Folks, oil has taken a massive hit. Russia relies on oil exports. Roberts doesn’t seem to grasp the significance of this.
If you as a person or your nation as an entity loses over a third of your income for your leading commodity, you’re going to have problems.
This has caused the Ruble to experience downward pressure.
Further, sanctions of the West over Putin’s invasion of a neighbor nation may not be heaven sent, but they are rational. They are measures short of military action, and get the point across that treachery is not without it’s pitfalls.
Roberts raising the ‘Act of War’ specter here, is unforgivable. Moron...
Worst PCR article that I can recall .