Godlike Productions - Discussion Forum
Users Online Now: 2,370 (Who's On?)Visitors Today: 1,683,208
Pageviews Today: 2,466,472Threads Today: 675Posts Today: 13,930
08:06 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!

 
Mr Potato Head

User ID: 66088845
United States
12/15/2014 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Going back up! Looks like it doesn't want to break 65..

64.8714


Last Edited by Mr Potato Head on 12/15/2014 12:30 PM
Anonymous Coward
User ID: 66087037
United States
12/15/2014 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
When all other currencies are valued in relation to the dollar, and other countries economies are turning away from paper based economies, it will APPEAR that the dollar is strengthening while everything else is devaluing.

However, it is just a farce. If the rest of the world is ditching the dollar to move to an alternate from of currency (resource, instead of faith backed,) of course the player who insists on sticking with paper is going to be on top--until the switch is fully made.

Since we make the financial rules that everyone is currently playing by, of course during this economic war we are willing to harm our allies economies in order to save our own. It's desperate and it won't work.

See: opening of BRICS bank soon.

It seems like the BRICS countries don't care if their current economic models collapse. I think they want to replace it. Collapsing the current system isn't such a bad thing if you've planned for it. We haven't though as a country, we've been preparing for war instead.

So, if Russia and China have already resolved that the current economic system is unsustainable, in order to break our economy, all they need to do is let theirs fail.

Which countries do we think will handle this change well?

Nobody really considers the possibility that BRICS may actively be trying to take down the established financial systems, and in order to do so their own economies also require failure.

It's like mutually assured financial destruction, except BRICS planned it and probably already created controls for when SHTF.
 Quoting: Anonymous Coward 66087037



No offence to you, but in my humble opinion this is what it looks like when currency is not manipulated.
 Quoting: Mr Potato Head


The only reason things haven't already crashed in this country is that we manipulate our markets.
messi17

User ID: 65886903
France
12/15/2014 12:31 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
putin
man
Anonymous Coward
User ID: 3886841
Canada
12/15/2014 12:31 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
GAZPROMBANK DEMANDS EARLY REPAYMENT OF $842.5 MLN LOAN TO FIRTASH COMPANY; MAY CONFISCATE GAS IN UKRAINIAN UNDERGROUND STORAGE - BANK
[link to interfax.com]

How could GAZPROMBANK CONFISCATE GAS IN UKRAINIAN UNDERGROUND STORAGE unless Russia INVADES UKRAINE?
 Quoting: Anonymous Coward 66086840


Yeah, guess who the Russians will take their anger out on for all of this mess?

Ukies...
 Quoting: Anonymous Coward 3886841


Unless the Ukies can figure out a way to relocate the entire country farther away.
Anonymous Coward
User ID: 7159688
United States
12/15/2014 12:36 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
65.303

[link to www.tradingview.com (secure)]
Anonymous Coward
User ID: 66086840
Romania
12/15/2014 12:36 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Russian Deposit Insurance Agency urges onslaught on illegal bankruptcies

MOSCOW. Dec 15 (Interfax) - Russia's Deposit Insurance Agency (DIA) has proposed setting up a financial crimes unit at one of Russia's two top criminal investigation bodies to prevent illegitimate outflow of capital from banks and other financial institutions.

Audits of 220 banks and three pension funds have shown that more than 80% of bankruptcies are caused by "non-market factors, namely the withdrawal of assets from financial organizations and the improper formalization of commitments," the DIA said in a statement on Monday.
[link to interfax.com]

Bankruptcy is going to be illegal in Russia!
glassesoff
Anonymous Coward
User ID: 65863406
United Kingdom
12/15/2014 12:43 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
Snuffielover

User ID: 66027792
Russia
12/15/2014 12:46 PM

Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Yeah guys, life here is getting really lousy! Food prices almost doubled. That's if there is any good foods left in our store. Utility bills spiking as well :( What I wouldn't give for some stability and prosperity now!
If any foreign minister begins to defend to the death a "peace conference," you can be sure his government has already placed its orders for new battleships and aeroplanes.
Anonymous Coward
User ID: 32406990
Lithuania
12/15/2014 12:46 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
 Quoting: Anonymous Coward 65863406


Western sanctions + low oil price
Anonymous Coward
User ID: 65863406
United Kingdom
12/15/2014 12:47 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
 Quoting: Anonymous Coward 65863406


Western sanctions + low oil price
 Quoting: Anonymous Coward 32406990


Thanks for your reply hf
messi17

User ID: 65886903
France
12/15/2014 12:49 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
-11%

sfan
man
Anonymous Coward
User ID: 32406990
Lithuania
12/15/2014 12:49 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
 Quoting: Anonymous Coward 65863406


Western sanctions + low oil price
 Quoting: Anonymous Coward 32406990


Thanks for your reply hf
 Quoting: Anonymous Coward 65863406


No problem cool2
Luwe
User ID: 34067841
Belgium
12/15/2014 12:50 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
 Quoting: Anonymous Coward 65863406


