What are the implications of this?
ELI5
Samuel Cooper
Josiah Turner
More hot russian females to our countries
Samuel Bailey
War, hopefully nuclear
William Taylor
Russia continues to be an oligarchy where nobody has any money aside from rich fucks that took advantage of the chaos of the 90s
Blake Mitchell
More Russian cooks and waiters in my country.
Cameron James
temporary global virtue signalling, it will recover quickly. it's like those idiots throwing away their vodka, a couple months later it's all back in stock because at the end of the day everyone wants money more than anything and you're not going to say no to a business transaction. it's the same reason why previous sanctions didn't do shit to stop russia.
Nathan Myers
Jewish billionaires are shorting the Ruble
Ian Flores
Another fun graph
Oliver Stewart
Russia will soon switch to a gold-backed currency with their ridiculous metal reserves when they hear playing nice with fiat doesn't feed the people no more. Then there will be a false flag and the war will go hot.
Hudson Sullivan
Nothing really, it isn't like there's internal hyperinflation going on, Russia is, for the most part, self-sustaining. Forex only matters for international trade.