The Russian economy (catch all)

[OUTLAW 09]

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

[OUTLAW 09]

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

[OUTLAW 09]

Perfect example of the Russian "altered state of reality".

Seriously---since OPEC did not follow exactly what Russia wanted them to do they are being "investigated"?

#Russian investigative committee opened criminal case on all members of #OPEC. Unfortunately this is no joke.

[OUTLAW 09]

More Sechin: "#Rosneft is flexible and has resources; $60 suits us fine. Of course, we will be forced to postpone some expensive projects"

Sechin predicts #oil price fall below $60 in first half of 2015:
"We anticipate a possibility of a fall in prices to $60 and lower

[OUTLAW 09]

Seriously! Did the Crude Oil (Brent) really drop to $72.58 -$5.17 -6.65% today? That is unprecedented!

pic.twitter.com/l7HPqH0lTg

[OUTLAW 09]

I often in the last several months indicated that the oil price would break towards 60 and it is breaking towards 60 and some oil analysts are saying if 60is broken then 50 is the bottom.

A few months ago I remember reading an article about the mythical oil 75. Now the Brent is at 71.62!

pic.twitter.com/KLFo0AwZMq

[OUTLAW 09]

Brent breaks to 69 USD.

#Putin says world to collapse with $80 oil. Then says oil will not fall below $75, today WTI oil at $69, Rosneft ask Putin to stop talking.

1 USD= 49.99 RUBLE. The markets are punishing Russia far more than any meek Western government. Putin is squirming. pic.twitter.com/QFFIvgFhHc""

And the ruble just continues it's free fall--at almost 62 per Euro

#Russia'n national currency continues it's descent. And it still doesn't look like full scale panic is here.
pic.twitter.com/RhbRfhBdBt