Inflation hits Russia

[_act_]

USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

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[Lucius]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

[pinggoki]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

That could probably work but Ukraine will definitely mention it as a part of the negotiation that the invaded territories be returned to Ukraine. The best course of action here is to piss off the Russian bear by having all the countries mobilize their military, we are a hopeless species so why not go all out and insure a mutually assured destruction. Regarding the oil, can't the whole Europe just switch to Middle East? I'm assuming that they don't want to because it's going to make the oil much more expensive.

[paxmao]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

I always thought that it was a mistake to enter in such a dependency from Russia. It is an unreliable supplier at best and has a history of going mostly against western Europe interests. Nevertheless, there are not that many Gas producing countries you can choose from and it is very efficient to move gas via a pipe rather than having to liquate transport by ship and then re-gas.

This war of aggression by Putin will serve Europe to make sure they consider carefully the future energetic mix, supply chains and may also bring neutral countries into the NATO rather than the opposite.

[Argoo]

In fact, everything is much more serious than what you wrote here. If inflation in Russia increases another tenfold, then this will only be flowers compared to what should happen to Russia's finances and economy in the near future. The question is whether the Russian economy will be able to survive at all from the consequences of the attack on Ukraine and the “hellish” international sanctions imposed after that.
It is already obvious that invincible Russia is losing the war with a relatively small Ukraine. So let's see what will happen to Russia in just a few months.

[davis196]

I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war.

The EU might be dependent on the Russian oil and gas,but Russia is dependent on the revenue it gets from selling the oil and gas to the EU members.This is more like a codependency,and Russia can't easily switch to selling more oil and gas to China,due to the lack of enough pipelines.
Both the Russian and Ukrainian national currencies were hit by big devaluation,which is normal,if we consider the situation.
It has been historically proven that a war inevitably leads to inflation/currency devaluation inside the countries,that are participating in a military conflict.

[Gozie51]

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

You don't expect the sanctions not to bounce on the Russian economy but it is only coming to me faster than I expect but I'm not surprised. I thought Russia got it worked out already. The heavy blow on Russia for now is the remover of their banks from swift. I watched the EU president (Ursula von der Leyen) speech on the sanction, the woman said with that action it would be difficult for Russia to trade easily and that will affect their economy e also getting military facilities to prosecute the war will be difficult. I think all the sanctions are all rolling out different effect. Russia and Ukraine are suppose to have discussion in Belarus border, we hope for resolution and peace to come back to them.

[Hydrogen]

Over the last decade, I think the quantity of food russia natively produces has steadily risen, as they have sought to become more independent and rely less on foreign imports. Not many remember the war in crimea which occurred back in 2014. The last war in ukraine which occurred roughly 8 years ago. Since then, it appears russia has taken steps to harden their economy against events like sanctions. Certianly we have many reports in the media claiming that russia's economy is in dire straits and being hit hard. Yet it is entirely possible that rumors of russia's economic demise are premature and exaggerated at best.

Russia being the 3rd largest producer of oil in the world, would appear to have their energy sector covered. Russia may also be the largest provider of nuclear fuel in the world. Their food production is likely up to the task of self sufficiency, as I believe they export some of the food they produce abroad.

They have also very obviously taken steps to segregate their networks and communications from global communication any way they can to prevent electronic interference.

Areas where russia could be vulnerable may be semiconductors and other items which are already difficult to obtain in global markets. But I do not think that would greatly affect the distribution of military power or anything that is relevant.

I don't think there are any easy methods to disrupt russia's economy which is currently structured to be resistant to inflation more than all other major economies in the world. I don't think these negative headlines about russia's economy will age well. But we can see.

[Natalim]

Obviously, it will happen because other countries are sanctioning Russia, however, I think they already know the effect of the war and they are ready for it. I'm hoping the war will stop but as we are seeing Ukraine is not surrendering and they are fighting until the last drop.

it's not about the economy now, it's about on which country will survive.

[Lucius]

Regarding the oil, can't the whole Europe just switch to Middle East? I'm assuming that they don't want to because it's going to make the oil much more expensive.

We are talking about gas here, not oil. Norway is the second-largest producer in Europe after Russia, but its export potential is almost half that of Russia (data for 2020). It is most cost-effective to transport gas through gas pipelines, and delivering it by ship only means a higher price for the final consumer. In addition, such a system of transport by ships means that it is necessary to provide infrastructure in the form of LNG terminals (Liquified Natural Gas) because the gas on ships is converted into a liquid, and then returned to the gaseous state in the terminal.

I always thought that it was a mistake to enter in such a dependency from Russia. It is an unreliable supplier at best and has a history of going mostly against western Europe interests. Nevertheless, there are not that many Gas producing countries you can choose from and it is very efficient to move gas via a pipe rather than having to liquate transport by ship and then re-gas.

Of course, it is a mistake, but the one you are forced to do because you simply have no other choice if you want cheap energy. If we go back to the past and the Second World War, we know that Hitler attacked Russia precisely because of its resources, and that ultimately cost him defeat. History would be quite different if he succeeded, but let's say that Russia still keeps Germany and a good part of EU countries in a very awkward position - although I don't understand why Russia continues to supply gas to the EU.

Especially when the decision was made that the EU will start sending weapons to Ukraine - which means that the Russians will suffer even greater losses in manpower and combat vehicles, but also in the air force.

From its own stockpile, the German government will send 1,000 anti-tank weapons and 500 Stinger anti-aircraft defense systems to Ukraine. The government has also authorized the Netherlands to send Ukraine 400 rocket-propelled grenade launchers and told Estonia it ship over send nine howitzers.

