
'Twas a cutlass swipe or an ounce of lead
Or a yawing hole in a battered head
And the scuppers clogged with rotting red
And there they lay I damn me eyes
All lookouts clapped on Paradise
All souls bound just contrarywise, yo ho ho and a bottle of rum!
It's a bit more complicated then that. Putin poured in a lot of billions in Chechnya over the years and through that won a lot of public good will there.
Could he do the same in Ukraine and win popular support? Yeah sure, if he had trillions. Does he have trillions I wonder.
@Shalcker is of course despicable as always though. I really struggle restraining myself from saying things towards him that would get me permabanned.
or get a decent dose of cultural genocide if the reports I hear about teaches being forced to teach in Russian are true.
Last edited by Elenos; 2022-03-25 at 02:30 PM.
"Life is one long series of problems to solve. The more you solve, the better a man you become.... Tribulations spawn in life and over and over again we must stand our ground and face them."
PUTIN: The Ghostbusters movie. Not the recent one, the one before. The one with the loud women. Disgraceful. And gaming? Gaming now. The woke gaming. It's all politics. Ridiculous. Thankfully, here in Russia, we have ethics in games journalism. /s
Vladimir Putin says the West has "cancelled" JK Rowling and are now "engaging in cancel culture" against Russia.

Oh dear. China's state run Sinopec group has suspended talks for a major petrochemical investment and gas marketing venture in Russia. Even the Chinese are starting to get wary about doing business with Russia.

Putin's latest clown caravan. That is a shambolic collection of vehicles masquerading as a military convoy.
It dropped literally today. Now, maybe you'll try something like "short-term fluctuation" in which case I'll remind you that
And all of that is after Putin has demanded that countries pay for oil/gas in rubles. It's artificially inflated, has dropped, and is still dropping.
What you have said, is a lie. You are lying.
Yes there have.
Yes there have.
Yes there have been bank runs. And no, I won't accept "there aren't any anymore" because (a) that's like saying a murderer stopped murdering after being thrown in jail and (b) that's false too.
That article is from 3 days ago. What you have said is a lie. You are lying.The central bank said today that the total kept in personal savings accounts by Russians fell by 1.2 trillion roubles (£8.7 billion), or 3.5 per cent, last month. The sum is thought to be the largest monthly withdrawal in rouble terms since the collapse of the Soviet Union. Large queues at cash machines have become a common sight across Russia amid fears of economic collapse.
Not even your own media can say this.
What you have said is a lie. You are lying.“Since the beginning of March, inflation has significantly accelerated,” the Bank said. “This is reflected by a surge in demand for a number of consumer goods due to increased uncertainty, higher inflation expectations and the weakening of the ruble.”
“Businesses in a number of sectors have reported difficulties with production and logistics against the background of the introduction of trade and financial sanctions on Russia. The sharp increase in uncertainty is negatively affecting the mood and outlook of the population and businesses,” the Bank said.
The regulator is now officially forecasting a decline in Russia’s GDP for the second quarter of the year. Analysts say Russia’s economy is likely to shrink by more than 10% in 2022 and that the economic crisis could be the deepest Russia has faced since the collapse of the Soviet Union.
President Vladimir Putin warned earlier this week that Russians should be prepared for an increase in unemployment over the coming weeks, blaming the West as well as Russian “traitors” for attacking Russia and the Russian economy.
I don't believe you. Neither does anyone else, even in Russia. This Reuters article was posted today.
And this one is from 20 hours ago.In 2020, Russia was the world's 11th-largest economy, according to the World Bank. But by the end of this year, it may rank no higher than No. 15, based on the end-February rouble exchange rate, according to Jim O'Neill, the former Goldman Sachs economist who coined the BRIC acronym to describe the four big emerging economies Brazil, Russia, India and China.
Recession looks inevitable. Economists polled by the central bank predicted an 8% contraction this year and for inflation to reach 20%.
Forecasts from economists outside Russia are even gloomier. The Institute of International Finance predicts a 15% contraction in 2022, followed by a 3% contraction in 2023.
"Altogether, our projections mean that current developments are set to wipe out the economic gains of roughly fifteen years," the IIF said in a note.
INFLATION BUSTING TURNS TO DUST
Since taking office in 2013, central bank governor Elvira Nabiullina's biggest triumph was curbing inflation from 17% in 2015 to just above 2% in early-2018. As price pressures rose in the post-pandemic months, she defied industrialists by raising interest rates eight months straight.
Nabiullina also resisted calls in 2014-2015 for capital controls to stem outflows following the annexation of Crimea.
But those achievements have been torn to shreds in less than a month.
Annual price growth has accelerated to 14.5% and should surpass 20%, five times the target. Households' inflation expectations for the year ahead are above 18%, an 11-year high.
While panic-buying accounts for some of this, rouble weakness may keep price pressures elevated read more .
With Russia's reserves warchest frozen overseas, Nabiullina was forced to more than double interest rates on Feb. 28 and introduce capital controls. The central bank now expects inflation back at target only in 2024.
INDEX ELIMINATION
Sanctions are forcing index providers to eject Russia from benchmarks used by investors to funnel billions of dollars into emerging markets.
JPMorgan and MSCI are among those that have announced they are removing Russia from their bond and stock indexes respectively
Russia's standing in these indexes had already taken a hit following the first set of Western sanctions in 2014 and then in 2018, following the poisoning of a former Russian spy in Britain and investigations into alleged Russian meddling in the 2016 U.S. elections.
On March 31, Russia's weighting will be dialled to zero by nearly all major index providers.
RATINGS RUPTURE
When Russian troops stormed into Ukraine, their country had a coveted "investment grade" credit rating with the three major agencies S&P Global, Moody's and Fitch.
That allowed it to borrow relatively cheaply and a sovereign debt default appeared a distant prospect.
In the past four weeks, Russia has suffered the largest cuts ever made to a sovereign credit score. It is now at the bottom of the ratings ladder, flagging an imminent risk of default.
ROUBLE TROUBLE
A month ago, the rouble's one-year average exchange rate sat at 74 per dollar. Trading on different platforms showed the ample liquidity and tight bid/ask spreads expected for a major emerging market currency.
All that has changed. With the central bank bereft of a large portion of it hard currency reserves, the rouble plunged to record lows of more than 120 per dollar locally. In offshore trade it fell as low as 160 to the greenback.
As liquidity dried up and bid/ask spreads widened, pricing the rouble has become haphazard. The exchange rate is yet to find a balance on- and offshore.
VEB, as you're no doubt aware, is Russian.Real disposable incomes in Russia will shrink by up to 12% this year, inflation will soar towards 20%, while unemployment will climb higher, economists at state development bank VEB said on Thursday.
A drop in real disposable incomes is a sensitive problem for Russia, especially with rising prices hitting living standards. For years, President Vladimir Putin has promised to raise real disposable incomes, a measure of people’s purchasing power.
Unemployment in Russia will reach 6.0% to 6.2% this year, the VEB research team said in a report, up from 4.4% seen in January.
Everything you posted that wasn't an opinion unsupported by facts, is an outright objective lie. You are lying. That's over and above your claim that Ukrainians are hiding military assets in schools and childrens' hospitals, which you said, directly to a mod's face.

