Author: Revolutionar

Russian ruble at record low   [Copy link] 中文

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Post time 2014-12-11 16:22:16 |Display all floors
The free fall of Russia's ruble has to do with the global collapse of oil prices not with the Western embargo. Countries exporting oil such as Venezuela, Brazil, etc. are also seeing their currencies decline rapidly. If anything, it was Saudi Arabia's decision not to cut oil production -- ostensibly to kill the shale oil industry in the U.S.A. -- that triggered the collapse which happened only in the last few weeks.

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Post time 2014-12-12 13:03:45 |Display all floors
sfphoto Post time: 2014-12-11 16:22
The free fall of Russia's ruble has to do with the global collapse of oil prices not with the Wester ...

rubbish

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Post time 2014-12-12 17:00:34 |Display all floors
sfphoto Post time: 2014-12-11 16:22
The free fall of Russia's ruble has to do with the global collapse of oil prices not with the Wester ...

AND that's why the USD is equal to 75 cent of the Euro.

I doubt if you recall the USD/EUR rate at the early days.

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Post time 2014-12-12 22:23:05 |Display all floors
emanreus Post time: 2014-12-11 15:35
YOU have to be the smartest lad on earth.

His IQ is definitely in double figures.....
The world needs more idiots like me, all the others think they are clever.

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Post time 2014-12-12 22:26:28 |Display all floors
Strange how a drop in any Western currency is touted as an export advantage by the MSM. But when it comes to the rouble..... it is always a sign of a doomed economy.
The world needs more idiots like me, all the others think they are clever.

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Post time 2014-12-13 01:56:52 |Display all floors
This post was edited by Paul_Ket at 2014-12-13 01:57
TheHermit Post time: 2014-12-12 22:26
Strange how a drop in any Western currency is touted as an export advantage by the MSM. But when it  ...

Standard Russland small and medium-Sized Companie net profit is about 40-50% (include tax avoid)
Now it will be 20-25%. What's problem?
EU can only dream about this net profit.

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Post time 2014-12-13 02:13:40 |Display all floors
Paul_Ket Post time: 2014-12-13 01:56
Standard Russland small and medium-Sized Companie net profit is about 40-50% (include tax avoid)
No ...

Those are extremely high profit margins... the government should do something about that.
The world needs more idiots like me, all the others think they are clever.

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