[beerlover]

What did they expected? I mean whatever they do, will be done to them and that is the nature of the war. They are fighting against Ukraine? Well Ukraine will fight against them. They want to stop Nato from doing something? Well Nato will help Ukraine win the war. They want to use their money for power grabbing all around the world? Well their money will be seized (hence inflation).

Even in a very harsh nuclear situation, if they ever send Nuclear weapons to anywhere in the world, I guarantee you there will be nukes sent their way as well and they may think that maybe they can stop them, but there are over 15 thousand nukes in the world, eventually a few will hit. So long story short, inaction would be the best resolution for them.

[gantez]

They want to stop Nato from doing something? Well Nato will help Ukraine win the war.

Sorry here I don't think that NATO as an organization will be doing anything on that. In this Ukraine is not a member of NATO and this can't allow NATO to start any fight with Russia. They can protect the NATO state in the area. Ukraine can rely more on EU to help to tighten sanctions against Russia and for the main time EU is already giving out sanctions to Russia and the economy is feeling the impact. The Russian people have been blocked from many financial payment system and that is giving alot of queues in banks. Master and Visa card, Apple are all not giving service to Russia people.

[tyz]

Not only the ruble but also the stock market, for example, has collapsed by 70% in the last days. If you add to this the massive drop in the value of the Russian currency, then shares have lost almost 97% of their value within a good week and a half. This is unprecedented in history and has not happened even during the most severe crashes. I would not have thought something like this possible, not at this speed.

[dezoel]

Quite funny how some people have been saying that Putin have planned this for long and he’s prepared for what’s coming, lol, this shows he has no plans at all. I guess he thought that the world relies too much on Russia, but that’s not true from what we are seeing right now, since there will always be alternatives.

Russia would be the one to suffer this the most, they are the ones that are being sanctioned and their economy would start taking the hit and would continue falling. The way I am seeing it, the world is solidly in support of Ukraine right now, so the best thing that Russia can do right now is to stop this invasion and not continue fighting.

[tabas]

Quite funny how some people have been saying that Putin have planned this for long and he’s prepared for what’s coming, lol, this shows he has no plans at all. I guess he thought that the world relies too much on Russia, but that’s not true from what we are seeing right now, since there will always be alternatives.

I'm not sure but I've read somewhere that in the past several years, they're also about to do the same attack but has been stopped and delayed. But as for the plan, let's say that it's been planned by him, by them. However, they haven't foreseen the economic impact of what they've planned to do. Right now, the sanctions are pulling their economy down and it's really going to be hitting them very badly if they won't stop anytime soon. With what I'm seeing on their stand, it seems that they really aren't going to stop soon unless Ukraine has given them the favors and decisions that Russia is just waiting for.

[Obito]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

That's unlikely, I believe that Putin wants Ukraine to be conquered because he wants the history books to tell that Russia was the origin and not Ukraine even though Ukraine existed far longer than Russia. I hope that the economic sanctions would be enough to make them stop this war.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Not the whole EU, I think that some Scandinavian regions have already adopted towards green energy and slowly distancing themselves from using oil as a source of energy, I've heard of one EU country that have incentivize the ownership of an electric car although I forgot the name of that country but I am sure it's from Europe, and wouldn't some countries in EU be able to get their oil in Middle East or Africa?

[raidarksword]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

[Emitdama]

They want to stop Nato from doing something? Well Nato will help Ukraine win the war.

Sorry here I don't think that NATO as an organization will be doing anything on that. In this Ukraine is not a member of NATO and this can't allow NATO to start any fight with Russia. They can protect the NATO state in the area. Ukraine can rely more on EU to help to tighten sanctions against Russia and for the main time EU is already giving out sanctions to Russia and the economy is feeling the impact. The Russian people have been blocked from many financial payment system and that is giving alot of queues in banks. Master and Visa card, Apple are all not giving service to Russia people.

The rate of sanctions being slammed at Russia has led to a serious meltdown of their economy. Going through the news as of recent and I noticed that their currency has even lost much of its value within a very short period, 1 Russian ruble is worth below one cent now.

And yes as you have said, Ukraine won’t be getting any much support from NATO since they are not a member of the organization yet, so they would only be getting supports such as the EU sanctioning the Russia as they are doing right now, and US has also sanctioned them too, which would definitely bring down their economy in so many levels.

[Anonylz]

USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

Nothing good comes out of war except very damaging aftermath, many infrastructures are being destroyed which on its own is a setback to the economy of the country in question, in addition to sanctions from various political and economic unions which will further damage the economy even more,
Putin is a hothead and I hope he realizes the depth of his action, he can decide to put an end to the war to prevent further destruction.

Russia is not the only crude oil producing country, in this situation, they don't have a choice but to go with other available alternatives.

[Sebas.tian]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

Infant both Russian and Ukraine,it will take them some years before they can recover from their losses in this war situation that is going on their countries. Just 5 days the war has started, many people has loss their lives and properties  and many companies has packed up because of the war that is affecting their workers and customers in the country. Inflation has started already in the both countries because war is the major thing that cause inflation to humanity. The two countries find it difficult to feed very well over 5 days the war has started between Russian and Ukraine which is seriously causing damages to their economy and education sectors because all schools in those two countries has been closed down few days ago for the safe of the students and staffs in the countries.

[tyz]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus. Then Ukraine would have a bad day economically, just like Russia. However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

[gantez]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

[Emitdama]

Infant both Russian and Ukraine,it will take them some years before they can recover from their losses in this war situation that is going on their countries. Just 5 days the war has started, many people has loss their lives and properties  and many companies has packed up because of the war that is affecting their workers and customers in the country. Inflation has started already in the both countries because war is the major thing that cause inflation to humanity. The two countries find it difficult to feed very well over 5 days the war has started between Russian and Ukraine which is seriously causing damages to their economy and education sectors because all schools in those two countries has been closed down few days ago for the safe of the students and staffs in the countries.

