War

DIY-HP-LED

Well-Known Member
That's Canadian dollars, not gringo money.
1 Russian Ruble equals
0.012 Canadian Dollar

View attachment 5095769
 

DIY-HP-LED

Well-Known Member
The press isn't always great at giving comparable numbers. Folks who don't know where the rubble started might think it had lost 90% of it's value.
I only said it was trading for less than a cent and it was and is according to the source (Reuters).
 

DIY-HP-LED

Well-Known Member
Yes. But it had never been much more than a cent, so what I'm saying is the news should lay out more qualifying information.

(I am not throwing shade your way)
When your currency breaks below a cent, it's symbolic and perception is everything.
 

printer

Well-Known Member
When your currency breaks below a cent, it's symbolic and perception is everything.
But the whole point of posting here is to give our little fish pond information (other than venting). If someone reads in one place the value drops 40% they have an idea how much more it will cost Russians to buy foreign stuff. To say it is now worth less than a cent, might be true but not much to say how much it really dropped.
 

printer

Well-Known Member
Russia, Ukraine: Whose side are Middle Eastern countries really on?

Security, trade and oil ties make it hard for states like Saudi Arabia and the United Arab Emirates to openly condemn the Russian invasion of Ukraine. Instead, they're hedging their bets.

 

Roger A. Shrubber

Well-Known Member
But the whole point of posting here is to give our little fish pond information (other than venting). If someone reads in one place the value drops 40% they have an idea how much more it will cost Russians to buy foreign stuff. To say it is now worth less than a cent, might be true but not much to say how much it really dropped.

this looks similar to kero's chart, but this one goes back a lot further.
 

Roger A. Shrubber

Well-Known Member
Russia, Ukraine: Whose side are Middle Eastern countries really on?

Security, trade and oil ties make it hard for states like Saudi Arabia and the United Arab Emirates to openly condemn the Russian invasion of Ukraine. Instead, they're hedging their bets.

this is probably mostly prejudice and old propaganda influencing me, but i don't see them really giving much of a fuck...the only concern i see them having in the whole thing is there being someone left to sell their oil to while people are still buying it. they know almost any country that can afford it is trying to get as far away from oil as possible, so they're going to want to maximize profits as much as possible, for as long as possible. i'm not positive, but i kind of doubt they sell much oil to russia. so i would guess they're on the EU's side, officially or not, for simple financial reasons...and now i'll go do some reading to see if i'm completely wrong or not
edit:...i had not considered that a lot of the middle east buys food from russia...perhaps if we could set up a fairly friendly deal with them we could wean them away from russian wheat? perhaps even help them develop better irrigation systems, big hydroponic farms / solar farms, to help them become more self sufficient, and wean them off of their own stash? develop some good karma with them?...maybe if we had done this during the Obama administration, we would have allies in the middle east instead of casual sometimes trading partners?
 
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printer

Well-Known Member
this is probably mostly prejudice and old propaganda influencing me, but i don't see them really giving much of a fuck...the only concern i see them having in the whole thing is there being someone left to sell their oil to while people are still buying it. they know almost any country that can afford it is trying to get as far away from oil as possible, so they're going to want to maximize profits as much as possible, for as long as possible. i'm not positive, but i kind of doubt they sell much oil to russia. so i would guess they're on the EU's side, officially or not, for simple financial reasons...and now i'll go do some reading to see if i'm completely wrong or not
edit:...i had not considered that a lot of the middle east buys food from russia...perhaps if we could set up a fairly friendly deal with them we could wean them away from russian wheat? perhaps even help them develop better irrigation systems, big hydroponic farms / solar farms, to help them become more self sufficient, and wean them off of their own stash? develop some good karma with them?...maybe if we had done this during the Obama administration, we would have allies in the middle east instead of casual sometimes trading partners?
My view is they only want Russia for military or agriculture goods
 

DIY-HP-LED

Well-Known Member
But the whole point of posting here is to give our little fish pond information (other than venting). If someone reads in one place the value drops 40% they have an idea how much more it will cost Russians to buy foreign stuff. To say it is now worth less than a cent, might be true but not much to say how much it really dropped.
The whole thing started as a humorous quip remember, "What's the difference between the dollar and the ruble? A dollar, the ruble is worth less than a cent". I wasn't giving financial advice!
 

Kerowacked

Well-Known Member

DIY-HP-LED

Well-Known Member
A fight for national liberation and liberal democracy, soon such places will have lot's of arms flowing in from Poland, they will have more than their bare hands to fight with, NATO and uncle Sam will provide. They will have lot's of other aid too, $10 billion plus other money can buy a lot of help, the arms and ammo will be free.
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Ukraine's small towns mobilize to assist war effort
 
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