Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

In reply to the discussion: *Ruble in free fall. [View all]

herding cats

(19,996 posts)
38. He's definitely trying to shift power.
Thu Feb 24, 2022, 01:23 AM
Feb 2022

I believe this is a plan he's dreamed about and been working toward since 1997. Which is just my armchair opinion. Which holds no weight.

Recommendations

0 members have recommended this reply (displayed in chronological order):

*Ruble in free fall. [View all] elleng Feb 2022 OP
Just as valuable as a Confederate dollar. ProudMNDemocrat Feb 2022 #1
If anything can take Putin down, it will be money, or the lack of it. Ocelot II Feb 2022 #5
Putin dreams canetoad Feb 2022 #21
They probably moved all their money to a safe spot quite some time ago. Irish_Dem Feb 2022 #27
China won't bail him out. hunter Feb 2022 #32
The NRA and GQP Are Gonna Have To Tighten Their Belts nt smb Feb 2022 #43
Russians better be reminiscing for empty stores and bread lines. C_U_L8R Feb 2022 #2
Good. AngryOldDem Feb 2022 #3
as long as oil is $100/bb, Russia is making bank. WarGamer Feb 2022 #6
Not if the ruble collapses and Russia doesn't have access to dollars or euros. Ocelot II Feb 2022 #12
Oil is paid for in dollars. If China buys oil, they're good. Lucky Luciano Feb 2022 #39
Exactly. herding cats Feb 2022 #13
I think they did the math too. And they will be fine. Irish_Dem Feb 2022 #29
They've also known this was coming for a very long time. herding cats Feb 2022 #34
Of course they knew what was coming and prepared for it. Irish_Dem Feb 2022 #37
Kier Simmons just brought that up. AngryOldDem Feb 2022 #14
unfortunately... so are US markets. WarGamer Feb 2022 #4
Would you rather be holding roubles or dollars right now? BeyondGeography Feb 2022 #11
hahhahaha definitely USD WarGamer Feb 2022 #17
I'd imagine the wealthy in power there moved out of the Ruble before this. herding cats Feb 2022 #19
Everyday Russians are going to get pounded BeyondGeography Feb 2022 #24
Putin is sending a very strong message about his power. Irish_Dem Feb 2022 #33
He's definitely trying to shift power. herding cats Feb 2022 #38
We seem to be doing as well as the so called experts. Irish_Dem Feb 2022 #40
Do you recall the TPP? herding cats Feb 2022 #41
Yes but nothing has curbed China. Irish_Dem Feb 2022 #42
U.S. markets will bounce back, imo, easier than ruble, elleng Feb 2022 #15
of course... WarGamer Feb 2022 #18
To be expected, no? AngryOldDem Feb 2022 #23
I bought SPY puts on Monday... they should be up SHARPLY tomorrow... WarGamer Feb 2022 #26
Their markets are also suspended. herding cats Feb 2022 #7
Right. elleng Feb 2022 #16
I do wonder if the 10 or 12 (I forget) ruling families there have managed to shore up their assets? herding cats Feb 2022 #28
Some place(s) with sand??? elleng Feb 2022 #31
I would guess as much myself. herding cats Feb 2022 #36
He and the oligarchs prepared for this I am sure. Irish_Dem Feb 2022 #22
And to hell with everyone else. That's the Putin way. AngryOldDem Feb 2022 #25
He wants the world to suffer. He is sending a strong message. Irish_Dem Feb 2022 #35
... sprinkleeninow Feb 2022 #8
Good vercetti2021 Feb 2022 #9
But Putin prepared for this by moving lots for him and his cronies to gold. Samrob Feb 2022 #10
Putin and his oligarchs no doubt moved their cash into something safe. Irish_Dem Feb 2022 #20
Start full scale monetary operations to crash it. roamer65 Feb 2022 #30
Good to see the Putin fan boy who ain't as clever as he thinks he is show up in the thread. BannonsLiver Feb 2022 #44
Latest Discussions»General Discussion»*Ruble in free fall.»Reply #38