I always during 20+ years had to read " prophets " posting how USD and europe will collapse.
Especially funny are talks about " we will stop trade crude oil for USD and then USD will collapse. " or " U.S state treasury debt is too high ".
Also how rouble is cool.
Rouble under putin had dropped from approx 28 roubles for 1 USD till approx 90...
This exactly simply and clearly represents that Putin is printing money more than FRS.
Also main trend determining demand for USD is because . ...private debts....
Russia is touted about their low State Treasury debt and it is truth. While no one wants to talk about .....private debts denominated in roubles because private debts aren't state treasury debts. Banks are " happy " in Russia for sure.
Ukraine too is fun: they does report State Treasury debts in one position, municipalities debts in other report and companies debts in third report, private casuals debts in fourth position....
Also they afforded to post that banks mainly are working with... profit ...
Damn....
Especially funny are talks about " we will stop trade crude oil for USD and then USD will collapse. " or " U.S state treasury debt is too high ".
Also how rouble is cool.
Rouble under putin had dropped from approx 28 roubles for 1 USD till approx 90...
This exactly simply and clearly represents that Putin is printing money more than FRS.
Also main trend determining demand for USD is because . ...private debts....
Russia is touted about their low State Treasury debt and it is truth. While no one wants to talk about .....private debts denominated in roubles because private debts aren't state treasury debts. Banks are " happy " in Russia for sure.
Ukraine too is fun: they does report State Treasury debts in one position, municipalities debts in other report and companies debts in third report, private casuals debts in fourth position....
Also they afforded to post that banks mainly are working with... profit ...
Damn....