying the lives of tens of millions of Russians.

[OpenCryptoSystem]

I think it is quite obvious that when a nation is managed so horribly it is going to have some troubles with the citizens as well, some nations have starvation, some nations have financial breakdown of middleclass and just have a lot of poor people, some nations even have obesity because cheap foods are high in calorie and that makes you fat.

I can talk about more things more common problems and so forth but basically when one nation is mismanaged it will always be mismanaged and will never change, Russia is not really exempt from that. There is really handful of nations with decent government and decent rules that creates not a bad way of life, but the reality is that we are talking about only few nations, all other nations are doing horribly, or at least horrible compared to what can be, it is all because there is not a single good politician in any nation in the world.

Normally I don't have a good opinion about politicians anywhere in the world. But those in Russia are the worst. They are essentially controlled by drug mafias and human traffickers. Corruption runs deep.. from the top most government official to the lowest ranked policeman. When people get fed up and turn against them, the riots occur (examples are 2006 riots in Kondopoga and 2011 riots in Sagra). In these cases, ordinary people rioted against Azeri and Chechen drug mafias (who enjoyed support from politicians and cops).

It all started in 1996, during the presidential elections. Boris Yeltsin and Zyuganov were the main competitors. Yeltsin had hardly any chance of winning the election, as during this term (1992-96) he had completely destroyed the Russian economy. When it was clear that he was going to lose miserably, Yeltsin requested help from the oligarchs and mafias. They helped Yeltsin to win the 1996 elections, but in return Yeltsin handed over control of the police force and bureaucracy to the mafia. What happened next is history. The mafias have plundered Russia ever since, destroying the lives of tens of millions of Russians.

Who to blame ? Russians just letting it happening.
So np need to blame goverment
And putin is not even russian his from germany and he speaking germany

[DrBeer]

Russia at one time refused to cooperate with the IMF (International Monetary Fund).  Since 2014, sanctions have been imposed on Russia.  Therefore, Russia's ability to obtain foreign loans is limited.  
This led to the fact that Russia's external debt is very small in comparison with the external debt of Western states.  
Increasing purchases of gold bars was also a good idea for President Putin.  Currently, the gold and foreign exchange reserves of the Russian Federation are mainly represented by physical gold rather than dollar assets.  
Oil prices fell sharply.  However, oil is a real asset.  Currently, oil prices are gradually recovering. Moreover, Russia is the world's main exporter of natural gas.
Thus, the Russian ruble is not in danger of depreciation.  
Its value in dollars and euros will be relatively stable.

How did you submit information one-sidedly. Let's in order, in fact, and about reality.
1. Gold. Yes, at some point, the Central Bank of the Russian Federation began purchasing gold. Whether it was an attempt to pump, or an attempt to "fix" stocks by converting rubles into currency (Russia prints dollars to his wife) and then into gold, it is difficult to say. This fact took place, that's right. But why did you forget about what happened next? Since the RF budget is "bursting at the seams," what have they done? That's right - they started selling gold. Quiet quiet! Here is information for you, check (links are very quickly)
- February 2020. "Russia sold the UK gold for a record $ 5 billion"
- July 2020 "Russia's gold export revenues exceeded gas revenues for the first time"
- November 2020 "The Bank of Russia is selling gold from its reserves for the first time in 13 years. According to the results of the third quarter, the Central Bank's gold reserves lost 1.2 tons, according to the data of the World Gold Council (WGC)."
Have you read it?
There was also a "unique" experience, once again "kill the dollar" Then the Central Bank of the Russian Federation transferred 15% of the reserves to the yuan ... As a result, the loss of $ 5 billion ...
This is "effective management of the financial system"

On oil and gas supplies: besides the global drop in oil prices, Russia has a more significant problem - the loss of markets! The EU is smoothly reducing the presence of Russian hydrocarbons. These supplies are ready to replace the USA, Norway, the Emirates and others with pleasure and at market prices. China is cutting Russian gas consumption and controlling Russian gas prices. All this leads to the degradation of the economy.
I recommend either to study the issue more fully (if you did not know), or to publish comprehensive information, because easy to spot "deliberate hiding of inconvenient facts" (if you tried to manipulate data)

[aesma]

Oil prices fell sharply.  However, oil is a real asset.  Currently, oil prices are gradually recovering. Moreover, Russia is the world's main exporter of natural gas.

Thus, the Russian ruble is not in danger of depreciation.  

Its value in dollars and euros will be relatively stable.

Oil and gas are assets, but for how long ? A few years ago we were worrying about the dwindling supply of oil, now the idea is rather to let as much as possible in the ground.

This will take a long time, and oil will probably still be used 50 years from now, but if it's 10% of what is used now, it will not be good for Russia. And in fact it might not be Russian at all.

One thing the USSR was doing right is training lots of scientists and engineers, I don't know how it is now in Russia, but it should focus on that.

[Snappycoco]

Oil is there best assets. It was their main export which contributes 220 Billion USD. Another one is exporting their precious metals, irons, steels and etc. I dont think that russia is having a problem with its currency when in fact its much more stable now than previous years.

