Friday, November 7, 2014

The Ruble as it is collapsing and allowed to Float by Russian Government



The Russian Rouble Is Getting Destroyed Again...

Business Insider-Nov 5, 2014
The problem now is that the falling value of the ruble is itself causing ... of a falling rouble feeding fears of an economic collapse, which drive the ...
Who are the Winners and Losers of the Russian Rouble's Collapse?
International Business Times UK-Nov 5, 2014
Rouble rocked, strong US job numbers awaited
Yahoo! Maktoob News-4 hours ago
 
I can't seem to quote more than this. However, if you want to read more about the Collapsing and now free floating Ruble please click on one of the above word buttons.
 
The Russians poured 28 Billion dollars into supporting the Ruble but couldn't afford to bolster it with any more than that. Now, Putin is in trouble politically as everything will begin to cost more and more as the Ruble continues to collapse as oil prices harm the government purse and sanctions bite the Russian Economy from the U.S. And Europe.

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