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Russian ruble (sh.itjust.works)
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[-] andyburke@fedia.io 108 points 1 year ago

A ten year steady decline in the currency of a "world power" is no big deal. 👍

[-] tburkhol@lemmy.world 39 points 1 year ago

Yeah, the message I get is that a 10% one-day decline doesn't look like much on the tail end of 70% losses. Worthless paper is worthless.

[-] clucose@lemmy.ml 19 points 1 year ago

Russia has the same economy as Italy. We take them only seriously because of their nuclear weapons.

[-] TheFonz@lemmy.world 24 points 1 year ago

As an Italian.... Not sure if proud or embarrassed....

[-] clucose@lemmy.ml 6 points 1 year ago
[-] ayyy@sh.itjust.works 5 points 1 year ago

I’m just amazed your comment made it through your clown government internet filter.

[-] superkret@feddit.org 8 points 1 year ago

According to some social media bubbles, it should have dropped to 1/10 in the past 2 years.

[-] Valmond@lemmy.world 9 points 1 year ago

Ah, the kremlin talking points "look your measures doesn't work!!1! (So can you remove them, ok?)"

Nobody thought the ruble would crash one or two years ago.

But well, now is now and it looks like the funds have been used up, the inflation is at its maximum utility etc etc and now it's crash time!

[-] psmgx@lemmy.world 6 points 1 year ago

According to some social media bubbles the world is flat and Xenu populated the earth

[-] marcos@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

Actually, it's not. But it's not a world power either.

And a large decline in a single day, smaller than that steady decline in a decade can be quite a big deal. Or can be nothing. Nobody knows.

this post was submitted on 27 Nov 2024
690 points (100.0% liked)

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