SG Talk

Euro goes lower and lower and is even lower than before the war.   




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So, who is sanctioning who?    

EU sanctions Russia but it looks more like Russia is sanctioning EU.  

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(28-04-2022, 06:02 PM)kokee Wrote: [ -> ]all these know nut cmie dogs here, said 30x here, ruble interest rate at 20+% now, cut down to 10%, let see the exchange rate, how about cut down to almost 0% like USD, what will be the rate? LOL LOL.
in this world who bother ruble now? who F care? russia so huge, GDP is much smaller than US 1 state, US has 50 states.
wwith sanction, frozen & SWIFT, russian hold rubbish ruble for what? what foreign good can they buy? nothing.
This morning watch 1 youtube, almost nobody fly in russia now due to sanction, no spare parts to replace, you dare to take? same to all good.
china RMB is the one, crash down from 6.3 to almost 6.7 now, the actual exchange rate? US$1=RMB20 eventually, need to wait for full sanction on china like russia today. LOL LOL. By then china GDP is much much smaller than japan today.



人民币又开始冲击7了！不换手持汇，最终与国同休的会有多少“中产”

all these know nut comie dogs here, they dont know why putin want to drive up ruble? simple, to save face only, all these bloody dictator are the same.
But any use to drive up ruble? as above post, totally useless.
Russia almost bankrupt now, bond defaulted, debt also no money to pay, who F care of ruble.
Russia inflation today easily 30-50%, GDP this yr easily down 30-50%, ruble? WTF, LOL LOL.

Cokee better standby toilet rolls.🤣🤣🤣

(28-04-2022, 07:03 PM)kokee Wrote: [ -> ]all these know nut comie dogs here, they dont know why putin want to drive up ruble? simple, to save face only, all these bloody dictator are the same.
But any use to drive up ruble? as above post, totally useless.
Russia almost bankrupt now, bond defaulted, debt also no money to pay, who F care of ruble.
Russia inflation today easily 30-50%, GDP this yr easily down 30-50%, ruble? WTF, LOL LOL.

You call yourself "Know-all". All others are "know-nut".  

Look at the chart, US$ dropped from 7.20 rmb to now 6.6 rmb. What's this little gain? Especially now during  war time, it is better to let rmb to soften a bit to have better export to stimulate the economy. It is natural and normal movement. 

The point is Russian ruble is the target under sanction, then, it should be waste paper, right? Why Ruble went up? Sanction is just a total failure.