>tradingeconomics.com
Weimar Germany 2.0?
Weimar Germany 2.0?
Levi Cook
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Carter Davis
god I wish that were me again
Angel Lee
is germany back to deutchmark?
If I understand correctly they are in eurozone so everyone is fucked
Parker Diaz
Could be way, way worse. This is Russia's.
Julian Perry
>iPhone gets more expensive in Russia
At least Russians have cheap grain, oil and gas.
Levi Barnes
>cheap grain,
If you can't export it, it crushes domestic farmers. Who's going to buy all the excess grain in Russia?
>muh oil and gas
Russia has made itself over dependent on petroleum prices. Again, it works the Russian economy if they have difficulty exporting it.
It doesn't help that the ruble peaked in 2008 and has been on a gradual slide downward. In 2014, when Russia seized Crimea, it plummeted even moar. Putin is no economic genius.
The Russian economy is absolute shit.
Luis Miller
>Again, it hurts the Russian economy if they have difficulty exporting it.
The lack of revenues and taxes, hurts the Russian economy and government.
Justin Flores
Kevin Cook
Could be worse, it's cheaper compared to Europe.
They sell it to China and India, to name two.
Daniel Wright
China and India don't import Russian wheat that much compared to its normal export countries, retard. If they did, it would crash their domestic farmers. Why would they do that? They wouldn't be able to absorb all that excess wheat anyways.
>muh pretroleum
Even if Russia could off load it all to China and India, they still can't make up for the short falls for the Russians. It's cheaper to export to Europe than it is to China and India.
Even if both countries wanted Russian petroleum, they have no means to store it once it arrives, retard. Where would India and China store it?
Brandon Fisher
Russia doesn't need to get rich off selling commodities to China and India. As long as they break even, or even sell at a slight loss, all is good.
Sebastian Cox
euro IS deutchmark
Josiah Torres
>Russia doesn't need to get rich off selling commodities to China and India.
They're never going to get rich or likely even break even selling to China or India. Both of those countries produce more wheat than Russia, faggot. How exactly is Russia going to break even again?
There's the issue of petroleum again, you have the issue how how to offload all that oil to India and China, which Russia isn't able to do. Even if Russia could ship it, both of those countries simply do not have the tank capacity to store all the excess product.
It's not just that Russia can sell it to them! They have to have willing buyers. Buyers that can use it without damaging their own domestic markets too.
Owen Butler
They don't need to get rich, but they could do with getting not-poor.
Jeremiah Rivera
>who cares that i don't have a car, i have unprocessed oil, it's just as good!
Dylan Murphy
Russia is doing fairly well knowing that you stole 300bln from them.
Brayden Murphy
Not all inflation is due to more money floating around, prices rising across the board because of scarcity is also inflation. Norway and Switzerland are also experiencing more inflation than in the past decades while not in the EU or the Euro. In theory, the eurozone could do well regardless of german inflation. In practice, lol no.
Jack Adams
>Russia is doing fairly well
?
Austin Bailey
Those are not unsolvable issues. Takes time to get the market adjust to sanctions.
Jayden Hernandez
>oh no, Russians can't afford iPhones and BMWs!
Oh well..
Daniel Foster
You've already tried that line once:
Carson Martin
I used it because it's true. They have grain, oil, gas, metals, etc. They won't freeze this winter and have food to eat, which can't be said of Europe.
Camden Cook
But the link I posted proves you wrong. Inflation of food prices in Russia is 15% across all products, reaching as high as 70% for cabbage and onions. This is way, way worse than the situation in Europe.
Thomas Sullivan
>15%
If it remains 15%, then it's not that bad. Heck, even if it doubles, it's not that bad. They can take inflation, because they have commodities. Europe has a service economy with little commodity, therefore inflation is going to skyrocket.
Brandon Myers
>Russian inflation is eye-wateringly high
>"yeah but that's iPhones not food!"
>Russian food inflation is eye-wateringly high
>"yeah but that's food not natural gas!"
lol. Maybe Russians can just start eating petrol.
Adam Young
>15%
>eye-wateringly high
You don't know what high is, bong.