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Topic: Russian ruble is scam - page 9. (Read 2259 times)

legendary
Activity: 2394
Merit: 1191
Privacy Servers. Since 2009.
August 20, 2023, 05:57:20 AM
#92
Yeah, sure it's real.

Unfortunately most people (especially from the US) will just believe whatever information they get from their propaganda sources and will just ignore real info from people who know what it's like actually.
I know a few people (including my employees/people I work with) that were in Russia from when the war started to today. The economy is actually never stronger and the average person doesn't even care about the war as it doesn't change anything for them, not even the price of bread.

And before you label me as some kind of Russian terrorist - I don't care about the war and politics as a whole, but you should really think about which countries are actually involved and who has interests there (hint: it isn't only about Russia and it's definitely not about saving Ukraine).
So don't worry, spread your false info even if it gains you nothing - and takes nothing from them as well. Oh, and check out Europe, the economy is really thriving right now since they put out sanctions.


"but you should really think about which countries are actually involved and who has interests there"
You somehow hinted that there are real "interested parties" to these events, but did not openly mention Russia. I take it you're referring to someone else? Smiley
Then please - be consistent, name who is "interested", when and how did you implement this plan?

I will answer in advance: after the attack of Russia on Ukraine, in Ukraine, defending Ukraine, the Armed Forces of Ukraine (Ukraine) are fighting, Their goal is the defense of Ukraine, the destruction of the terrorist troops of the Russian Federation, controlled by the international criminal V.V. Putin, who is accused of kidnapping and exporting children of Ukraine to Russia . Which is a copy of the Nazi crimes of World War II.
 
Fighting against Ukraine are the Armed Forces of the Russian Federation (Russia), PMC Wagner (Russia).

Also, on both sides there are small groups of volunteers from other countries fighting both for the freedom of Ukraine and for Rashism.

Now will you share your "knowledge" about the situation in Ukraine, a citizen of Ukraine, a direct participant in the events? Smiley

That's two posts in a row, my little retarded propagandist friend. Please delete one of them.  Grin

Anyway, if you don't have anything to say on topic you'd better just stay silent. Everyone here is tired reading your propagandist crap without sources, zero credibility stuff full of propaganda clichés and lies. BTW, why you as a patriot of Ukraine are not fighting on the Eastern front? Why you're still not in trenches? I've heard that they're not conscripting retarded people in Ukraine? I wonder if this is a coincidence?  Grin Grin Grin
legendary
Activity: 3752
Merit: 1864
August 19, 2023, 12:54:43 PM
#91
Yeah, sure it's real.

Unfortunately most people (especially from the US) will just believe whatever information they get from their propaganda sources and will just ignore real info from people who know what it's like actually.
I know a few people (including my employees/people I work with) that were in Russia from when the war started to today. The economy is actually never stronger and the average person doesn't even care about the war as it doesn't change anything for them, not even the price of bread.

And before you label me as some kind of Russian terrorist - I don't care about the war and politics as a whole, but you should really think about which countries are actually involved and who has interests there (hint: it isn't only about Russia and it's definitely not about saving Ukraine).
So don't worry, spread your false info even if it gains you nothing - and takes nothing from them as well. Oh, and check out Europe, the economy is really thriving right now since they put out sanctions.


"but you should really think about which countries are actually involved and who has interests there"
You somehow hinted that there are real "interested parties" to these events, but did not openly mention Russia. I take it you're referring to someone else? Smiley
Then please - be consistent, name who is "interested", when and how did you implement this plan?

I will answer in advance: after the attack of Russia on Ukraine, in Ukraine, defending Ukraine, the Armed Forces of Ukraine (Ukraine) are fighting, Their goal is the defense of Ukraine, the destruction of the terrorist troops of the Russian Federation, controlled by the international criminal V.V. Putin, who is accused of kidnapping and exporting children of Ukraine to Russia . Which is a copy of the Nazi crimes of World War II.
 
Fighting against Ukraine are the Armed Forces of the Russian Federation (Russia), PMC Wagner (Russia).

Also, on both sides there are small groups of volunteers from other countries fighting both for the freedom of Ukraine and for Rashism.

Now will you share your "knowledge" about the situation in Ukraine, a citizen of Ukraine, a direct participant in the events? Smiley
legendary
Activity: 3752
Merit: 1864
August 16, 2023, 07:22:16 AM
#90
.....

