Russia Defends Ruble With Biggest Rate Rise Since 1998

Russia Defends Ruble With Biggest Rate Rise Since 1998. Meet Vladimir “Jimmy Carter” Putin.

CO2Insanity: Tired of the CO2 BS and all the other BS in the US and the world.

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      • Funny thing is now that QE is finally over and oil prices are collapsing, the dollar is getting stronger as petro economies like Russia freak out. For now I like it but it could get very destabilizing if the price continues to fall. I can't remember when it last was $1.24 to the Euro. Of course, our exports get more expensive now but that is still better than the intentional weakening we have seen, IMO.