Depending on the damage, the bigger the damage is, the longer the recovery. I think it was Ukraine that is affected in terms of property damages but they can worry less because other countries are supporting them. If there is one that will suffer the most, that will be Russia because of the sanctions given to them.

Business and schools like you said can be cancelled for a while but it can be resumed as soon as possible, it's important but lives are more important because once it's lost it can never be returned again. It's only sad that there are innocent people that have been killed already. The Russian president must pay big for this.

[Ararbermas]

Obviously, it will happen because other countries are sanctioning Russia, however, I think they already know the effect of the war and they are ready for it.

for sure putin already knows that there will be an impact on their economy after that war, wherein  probably he preferred to sacrifice everything just to invade Ukraine because of his pride as well.

But still they're the fifth world's leading exporter, so we might be affected of some reason because of the inflation.

[mindrust]

I always thought that it was a mistake to enter in such a dependency from Russia.

You know who else said the same thing?

Trump did.

https://9gag.com/gag/aBndj6x

He said the same thing right in the face of the Europeans and they came up with all kinds of excuses. He says the former chancellor of Germany owns a gas company that imports the gas from Russia, wohoo that's a new low.

[FanEagle]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

I wouldn't need to guess, the west is already sending a lot of stuff. Just yesterday it was officially notified that they are sending 500 million Euros worth of military equipment. From guns to drones to even something as simple as long lasting foods (canned foods and so forth) with even some clothing armors and so forth, with trucks and all.

So, basically everything you can imagine that would be needed aside from Missiles if I am not wrong, that one was missing from what I read, but I could be wrong. All in all, we are talking about a ton of new stuff, and Ukraine bought some more drones from Turkey which proved to be amazingly efficient in this war, 5 or 6 new ones just today, meaning they can keep on buying more, and if turkey has more than they will sell them too.

[Taskford]

Obviously, it will happen because other countries are sanctioning Russia, however, I think they already know the effect of the war and they are ready for it.

for sure putin already knows that there will be an impact on their economy after that war, wherein  probably he preferred to sacrifice everything just to invade Ukraine because of his pride as well.

But still they're the fifth world's leading exporter, so we might be affected of some reason because of the inflation.

This is expected if there's a war happen between in two countries and even if we are far from them we can still feel the effect of the conflict since the price of gas and other goods rise up and inflation rate in the world rise to so for sure Russia is not the only one suffer from this. But I'm sure they can recover easily since they are self sufficient country and those small countries or shall we say 3rd world country will be the one who will badly hit for this inflation.

[The Sceptical Chymist]

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus.

I'm not sure puppet governments are ever good, but we'll have to see how this whole thing turns out.  I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

The radio was saying today that one ruble is worth $0.01 or something like that.  I haven't checked the history of the USD/Ruble value, but I'm assuming that the ruble is worth a lot less today than it was prior to the invasion of Ukraine.  Whatever Putin gains from this, it's sure going to cost the citizens of Russia a lot if there's serious inflation that arises in the near future.  Again I say, what a mess this is.

[BlackHatCoiner]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

[Gyfts]

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus.

I'm not sure puppet governments are ever good, but we'll have to see how this whole thing turns out.  I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

The radio was saying today that one ruble is worth $0.01 or something like that.  I haven't checked the history of the USD/Ruble value, but I'm assuming that the ruble is worth a lot less today than it was prior to the invasion of Ukraine.  Whatever Putin gains from this, it's sure going to cost the citizens of Russia a lot if there's serious inflation that arises in the near future.  Again I say, what a mess this is.

Well, Ukraine was a puppet government for the West, as unpopular as that idea may be. The Ukrainian government was heavily influenced by the West with anti-Russian pressure. So we only consider puppet governments to be good when it benefits the interest of a country or group of countries.  I don't consider puppet governments a bad thing, as long as they embrace western values/capitalism - a Putin installed puppet would be a pseudo-democracy and Russian proxy.

As far as inflation goes, ruble was already leaning towards being worthless because of how fragile the Russian economy was pre-invasion. Putin needs Ukraine because he prepaid for the war and his gamble must pay off.

[Scripture]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

This is the consequences, let’s just see if they are well prepared for this invasion since they are not just losing money here, they are also losing soldiers which is really a bad one.

Many economic sanctions will happen, they will hit hard Russia and there will be a long term effect of this one. Hoping that China wont do the same shit, because they will also suffer for sure.

[24Kt]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

This is the consequences, let’s just see if they are well prepared for this invasion since they are not just losing money here, they are also losing soldiers which is really a bad one.

Many economic sanctions will happen, they will hit hard Russia and there will be a long term effect of this one. Hoping that China wont do the same shit, because they will also suffer for sure.

I believe, Putin already knows these possible consequences. And for the sake of his self-interest, it seems that he doesn't care about the welfare of its people just to serve his power over Ukraine. This can easily go to worse because if Putin will activate their nuclear weapon, the world may possibly unite to stop the madness of Putin. So we will see in the next coming days, because this invasion has been losing a lot of lives already.

