The Demolition of Russia's Economy

Discussion in 'Politics' started by gwb-trading, Mar 4, 2022.

  1. So far anyway. Subject to change.

    Otherwise, yuan getting around plenty these days. MORE TO COME.
     
    #131     Mar 22, 2022
  2. UsualName

    UsualName

    Theres lots and lots yuan in Moscow right now but that only gets them into the Chinese market which does not compare to the US /Euro market. Sure you can buy whatever is in China but you get Chinese quality and supplies are limited. The Russians are unable to exchange money at any significant rate so right now so they are basically a cash in cash out business. Dollars and Euros spend everywhere and run the global market.

    The Russians doing direct trade with China and India will not fulfill their needs amd the logistics of China/India to Russia is a headache.
     
    #132     Mar 22, 2022
  3. gwb-trading

    gwb-trading

    As mentioned by others in this thread (and other threads).... the exodus of the IT workers is particularly concerning for Russia.

    Russia’s Big Brain Drain: IT Workers Are “Grabbing Their Things And Literally Driving to Kazakhstan” To Escape Sanctions
    https://techthelead.com/russias-big...ly-driving-to-kazakhstan-to-escape-sanctions/
     
    #133     Mar 23, 2022

  4. Nobody wants those russian hackers who spend all day creating fake profiles for twitter and FB propaganda...
     
    #134     Mar 23, 2022
  5. terr

    terr

    Fun info: apparently there are enough spare parts stockpiled in Russia for about a month of maintenance on building elevators. Afterwards, as they start failing, repairs will become pretty sparse. Of course, Russian propagandists will jump on that, claiming that it will just make the population much healthier :)
     
    #135     Mar 23, 2022
    UsualName likes this.
  6. gwb-trading

    gwb-trading

    Grandma Ludmila living on the 17th floor of the old Soviet Brezhnevka will not be happy about this. Health be damned, she wants more vodka now!
     
    #136     Mar 23, 2022
  7. terr

    terr

    Latest Russian humor:

    Money should be kept in rubles. No one would think of looking for money in a pile of rubles!
     
    #137     Mar 23, 2022
    SunTrader and TreeFrogTrader like this.
  8. Just like in Ukraine I suppose, the Russians are compassionately lowering all the high-rises to the just one floor to make them more accessible to the elderly and handicapped.

    That theory needs a little work.
     
    #138     Mar 23, 2022
  9. #139     Mar 23, 2022
  10. UsualName

    UsualName

    #140     Mar 23, 2022