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Russian Ruble Falls To Another Record Low Against Dollar

Discussion in 'Russia & Eastern Europe' started by litwin, Sep 30, 2014.

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  1. Face. Your

    Face. Your Banned

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    You heard it here first folks a plummeting currency is actually an economic boom! Wow, ok let's see not a member until after Euromaidan, clearly writes using a online translator, does nothing but post pro-Moscow nonsense, is anything beginning to add up folks? This forum has been infiltrated by numerous numerous payed trolls.
     
    Face. Your, Oct 10, 2014
    #101
  2. litwin

    litwin Well-Known Member

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    which good? - balalaikas, matreshkas, prostitutes? when did you last time buy a Russian Good?
     
    litwin, Oct 10, 2014
    #102
  3. litwin

    litwin Well-Known Member

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    and this


    [​IMG]
     
    litwin, Oct 10, 2014
    #103
  4. vis

    vis Well-Known Member

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    Common Litwin, you know very well, Russian caviar is the best in the world.
     
    vis, Oct 10, 2014
    #104
  5. litwin

    litwin Well-Known Member

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    litwin, Oct 10, 2014
    #105
  6. freemarket

    freemarket New Member Past Donor

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    The BRICS countries are taking over the global economy.

    It’s Official: China Dethrones America as Largest Economy



    We reported in April 2012 that leading Chinese economic analyst (and American ex-pat) professor Michael Pettis argued in 2011 that China’s GDP might already higher than America’s in terms of purchasing power parity.

    And we noted that Arvind Subramanian – former assistant director in the Research Department of the International Monetary Fund, and now senior fellow jointly at the Peterson Institute for International Economics – says that China passed up the USA in 2010.

    Financial Times reported in April:


    The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies.

    Now, it’s official …
     
    freemarket, Oct 10, 2014
    #106
  7. Kiwi33

    Kiwi33 New Member

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    The coming cold weather to Europe - is stronger than policy of ''Obama'':wink::wink:
     
    Kiwi33, Oct 10, 2014
    #107
  8. Kiwi33

    Kiwi33 New Member

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    In the West caviar isn't eaten because it is expensive to them, but they speak - it is not tasty:roflol:
    [​IMG]
     
    Kiwi33, Oct 10, 2014
    #108
  9. JohnnyMo

    JohnnyMo Moderator Staff Member Donor

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    Please focus of the topic and not each other.

    JohnnyMo
    Moderator
     
    JohnnyMo, Oct 10, 2014
    #109
  10. litwin

    litwin Well-Known Member

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    because its amoral and irresponsible ...

    Read more: http://www.dailymail.co.uk/news/art...h-sturgeon-edge-extinction.html#ixzz3Fn3oLvkP
    Follow us: @MailOnline on Twitter | DailyMail on Facebook
     
    litwin, Oct 10, 2014
    #110
  11. litwin

    litwin Well-Known Member

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    [​IMG]
    moscovite rubles today ...
     
    litwin, Oct 10, 2014
    #111
  12. litwin

    litwin Well-Known Member

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    [​IMG]
    city Serediuno 30 km from Moscow ...
     
    litwin, Oct 10, 2014
    #112
  13. litwin

    litwin Well-Known Member

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    [​IMG]

    - - - Updated - - -

    105$ Ukrainians su¤k, 98 $ Ukrainians su¤k, 88 $ Ukrainians su¤k, 85$ Ukrainians su¤k, Less bubble -bubble Help!!!
     
    litwin, Oct 10, 2014
    #113
  14. Kiwi33

    Kiwi33 New Member

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    [​IMG]

    [​IMG]

    [​IMG]
    Russia frees the world... Glory of Russia! To heroes glory!:smile:
     
    Kiwi33, Oct 10, 2014
    #114
  15. litwin

    litwin Well-Known Member

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    [​IMG]
    its yours, for taking Lviv in forum comments
    http://vk.com/photo-37009309_341565990
    [​IMG]
    Moscovy today , great images ...
     
    litwin, Oct 11, 2014
    #115
  16. freemarket

    freemarket New Member Past Donor

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    "De-Dollarizing" Russia Pays Down Near-Record $53 Billion In Debt In Third Quarter

    Despite the reassuring narrative from The West that Russia faces "costs" and is increasingly "isolated" due to sanctions for its actions in Ukraine, the most recent data suggests reality is quite different. First, capital outflows slowed dramatically in Q3 (from $23.7 billion in Q2 to $13 billion in Q3) with September seeing capital inflows for the first time since Sept 2013. Second, Russia's current account surplus was significantly stronger than expected ($11.4 billion vs $8.8 billion expected) driven by increased trade. Third, and perhaps most crucially, Russia paid down a massive $52.8 billion in foreign debt as Putin "de-dollarizes" at near record pace, reducing external debt to the lowest since 2012.

    As Goldman explains, Trade and income improved notably...
    The current account balance for Q3 came in at a surplus of US$11.4bn, above consensus expectations of US$8.8bn and up sharply from a small deficit of US$0.7bn in Q3 2013.