Look how excited you are about a photo-fact ?!  Grin

Well, it's not a question of trying to prove otherwise.
And let's also discuss the statistics on microcredit in Russia ? Do you want to discuss what people take out microloans for? Smiley

By the way, what does your overexcited brain have to say about it ?
https://lenta.ru/news/2019/06/27/interesting/
https://www.vedomosti.ru/business/articles/2019/06/06/803520-perekrestok-prodast-edu-v-dolg

Notice this is 2019 when things were still more or less ? Smiley

I warned you - quit this rascist habit, stupid lying, and stupid denial of reality - reality doesn't change, and you look extremely stupid  Grin Grin Grin Grin
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
August 15, 2023, 11:24:45 PM
#89
From what I have seen, this time there have been no attempt from the Russian government to reign in on the Ruble devaluation. They burnt a lot of their forex reserves last year for this purpose though. At this point, they are thinking about the short-term gains. Exports of hydrocarbons and grain has reached record levels, while imports are constantly declining. The regime wants citizens to be happy. So they will pour in more rubles to the social programs, and the people will remain happy. It will take some time for retail prices to adjust to the devaluation of the Ruble. Till then people will support the regime. 
legendary
Activity: 2394
Merit: 1191
Privacy Servers. Since 2009.
August 15, 2023, 03:42:04 PM
#88
For the best understanding of what is a "stable Russian economy" and "skillful management", and how life in Russia looks in reality, and not from the screens on which go streams of lies, the mouth of official propagandists, 1 picture. Everything is perfect in it - from the price to the terms of sale. I don't think you can find any other country where it is so good that bread is sold in installments. No, it's not a fake, it's not photoshop, it's not a picture from "1945"! This is modern Russia, where "most of the natural resources of the world", Russia is the biggest SELLER of grain. Speaking of grain, Russia sells high grade grain to the west and for foreign currency. The bread for the population is based on.... low quality feed grain. Forage grain is used to feed livestock, in Russia - to feed the population. The association is clear, isn't it? Smiley

And so the photo: Price - 143 rubles for 0.4 kg of bread loaf. And a more noticeable price tag with the sum of 11.99 and the inscription "Take a CREDIT, for 12 (!!!!!) months, without overpayments". This is what the "greatness of russia" looks like in reality  Grin Grin Grin Grin




PS Understand - having such resources, having an adequate approach, it was possible to build a really prosperous country Russia ! And to be a friend and partner of which many countries would like.
But Russians chose the path of war, deaths, total lies, corruption, stealing from themselves, looting, destruction, .... Which eventually leads to their own self-destruction.

Well, I suspected that you're retarded, but I couldn't even think you're buying such a low quality obvious 1.5 year-old fake!  Grin Grin Grin

Quote
What is the fake about:

One of the Ukrainian telegram channels published a photo of a counter with a sliced loaf for 143 rubles and its price on credit.

As a matter of fact

, we tried to scan the barcodes from the photo to check the retail chain selling "bread on credit". But both barcodes are fake, they are not read by the scanner. In addition, users of the photo editor did not think about mathematics: the loan amounts and the full price do not converge. The real prices for a sliced loaf in Russia are completely different - from 30 to 60 rubles, depending on the manufacturer and weight.

Earlier, the Ministry of Agriculture said that there will be no shortage of bread in Russia in 2022 - the country has seeds, agricultural machinery and plant protection products, so there is no need to buy products for the future.

Source: https://deepfakechallenge.com/gb/ufaq/15-03-2022-fake-products-on-credit-appeared-in-russia/

All and every word in your posts is BIG FAT LIE! It's quite shameful, I would delete this post ASAP if I were you!  Cool
hero member
Activity: 1040
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
August 15, 2023, 06:41:21 AM
#87
For the best understanding of what is a "stable Russian economy" and "skillful management", and how life in Russia looks in reality, and not from the screens on which go streams of lies, the mouth of official propagandists, 1 picture. Everything is perfect in it - from the price to the terms of sale. I don't think you can find any other country where it is so good that bread is sold in installments. No, it's not a fake, it's not photoshop, it's not a picture from "1945"! This is modern Russia, where "most of the natural resources of the world", Russia is the biggest SELLER of grain. Speaking of grain, Russia sells high grade grain to the west and for foreign currency. The bread for the population is based on.... low quality feed grain. Forage grain is used to feed livestock, in Russia - to feed the population. The association is clear, isn't it? Smiley

