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RE: How to explain war to children

Hi @natulya21

Such a difficult past few years. Pandemic, lockdowns and now war. For so many people out there (Especially ukrainians) it must be a real nightmare.

I was wondering if you have any view on futute of Russia financial system (especially from the perpective or regular people) after interest rates has been hiked to 20%?

I can hardly imagine being able to pay any loans or morgage in similar situation. Especially while knowing, that all imported items will cost so much more since value of Rubel dropped so badly.

Any thoughts you like to share?

Cheers, Piotr

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 2 years ago 

Well I'm in kazakhstan now, and even here the local currency dropped badly, I can say that here is not the first time, so we actually can handle a bit with this situation. One solution, for whom can afford and is smart enough is to change the savings money into foreign currency to protect them or, recently, into cryptocurrency, mainly BTC even if there are no official exchanges that accepts tenge, but in a way or another it is possible to change them

Somehow I've missed your reply @natulya21

I would like to say "thank you" for responding to my previous comment.

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