Comments by "Toby" (@toby9999) on "Russian Monetary Crisis - Fall of the Bank of Russia" video.

  1. ​@xavierthepainter3658 High? It's weak and getting weaker. Currenty around 92 to USD. Probably break back through 100, and thats with massive manipulation from the ruzzian government. What do you suppose the true value is if it traded freelly? Probably 150 or worse.
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  2. It actually doesn't seem relevant.
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  3. Yeah, but that doesn't build wealth. The country will still deteriorate like NK did, guns, or no guns.
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  4. ​@JohnHoranzy It is collapsing. It's just that your spin on what is meant by "collapsing" is in error. I would consider a 20% fall to be a collapse. It's probably close to that already. Of course, it's not easy to know for sure because the ruzzian economic data are faked. Ruzzia's main earner was oil gas and refined products. Most if that profit has dried up. How about weapons exports? Not much now, right? Shall I keep going?
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  5. ​​​ @ElRabito Spot on. Ruzzia was already poor before the war and before the sanctions and before the military spending blowout. They have a lot of resources, but it's wasted. Most ruzzians never see the benefit.
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