And so the photo: Price - 143 rubles for 0.4 kg of bread loaf. And a more noticeable price tag with the sum of 11.99 and the inscription "Take a CREDIT, for 12 (!!!!!) months, without overpayments". This is what the "greatness of russia" looks like in reality  Grin Grin Grin Grin




PS Understand - having such resources, having an adequate approach, it was possible to build a really prosperous country Russia ! And to be a friend and partner of which many countries would like.
But Russians chose the path of war, deaths, total lies, corruption, stealing from themselves, looting, destruction, .... Which eventually leads to their own self-destruction.
Yeah, sure it's real.

Unfortunately most people (especially from the US) will just believe whatever information they get from their propaganda sources and will just ignore real info from people who know what it's like actually.
I know a few people (including my employees/people I work with) that were in Russia from when the war started to today. The economy is actually never stronger and the average person doesn't even care about the war as it doesn't change anything for them, not even the price of bread.

And before you label me as some kind of Russian terrorist - I don't care about the war and politics as a whole, but you should really think about which countries are actually involved and who has interests there (hint: it isn't only about Russia and it's definitely not about saving Ukraine).
So don't worry, spread your false info even if it gains you nothing - and takes nothing from them as well. Oh, and check out Europe, the economy is really thriving right now since they put out sanctions.
legendary
Activity: 3752
Merit: 1864
August 15, 2023, 02:02:08 AM
#86
For the best understanding of what is a "stable Russian economy" and "skillful management", and how life in Russia looks in reality, and not from the screens on which go streams of lies, the mouth of official propagandists, 1 picture. Everything is perfect in it - from the price to the terms of sale. I don't think you can find any other country where it is so good that bread is sold in installments. No, it's not a fake, it's not photoshop, it's not a picture from "1945"! This is modern Russia, where "most of the natural resources of the world", Russia is the biggest SELLER of grain. Speaking of grain, Russia sells high grade grain to the west and for foreign currency. The bread for the population is based on.... low quality feed grain. Forage grain is used to feed livestock, in Russia - to feed the population. The association is clear, isn't it? Smiley

And so the photo: Price - 143 rubles for 0.4 kg of bread loaf. And a more noticeable price tag with the sum of 11.99 and the inscription "Take a CREDIT, for 12 (!!!!!) months, without overpayments". This is what the "greatness of russia" looks like in reality  Grin Grin Grin Grin




PS Understand - having such resources, having an adequate approach, it was possible to build a really prosperous country Russia ! And to be a friend and partner of which many countries would like.
But Russians chose the path of war, deaths, total lies, corruption, stealing from themselves, looting, destruction, .... Which eventually leads to their own self-destruction.
sr. member
Activity: 882
Merit: 215
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August 14, 2023, 10:20:20 PM
#85
Yes, good point. With currency reserves frozen and Russia being artificially prevented from receiving USD and EUR in export deals and processing transactions how can they pay the debt?  Roll Eyes


There are many ways to go to Rome. Of course, this condition is a bit of a hassle for Russia where its currency is frozen and access to USD and EUR is prevented, as mentioned above, Yes. Vladimir Putin with his Ministry of Finance can take certain steps to solve the problem of paying his debts and one more thing he will not think of raising the debt ceiling to avoid this mess.

Well, my current view, Over time, flexibility and economic diplomacy and others can play an important role in overcoming problems and getting out of various problems.
legendary
Activity: 2688
Merit: 1192
August 14, 2023, 05:10:33 PM
#84
Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?

