its quite entertaining to see the empire falling on its face. investigate the edgar cayce predictions made in the thirties in which he foretold these days saying russia would save the world. when you consider all of the crap the empire is responsible for its possible this is what's going on; 

On March 1, French Finance Minister Bruno Le Maire, in an interview to France Info radio, described the Western sanction packages as “extremely effective” measures that would cause “the collapse of the Russian economy”. This has failed – the ruble has recovered, and analysts also expect Moscow’s trade surplus to hit record highs in the coming months.

The West did sanction the country in an unprecedented way, targeting its foreign reserves particularly, and, as response to that, worried citizens rushed to their banks to withdraw cash. The financial system thus seemed to be on the way to its collapse.

Imports fell, as expected, due to logistical disruptions and also due to the regulatory uncertainty that arose as a result of the new sanctions and their relative vagueness. For example, Kazakhstan’s vice-minister of trade and integration, Kairat Torebayev, complained in an interview to EURACTIV on May 13 that “nobody can tell me if Kazakhstan can sell yogurt to Russia”.

Moreover, the sanctions and the expulsion of some of the Russian lenders from the SWIFT network made it harder for firms in Russia to buy goods from the West. Initially, the ruble depreciated dramatically and there was talk of an inevitable default on Russian debts. With its assets frozen, and sanctions preventing its Central Bank from using about half of its $640 billion in foreign reserves (to pay back its creditors), plus rising inflation and capital flight, things certainly were not looking good.

However, at the end of March, the currency began to recover. By mid-April, its value had already reached 1 RUB = 0.013 USD, which was the rate just before Russia’s special military operation in Ukraine.

On April 26, the rouble hit a more than two years high (trading at 76.90 versus the euro) before it stabilized near 77. And, on May 5, it was then reported that the ruble briefly reached its highest level (against the US dollar) since March 2020. It hit a high of 65.31 per dollar.

Finally, on May 20, the ruble reached both its strongest level against the Euro since June 2015 (touching 59.02) and the strongest level against the US dollar since March 2018 (hitting 57.0750).

On May 19, Moscow stated that about half of the 54 Russian gas company Gazprom’s clients have opened accounts at the Gazprombank; analysts have attributed the ruble rally to this fact. The EU after all has allowed its member states to keep purchasing Russian gas without breaching the sanctions they themselves imposed on Moscow – by using rubles for payment.

But it is not just the currency that has recovered........read more..........