[Argoo]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus. Then Ukraine would have a bad day economically, just like Russia. However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

With each new day, it becomes more and more obvious that the advantage and initiative in the war goes to Ukraine. Russia suffers heavy losses in manpower and equipment, but has not achieved its goals in any of the four main directions of attack. Putin expected to capture Ukraine in three days, so the Russian troops were provided with food, fuel and ammunition for this period. Russian soldiers themselves do not understand what they are doing in Ukraine and for which they are already dying by the thousands. Therefore, they often leave their military equipment without fuel and run away or surrender.
At the same time, every citizen of Russia has already felt the effect of the latest international sanctions, which are simply disastrous for the Russian economy.
Ukraine needs to hold out until about March 10th. After that, the war will decline and end with a complete victory for Ukraine. Russia will not only get out of all the occupied territories of Ukraine, but will also be forced to rebuild the destroyed settlements in Ukraine and compensate for the losses caused to it. Only after that the sanctions will be lifted from it.

[jc12345]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

Infant both Russian and Ukraine,it will take them some years before they can recover from their losses in this war situation that is going on their countries. Just 5 days the war has started, many people has loss their lives and properties  and many companies has packed up because of the war that is affecting their workers and customers in the country. Inflation has started already in the both countries because war is the major thing that cause inflation to humanity. The two countries find it difficult to feed very well over 5 days the war has started between Russian and Ukraine which is seriously causing damages to their economy and education sectors because all schools in those two countries has been closed down few days ago for the safe of the students and staffs in the countries.

Should this war end with the current Ukrainian government still in place, the chances are high that the West will assist Ukraine to recover with money and reconstruction, which means that Ukraine will recover much quicker than Russia.

[tyz]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

Unfortunately, this presupposes that Russia loses the war and Ukraine retains all or most of its territorial integrity and that Russia agrees to allow Ukraine to move closer to the West. All of that is very far from a possibility right now. The only chance is that Russia will experience regime change and a leader like Gorbachev will come to power. Also very unlikely at the moment.

[BlackHatCoiner]

[...]

The good of the case is that some have become concerned about the way money works[1]. Especially Russians, who saw their savings gone in just one week, because their "master" decided to start a war. Among this SWIFT nonsense, there are Russians and Ukrainians who've become obsessed by the idea of digital cash that is none's control.

[1] "I often wonder how money is stored".

[Odusko]

The economic effect of the war is going to be felt globally as the supply chain is gradually being affected, Russia is among the world's largest suppliers of gas and if they are boycotted in the supply of gas it will affect the economy of those countries that depend on Russia for gas supply. But I know this sanctioning will force Russia to easy in attack weaker countries both now and in the future. The rate of inflation is already high in Russia due to this war and that will lead to a long-term negative impact on the Russian reserve.

[SquallLeonhart]

The two-faced approach that west has towards Russia is understandable. I mean when USA invades another nation, for example like Syria or Iraq and what not, should they sanction themselves? Or do you expect other west nations partnered with them to sanction USA? Who do you expect to sanction USA in that sense? They are all as one, and they are acting as one.

In reality Iraq war had all of the west invading Iraq as well, even the ones that didn't send soldiers just supported them psychologically as well, or just sent money instead of soldiers. So, it is 100% understandable to not have sanctions. It would be like China sanctioning Russia in this Ukraine war, or North Korea doing the same, that would not make sense.

[Johnyz]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

[Viscore]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

The saddest thing about this is that Putin was ready for that but simple people will suffer a lot. It is sad to see that there are many people will be hurt in many ways. While putin and other elites will just live comfortable as they are.

[tyz]

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

IKEA announced yesterday to shut down all stores and stop all production of furniture in Russia and Belarus. As a result, there was a panic buying in IKEA stores. Similarly, other Western companies will withdraw their business from Russia. It will be a dark time for the Russians. I have read in various threads that many Russians are now betting on China, but China may be able to cushion things a bit, but certainly not prevent the collapse of the Russian economy.

[so98nn]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

That could probably work but Ukraine will definitely mention it as a part of the negotiation that the invaded territories be returned to Ukraine. The best course of action here is to piss off the Russian bear by having all the countries mobilize their military, we are a hopeless species so why not go all out and insure a mutually assured destruction. Regarding the oil, can't the whole Europe just switch to Middle East? I'm assuming that they don't want to because it's going to make the oil much more expensive.

You wish that would have been so easy. Well as far as news are concerned I see that NATO is abandoning the Jelensky's SOS call. They even did not agree for the restriction of Ukrainian Air Space and neither any of them are supplying the arms and weapons as of this time. They did show some hope at the initial point however, its gone to the sink now and no one is stepping further.

They know very well if they try anything stupid in hurry then European countries would be hit as well. Russia has become madhouse now and they are not thinking straight.

The more the financial burden will increase the higher they will go rogue and east or south they gonna start to drop the bomb.

So I am not surprised by the USDT gaining inflation. This was supposed to happen in war circle.

[sana54210]

You wish that would have been so easy. Well as far as news are concerned I see that NATO is abandoning the Jelensky's SOS call. They even did not agree for the restriction of Ukrainian Air Space and neither any of them are supplying the arms and weapons as of this time. They did show some hope at the initial point however, its gone to the sink now and no one is stepping further.

They know very well if they try anything stupid in hurry then European countries would be hit as well. Russia has become madhouse now and they are not thinking straight.

The more the financial burden will increase the higher they will go rogue and east or south they gonna start to drop the bomb.

So I am not surprised by the USDT gaining inflation. This was supposed to happen in war circle.

NATO doesn't restrict the air space, but they are sending weapons. Most noticeably Turkey does and they are a NATO member. There are like millions of dollars coming from each nation as well, which Ukraine could use for war efforts obviously. So, even though they do not do something directly, they help Ukraine do something.

