Russian Economy
The Russian Economy also takes a down slide. Check the link below.
Source 1
17 %! I am not an economist or anything, but that can't be good.
Well of course, the Russians forget that we live in a global economy, not only an OPEC economy. Now let's see if they have all that surplus cash to invest in bomber patrols (Discussed in another Thread).
International Level: International Guru / Political Participation: 3231 100%
Honestly I didn't expect oil to go under 120$ a barrel much less under a 100. I just hope the sleeping bear goes back to hibernation and it doesn't decide to go ballistic with it's economy in ruins.
Rather off topic, but... The Russians have more equipment and weapons than we could ever imagine them having. And they still have the gas to fuel them. |
Putin rules out nationalization of Russian economy:
"I would like to stress that imposing state controls on Russia's economy is not, cannot be, and will not be our task. Increasing the state's presence in the economy is a forced measure and is temporary," Vladimir Putin told an economic conference.
Ref. Source 8