Friday, April 1, 2022

Russian Ruble Has Recovered All Post-Sanction Losses And Now Trading HIGHER Than Before War

Russian Ruble Has Recovered ALL Post-Sanctions Losses And Is Now Trading HIGHER Than Before War
Chris Menahan




Less than one week after Joe Biden claimed his "unprecedented sanctions" had reduced the ruble "to rubble," Russia's currency has recovered all its losses and is now trading higher than before the war began. 

Putin took aggressive measures to rescue the ruble, from demanding foreign nations pay for Russian oil in rubles to pegging their currency to gold

While Europe is committing suicide (or being suicided), China and India are refusing to go along with the DC regime's BS.


From China's FM Spokesperson Wang Wenbin's press conference on Thursday
Reuters: Before the Beijing Olympics started, the Chinese and Russian Presidents said that the two countries’ cooperation would have no limits. Now if we are widening cooperation now, what does that mean and how much are we widening it in which areas?

Wang Wenbin: There is no limit to China-Russia cooperation in the pursuit of peace, no limit to our efforts to safeguard security, and no limit to our opposition to hegemony. China-Russia relations feature non-alliance, non-confrontation, and non-targeting of any third party.






2 comments:

Caver said...

Short of a bigger war, looking like the rout has just begun. This must be a dose of real world reality for the DC crew.

Really, you had to see this one coming from a couple decades away.

Scott said...

Absolutely...Esp with all the gold they have been buying