If they closed the airspace, then it would mean Russians could still fly over Ukraine and Nato would have to either say "we said that is not allowed and you broke it, we are at war" and we all know they can't or they would have to say "we didn't allow that but we are scared to get involved" and they do not want to say that so they didn't closed the airspace. So, what do they do? Send guns and weapons and drones and money, so that Ukraine could handle it themselves.

[SaveOurSea]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

The saddest thing about this is that Putin was ready for that but simple people will suffer a lot. It is sad to see that there are many people will be hurt in many ways. While putin and other elites will just live comfortable as they are.

The reality is like that and it will also happen to other countries if they do the same as Russia,
they do not think about their citizens who will be affected by the sanctions imposed,
We can also see that there are some people who protested against the Russian government and in the end they were arrested, which is really sad

[jhonjhon]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

The saddest thing about this is that Putin was ready for that but simple people will suffer a lot. It is sad to see that there are many people will be hurt in many ways. While putin and other elites will just live comfortable as they are.

The reality is like that and it will also happen to other countries if they do the same as Russia,
they do not think about their citizens who will be affected by the sanctions imposed,
We can also see that there are some people who protested against the Russian government and in the end they were arrested, which is really sad

Sad reality but this is true. Economic sanctions havent really had a significant impact on government such as Russia. It really affects the common people of the country. People have been punished for the actions of government, who cannot influence in any way. So much damage, so much hurt to so many people. And those leaders, not hurt as much.

[Dunamisx]

Russians are suffering alot from the effect of the sanction placed, now that some of the world payment service providers are shutting down in Russia but allowing users to withdraw their assets signals that the only alternative it has is the use of cryptocurrency since it Rubble value is already against the USD all time low for the first time inflation will definitely spark in as a result, but is it the solution?

Well, am at the other side being excited because bitcoin among other cryptos may gain full access to be legalized as a legal tender in Russia, since paypal, mastercard, visa among others have strictly adhere to the call on sanction, and it Rubble has already fall, psychologically the next available option for them is to look into cryptocurrency in other to find a way out.

[Gozie51]

Well, am at the other side being excited because bitcoin among other cryptos may gain full access to be legalized as a legal tender in Russia, since paypal, mastercard, visa among others have strictly adhere to the call on sanction, and it Rubble has already fall, psychologically the next available option for them is to look into cryptocurrency in other to find a way out.

It will be hasty for Russia to run under bitcoin for their transaction because that won't be the solution for their problem. They were already making plans to legalize bitcoin before the war and I think the solution is for Putin to stop the war first before he can look into the economy. If he makes bitcoin legal just immediately because of what his citizens are passing through, it won't make any sense that he did that now that fiat is not circulating in the economy.

[Argoo]

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

IKEA announced yesterday to shut down all stores and stop all production of furniture in Russia and Belarus. As a result, there was a panic buying in IKEA stores. Similarly, other Western companies will withdraw their business from Russia. It will be a dark time for the Russians. I have read in various threads that many Russians are now betting on China, but China may be able to cushion things a bit, but certainly not prevent the collapse of the Russian economy.

I don't know what Putin was thinking when he started this big war. It was foolish to hope that the Ukrainians would simply surrender without a fight, but that seems to be exactly what Putin was hoping for. The current 150,000-strong Russian army that invaded Ukraine had a dry ration for three days. Before that, this army was dangling near the border of Ukraine in the mud for several months and now it is a hungry, tattered mass, armed with the latest weapons. True, more and more often they leave their equipment without fuel and run away, or surrender. There are already more than 2,000 captured Russians in Ukraine, and their number continues to grow.
Russia's open and absolutely brazen attack on Ukraine caused an unprecedented condemnation of the countries of Europe and the whole world, as well as the most severe sanctions. Large current inflation is flowers compared to what awaits Russia in the future.

[Taskford]

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

IKEA announced yesterday to shut down all stores and stop all production of furniture in Russia and Belarus. As a result, there was a panic buying in IKEA stores. Similarly, other Western companies will withdraw their business from Russia. It will be a dark time for the Russians. I have read in various threads that many Russians are now betting on China, but China may be able to cushion things a bit, but certainly not prevent the collapse of the Russian economy.

I don't know what Putin was thinking when he started this big war. It was foolish to hope that the Ukrainians would simply surrender without a fight, but that seems to be exactly what Putin was hoping for. The current 150,000-strong Russian army that invaded Ukraine had a dry ration for three days. Before that, this army was dangling near the border of Ukraine in the mud for several months and now it is a hungry, tattered mass, armed with the latest weapons. True, more and more often they leave their equipment without fuel and run away, or surrender. There are already more than 2,000 captured Russians in Ukraine, and their number continues to grow.
Russia's open and absolutely brazen attack on Ukraine caused an unprecedented condemnation of the countries of Europe and the whole world, as well as the most severe sanctions. Large current inflation is flowers compared to what awaits Russia in the future.

He knows what he is doing since he have experience in terms of going to combat but maybe he's down playing things regarding on those sanction that's why we see them suffering in some cases. But I don't think this will end up the war because it looks like this action taunt him to do more counteraction until Ukraine didn't surrender to them.

[beerlover]

He knows what he is doing since he have experience in terms of going to combat but maybe he's down playing things regarding on those sanction that's why we see them suffering in some cases. But I don't think this will end up the war because it looks like this action taunt him to do more counteraction until Ukraine didn't surrender to them.

Everyone keeps saying that Putin knows what he is doing, but nobody is aware that he is a 70+ year old dictator on a power trip and trying to get whatever he wants because that is what he is used to, and more like a child crying in the middle of a supermarket calling moma I want to buy this thing and when she refuses that kid keeps on crying and disturbing everyone. That is the case here, we are not going to end up with anything special with Putin does and suddenly go "oohh that's what he was going for, now I get it, wow such a smart move".

