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Started By
Message
Russian economy doomed?
Posted on 12/16/14 at 6:30 am
Posted on 12/16/14 at 6:30 am
Pop.....kern
Russian crisis LIVE
quote:
We're there. One euro cent is equal to one rouble. And one dollar will now get you 80 roubles.
quote:
Russia's central bank makes shock move just days after raising rates to 10.5pc, after rouble crashes 13pc against the dollar
Russia’s central bank has hiked the country’s benchmark interest rate to 17pc, just days after raising it to 10.5pc, in a bid to stop a full-blown currency crisis.
Russian crisis LIVE
This post was edited on 12/16/14 at 6:33 am
4
Posted on 12/16/14 at 6:36 am to LSU Fan SLU Grad
This makes me very nervous. Destabilizing the country that possesses half the world's nuclear arsenal is a dangerous game.
Posted on 12/16/14 at 6:43 am to Layabout
quote:Worked alright with the USSR.
This makes me very nervous. Destabilizing the country that possesses half the world's nuclear arsenal is a dangerous game.
Posted on 12/16/14 at 7:12 am to Layabout
We are not destabilizing it, the Russians (well, their leaders anyway) themselves are.
Posted on 12/16/14 at 7:16 am to Hog on the Hill
Barely, I worked with the nonprofliferation team at Los Alamos for a while and you would be amazed at how many close calls there were. Probably the only thing that kept nukes out of the hands of terrorist and rogue states was our policy of paying a huge sum of money to the Russian for those nukes..
Posted on 12/16/14 at 7:22 am to Eurocat
quote:Actually, the Saudis are playing a big role.
We are not destabilizing it, the Russians (well, their leaders anyway) themselves are.
Posted on 12/16/14 at 8:00 am to ShortyRob
Buying a homeland for the Muslims?
Posted on 12/16/14 at 8:12 am to LSU Fan SLU Grad
Caption: "The Central Bank (of Russia) frees the ruble."
Posted on 12/16/14 at 8:14 am to LSU Fan SLU Grad
I thought Bad Vlad P was the greatest thing since sliced bread.
Surely his recent incursions didn't backfire. He shite on Obama's head!
Surely his recent incursions didn't backfire. He shite on Obama's head!
Posted on 12/16/14 at 8:23 am to ShortyRob
quote:
Actually, the Saudis are playing a big role.
And not because they are trying to jam Russia, but because they want poorly leveraged fracking in the US out of business.
So, in essence, private business through shale oil in America has destabilized Putin's government, once again proving that a free market is far more effective a vehicle of change than diplomacy.
Posted on 12/16/14 at 8:24 am to boosiebadazz
quote:
I thought Bad Vlad P was the greatest thing since sliced bread.
Surely his recent incursions didn't backfire. He shite on Obama's head!
I must say I originally thought he played the better hand with Obama. Now it is looking like the Ukraine invasion and helping Syria isn't so smart.
Posted on 12/16/14 at 8:27 am to boosiebadazz
Obama's playing checkers.
Putin's waving his dick at the chessboard.
Unfortunately the size of his dick is directly tied to the price of crude oil.
Putin's waving his dick at the chessboard.
Unfortunately the size of his dick is directly tied to the price of crude oil.
Posted on 12/16/14 at 8:27 am to lsu13lsu
I'm not saying it has anything to do with Obama being a foreign policy savant. It has more to do with the incredible power of the United States' economy and financial markets relative to the rest of the world.
However, that is a big stick to yield, and Obama's Treasury Department did put the clamps on Bad Vlad when he started acting up, so kudos to them for that.
However, that is a big stick to yield, and Obama's Treasury Department did put the clamps on Bad Vlad when he started acting up, so kudos to them for that.
Posted on 12/16/14 at 8:27 am to lsu13lsu
quote:
I must say I originally thought he played the better hand with Obama. Now it is looking like the Ukraine invasion and helping Syria isn't so smart.
Most on this board thought he played the better hand. Not so many will be willing to admit they were wrong in their Putin worship. Kudos to you for that.
Posted on 12/16/14 at 8:28 am to lsu13lsu
So you're saying we should take a Russian vacay this summer?
What the hookers and blow situation like over there?
What the hookers and blow situation like over there?
Posted on 12/16/14 at 8:29 am to Iosh
To be fair, Russia is also getting hammered by OPEC's decision to keep oil prices low. Kind of a perfect storm situation.
I'd never suggest the big oil majors and the U.S. government put the pressure on the Saudis behind the scenes to drop the price and pseudo-sacrificed U.S. shale in the process.
I'd never suggest the big oil majors and the U.S. government put the pressure on the Saudis behind the scenes to drop the price and pseudo-sacrificed U.S. shale in the process.
This post was edited on 12/16/14 at 8:30 am
Posted on 12/16/14 at 8:29 am to boosiebadazz
Pop kern? Doomed that's why their legislature is the Duma
This post was edited on 12/16/14 at 8:31 am
Posted on 12/16/14 at 8:32 am to boosiebadazz
quote:
I'd never suggest the big oil majors and the U.S. government put the pressure on the Saudis behind the scenes to drop the price and pseudo-sacrificed U.S. shale in the process.
You can't suggest that because Saudi Arabia doesn't care about anything other than protecting their own pocket. This is a long play for them to knock some shale producers out of the market while betting this boom doesn't have a ton of wind under its sails.
I'd put my money on the big oil majors to continue innovating, but this certainly isn't some conspiratorial event to thwart Putin. Exxon would love to keep Putin in office if it meant a better bottom line.
Posted on 12/16/14 at 8:36 am to CollegeFBRules
quote:
You can't suggest that because Saudi Arabia doesn't care about anything other than protecting their own pocket. This is a long play for them to knock some shale producers out of the market while betting this boom doesn't have a ton of wind under its sails.
I know. I just want to pretend there's some super secret high-level chicanery going on.
Posted on 12/16/14 at 8:37 am to boosiebadazz
Earthquake gun.
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