Ukraine Invasion - Please do not post videos showing attacks/similar

Status
Not open for further replies.
martynr said:
You don't understand anything about economics of ruZZia. The more dollar costs the better they are off as more rubbles they get. Simples like 2 plus 2 is 5.
India and Chiina is buying the oil by a bucket load...
Click to expand...

This is clearly rubbish.

If that was the case, they could easily devalue their currency as much as possible.
 
martynr said:

You better believe him or else...
Click to expand...

Putin is correct

That's because back then they participated in global oil trade, when means selling oil in US dollars. So if the Ruble weakens to the dollar, but you are still selling oil in dollars then yes you are now getting more money for your product in Rubles. That's going to push inflation up as more paper is injected into the Russian economy but hey it lets putin shills believe it's a good thing. If you look at historical data, inflation in Russia jumped from 7% to 15% after the invasion of Crimea, which proves my point above

The problem is it's 2023 not 2014 and Russia no longer sells oil in Dollars. It sells oil in Ruble these days and the weakened Ruble means Russia is getting paid less and less everyday for its oil leading to major budget deficit holes because a large chunk of government spending under Putin has come from oil profits
 
Last edited:
Grim5 said:
Putin is correct

That's because back then they participated in global oil trade, when means selling oil in US dollars. So if the Ruble weakens to the dollar, but you are still selling oil in dollars then yes you are now getting more money for your product in Rubles. That's going to push inflation up as more paper is injected into the Russian economy but hey it lets putin shills believe it's a good thing. If you look at historical data, inflation in Russia jumped from 7% to 15% after the invasion of Crimea, which proves my point above

The problem is it's 2023 not 2014 and Russia no longer sells oil in Dollars. It sells oil in Ruble these days and the weakened Ruble means Russia is getting paid less and less everyday for its oil leading to major budget deficit holes because a large chunk of government spending under Putin has come from oil profits
Click to expand...
They get more rubles then. It should be alright?
 
Firestar_3x said:
Yea, and the great thing about that is the longer you hold onto them the less they are worth.

Think of the weight loss opportunities and all the effort saved carrying so much food home............
Click to expand...
So it should be happy faces all round, but instead they are whinging about it...
 
bingham67 said:
Guy says in video it works for anti tank mines.
Click to expand...

The chains work yes, they say the chains will detonate anti tank when they drive over it but they also say they they've only tested with anti infantry mines, the mine in question they're using for testing contains about 600grams of explosives where as a TM62 anti tank mine contains 7kg of explosives. Not to mention that the Russians have so much supply of anti tank mines they've been stacking them so often these days you have multiple going off at once - so I guess my concern is less about the chains detonating the mines and more about will the vehicle still be in one piece when it hits and detonates 2 or 3 TM62 at once
 
Last edited:
Grim5 said:
Only designed for small anti infantry mines, eventually it's gonna hit a tank mine if they use this device in random fields
Click to expand...

Given the speed of an excavator I suspect they would have sapped and confirmed the mines before using. The excavator needs to be trucked in which would make it a sitting target, so probably behind the current Ukrainian lines clearing up logistics paths. However you never know - front line excavator duties?
 
Last edited:
Ruble turns to rubble. The situation reminds of when I started my first job as a trainee accountant which was working at a small company that sold on-hold messages for telephone systems. The owner (my boss) had foolishly been talked into signing up to this scheme called ‘Barter Card’ which used trade pounds as it’s currency instead of real £’s (the conversation rate was meant to 1 for 1). I’m not sure when it twigged on him but he suddenly found their was a huge demand for his companies products and services when trading on this Barter Card scheme when ordinarily it required a lot of effort to sign up new customers. We had thousands of ‘Barter Pounds’ at one point but when it came to spending them it was a struggle, the existing members all wanted out and anyone who would be willing to accept Barter pounds was charging massively inflated prices.

It’s on another scale and it’s not quite the same but there are parallels between the situation with ruble and the situation my old boss got himself into. Nobody is going to want to trade in rubles because there is nothing to spend it on in-terms of add value goods, access to high tech products, cars, chemicals, medicines, advanced manufacturing machinery etc is all done in $. In the short terms Russia’s central bank can raise interest rates which will help for while, but it doesn’t fix the fundamental problems driving long terms issues with supply and demand. A country that has been too reliant on selling low end goods (gas and oil) and too little investment in building up other sectors of it’s economy, Russians are quite literally paying the price for living under autocrat for the past 25 years.
 
Status
Not open for further replies.
Back
Top Bottom