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To: FredZarguna

Devaluing their currency makes their oil the cheapest on the planet.


64 posted on 12/16/2014 5:02:16 AM PST by 9thLife
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To: 9thLife

And destroys the Russian economy for decades. Russia cannot win a oil price war it is a lose lose end result.

The one thing Russia does have that is economically important is their natural gas exports, but watch Putin screw that too.

As others have expressed this may result in Putin starting a war in the middle east.


69 posted on 12/16/2014 6:14:02 AM PST by free_life (If you ask Jesus to forgive you and to save you, He will.)
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To: 9thLife
Devaluing their currency makes their oil the cheapest on the planet.

Which means that their oil revenue will have the lowest return on the planet. You need to learn something about economics.

72 posted on 12/16/2014 9:32:52 AM PST by FredZarguna (I'm gonna take this counter top, and I'm gonna whop you on that side of your face with it.)
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