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1 posted on 12/16/2014 1:22:46 PM PST by Tailgunner Joe
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To: Tailgunner Joe

OH BOy the Russians are hitting the Vodka hard after seeing this report LOL!


2 posted on 12/16/2014 1:25:46 PM PST by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: Tailgunner Joe

It’s sabotage ... :-) ...

Saudi Arabia’s oil war against Iran and Russia
http://www.freerepublic.com/focus/f-news/3237849/posts


3 posted on 12/16/2014 1:26:57 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Tailgunner Joe

The Interest Rate hike worked exactly as intended.

The Dollar-based naked Ruble shorts got squeezed out, and the Norwegians got blasted by the collateral damage.

Without an MFGlobal-style market intervention, by cutting off the USD-RUB trade, a LOT of US Traders would have been screwed.

Instead, they sold Krone for Rubles, to cover the shorts.
Note the Ruble “recovery” after the trading halt:
http://www.bloomberg.com/quote/USDRUB:CUR


4 posted on 12/16/2014 1:35:13 PM PST by tcrlaf (They told me it could never happen in America. And then it did....)
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To: Tailgunner Joe
there were reports on Tuesday of Russians scrambling to buy expensive goods like cars and withdrawing their cash from banks to exchange it for dollars.

"The damage has been short-term so far, meaning it hasn't translated into political unrest since people still have jobs, food, electricity," said Matthew Rojansky, a Russia expert at the director of the Wilson Center's Kennan Institute.

But if the economic mess continues for another year, it could translate into large-scale protests. And at that point all bets are off, Rojansky said.

"At that point, Putin will have the same stark choice eventually faced by most authoritarian leaders," he said. "Make major concessions, even step down, or use massive violence against his own people."

6 posted on 12/16/2014 1:36:47 PM PST by Berlin_Freeper
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To: Tailgunner Joe

Hmm, can I get that 17% interest rate without converting my dollars to rubles? Cuz that would be an appealing prospect.


15 posted on 12/16/2014 2:11:52 PM PST by Boogieman
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