Quote Originally Posted by OUTLAW 09 View Post
AND the Russian economy just keeps on going South---and a 20M USD per day for their military costs in the Ukraine---now becomes the question Ukraine or my own economy which is more important?

This is the spiral death dance that I wrote about three months ago here in SWJ---Putin now has a serious decision to make--can he "win militarily in the Ukraine" but afford to completely crash his own economy and turn the Russian population against his moves?

Or does he take an face saving off ramp and save himself---he may in fact go for the military option.


Holy smokes. Brent down 41% now since June. WTI plunges below another threshold, in the $60s.

#Rouble hits new record low of 48.36 per USD after Opec decision. Down more than 3% in two hours

#BREAKING: BRENT CRUDE FALLS MORE THAN $6 TO $71.25 A BARREL #oil #OPEC This means that #Nigeria and #Angola are in trouble

#Russia Ruble in free fall after Opec leaves #Oil production unchg. pic.twitter.com/NJtTRrBc9T