It looks like things have really spiced up over the last few days with the Rouble on a new downward tumble. It appears the Russian government has expended most of it's reserves that it used to prop up the currency so far and now complete faith is being lost. A lot of people will be betting against the rouble to fall even further now and that becomes a self fulfilling prophecy when the market is that unsettled. It's not even a surprise that it has taken so long to reach this precipice, because Putin was willing to waste his whole war chest and now with the economy in tatters, along with spending huge amounts on the war effort, it is going to crumble. Instead of selling their precious oil to the richest nations on the planet, it's being sold to India and China for pennies instead. He is one of the dumbest "leaders" of modern times.
hero member
Activity: 1414
Merit: 670
August 14, 2023, 03:48:02 PM
#83
It is hard, and I would say impossible, to answer you something, trying to prove the opposite Smiley
Yes, russia has never used logic and historical examples. The second problem of Russia is the global SELF-INVOLVEMENT, SELF-INVOLVEMENT and SYSTEMIC plundering of funds at all levels. Self-obanus was about "second army of the world", "world recognition" and "stable economy". The self-delusion is that the world community will be afraid to respond to Russia's terror. Stealing is already part of the genetics of the "Russian world" and the structure of the state itself.
As a result, the "small victorious war" has turned into a real hell for Russia, and there is no way out of it.... There is no way out for Russia...
Russia is difficult country to understand its history is also complicated like this geographical situation and as things are run by different peoples and political parties never been justified about this country even it's one of the best just because of its available sources, and they can turn the tables in positive way, but I never have anything positive from them in last 50 years War after War and conflicts kills this all domestically, and they are still doing nothing just personal ego and inner politics is having more troubles for them.
Even right now they can bring the change as China is standing with them but War in Ukraine hurting them and West and USA are also playing their part for this all we need big changes and changes in policies and strategies as well which can bring positive changes and better things in this country.
legendary
Activity: 3752
Merit: 1864
August 14, 2023, 03:16:27 PM
#82
.....
Poor study of history will ruin the Russia again and again.
So neither politicians nor economists not even military will help our rebuild.
One hope remains - psychiatrists! Sadly last one was not a joke...

It is hard, and I would say impossible, to answer you something, trying to prove the opposite Smiley
Yes, russia has never used logic and historical examples. The second problem of Russia is the global SELF-INVOLVEMENT, SELF-INVOLVEMENT and SYSTEMIC plundering of funds at all levels. Self-obanus was about "second army of the world", "world recognition" and "stable economy". The self-delusion is that the world community will be afraid to respond to Russia's terror. Stealing is already part of the genetics of the "Russian world" and the structure of the state itself.
As a result, the "small victorious war" has turned into a real hell for Russia, and there is no way out of it.... There is no way out for Russia...
jr. member
Activity: 91
Merit: 1
August 13, 2023, 05:59:20 AM
#81
....That is a big diffference, China may be one of the biggest foes of USA, but both parts are aware they need each other to keep the economical quo status. USA does not need Russia economically, nor the Western Allies.

For now, it is about a handful of countries in the BRICS, Cuba and others which are willing to do business with the Kremlin. Imo
... At this point, they are overdependent on exporting various commodities (such a wheat, crude oil, oil products, potash fertilizer, natural gas, alumina.etc). If the currency gets devalued, then without a doubt the exporters are benefitting from it. But as you mentioned, this strategy will not work for Russia in the long term, unlike the case with China.
...
But back to the country of the terrorist. And who needs the ruble and Russian goods ? By the way, can anyone tell us what these Russian goods are? Smiley
...

Russian good do not have much market, that is true, if we talk in comparison of Chinese good and Those from America.
...

Anyways, Perhaps someday we will see Russia living within an actual democracy I instead whatever Putin is trying to accomplish.
...
And yes, you are right to notice - in russia they don't care about ecology and safety ! The goal is extremely simple - to make anything, as long as it costs pennies, and sell it to everyone with a huge markup, because there is no other alternative and will not be ! Yes, in Russia they still use asbestos panels in the construction of residential houses, and nobody cares about it. The Russian state does not need pensioners, so the short life span of citizens (on the verge of retirement age) is profitable for the state - it is very expensive to keep tens of millions of useless residents !
Poor study of history will ruin the Russia again and again.
So neither politicians nor economists not even military will help our rebuild.
One hope remains - psychiatrists! Sadly last one was not a joke...
legendary
Activity: 3752
Merit: 1864
August 13, 2023, 05:32:16 AM
#80
Not sure why they would try to do so, because even though it could make some sense, their biggest ally is China, a country that lives thanks to the high exportation rate, to the point they need to devaluate the Yuan to keep their competitiveness up to and not lose clients.

Russia cannot aspire to turn into a second China if they do not have the huge income of money China has and if they still have the international sanctions over them. That is a big diffference, China may be one of the biggest foes of USA, but both parts are aware they need each other to keep the economical quo status. USA does not need Russia economically, nor the Western Allies.

