703
Russian ruble
(sh.itjust.works)
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this post was submitted on 27 Nov 2024
703 points (98.2% liked)
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A ten year steady decline in the currency of a "world power" is no big deal. 👍
Yeah, the message I get is that a 10% one-day decline doesn't look like much on the tail end of 70% losses. Worthless paper is worthless.
Russia has the same economy as Italy. We take them only seriously because of their nuclear weapons.
As an Italian.... Not sure if proud or embarrassed....
You've got way better food though. How many Russian restaurants do you see around the world?
I had one in the city that going by reviews was quite good
Now it's a very nice Chinese restaurant.
Sorry….😢
I’m just amazed your comment made it through your clown government internet filter.
Actually, it's not. But it's not a world power either.
And a large decline in a single day, smaller than that steady decline in a decade can be quite a big deal. Or can be nothing. Nobody knows.
According to some social media bubbles, it should have dropped to 1/10 in the past 2 years.
Ah, the kremlin talking points "look your measures doesn't work!!1! (So can you remove them, ok?)"
Nobody thought the ruble would crash one or two years ago.
But well, now is now and it looks like the funds have been used up, the inflation is at its maximum utility etc etc and now it's crash time!
According to some social media bubbles the world is flat and Xenu populated the earth