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Ruble under 60 to USD. Milley calls Gerasimov. Blame it on “cosmic cretinism.” $18 Beer. Update 2

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Ruble under 60 to USD. Milley calls Gerasimov. Blame it on “cosmic cretinism.” $18 Beer. Update 2
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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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michael888
michael888
May 20, 2022

I remember articles bragging about sabotage of Belarusian railways early in the conflict.
I’m surprised that these railways still could be used for food transport out if they could not be used for Russian equipment transport in?

goedelite
goedelite
May 20, 2022

Mr Christoforou’s use of “higher” or “lower” with regard to the USD/RUB is confusing. He says the ruble keeps going “lower”. What he means is fewer rubles per dollar. Really, the ruble is going HIGHER, becoming worth more dollars. NOT LOWER. It’s the dollar that is going lower. I wish he would adhere to the value of his subject. His subject is the ruble. Its value is rising. It is going HIGHER.

Last edited 1 month ago by goedelite
Ravi
Ravi
Reply to  goedelite
May 21, 2022

I think the words “stronger” and “weaker” would be clearer.

goedelite
goedelite
May 20, 2022

When a country is ruled by capitalists, its sidewalks – if there are any – are inadequate. That is a domestic feature of local government, which is notoriously ruled by real estate developers and agents, small business, and their political servants. Smaller or no-sidewalks maximize the area of a property that can be sold. Large, comfortably allocated sidewalks do not sell.

Last edited 1 month ago by goedelite
goedelite
goedelite
May 20, 2022

The ruble is not lower. The key-word is “fewer” not “lower”. You get fewer rubles per dollar.

mycleareyes
mycleareyes
May 21, 2022

How about no ‘world order’? Thanks.

David Bowlas
David Bowlas
May 21, 2022

Alex a lot of ordinary citizens in the EU are so stupid they will still blame food shortage on Putin.

Ukraine update & Wheat for Rubles has collective west in panic mode

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