No, he is just a dictator on a power trip trying to get away with whatever he wants, and this will keep on hurting Russians.

[Silberman]

USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

It will be interesting to see what will happen next, personally I find the timing to declare the war weird, after all we were slowly getting out of the pandemic and it seemed as if things were slowly going back to normal, not only in our lives but also with the economy that have been suffering tremendously due to the pandemic, and then Putin choose to go to war at that moment, buy why he did so? Did he thought that if he invaded Ukraine now the sanctions would not be as bad as they are as Europe would be afraid of giving Russia heavy sanctions due to their dependence on their natural resources and the difficult economic situation they are facing? Because if that is what he thought then without a doubt he made a miscalculation there.

[Rockstarguy]

No matter how weather Russia is in gas inflation will still hit Russia  because of the sanctions giving to Russia by the  UN. If the war still continues I think inflation will still hit Russia more,  Russia is well known as a nation that is very rich in oil and gas that other countries depend on, but are still other countries that are also rich in gas which the US and other countries can make trade with. No matter  how  weathy a country economy is war will always bring it down because every sectors that generates income will surely be affected.

[DrBeer]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Today is March 9th. Today, the United States has decided to ban the purchase of hydrocarbons in Russia. The EU is phasing out Russian oil and gas, and have made strategic decisions to phase out this "supplier" entirely. Sanctions block deliveries of hydrocarbons from Russia to key markets. The financial system is at its peak. Western companies have left the market. Production stops. Fierce inflation is gaining momentum ... This is only 14 days from the start of the war, and 10 days from the start of sanctions. What do you think - what will happen by the summer of 2022?

[justdimin]

No matter how weather Russia is in gas inflation will still hit Russia  because of the sanctions giving to Russia by the  UN. If the war still continues I think inflation will still hit Russia more,  Russia is well known as a nation that is very rich in oil and gas that other countries depend on, but are still other countries that are also rich in gas which the US and other countries can make trade with. No matter  how  weathy a country economy is war will always bring it down because every sectors that generates income will surely be affected.

Someone on twitter said it best, and I loved it when I read it "if the price of gas goes to a trillion dollars but Russia has absolutely nobody to sell, then what is the point?". All in all if Russia is sanctioned off from the major buyers, and only a few places can still continue to buy from them, then they will have to make some changes to the price and lower it because if they can't sell it to those few nations then who will they sell it to?

West meanwhile could just open a listing and say "whoever sells us cheapest, will get this money" and get it from anyone they want to. There is really nothing major about this that doesn't hurt Russia, everything will hurt Russia from now on.

[tygeade]

Someone on twitter said it best, and I loved it when I read it "if the price of gas goes to a trillion dollars but Russia has absolutely nobody to sell, then what is the point?". All in all if Russia is sanctioned off from the major buyers, and only a few places can still continue to buy from them, then they will have to make some changes to the price and lower it because if they can't sell it to those few nations then who will they sell it to?

West meanwhile could just open a listing and say "whoever sells us cheapest, will get this money" and get it from anyone they want to. There is really nothing major about this that doesn't hurt Russia, everything will hurt Russia from now on.

What Russia gain from the price going up is the pressure from the people to the governments to stop doing what they are doing to Russia and find a way to drop the price again. Everyone assumed that just because there are sanctions, Russian people will eventually protest against Putin and find a way to get rid of him, so making the life of everyday Russians would cause them to be upset and angry and basically take up their pitchforks. However, Putin is doing the same thing via Oil nowadays.

This way the price of oil and gas will skyrocket, people will be unable to use their oil anymore, and at the end of the day we are going to end up with regular people of Europe or USA starting to protest their own presidents.

[Sithara007]

Today is March 9th. Today, the United States has decided to ban the purchase of hydrocarbons in Russia. The EU is phasing out Russian oil and gas, and have made strategic decisions to phase out this "supplier" entirely. Sanctions block deliveries of hydrocarbons from Russia to key markets. The financial system is at its peak. Western companies have left the market. Production stops. Fierce inflation is gaining momentum ... This is only 14 days from the start of the war, and 10 days from the start of sanctions. What do you think - what will happen by the summer of 2022?

These issues are just temporary. I have repeated this many times - as long as the oil and gas prices remain high, Russia doesn't have anything to worry. Hydrocarbon consumption is going up around the world, and in case the western nations refuse to purchase Russian commodities then they will flow in to China and India (at a discount obviously). Anyway, Putin doesn't care much about the suffering of his own people, and most of the oil revenues will go towards the defense budget (for possible future invasions of Kazakhstan, Baltics and Georgia).

[DrBeer]

Today is March 9th. Today, the United States has decided to ban the purchase of hydrocarbons in Russia. The EU is phasing out Russian oil and gas, and have made strategic decisions to phase out this "supplier" entirely. Sanctions block deliveries of hydrocarbons from Russia to key markets. The financial system is at its peak. Western companies have left the market. Production stops. Fierce inflation is gaining momentum ... This is only 14 days from the start of the war, and 10 days from the start of sanctions. What do you think - what will happen by the summer of 2022?

These issues are just temporary. I have repeated this many times - as long as the oil and gas prices remain high, Russia doesn't have anything to worry. Hydrocarbon consumption is going up around the world, and in case the western nations refuse to purchase Russian commodities then they will flow in to China and India (at a discount obviously). Anyway, Putin doesn't care much about the suffering of his own people, and most of the oil revenues will go towards the defense budget (for possible future invasions of Kazakhstan, Baltics and Georgia).

