Psyberius said:
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? |
By the way it was supposed to say massive downfall in oil prices.
Just imagine this:
Russia has 1 trillion DOLLARS in forex reserves. Before the oil price collapse, that would've been 33 trillion rouble, now it's ~66 trillion rouble. Then they exchange the dollar to roubles. Now, if this is all a conspiracy from Russia, they could raise the oil price, thus bringing the rouble up as well. So when Russia exchanges the roubles back to dollars, the exchange rate will have gone back to normal and Russia will all of a sudden have 2 trillion DOLLARS. So they've doubled their amount of cash. The temporaey economic setback was probably worth it.
BTW, this is a self made conspiracy theory xD
