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Russia's currency collapses to lowest level ever
money.cnn.com ^ | January 20, 2016 | Ivana Kottasova

Posted on 01/21/2016 5:12:47 AM PST by Berlin_Freeper

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To: Justa

“It’d be a good time to vacation in Russia, well, in the spring” You buying the tickets?


21 posted on 01/21/2016 6:21:28 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: Buckeye McFrog

What, you gonna beg some Russian babe to marry you in order to escape from this Obama economy?

No, I have a super Polish-American one now. I do think its funny that the Chinese signed a deal to buy Russian oil in Rubles so they are enjoying the bargain oil. Russians, not much.


22 posted on 01/21/2016 6:43:07 AM PST by doosee (Captain, we are approaching a new level of Hell.)
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To: Lurkina.n.Learnin
I'm confused. They say the strong dollar is hurting us. Shouldn't they be booming?”

The cheap ruble is an effect, not a cause, of the oil-glut-induced decline in the Russian economy. The Russian economy is heavily dependent on exports of the products of its extractive industries, especially oil and natural gas.

23 posted on 01/21/2016 6:57:01 AM PST by riverdawg
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To: Berlin_Freeper

Coffee and good news this morning.


24 posted on 01/21/2016 7:09:24 AM PST by armydawg505
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To: hawkaw

Because the good times are gonna keep rollin’ forever.....

Yeah, right.

/sarc

You, my friend, need to start reading the Book, just like Johnny sings about in this here song.....

Johnny Cash - Goin’ By The Book

https://www.youtube.com/watch?v=VEyujOSEexM


25 posted on 01/21/2016 7:32:45 AM PST by fishtank (The denial of original sin is the root of liberalism.)
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To: Berlin_Freeper

Cheap AK-47s? Stamped or milled?


26 posted on 01/21/2016 7:33:58 AM PST by DungeonMaster
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To: DungeonMaster

You should be able to buy an Ak-47 for $29.95.


27 posted on 01/21/2016 7:35:52 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
You should be able to buy an Ak-47 for $29.95.

That'd be nifty, how about adding 1000 rounds for $10?

28 posted on 01/21/2016 7:36:44 AM PST by DungeonMaster
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To: Berlin_Freeper

IMO the key indicator is Russian hard currency reserves. I have read reports that those will run out in late 2016 at the current rate of decline. I have no means of evaluating the credibility of those reports.


29 posted on 01/21/2016 7:54:19 AM PST by Thud
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To: Berlin_Freeper; All
It dropped 4% to 82 rubles per U.S. dollar

83.6770

30 posted on 01/21/2016 8:13:06 AM PST by Berlin_Freeper
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To: Berlin_Freeper; All

(Some author attempting to equate ‘Babylon’ in Bible as the United States basically said this would happen in 2016...leading to Putin becoming ultra-desperate & knocking out the U.S. grid w/some sort of device set off in the air above the U.S. ... )


31 posted on 01/21/2016 9:14:00 AM PST by Colofornian
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