    On our estimates, on a seasonally-adjusted basis, this now puts the current account at 3.8% of GDP, up from a low point of 1% in Q2 2013 and 1.6% for the full-year 2013.

    The improvement in the current account came from both the trade balance, where imports have contracted (due to slowing domestic demand and the weaker Ruble), and from the income balance.

    In our view, the latter could be due to either cyclical or structural factors, which are difficult for us to pinpoint, but risks to our current account balance forecasts nonetheless remain to the upside.

    Meanwhile,
    Net private capital outflows stood at US$13bn for the quarter, up slightly from US$10bn in Q3 2013 and similar to the pattern seen in Q2.

    *RUSSIA 3Q CAPITAL OUTFLOWS SLOW TO $13B VS $23.7B OUTFLOW IN 2Q

    *RUSSIA HAD $11.6B NET CAPITAL INFLOW IN JUNE: CENTRAL BANK

    June was first monthly net inflow since Sept. 2013, according to central bank statement.

    And finally - "de-dollarization" accelerates as Russia pays down its foreign debt at the fastest pace since Lehman...
     
    freemarket, Oct 11, 2014
    #116
  17. litwin

    litwin Well-Known Member

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    all what china needs from you its your oil an gas
    [​IMG]
     
    litwin, Oct 11, 2014
    #117
  18. elf_ua

    elf_ua Banned at Members Request

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    [​IMG]
     
    elf_ua, Oct 11, 2014
    #118
  19. vis

    vis Well-Known Member

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    vis, Oct 11, 2014
    #119
  20. Kiwi33

    Kiwi33 New Member

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    [​IMG]
    I think very soon for kiwis better to go in local bank and open UnionPay card , for money transfers to China or Russia.(or for travel) Reliability the Visa card and master card starts raising doubts after sanction to Russia ...
    The Last some U.S. Presidents start destroyed economy of America exhausting in ''a debt hole and printing empty dollar pieces of paper '' and poor Obama appointed to shift all blame on him...
    (you look as it is criticized, he is the worst president etc.)
     
    Kiwi33, Oct 11, 2014
    #120
  21. Kiwi33

    Kiwi33 New Member

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    It is no secret that the most developed country of the world is split on rich and poor which remain in position of inhabitants of the third world in a superstate.


    ...In fact, in real terms the average wage of Americans peaked more than 40 years ago...
    Other factors ; lagging educational attainment relative to other countries; and a broad decline in better-paying jobs and consequent shift toward job growth in low-wage industries.

    In a Pew Research Center survey from August, 56% of Americans said their family’s income was falling behind the cost of living, up from 44% in September 2007 — just before the recession hit. More than a third (37%) of Americans in the latest poll said their family’s income was staying about even with inflation; only 5% said they were staying ahead of inflation.
    http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/
     
    Kiwi33, Oct 11, 2014
    #121
  22. Kiwi33

    Kiwi33 New Member

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    I will remind that the most part of inhabitants of the earth (including Russians) don't want that the American economy failed completely as it happened to the USSR. It will be bad for everyone. But America repeats mistakes of the USSR - 100% similarly. In all foreign policy... billions are spent for different ineffectual military development, for army in general... (of course the USA have something from different military and other operations, but it is much less expenses.) The USA intimidate other world and all understand it, but so far can make nothing with it (for example threaten with sanctions to the different countries, any which want to conduct the policy for the good of the people) Look at numbers of an external debt of the USA http://usdebtclock.org/
    It is a debt of America to the whole world, money which were spent by America, but earned the different countries. How America is going to compensate this debt? Maybe the easier way to win the whole world and to tell all -sorry, the BOSS doesn't pay?
    To fence off the countries of the West from Russia as in the years of cold war and at the expense of the countries of the West to hold a domination role?
    And how they will raise a standard of living of the citizens, after all the world economy depends on China more and more? To fence off China just as Russia it won't turn out. It's late. Britain was a superstate - failed. The USSR - failed. As Americans dose matter how try to hold a superpower - all the same it will fail. What as a result remains - other world embittered against America? In the USA there are a lot of super technologies, a quality different equipment and production... which can be exported to the different countries and to develop the new. So far in the USA the largest gold reserves... maybe it is for Americans good time before to late - to begin while the getting is good other foreign and domestic policy and development?
     
    Kiwi33, Oct 11, 2014
    #122
  23. litwin

    litwin Well-Known Member

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    how much do you get from Caviar export ?then try to compare it with samsung or apple numbers
     
    litwin, Oct 11, 2014
    #123
  24. Kiwi33

    Kiwi33 New Member

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    Except production balalaika and oil export or Caviar -Defense industry,Aircraft industry,chemical industry,Food industry,Mechanical industry etc. bring in to the Russian Federation good incomes too :smile:
     
    Kiwi33, Oct 12, 2014
    #124
  25. vis

    vis Well-Known Member

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    Quite a lot, if you consider the price for one kilo and amounts of export. Then Russia export quite a lot of diamonds and vodka, that is also quite good.
     
    vis, Oct 12, 2014
    #125
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