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To: Berlin_Freeper

http://www.bloomberg.com/news/articles/2015-07-22/russia-braces-for-longest-recession-in-decades-with-oil-near-50

8 posted on 07/22/2015 2:05:37 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Sub $50 oil adversely affects Russia’s ability to fund it’s expensive military projects.
Wondering anyone’s take on how low oil affects:
The US dollar as a reserve currency?
The Petri dollar and recent alternate replacements?
The US economy (it’s gotta hurt US oil production revenue)?
What strategic moves might Russia and China make in light of oil going low, and the dollar being strong?
EMP us? ;n)


9 posted on 07/22/2015 2:17:25 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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