| Teeqoz said: If the massive downfall is a part of Russia's plan. They're bringing the rouble down, but what if they have all their forex reserves in dollars? That means that they can just make the rouble a really weak currency, then they buy twoce as many roubles back from their forex reserves, raise the oil price thus bringing up the rouble, so that they've basically doubled the amount of cash in their forex reserves. Yeah. |
Oh they stock a ton of cash but every person in Russia is paid in roubles. Those people are already wondering why war in Crimea/Ukraine is making it so they can't buy their tea.
You do have to ask yourself if the drop in oil prices right when fossil fuels are needed most is natural or not. We've seen gas go from as high as $1.39 a liter to .91.5 cents a liter in...like three or four months? Also makes you wonder why the hell the prices were that high in the first damn place.
Putin can act like a conceited asshat all he wants however that 80% public opinion is going to drop when people stop drinking the Russian killer koolaide and figure out that Russia is a big hemeroid on the world's ass right now by their own actions. Even people kept in the dark eventually reach for the light.
God with the way we're able to look at Russia, communism died but how much really changed. The central goverment allows certain free market things but holy crap they look like they're so damn close to being like the old Russia.
Frig, do you have any idea what a 7% 1 day interest hike would do in the rest of the world?
