Vladimir Putin’s ruble is now worth less than a penny, infuriating his inner circle

alphacyberranger@lemmy.world to World News@lemmy.world – 598 points –
Vladimir Putin’s ruble is now worth less than a penny, infuriating his inner circle
fortune.com
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Shows that the $60 oil cap is working. The Russian central bank will likely raise interest rates to halt the slide. Unless Russia can boost it's exports or reduce it's imports there are no other options. Putin is unlikely to reduce spending on the war so in the end it is ordinary Russians who will bear the brunt of this.

It's what they choose through inaction

I don't think that's fair. Yes, some are supportive of the invasion, some are passively complicit, but those against it are likely afraid to speak up. They have to think about their future and their loved ones. People were being arrested for literally standing and holding a blank sheet of paper in protest, and in Russia I don't think the legal system is quiiiiite as accountable and human-rights-ish as in the US. It's easy (and a bit shitty) for us to judge those not willing to put their life on the line for Truth when we're behind a keyboard and not the ones taking the risk.

What action was the general public supposed to take? Opposing voices have ended up in jail or worse. If you think this can't happen to you in your country then you're very much mistaken!

If the whole country revolts they take over. They are complacent

What's this "whole country" thing...how do you get that to happen? No, I'm seriously asking cause as an American, I wanna know how we can revolt for healthcare and a livable wage. Just takes all of us right? Maybe tomorrow 🤞

In other countries, when things got bad enough, people would revolt all over the country like a wildfire. Basically, people decided to stop showing up at work and start occupying government's buildings so the government can't function. Police will initially show up and arrest people, but after a few days they'll eventually give up because they simply can't arrest all those people. Military may show up, and depending on how tight the relationship between the military and the current government, the military may decide to back the government and start a civil war, or side with the people and strip the current government from power. We had the latter happened in our country so things got resolved pretty fast and the new government successfully set up without prolonged bloodshed (though bloodshed did happen and many innocent lives lost due to clash with the authorities or looters targeting minorities to rob their home during the chaos).

Doesn't Putin and the war have 80% approval rating up until very recently?

Its funny that people like you believe in this bullshit, and then shit on russians for believing in propoganda as if you dont do the same :)

We don't know the real numbers and likely will not be able to know. When one of the answers has the potential to land you in prison, public polls are pretty useless.

However, if you talk to any anti-war Russians, they will tell you that from their observations the majority support the war and the 70-80% figure is in the right ballpark. Explicit support is just too common. A person who doesn't support the war will probably say that he doesn't want to answer the question or discuss the topic. They won't say that they want Ukraine eradicated.

Every population is susceptible to propaganda. But Russia is on a completely different level. For many, when they see something with their own eyes but the TV says the opposite, they believe the TV. And the TV says blatantly and easily verifiably false things. Such blatant propaganda wouldn't work in the West.

Thats because some anti-war people have unrealistic expectations to what they consider support. Not enough to just not like it. Anything less then beaten up by police and lost yout job on protest is not enough. Hell, before Navalny got to prison there were rumours, every now and then, that he is kremlin project to divide opposition, so the barrier to count as antiwar could be even "actively tortured in prison" for some.

When in reality 75% of the population dont give a fuck and wont care both if putin conquers europe or if they are separated from moscow by 4 new country borders.

Yeah I also heard the American banking system is as strong as ever... 👀. Not like they'd actually tell us and risk a bank run!

Ordinary Russians either support the war or have no qualms with it. Maybe if it starts affecting their day to day life, some of them will change their stance.