So Russia is a bit screwed then

So Russia is a bit screwed then

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Chim

Original Poster:

7,259 posts

178 months

Monday 24th November 2014
quotequote all
Looks like the yanks are winning at poker with Russia, 100 Billion a year down on oil revenues due to the Americans ensuring that their back pocket buddies in the middle east keep the oil taps on full ensuring that the barrel price stays low. Add to this a further 40 billion in sanctions cost, at this rate Putin will be lucky to be able to afford a Lego submarine let alone a new fleet for the baltic.

http://www.bbc.co.uk/news/business-30174650

"Vladimir Putin has said that Russia could suffer "catastrophic consequences" from sanctions, the falling oil price and the sliding rouble, while claiming they would have knock-on effects for other countries."