revolt Post time 2014-12-18 22:02:55

Russia is sick, very sick.



who would have thought the Russian ruble becomes a pile of rubbish just because oil price come down to US$ 60?

surely this is possible only because the Russian economy is already fundamentally sick. ....before oil comes down.



zjjhpj Post time 2014-12-19 09:13:17

NO !

Dacarys Post time 2014-12-19 09:21:10

gas and oil is linked to Russia's economic .  

revolt Post time 2014-12-19 09:37:14

This post was edited by revolt at 2014-12-19 09:38

Dacarys Post time: 2014-12-19 09:21 static/image/common/back.gif
gas and oil is linked to Russia's economic .

yes.............gas and oil is linked to Russia economy.

but the extend of the collapse of the ruble is far far beyond what is expected.

Russia came into the crisis with more than US$ 500 billion of reserves.

so....Russia must be very very sick that the ruble can collapse the way it did.

not even the Saudi currency collapse so much.



dusty1 Post time 2014-12-19 09:47:01

Russia was a one trick economy

raton Post time 2014-12-19 09:55:52

revolt Post time 2014-12-19 09:57:34

dusty1 Post time: 2014-12-19 09:47 static/image/common/back.gif
Russia was a one trick economy

when Putin become President.oil was less than US$ 20..........................


the economic miracle of Putin Russia rests on oil going from US$ 20 to US$ 150 by 2008.


with a war chest of more than US$ 500 billion in reserves...............Putin advisers told Putin he can invade Crimea and Ukraine with no consequence....................


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