Either CNN is acting their role as useful idiot or they really are just idiots.
The problem most westerners have when looking at the ruble’s value declining is that they only see the decline in dollars. Completely brainwashed, or just hardwired arrogance?
The Russians do not need the US or their client states.
The arrogant US government is building the alliance of willing nations looking to abandon the US dollar and the military terrorism that goes with it.
Hard to believe that a bunch of nerdy numbers kids with calculators on their hip and pocket protectors could morph into such diabolical sociopaths pushing Russia into some sort of showdown.
Will they take it right to the line. Nukes ready to fire.
First of all, Saudi Arabia is causing Russia's meltdown, not some lame "sanctions." Second: the devaluation of the ruble isn't in comparison to US dollars. It's in comparison to everything: dollars, Euros, yuan, gold; and more importantly, durable goods that Russians want to buy, Russian wages, and energy exploration and transportation equipment. Third: military terrorism? I think you're on the wrong forum. Go over to DU or MoveOn, or some other Lefty website where you belong.
military terrorism? what the hell does this statement mean?
Some of Putin's problems have to do with countries not wishing to do business with an expansionist tyrant. To say those countries' policies are "diabolical and sociopathic" is nonsense. To say that countries shouldn't exercise their right to freely un-associate themselves monetarily from Putin because of the fear that Putin will do something rash is appeasement.
Beyond all that most of Putin's problems have to do with declining oil prices brought about by the US shale boom. Obama has nothing to do with the US shale boom.
And I would add, nobody uses calculators and protractors anymore. It's been decades since they have.
Beyond all that....good post. LOL.
Except you are wrong about the dollar; it’s been getting stronger. The fall in oil prices will hurt some of our producers, but the US consumer will have more disposable income, too.