Ruble's Plunge Is Expected to Drive Surge in Russian Inflation
2 days ago — The ruble was quoted at 110 to 120 per dollar by Russian banks on Sunday. It had traded at 75 before Russia's invasion
Evening Chippers,
Great work with all the dots everyone.
After consuming vast amounts of amber liquid this afternoon a couple of things kept going through my mind.
1, Roughly 65 individuals employed by to company to date...
65 employees
X 8 hours per day.
= 520 hours per day globally.
X 5 days per week
= 2, 500 hrs per week
X 50 weeks per year
130,000 man , woman hours per year .
THERE MUST BE A SHIP LOAD GOING ON.
And I think , from memory, Rob T .
Said they belive / NEED to have around 100 employees in their engage by years end to deal with every thing which is happening.
That's a heck of a lot of man / woman hours hours.
2, Russia has peen cut off from SWIFT.
This is the first time ever, in my life I have ever seen SWIFT mentioned in main stream media.
SWIFT.
Society for
Worldwide
Interbank
Financial
Telecommunications.
This is massive, SWIFT transact something in the order of $5 TRILLION DOLLARS PRE DAILY worldwide.
* I would very much like BRN to have a relationship with this bunch of charecters.
Not that such an engagement would ever be divulged to the market.
Thoughts go out to Ukraine.
Regards,
Esq.