Let's take a closer look at your statement, shall we? Yes, on the one hand, a superficial assessment - the higher the price of oil / gas, the more money Russia will receive. It seems that everything is logical, it is valuable upwards, Russia receives more income as one of the key market players. But you either do not know or deliberately "forget" some short facts:
1. Oil brand "Urals" is now trying to sell at a high discount, up to 30 dollars per barrel. Why ? Because many buyers have simply abandoned it and are buying more expensive oil from other suppliers.
2. A ban has been introduced on the purchase of Russian oil by many countries. Yes, they are ready for rising prices for oil and its products. And now negotiations are underway with other supplier countries.
3. It is highly likely that the American continent will receive oil from Venezuela (negotiations are underway, and there is a high probability that a compromise will be found)
4. Asian oil is going to Europe.

Bottom line: in the very short term, yes, Russia will still receive some benefit from oil products. In the next and long term - a global decrease in supplies to markets that pay currency. Oil will most likely be bought cheaply by China, for yuan. At the price set by China.

[Silberman]

No matter how weather Russia is in gas inflation will still hit Russia  because of the sanctions giving to Russia by the  UN. If the war still continues I think inflation will still hit Russia more,  Russia is well known as a nation that is very rich in oil and gas that other countries depend on, but are still other countries that are also rich in gas which the US and other countries can make trade with. No matter  how  weathy a country economy is war will always bring it down because every sectors that generates income will surely be affected.

Someone on twitter said it best, and I loved it when I read it "if the price of gas goes to a trillion dollars but Russia has absolutely nobody to sell, then what is the point?". All in all if Russia is sanctioned off from the major buyers, and only a few places can still continue to buy from them, then they will have to make some changes to the price and lower it because if they can't sell it to those few nations then who will they sell it to?

West meanwhile could just open a listing and say "whoever sells us cheapest, will get this money" and get it from anyone they want to. There is really nothing major about this that doesn't hurt Russia, everything will hurt Russia from now on.

It is nothing really new, the one that is holding the money in the negotiations most of the time has the upper hand, obviously replacing Russia completely as a supplier for most countries is simply impossible, but as long as each one of them can reduce their consumption of Russian oil and gas then even if they suffer some negative effects from this, it will not be anywhere near close to what we will see in Russia, as the cumulative effects of the sanctions are now being felt by the bulk of their population.

[Ngewex Yuk]

Slowly the impact of war will be felt and what usually happens is inflation, when there is a war of course a lot of production of goods stops, supply is not maximized so that inflation can have a serious impact in the long term, but the presence of cryptocurrencies can certainly be a helper for Russia so that it does not get hit by inflation. can wreak havoc on the national economy.

[DrBeer]

Slowly the impact of war will be felt and what usually happens is inflation, when there is a war of course a lot of production of goods stops, supply is not maximized so that inflation can have a serious impact in the long term, but the presence of cryptocurrencies can certainly be a helper for Russia so that it does not get hit by inflation. can wreak havoc on the national economy.

Today the exchange rate is 130 rubles/dollar. BUT ! This course does not reflect reality, because. the dollar is simply not for sale, there was a ban on the sale of currency to residents of Russia. It is possible to evaluate the inflationary process by secondary signs - a change in prices for products and goods. So prices in ordinary grocery chains will grow x2-x4. And note that only about 10 days have passed since the sanctions were applied! Now they are introducing a ban on the purchase of hydrocarbons from Russia, which is 40% of foreign exchange earnings. Sales of the Russian military-industrial complex, after the shameful failure of all offensive operations, and the defeat of "unparalleled" weapons, have also almost stopped. Let's wait 3 months, then it will be fun. And you will see that Russia is Zimbabwe with snow, plus fascism and terrorism!

[Poker Player]

Today the exchange rate is 130 rubles/dollar. BUT ! This course does not reflect reality, because. the dollar is simply not for sale, there was a ban on the sale of currency to residents of Russia. It is possible to evaluate the inflationary process by secondary signs - a change in prices for products and goods. So prices in ordinary grocery chains will grow x2-x4. And note that only about 10 days have passed since the sanctions were applied! Now they are introducing a ban on the purchase of hydrocarbons from Russia, which is 40% of foreign exchange earnings. Sales of the Russian military-industrial complex, after the shameful failure of all offensive operations, and the defeat of "unparalleled" weapons, have also almost stopped. Let's wait 3 months, then it will be fun. And you will see that Russia is Zimbabwe with snow, plus fascism and terrorism!

NATO countries are not spared from high inflation either. War is bad for everyone, and economic problems and inflation go back well before the war. If I'm not well, I don't really take comfort in the fact that my neighbor is worse off. The only good thing is to have more democratic systems than in Russia, and not to be in direct armed conflict, for the time being.

[istiak2277]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

[mindrust]

Today the exchange rate is 130 rubles/dollar. BUT ! This course does not reflect reality, because. the dollar is simply not for sale, there was a ban on the sale of currency to residents of Russia. It is possible to evaluate the inflationary process by secondary signs - a change in prices for products and goods. So prices in ordinary grocery chains will grow x2-x4. And note that only about 10 days have passed since the sanctions were applied! Now they are introducing a ban on the purchase of hydrocarbons from Russia, which is 40% of foreign exchange earnings. Sales of the Russian military-industrial complex, after the shameful failure of all offensive operations, and the defeat of "unparalleled" weapons, have also almost stopped. Let's wait 3 months, then it will be fun. And you will see that Russia is Zimbabwe with snow, plus fascism and terrorism!

NATO countries are not spared from high inflation either. War is bad for everyone, and economic problems and inflation go back well before the war. If I'm not well, I don't really take comfort in the fact that my neighbor is worse off. The only good thing is to have more democratic systems than in Russia, and not to be in direct armed conflict, for the time being.