[Sithara007]

On oil and gas supplies: besides the global drop in oil prices, Russia has a more significant problem - the loss of markets! The EU is smoothly reducing the presence of Russian hydrocarbons. These supplies are ready to replace the USA, Norway, the Emirates and others with pleasure and at market prices. China is cutting Russian gas consumption and controlling Russian gas prices. All this leads to the degradation of the economy.
I recommend either to study the issue more fully (if you did not know), or to publish comprehensive information, because easy to spot "deliberate hiding of inconvenient facts" (if you tried to manipulate data)

If the economy is based on a single asset, it will always be vulnerable to price changes and drop in consumer demand. The EU nations have a policy of moving towards renewable sources of energy, so in the long term it is very likely that the import of Russian gas/oil to these countries will taper off. The Nord Stream 2 pipeline has cost more than $10 billion till now, and it is not known whether they will be even able to complete it's construction. The Asia-Pacific market was promising, but the Russian government ignored it during the early phases. And it always surprised me that being the largest country by surface area in the world, Russia had to import most of its food requirement. This is what focus on just one commodity can do to you.

[COBRAS]

Russia with Putengo(aka W. Pputin  is a HARD, VERY HARD, VERY,VERY,VERY HARD COUNTRY !!!

Is a good news - all world talk now about Putango Palace, - YES, THIS MONEYS FROM GRANDMOTHERS AND GRANDFATHERS WHOT PUTANGO GET FROM THEM !!! YES - PUTANGO IS A DICTATOR, NOT SO STUPID LIKE AFRICAN DICTATORS, BUT HI IS REAL? REAL - REAL DICTATOR !!!!

[OpenCryptoSystem]

Russia with Putengo(aka W. Pputin  is a HARD, VERY HARD, VERY,VERY,VERY HARD COUNTRY !!!

Is a good news - all world talk now about Putango Palace, - YES, THIS MONEYS FROM GRANDMOTHERS AND GRANDFATHERS WHOT PUTANGO GET FROM THEM !!! YES - PUTANGO IS A DICTATOR, NOT SO STUPID LIKE AFRICAN DICTATORS, BUT HI IS REAL? REAL - REAL DICTATOR !!!!

Putin is germany so he dont care about russians
Germany rules the world
Also germany switxerland

[bryant.coleman]

Russia is really difficult country to understand with, but recently they are doing some better things which can bring some good changes because now few are understanding they cannot go with this all Oil and natural gas is surely their main assets, but now they have good changes in Agriculture this can give some better impact to all those want to check how they are doing good in different ways.      

https://en.wikipedia.org/wiki/Agriculture_in_Russia

There is a reason why agriculture is not much developed in Russia despite its huge surface area. Russia spans over 17 million square kilometers, but most of that area is unsuitable for agriculture. The most productive agricultural region is located in the south-western part, in the provinces of Krsnodar, Rostov and Stavropol. But recently this region has faced repeated droughts as a result of climate change. They are trying their luck in the meat industry, which is more suitable for the northern regions of Russia. From what I heard, there is some success, but it may take more than a decade to properly develop that sector.

[Argoo]

On oil and gas supplies: besides the global drop in oil prices, Russia has a more significant problem - the loss of markets! The EU is smoothly reducing the presence of Russian hydrocarbons. These supplies are ready to replace the USA, Norway, the Emirates and others with pleasure and at market prices. China is cutting Russian gas consumption and controlling Russian gas prices. All this leads to the degradation of the economy.
I recommend either to study the issue more fully (if you did not know), or to publish comprehensive information, because easy to spot "deliberate hiding of inconvenient facts" (if you tried to manipulate data)

If the economy is based on a single asset, it will always be vulnerable to price changes and drop in consumer demand. The EU nations have a policy of moving towards renewable sources of energy, so in the long term it is very likely that the import of Russian gas/oil to these countries will taper off. The Nord Stream 2 pipeline has cost more than $10 billion till now, and it is not known whether they will be even able to complete it's construction. The Asia-Pacific market was promising, but the Russian government ignored it during the early phases. And it always surprised me that being the largest country by surface area in the world, Russia had to import most of its food requirement. This is what focus on just one commodity can do to you.

The problem with the Russian ruble will continue to worsen. The world, and first of all Europe, has taken a course towards a gradual transition to renewable energy sources, and therefore the consumption of gas and oil will fall. In addition, Russia is now pursuing an extremely aggressive foreign policy, relying on strength and its military might. And this can only give a temporary effect, which ends in a dead end. Until Russia returns the seized territories of Ukraine, and Putin is not yet going to do this, the sanctions will only intensify and there may be a complete international ban on the purchase of Russian gas and oil. We are now seeing further depreciation of the ruble after Biden called Putin a murderer. This situation will only get worse.

[Vishnu.Reang]

The problem with the Russian ruble will continue to worsen. The world, and first of all Europe, has taken a course towards a gradual transition to renewable energy sources, and therefore the consumption of gas and oil will fall. In addition, Russia is now pursuing an extremely aggressive foreign policy, relying on strength and its military might. And this can only give a temporary effect, which ends in a dead end. Until Russia returns the seized territories of Ukraine, and Putin is not yet going to do this, the sanctions will only intensify and there may be a complete international ban on the purchase of Russian gas and oil. We are now seeing further depreciation of the ruble after Biden called Putin a murderer. This situation will only get worse.

