![Quote](images/misc/quote_icon.png)
Originally Posted by
OUTLAW 09
With the de facto devaluing of the ruble current inflation rate is running about 41%.
Putin has about one week left tot make a critical decision as he cannot stop this spiral dance of fiscal death--go for a military victory in eastern Ukraine--- and risk even more sanctions or focus on his own economy?
No relief: Ruble takes another step down, to 53.17/$ and 66.28/euro
Ruble is following the exact drop rate as the price of oil---
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