Posted on 01/22/2016 8:53:51 AM PST by Roman_War_Criminal
Stuck in a recession and with no sign of a reprieve in the oil price, Russia could quickly descend into chaos if the money runs out, William Browder, a well-known critic of the Kremlin and chief executive of Hermitage Capital, told CNBC.
"I don't think you can underestimate how bad the situation in Russia is right now, you've got oil below any measure where the budget can survive and you've got sanctions from the West. Russia is in what I'd call a real serious economic crisis," he said on Thursday.
Speaking to CNBC in Davos where global business and political leaders are attending the World Economic Forum (WEF), Browder said the central bank of Russia was "running out of money."
(Excerpt) Read more at cnbc.com ...
Which means Putin’s gonna invade someplace..
We don’t need no stinking Russia to help ruin the dollar. We’ll do it all by ourselves!
almost sarcasm.
Kind of sounds like the US at this point in time.
The russians aren’t the only ones that the saudis are targeting.
Little ironic.
“The russians aren’t the only ones that the saudis are targeting.’
We can only hope SA goes under first. The article falls to mention tha SA is in deep financial trouble as well.After all the pain they’ve inflicted on the world, I hope they all go under!
The Russians have been through MUCH worse. Russians know what they have, and they know where they stand.
CNBC talking heads offering us a “collapse” of Russia - yeah right.
We should have dissolved Ryadh, Medina and Mecca in a deluge of nuclear fire the day after 9/11.
It’ll stop when when OPEC quits calling the shots, and dictating the prices.
Things are starting to remind me of the beginning of Clancy’s Red Storm Rising.
“I don’t think you can underestimate how bad the situation in Russia is right now”
Actually, I think you could. I also think you mean “overestimate.”
Seems to me that is already the case.
He can have Turkey.
I could easily see some Russian Spetnaz op that would instantaneously cut Saudi oil production by 2-3 million bbls/day - that’d raise the price of oil quite a bit. Same could be done in Kuwait, any of the other Gulf states, or anywhere else (though, of course, the big bang for the buck/rouble would be in the KSA).
If they go tits up, or really start to hurt financially, then funded for mosques world-wide will be cut by a bunch...which would be the best result.
“If they go tits up, or really start to hurt financially, then funded for mosques world-wide will be cut by a bunch...which would be the best result.”
Yes, that certainly would be a plus. Also, since SA and the Booshes have been “butt buddies” for so long, we can now see how the Booshes have actually subborned the islamization of our country in their quest for making an oil buck for themselves and their cronies. Trump’s candidacy has smoked out a lot of stuff we all should have seen for what it was years ago.
C’mon guys and gals. Put on your thinking caps.
What does Putin need to do to make Russia “more profitable” in regards to its oil/energy exports?
He needs to destabilize the Mideast. So he provides Iran with nukes and weapons in order to go to war against the Sunnis. He also gets to be on the ground to determine who is going to survive the Assad regime.
In other words he can basically set the price of oil by creating chaos in Saudi Arabia and the UAE. He can strangle Europe with invading muslims by making MORE refugees and turning off the pipelines to the EU.
The ones that should be very worried are the Turks for pissing him off, buying oil from ISIS and in order to secure warm water access.....and that little bit of land Kaliningrad Oblast where he can go through Belarus and Lithuania in order to “protect” Russian citizens from the “threat” of NATO in Poland.
Yep, our community organizer in chief really played this hand like a chump.
All they have to do is confiscate the billions former Soviet Union top dogs took for themselves after the breakup. I’m sure Putin has a billion or ten hidden somewhere as well.
I’m starting to wonder if some of the recent stock-market declines can be attributed to the apparent need of the KSA to liquidate assets to cover their budget deficits, which are driven by low oil prices.
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