I don't know what to tell you guys. It’s pretty obvious if you actually bother to look at the data. Are we really going to sit here and pretend everything is fine? Please. It's a joke. kaže:
Russians are fleeing their own country on the only public transit line left connecting them to the European Union. Apparently, people are freaking out!
Look, like I said before, they aren't going to stick around and complain. They’re just gonna run. And the ones who actually stay? They'll be dead silent.
Why would anyone bother risking prison time or taking a bullet? It’s a losing game. Even if they manage to topple Vladimir Putin and get those sanctions lifted, Russia is still going to be in massive trouble. What if they never actually bounce back to how things used to be? By then, the European Union will have already pivoted to other energy suppliers. That’s a total certainty. Everyone finally woke up and realized just how much they were leaning on Russia. They're sober now, and they aren't looking back.
Gary Wilson said:The Ruble took another hit today. We started the morning at 110 rubles per dollar, but we’re already looking at roughly 122.
A freefall, really.
Back on March 2nd, the Federal Reserve attempted a major intervention to stabilize the rate—likely by burning through dollar reserves—which briefly pushed the rate below 100. That attempt failed miserably, and if you look at the chart, those reserves just went up in smoke.
https://www.xe.com/currencycharts/?f...to=RUB&view=1W
As time ticks on, we should prepare for shortages of imported goods and significant price hikes.
Consumer goods make up about 14.5% of imports, followed by machinery and vehicles at roughly 45%, and chemicals at 19%.
All this instability actually highlights just how powerless the Russian economy truly is. Between the mounting costs of the war and the weight of these sanctions—especially if they persist for another six months or a year—we're looking at a devastating impact from which Russia won't recover easily.
Their only real way out is to go all-in and wrap this up as quickly as possible, but based on current trends, that isn't happening.
Since gas and oil are still flowing relatively steadily into Germany and the European Union, if the EU manages to build up sufficient stockpiles, they could potentially cut off those energy purchases during a critical moment—effectively delivering the final blow to Vladimir Putin's regime.
We have to remember—it's only day eight of the offensive. We have months, maybe even years, ahead of us. If this conflict drags on, even if Russia technically "wins," they'll end up as an economic dwarf facing massive internal strife and a deeply impoverished population.
That’s exactly my point. You have no idea how much a middle-class Russian actually gives a damn about toppling Vladimir Putin. Does it even matter? Whether he stays in power or gets kicked out, they’re still looking at poverty. Honestly, most of them would rather just pack their bags and move somewhere else anyway.