Putin’s ruble surges to 2-year high against euro while in climb back to pre-war levels

THE RUBLE has surged to a two-year high against the euro as Russia’s central bank begins reversing emergency hikes to interest rates.

Moscow’s currency has now reached highs of just over 74 to the euro, its strongest position since March 2020. The currency has also strengthened its position against the dollar, climbing back to pre-conflict levels. Part of the divergence with the euro has also been driven by a decline in the single currency which has seen a sharp sell-off this week. The euro is now at a five-year low against the dollar with fears over the growth outlook for the eurozone as the impacts of Russia’s war begin to spill over.

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The West forced Russia to protect the Dombas after eight years of Ukrainian artillery shelling of their own people. The West wanted and still wants a proxy war with Russia. Except this is not a proxy war in the true sense since one of the principals is directly in the war. The West at the direction of the United States imposed sanctions on Russia to cripple their economy. Or did they precipitate this war in order to start WWIII and usher in the Great Reset?

What I know is that Russia’s economy is stronger now and Europe is experiencing massive energy shortages that has impacted energy prices around the world. I am not forgetting that the puppet Biden had already escalated the price of gasoline and food prior to the war.

Just as Congress quickly selected a false pResident and condemned protesters to political purgatory without any rights, they now en masse condemn Russia for invading Ukraine. This is an excuse to illegally send advisors, soldiers, financial aid and military equipment to Ukraine. Whether the Big Guy gets his 10% (or more), the end result is the same: our national security is weakened. Raytheon cannot quickly replace the equipment due to “shortages”, our southern border is a free breakfast buffet and our economy is in the toilet.

Putin is laughing all the way to the bank as he watches the West collapse economically. The price and availability of energy and food is apparent around the world except in Russia. I do not doubt that Putin will go nuclear if this war escalates further. And that may be what the globalists actually want. Do not forget: they want us dead.

David DeGerolamo

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