|
|
|
|
|
by neilwilson
1542 days ago
|
|
"Also most people would probably prefer to store their savings in USD/CHF/EUR rather than Ruble" Only globalist anywhere people. Ordinary Russians keep their savings in Roubles for the same reason I keep mine in GBP - because that's where we live and where we intend to continue to live, with everything around us priced in that currency. I don't even care what the current GBP/USD exchange rate is. Why should I? Same with Russians with Roubles. "Main categories of goods imported by Russia in 2021 were: ‘Machinery & Equipment’ and ‘Medicine’ and it’s not like Russia can just stop importing these of they want to keep their pump jacks and hospital running." This idea that Russia is a backwater that can't make its own stuff is very peculiar. We've just removed the cheaper competition. Russian producers can now expand, massify and gain economies of scale. Hence they've confiscated a load of planes which they intend to make parts for themselves. Since IP rights have been suspended in Russia for foreign goods, they can make whatever they can physically make with nobody skimming off the top. |
|