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Strategies & Market Trends : Value Investing

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petal
To: Spekulatius who wrote (70826)8/1/2022 2:09:49 AM
From: bruwin1 Recommendation  Read Replies (1) of 78704
 
"The Ruble exchange rate doesn’t tell the story."

Really ?!!

Back in Ferbruary 2022 you stated in ---->

Message 33731805

..... that ----> "Glad I never considered Russian bonds. Sort of has key man risk. Ruble down 40% against USD this evening and last week wasn’t too great either. I don’t think bonds will pay either, I expect to see a default."


Since then there's been NO SIGN of a "Default" and the Ruble has improved by OVER 47% against the USD ... from RUB118 to the current ~RUB62.

And here's an interesting and relevant recent headline ......



If I'm not mistaken "Central Banks" in the "Collective West" have been having to do the Opposite.

If I'm not mistaken "Central Banks" usually Raise Interest Rates in their attempt to reduce the Money Supply and Combat INFLATION which is certainly RISING in the "Collective West" ..... the USA is currently staring at a Record 9.1% Inflation Rate, Plus being in a theoretical Recession, due, I guess, in large part to all that "Printing" and "Record Spending".
The UK's Inflation Rate sits at 9.4%, while the EU sits at a "Harmonized" 9.6% .......

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