Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SmokingJoe

“They already have. Check the value of the Ruble which rose to record highs after Dementia Joe’s laughable “sanctions”.”

You are aware that only happened was Russia offering a 17% return on the ruble (vs 0.5% of Euro or Dollars). Is that a good sign of economic health?


20 posted on 07/12/2022 11:29:44 AM PDT by Renfrew
[ Post Reply | Private Reply | To 16 | View Replies ]


To: Renfrew
It happened because Putin demanded (and got payment) for Russian oil and gas in Rubles.
Those foolish, arrogant Europeans who refused to pay in Rubles got their Russian natural gas CUT OFF, even as Russia easily sold their oil and gas to happy customers in China, Asia and the rest of Asia at good prices.
25 posted on 07/12/2022 12:35:25 PM PDT by SmokingJoe
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson