Posted on 12/16/2014 3:54:46 AM PST by elhombrelibre
Link only: Bloomberg
http://www.bloomberg.com/news/2014-12-16/ruble-snaps-six-day-loss-on-surprise-rate-increase-to-17-percent.html
The Arabs ( OPEC) are dumping oil on the world market in order to destroy oil exploration and development in North America, in order to maintain the wests strategic dependence on middle eastern oil.
And the Arabs are also hitting Putin hard to destroy Russia’s ability to fund military expansion in the Ukraine and the Baltic.
But you will here no complaints from America, we are able to drive around more now and visit our relatives over Christmas. BNut we should know: “There is a down side.”
Canada’s Tar Sands and pipeline construction cannot function and develope on 50 dollar oil.Obama’s greenies are jumping for joy.
Putin will now get quite ugly and agressive. The arabs won’t be able to put the Russian genie back in its bottle.The whole country will be eating sugar beets and they will not abandon Putin.
China meanwhile, takes over the worldwide lead, now out-producing America.
And China continues to rapidly grow.
Bring back jobs to America.
“This business will get out of control. It will get out of control and we’ll be lucky to live through it.”
When I was in Russia in 2005 I think there were about 11 rubles to the USD.
How, precisely, would we do this?
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