Not a ruble is going to hell. The whole country is going to hell, in which, in the near future, a real collapse and division into many independent states, and I hope with the control of the established authorities. After the new sanctions on hydrocarbons adopted yesterday, Russia no longer has a chance. What you are seeing now is agony. You know, like a person in the final stages of cancer - he seems to be alive and breathing, and even speaks and communicates, but - there is no way back, death is ahead, and there is nothing to help. Just waiting for the final...
Yes, I hope we'll see it happening soon. Ruble lost half of its value, if not more, and while it's good news, there's much more going on in terms of both sanctions and major businesses leaving Russia. The collapse of the Russian economy is imminent. As for Russia itself, I guess it depends a lot on the political will of people within various regions, as now is a good time to say goodbye to Russia and declare their independence.And, referring to more recent discussions in the thread, thankfully, Putin is not backed by China. China's not stupid enough to support Russia right now because China's economy is also very dependent on collaboration with Western countries, and China has long been more of a fan of economic interdependencies, not military interventions that destabilize the region and the economy.