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TexasTowelie

(120,830 posts)
Mon Nov 25, 2024, 06:30 PM Nov 2024

Russian National Wealth Fund Collapsing - Joe Blogs



In this video I provide an update on what has happened to Russia's National Wealth Fund since the Invasion of Ukraine using data provided by the Bank of Russia and discuss the impact of the fall in the value of the Ruble.

Chapters:
0:00 Intro
0:55 NATIONAL WEALTH FUND
3:36 LIQUID ASSETS
6:37 BANK OF RUSSIA
9:46 RUBLE
11:26 SUMMARY & CONCLUSION
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Russian National Wealth Fund Collapsing - Joe Blogs (Original Post) TexasTowelie Nov 2024 OP
shithole and musk will funnel USA monies to Putin.................. Lovie777 Nov 2024 #1
Putin installed Trump into the WH for this reason. Irish_Dem Nov 2024 #2
And now even butter is now being locked up and BigmanPigman Nov 2024 #3

Irish_Dem

(69,779 posts)
2. Putin installed Trump into the WH for this reason.
Mon Nov 25, 2024, 06:39 PM
Nov 2024

Putin was desparate.
Losing the Ukraine War and his economy was tanking.
Rigging the US election was his only viable option.
And he took it.

BigmanPigman

(52,999 posts)
3. And now even butter is now being locked up and
Mon Nov 25, 2024, 06:58 PM
Nov 2024

distributed/rationed due to the economy.

"As President Vladimir Putin doubles down on military spending, Russia’s economy is curdling, leaving Muscovites feeling the squeeze at the checkout.

Butter — a simple staple — has turned into a luxury, with prices soaring by almost 30% in 2024 amid galloping inflation and interest rates at 20-year highs. This isn’t just theory — people are now stealing butter to resell on the black market, and supermarkets have resorted to anti-theft casings typically reserved for caviar or fine whiskey.

Prices are skyrocketing on other basics, too: potatoes are up 56%, eggs are once again in short supply, and the ruble has plunged to a one-year low, further eroding the purchasing power of ordinary Russians."

https://www.themoscowtimes.com/2024/11/21/russias-economy-is-spoiling-as-putin-struggles-to-balance-guns-and-butter-a86958

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