I pity them somewhat. They will be universally shunned and distrusted by everyone for the actions of their mad leader, even if they despise him as much as we do.
>”If the ruble settles at more than 130-140 rubles per dollar, it could lead to this,” he continued.
It’s already below 100 and slowly falling. So either Russian central bank is spending their reserves at crazy rate or the effectiveness of sanctions has been vastly overestimated.
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I pity them somewhat. They will be universally shunned and distrusted by everyone for the actions of their mad leader, even if they despise him as much as we do.
>”If the ruble settles at more than 130-140 rubles per dollar, it could lead to this,” he continued.
It’s already below 100 and slowly falling. So either Russian central bank is spending their reserves at crazy rate or the effectiveness of sanctions has been vastly overestimated.