For now, it is about a handful of countries in the BRICS, Cuba and others which are willing to do business with the Kremlin. Imo

Obviously Russia may not be able to copy the Chinese methodology of devaluing the currency to keep the economy afloat. But they can try it for the short to medium term, i.e until the sanctions are in effect. At this point, they are overdependent on exporting various commodities (such a wheat, crude oil, oil products, potash fertilizer, natural gas, alumina.etc). If the currency gets devalued, then without a doubt the exporters are benefitting from it. But as you mentioned, this strategy will not work for Russia in the long term, unlike the case with China.

China has implemented a simple, reliable and working scheme. It found "fools" who agreed to "transplant" their economy to the yuan. This move solves two problems:
- export inflation
- supporting the economy
Bonus: there are "yuan slaves" who refused to interact with the international economy, abandoning the dollar. This means that ALL imports (not just Chinese), they will be forced to do through the Chinese yuan ! So the currency of the members of the club "economically unhealthy, to fight against the world evil, dollars and capitalists", was formed Smiley
But back to the country of the terrorist. And who needs the ruble and Russian goods ? By the way, can anyone tell us what these Russian goods are? Smiley
If China was able to sit down on the yuan not the most intelligent governments, then to sit down someone on the ruble - it must be absolutely complete IDIOTS. But there are no such people on earth. That means that Russia will never be able to repeat the Chinese version of the yuan Smiley

Russian good do not have much market, that is true, if we talk in comparison of Chinese good and Those from America.

They are mainly exporters of raw materials and energy. By the way, I know it is rather off topic, but some days ago I was reading on the dangers of Asbestos to the human health, and realized that Russia is one of the biggest producers and exporters of it, even to this day when it is basically a banned building material.

Anyways, Perhaps someday we will see Russia living within an actual democracy I instead whatever Putin is trying to accomplish.


The problem is not that there are fewer "Russian" goods than Chinese. In fact, there are none at all Smiley
What can we say about a country that supposedly has large raw material reserves, but.... CAN'T PRODUCE NAILS ! Smiley
The total majority of goods are either stolen or copied from other producers, and the biggest problem is that then it is produced by absolutely backward technologies and wildly low quality !

And yes, you are right to notice - in russia they don't care about ecology and safety ! The goal is extremely simple - to make anything, as long as it costs pennies, and sell it to everyone with a huge markup, because there is no other alternative and will not be ! Yes, in Russia they still use asbestos panels in the construction of residential houses, and nobody cares about it. The Russian state does not need pensioners, so the short life span of citizens (on the verge of retirement age) is profitable for the state - it is very expensive to keep tens of millions of useless residents !
hero member
Activity: 882
Merit: 792
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August 13, 2023, 04:02:52 AM
#79
Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?
If there were three defaults, there will be fourth default. Ruble itself is not a scam but people behind it are the ones who make it scam, Ruble alone is a piece of paper. So, if the government is good, it won't be a scam but if they are bad or underqualified, then Ruble may become scam.
Overall, absolutely every currency is a scam tool because you pay taxes and on top of that, you pay hidden taxes via inflation. You pay two taxes. While you know the rate of income tax already, you don't know the rate of inflation beforehand, it's a bad surprise.
legendary
Activity: 2394
Merit: 1191
Privacy Servers. Since 2009.
August 13, 2023, 03:35:54 AM
#78
Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?

It's like a "joke" to me. All countries have debts and Russia's foreign debt is indeed large, but Russia also has much larger foreign exchange reserves. The only problem was the conflict between Russia and Ukraine which saw the United States and its allies freeze foreign exchange reserves so that the Russian Central Bank could not access them. Well, these sanctions have made Russia a little constrained in paying its debts and giving the impression of default.

So, OP, please be wise, we shouldn't judge right away that Russian ruble is a scam, but, it's better to check if it is true or not and then plug it in.