If you think that sanctions will force Putin to cede the territories under Russian control, then you are mistaken. He can't do that, because if he concedes these demands then the strongman image that he has built over so many decades will be lost and his political career will be finished. And I am 100% sure that his successor will be even more aggressive when compared to Putin. Already names such as Ramzan Kadyrov and Seregey Shoigu are being talked about as potential successors to Putin.

[pixie85]

Russia with Putengo(aka W. Pputin  is a HARD, VERY HARD, VERY,VERY,VERY HARD COUNTRY !!!

Is a good news - all world talk now about Putango Palace, - YES, THIS MONEYS FROM GRANDMOTHERS AND GRANDFATHERS WHOT PUTANGO GET FROM THEM !!! YES - PUTANGO IS A DICTATOR, NOT SO STUPID LIKE AFRICAN DICTATORS, BUT HI IS REAL? REAL - REAL DICTATOR !!!!

Putin is germany so he dont care about russians
Germany rules the world
Also germany switxerland

All these people are there to make money and politics is only a game they play.

We all saw the palace that former Ukraine president built for himself. We also saw Putin's palace. They all have billions and shit in gold plated while their citizens live in poverty.

Russian currency has its own problems but the bigger problem is corruption.

[aesma]

The problem with the Russian ruble will continue to worsen. The world, and first of all Europe, has taken a course towards a gradual transition to renewable energy sources, and therefore the consumption of gas and oil will fall. In addition, Russia is now pursuing an extremely aggressive foreign policy, relying on strength and its military might. And this can only give a temporary effect, which ends in a dead end. Until Russia returns the seized territories of Ukraine, and Putin is not yet going to do this, the sanctions will only intensify and there may be a complete international ban on the purchase of Russian gas and oil. We are now seeing further depreciation of the ruble after Biden called Putin a murderer. This situation will only get worse.

If you think that sanctions will force Putin to cede the territories under Russian control, then you are mistaken. He can't do that, because if he concedes these demands then the strongman image that he has built over so many decades will be lost and his political career will be finished. And I am 100% sure that his successor will be even more aggressive when compared to Putin. Already names such as Ramzan Kadyrov and Seregey Shoigu are being talked about as potential successors to Putin.

Putin has built a popularity over decades, partly by eliminating all competition, succeeding him will be very difficult. A "stronger man" might lead to a revolution.

[GbitG]

Russia with Putengo(aka W. Pputin  is a HARD, VERY HARD, VERY,VERY,VERY HARD COUNTRY !!!

Is a good news - all world talk now about Putango Palace, - YES, THIS MONEYS FROM GRANDMOTHERS AND GRANDFATHERS WHOT PUTANGO GET FROM THEM !!! YES - PUTANGO IS A DICTATOR, NOT SO STUPID LIKE AFRICAN DICTATORS, BUT HI IS REAL? REAL - REAL DICTATOR !!!!

Putin is germany so he dont care about russians
Germany rules the world
Also germany switxerland

All these people are there to make money and politics is only a game they play.

We all saw the palace that former Ukraine president built for himself. We also saw Putin's palace. They all have billions and shit in gold plated while their citizens live in poverty.

Russian currency has its own problems but the bigger problem is corruption.

Russia is a great country but sadly never been managed as its need to be because mostly corrupt peoples take authorities and use this all for personal ego never for this country right now Putin is also doing as happened in the past, but few things are giving positive indicators if they are able to bring some better system then surely they can improve their structure, and surely they can take some good advantages over many countries.

[awik p]

Russia with Putengo(aka W. Pputin  is a HARD, VERY HARD, VERY,VERY,VERY HARD COUNTRY !!!

Is a good news - all world talk now about Putango Palace, - YES, THIS MONEYS FROM GRANDMOTHERS AND GRANDFATHERS WHOT PUTANGO GET FROM THEM !!! YES - PUTANGO IS A DICTATOR, NOT SO STUPID LIKE AFRICAN DICTATORS, BUT HI IS REAL? REAL - REAL DICTATOR !!!!

Putin is germany so he dont care about russians
Germany rules the world
Also germany switxerland

All these people are there to make money and politics is only a game they play.

We all saw the palace that former Ukraine president built for himself. We also saw Putin's palace. They all have billions and shit in gold plated while their citizens live in poverty.

Russian currency has its own problems but the bigger problem is corruption.

Russia is a great country but sadly never been managed as its need to be because mostly corrupt peoples take authorities and use this all for personal ego never for this country right now Putin is also doing as happened in the past, but few things are giving positive indicators if they are able to bring some better system then surely they can improve their structure, and surely they can take some good advantages over many countries.

corruption that has happened before seems to have become a culture for now in the country. it does require a breakthrough in fixing it. I think Putin will keep trying to change the existing order. With the current development of crypto in this country, of course, it must be regulated so as not to harm the country, as we already know its nature