Finland remembers Russia's 'humanitarian aid' very well - Molotov's bread baskets.

Just because Putin talked about cancel culture, it doesn't it isn't the truth. It truly is a tumour of the entertainment industry, but it is one you deal with by talking through your wallet.
Last edited by Magnagarde; 2022-03-25 at 02:52 PM.
Stop quoting your toy markets.
For Russians the only exchange rate that matters is the one set on Moscow Exchange.
You do realize your own graph also shows ruble consistently strengthening for entire March?
Last edited by Shalcker; 2022-03-25 at 02:57 PM.

Guys! I found an honest example of RU humanitarian aid. /s
"Russian soldier runs over his commanding officer with a tank as revenge for the botched up operation that led to the death of his comrades."
https://www.vanityfair.fr/actualites...e-de-rebellion
Ukraine : un pilote de tank russe écrase son commandant en signe de rébellion
Le soldat en voulait au colonel Yury Medvedev pour la mort de ses amis au combat. L'Otan estime qu'entre 7000 et 15000 soldats russes ont été tués en quatre semaines de guerre.
Ukraine: a Russian tank pilot crushes his commander in a sign of rebellion
The soldier resented Colonel Yury Medvedev for the deaths of his friends in battle. NATO estimates that between 7,000 and 15,000 Russian soldiers have been killed in four weeks of war.
- Abandoning heavy vehicles is aid to Ukrainians
- Sabotaging heavy vehicles is aid to Ukrainians
- Fragging officers, also aid to Ukrainians.