Quote:
Originally Posted by CyberSEO
The oil price in past year has dropped in 2x times. The same happened to ruble and CBR spent billions trying to stabilizer it w/o any success. what "sanctions" are you talking about?
Try to guess. It's getting more and more funny actually
I feel like an old teacher speaking to a kid. The oil price vs Russian ruble - google for it ;)
Hmm. I don't know should I smile or feel for you right now... Don't you read my posts at all, or my English is too bad for you?
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you can spin it however you want, doesn't matter what the reason is, it could be oil, it could be sanctions, or both, it doesn't matter...
the fact remains that your central bank sold $150B of USD in the past year in order to stabilize RUB... to this day they are pissing away $15B/month trying to desperately keep Russian currency/economy from collapsing...
which you claim they didn't... which is obviously wrong...
there is no reason to believe things will improve any time soon either, so you are about 2 years (or less) from a complete meltdown...