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Ruble Tops Global Currencies as Putin Reaps Iran War Oil Gain
(www.bloomberg.com)
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this post was submitted on 20 May 2026
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That seems implausible given that all their fucking refineries are on fire. More like Putin is desperately selling off all available reserves of anything that isn't nailed down in order to prop up his still ongoing 3 day special military operation, and vultures are cheerfully picking up the meatiest parts of Russia's carcass.
OP has been spreading Russian and Chinese propaganda, and this is just the next move. They even cross-post the complete rubbish from the ml communities.
i think it's more - isn't if funny that the iran and gaza shit plays into russia's hands
Russia's economy contracted in the first quarter 2026 for the first time in three years, according to Russia's Federal State Statistics Office. The Kremlin slashed its own GPD growth forecast for 2026 from +1% to almost zero. Russia's federal budget deficit has officially exceeded its annual ceiling by 60% already by April.
Just three examples for the short-term. And in the long run Russia's economy is in very big trouble already, even if the war ended tomorrow.
Ah yes, bloomberg, the famously hardline conservative rag responsible for criticizing Russia's failure to adopt western policies fast enough after the collapse of the USSR and supporting Ukraine (by supporting the decision of Ukraine to sell off large swaths of farmland to blackrock) is totally Russian propaganda and not just generic capitalist propaganda meant to direct lower markets towards whatever profits the ruling class the most.