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To: RegulatorCountry
Is Russia a net importer or a net exporter? That tells the tale. If they’re a net exporter this is actually beneficial to their economy.

Oh they have a huge trade surplus because exports are what their entire economy is based on. It isn't beneficial to their economy, it's necessary, because US and European sanctions are making Russian exports more expensive and debasing their currency is their only way of staying competitive.

63 posted on 10/07/2014 8:57:04 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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To: Alter Kaker

Beneficial in the sense that a falling Ruble is helpful rather than harmful to their economy, then?


64 posted on 10/07/2014 9:03:29 AM PDT by RegulatorCountry
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