The experts expect the inflation in the US to be at double digits soon. In my country it is already at 50%. It is getting crazy everywhere. Covid19 was bad and now this war is even worse. I can't imagine anything worse than the current situation... Well, maybe a nuclear war...

I wish I didn't make any posts against the vaccines. If you tards had taken your vaccines, none of these would have happened. Now Klaus is going full hitler on everybody because of your non-compliance. I'll drink 3 biontech bottles on Monday. (dunno if it counts now)

[Tony116]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

[Fortify]

USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

We're still in the very early days of seeing the Russian economy collapse. Inflation might be the last of the average citizens as we're seeing trade getting cut off from all of Europe and North America. Russia is set to default on its debt soon, which has always been followed by a devastating recession and it will take a long time to recover since they've effectively isolated themselves from most of the richest countries in the world by starting this war. Very little progress is going to be made in Russia while Putin stays in power, mainly because few countries can count on his word as truthful and many are no longer scared of his bullying tactics. He has shown that he is running not just a terrible economy, but also that he was far from the brilliant military tactician that many perceived he might be.

[gantez]

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

Does this mean that Ukraine as a country don't have fighter jets or the already run out of the one they have ? This is not proper if they lack fighter jets to defend there territory first before requesting for more. And the US is getting a little careful not to direct go into Russia trap with the warning of Putin to NATO countries not to be involved in the armed conflict I think Ukraine need a solution of attacking the Russian jet fighters.

[tyz]

Slowly the impact of war will be felt and what usually happens is inflation, when there is a war of course a lot of production of goods stops, supply is not maximized so that inflation can have a serious impact in the long term, but the presence of cryptocurrencies can certainly be a helper for Russia so that it does not get hit by inflation. can wreak havoc on the national economy.

That's right but also the money printing is usually increased in war times which speed up the inflation as well. In the West, the only problem is that a lot of money was printed before that, which makes things even more difficult. Therefore, it is to be expected for the time being that the central banks, as announced, will reduce the purchase programs in order to have more room for maneuver in the event of a prolonged war.

[LUCKMCFLY]

Well the truth is that this is a very complicated scenario, especially for Russia and its economy that is increasingly suffocated, I have a friend in Russia who is not Russian, he tells me that he had never seen so much fear in the Russians, that the queues in the banks are endless and that everyone is changing like crazy the rubles for the dollar, Eur, that each dollar is very, very expensive, that it is a scenario that was never imagined, that a lot of scarcity is beginning and that fear takes hold of people, that you can't even protest because they are imprisoned, so I think that if this economy doesn't give a break, it would quickly need the intervention of an allied country like China to solve certain economic emergencies.

[DrBeer]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

Russian military power?? Are you seriously ? Ukraine has been holding and repelling them with high quality for 2+ weeks. At the same time, 95% of combat-ready units and divisions of the Russian Federation are now in Ukraine. All offensive operations of the Russian "invincible army" bogged down. Now there are a couple of captured cities and that's it! Instead of fighting, the Russian army engaged in terrorism - the destruction of residential areas, the pressure on the civilian population, the destruction of civilian infrastructure. To conduct military operations against the armed forces of Ukraine - the Russians are afraid as hell of the Bible! What the "most powerful NATO bloc" is afraid of is a possible tactical nuclear strike on the same Poland. Like - let's not provoke. The West does not understand one thing - if Ukraine loses, you are guaranteed to receive, and more than one tactical nuclear strike! Rossya with Putin is Hitler, with brain cancer, and nuclear weapons! He openly declares that Ukraine is the beginning, then we will take Latvia, Lithuania, Estonia for ourselves. Then there will be Poland.. And Russia will continue to terrorize the West, seeing their cowardly reaction now!

[Flexystar]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Yeah, the second part is funny. I did not know they float news like that already? May be EU is playing games here by safeguarding as much fuel as they could before war hits their doors or May be worldwide ? Though it seems terrifying idea as to shake hands with the rival country when they are attacking borderlines.

The situation is seriously critical now. It may happen after few days we start to hearing all the currencies are inflated and there world wide economic crisis at its peak. Then no currency would be useful as we won’t be able to buy basic things with it. So Yup, Russia gonna pay for it now.

[tbterryboy]

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Think about it, just really really deeply think about it. There is a nation who wants to join NATO, its a nation, like totally separate from anyone else, it is independent, not like some island that is tied to UK or something, fully 100% independent nation. Then another nation comes along and says that they can't. Do you see the logic behind that? Like how can another nation attack a nation because that nation decided to do something independently.

Ukraine was literally that. Ukraine said they wanted to be in NATO, and in EU as well, and Russia said "that would be bad for us, we are not allowing it" and then attacked. So basically what Putin said is "As Russia we are not allowing Ukraine to make independent decisions". That is super scary to me.

[MCVXYZ]

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Think about it, just really really deeply think about it. There is a nation who wants to join NATO, its a nation, like totally separate from anyone else, it is independent, not like some island that is tied to UK or something, fully 100% independent nation. Then another nation comes along and says that they can't. Do you see the logic behind that? Like how can another nation attack a nation because that nation decided to do something independently.

Ukraine was literally that. Ukraine said they wanted to be in NATO, and in EU as well, and Russia said "that would be bad for us, we are not allowing it" and then attacked. So basically what Putin said is "As Russia we are not allowing Ukraine to make independent decisions". That is super scary to me.

Even If Ukraine didn't say that they want to join NATO, Putin would start war in this situation, because I think his intention is not to defense his country but  to be a second Stalin or someone historical figure who will recreate and write a new history and order in this world.