Rumors of companies fearing difficulties to renew loans. Especially companies that have little or no US dollars.
So they need to buy dollars so they'll be able to get loan or bonds renewals and stay solvent.
Anonymous Coward
User ID: 65863406
United Kingdom
12/15/2014 12:51 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
-11%

sfan
 Quoting: messi17


wtf
Anonymous Coward
User ID: 66089288
Italy
12/15/2014 12:52 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
What has triggered the collapse?
 Quoting: Anonymous Coward 65863406


Western sanctions + low oil price
 Quoting: Anonymous Coward 32406990


Thanks for your reply hf
 Quoting: Anonymous Coward 65863406


No problem cool2
 Quoting: Anonymous Coward 32406990


More complex, there is also the structural weakness of the Russian economy.
KipKat

User ID: 25952351
Netherlands
12/15/2014 12:54 PM

Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
ruble
:kkwapper:
Anonymous Coward
User ID: 32406990
Lithuania
12/15/2014 12:54 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
...


Western sanctions + low oil price
 Quoting: Anonymous Coward 32406990


Thanks for your reply hf
 Quoting: Anonymous Coward 65863406


No problem cool2
 Quoting: Anonymous Coward 32406990


More complex, there is also the structural weakness of the Russian economy.
 Quoting: Anonymous Coward 66089288

Well you can say that was the point where it began going downhill
SeanoftheDead

User ID: 1454349
Canada
12/15/2014 12:54 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Yeah guys, life here is getting really lousy! Food prices almost doubled. That's if there is any good foods left in our store. Utility bills spiking as well :( What I wouldn't give for some stability and prosperity now!
 Quoting: Snuffielover


Be safe and well!
AAONMS
User ID: 59787360
United States
12/15/2014 12:55 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
-11%

sfan
 Quoting: messi17


wtf
 Quoting: Anonymous Coward 65863406


[link to www.xe.com]

1 USD = 65.44 RUB
Anonymous Coward
User ID: 66086840
Romania
12/15/2014 12:56 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
1 USD = 65.4454 RUB
[link to www.xe.com]

This is live porn with the ruble being cowbonk by $!
Anonymous Coward
User ID: 21336637
Canada
12/15/2014 12:57 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Why is it when oil prices are high they say food prices increases now its low and food prices still high?
Anonymous Coward
User ID: 36830620
Italy
12/15/2014 12:58 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
65,76 running fast now...
Anonymous Coward
User ID: 13391804
Canada
12/15/2014 12:58 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
60.1740. Up 3.25% today.

siren2siren2siren2siren2

[link to www.bloomberg.com]
 Quoting: hIndsIght2020


Yea the Canadian dollar is faring so well, down to .85 and a bit.

We are getting seriously screwed over but Canadians like to be bent over backwards by the Fed, right?
Anonymous Coward
User ID: 34067841
Belgium
12/15/2014 12:59 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Why is it when oil prices are high they say food prices increases now its low and food prices still high?
 Quoting: canadian oldster


It's because everything Russia needs to import is getting crazy expensive. So food that's imported gets more and more expensive as the ruble tumbles.

When oil prices are high food prices rise because more of the food is used for bio-fuels which become more economically viable at high oil/energy prices.
Anonymous Coward
User ID: 66086840
Romania
12/15/2014 01:00 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Why is it when oil prices are high they say food prices increases now its low and food prices still high?
 Quoting: canadian oldster


Because of droughts, floods and global cooling. And this is just the start of rising food prices!
Anonymous Coward
User ID: 13391804
Canada
12/15/2014 01:00 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Why is it when oil prices are high they say food prices increases now its low and food prices still high?
 Quoting: canadian oldster


Cause you are getting banged from both ends.

Hope does it feel?
Anonymous Coward
User ID: 36830620
Italy
12/15/2014 01:00 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
65,76 running fast now...
 Quoting: Anonymous Coward 36830620


65.93
1 EURO = 82 RUBLE
Anonymous Coward
User ID: 13391804
Canada
12/15/2014 01:01 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Why is it when oil prices are high they say food prices increases now its low and food prices still high?
 Quoting: canadian oldster


Because of droughts, floods and global cooling. And this is just the start of rising food prices!
 Quoting: Anonymous Coward 66086840


Why is it when oil prices are high they say food prices increases now its low and food prices still high?
 Quoting: canadian oldster


Because of droughts, floods and global cooling. And this is just the start of rising food prices!
 Quoting: Anonymous Coward 66086840


Nope we had bumper crops here the last two years.

Excellent crops worldwide this past year.
Anonymous Coward
User ID: 66088876
United Kingdom
12/15/2014 01:01 PM
Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
65,76 running fast now...
 Quoting: Anonymous Coward 36830620


65.93
1 EURO = 82 RUBLE
 Quoting: Anonymous Coward 36830620


1 GBP = 103.3714 RUB 13.010%
Resister

User ID: 36421936
United States
12/15/2014 01:02 PM

Report Abusive Post
Report Copyright Violation
Re: The Ruble is IMPLODING - Now valued at 67 RUB to 1 USD - UPDATE: IT'S CARSHING!
Wow. I feel bad for the Russian people. Groceries and utility bills are going to go through the roof. Watch carefully Americans, this is what will happen to the dollar as well. Our time is coming.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787





GLP