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.
Grayson Ortiz
World economy about to change forever
>ruskies will open their central bank vaults and start bumping
>switch off all trading with the westoids
>create new swift system along with other none-globohomo nations
>start dropping USD and Euro and link with gold
>sell oil and gaz to others who are willing to pay for it (russia sells at subsidises price to westoids to hold their throughs previously but now the US do)
> switch to completely local production and become self sufficient nation (probably they were preparing for this)
Colton Murphy
lol just create a new swift system bro
Jaxson Walker
>ELI5
GO BACK
Elijah Morris
>ELI5
go back
Jayden Carter
>What are the implications of this?
opportunity?
Caleb Rivera
This is exactly what would trigger WW3.
A challenge to the established financial order and central (((banking))) system. It is more likely that Putin is bumped off with support by a cabal of Russian oligarchs in cahoots with the military.
Oliver Wright
This is exactly what would trigger WW3.
> Actually this is what triggered everything so far from iraq, syria, iran and now ruskies. they need them in their economic and political eco system which these countries never did, to a certain point
Jaxson Howard
they literally have been.... This just means they are starting on the new system first, and we will be defending our dying system longer. Fortress russia is an inevitability in a multipolar world.
Leo Robinson
correct,
China’s Cross-Border International Payments System (CIPS)
Adrian Thompson
Anyone with Rubles who wants to trade them for Dollars are not getting a good deal right now
Evan Russell
Putinbot salaries just collapsed
Gabriel Robinson
that uses SWIFT
Landon Morales
its the great depression on steroids but only for russia.
Ayden Wood
They have their own swift system. Like all other russian products, it's shit, everybody hates it and avoids using even in Russia. But it's not like russians will have any choice now
Jayden Ortiz
If I turn CAD into rubles and the rubles recover will I get rich
Dylan White
Westoids desperately needed this to defibrillate their own depression and inflation, will work on short term but completely go tits up once ruskies subsidize their economy
Matthew Cooper
>ELI5
You have to go back.
Alexander Jackson
They have like 165b usd in gold. This war is costing them atleast 2b a day. They have 3 months to figure this shit out. In an absolutely best case scenario. Better get that noggin joggin cause these are complicated issues.
Lucas Gray
No, because foreigners aren't allowed to withdraw lmao. Nice try slavnigger.