Yes, good point. With currency reserves frozen and Russia being artificially prevented from receiving USD and EUR in export deals and processing transactions how can they pay the debt?  Roll Eyes

STT
legendary
Activity: 4060
Merit: 1448
August 13, 2023, 02:42:06 AM
#77
They have zero reserves under good governance at present, the country could be wealthy with so many assets & an increasingly larger usable land mass just waiting to be used properly but its deliberately self sabotaged to the benefit of some over the many.
  The idea is Russian should pay out of its reserves for its ongoing destruction of another country while having zero requirement to attack a sovereign nation.  They think they have enough excuse to kill and destroy based on history when there isnt any way to restore Russia back to its prior empire and no other country has that aspiration to take over its neighbors by force and death except perhaps China.       It would be a scam to believe any of Russia's recent actions are profitable to itself or anyone else, they are their own greatest enemy at present and so the prospects of anything or anyone connected to that failure are in question every day it continues including the currency.
sr. member
Activity: 882
Merit: 215
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August 12, 2023, 10:51:41 PM
#76
Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?

It's like a "joke" to me. All countries have debts and Russia's foreign debt is indeed large, but Russia also has much larger foreign exchange reserves. The only problem was the conflict between Russia and Ukraine which saw the United States and its allies freeze foreign exchange reserves so that the Russian Central Bank could not access them. Well, these sanctions have made Russia a little constrained in paying its debts and giving the impression of default.

So, OP, please be wise, we shouldn't judge right away that Russian ruble is a scam, but, it's better to check if it is true or not and then plug it in.
sr. member
Activity: 1526
Merit: 255
August 12, 2023, 10:34:02 PM
#75
I think the money condition also occurs with other currencies, it's only natural that there is a plan that the ruble will make gold for support so that the ruble user's trust continues to increase, and in my opinion this can be the right solution, if this happens of course it will make more and more users who don't hesitate to save the Ruble.
jr. member
Activity: 91
Merit: 1
August 12, 2023, 08:44:19 PM
#74

Anyways, Perhaps someday we will see Russia living within an actual democracy I instead whatever Putin is trying to accomplish.
It won't take much of foreseen power to tell: future generations in the Russia will suffer from our week will and blind follow towards propaganda narratives in a few decades from present. Just try to imagine all those people, unborn yet, who will continue to repay debts we bound on them! What about the topic: it always has been a toy played by Kremlin habitat with no economical strength whatsoever!
legendary
Activity: 1162
Merit: 2025
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August 12, 2023, 07:56:00 PM
#73
Not sure why they would try to do so, because even though it could make some sense, their biggest ally is China, a country that lives thanks to the high exportation rate, to the point they need to devaluate the Yuan to keep their competitiveness up to and not lose clients.

Russia cannot aspire to turn into a second China if they do not have the huge income of money China has and if they still have the international sanctions over them. That is a big diffference, China may be one of the biggest foes of USA, but both parts are aware they need each other to keep the economical quo status. USA does not need Russia economically, nor the Western Allies.

For now, it is about a handful of countries in the BRICS, Cuba and others which are willing to do business with the Kremlin. Imo

Obviously Russia may not be able to copy the Chinese methodology of devaluing the currency to keep the economy afloat. But they can try it for the short to medium term, i.e until the sanctions are in effect. At this point, they are overdependent on exporting various commodities (such a wheat, crude oil, oil products, potash fertilizer, natural gas, alumina.etc). If the currency gets devalued, then without a doubt the exporters are benefitting from it. But as you mentioned, this strategy will not work for Russia in the long term, unlike the case with China.

China has implemented a simple, reliable and working scheme. It found "fools" who agreed to "transplant" their economy to the yuan. This move solves two problems:
- export inflation
- supporting the economy
Bonus: there are "yuan slaves" who refused to interact with the international economy, abandoning the dollar. This means that ALL imports (not just Chinese), they will be forced to do through the Chinese yuan ! So the currency of the members of the club "economically unhealthy, to fight against the world evil, dollars and capitalists", was formed Smiley
But back to the country of the terrorist. And who needs the ruble and Russian goods ? By the way, can anyone tell us what these Russian goods are? Smiley
If China was able to sit down on the yuan not the most intelligent governments, then to sit down someone on the ruble - it must be absolutely complete IDIOTS. But there are no such people on earth. That means that Russia will never be able to repeat the Chinese version of the yuan Smiley

Russian good do not have much market, that is true, if we talk in comparison of Chinese good and Those from America.

They are mainly exporters of raw materials and energy. By the way, I know it is rather off topic, but some days ago I was reading on the dangers of Asbestos to the human health, and realized that Russia is one of the biggest producers and exporters of it, even to this day when it is basically a banned building material.

Anyways, Perhaps someday we will see Russia living within an actual democracy I instead whatever Putin is trying to accomplish.
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