Alt-Account:

feddit.de/u/Hubi

lemmy.world/u/Hubi

Matrix: @hubinator:matrix.org

  • 45 Posts
  • 149 Comments
Joined 6 months ago
cake
Cake day: June 22nd, 2024

help-circle




















  • Hubi@feddit.orgtoMicroblog Memes@lemmy.worldRussian ruble
    link
    fedilink
    English
    arrow-up
    12
    ·
    edit-2
    16 days ago

    Pretty much everyone including notoriously shady Chinese banks have stopped doing business with them and are no longer handing out loans. You can bullshit your way through all sorts of things but even for the most corrupt institutions the fun stops at “there’s no money”.



  • Hubi@feddit.orgtoMicroblog Memes@lemmy.worldRussian ruble
    link
    fedilink
    English
    arrow-up
    31
    arrow-down
    1
    ·
    17 days ago

    Russia is running out of reserves. They managed to boost the Ruble once before when they forced their remaining trading partners to switch to it. Now that they bought up pretty much everything there is, the value will continue go down. I’ve seen a lot of people predict that this would happen in 2025, so this may be the beginning.