Don't look now, but Russia is in trouble. A second Cold War on the way?

[m1a1mg]

The ruble is in a huge decline, almost 50% against the dollar this year. Putin is spending trillions on arms. The Russians are still playing in the Ukraine. Inflation in Russia is at 10%.

 

[poppy]

Do republicans still love and admire him?

 

[steel1man]

Oil under $56 US per barrel.

 

[m1a1mg]

That oil price may be a double edged sword. It's going to hurt Europe as well.

 

[steel1man]

Seems like just two weeks ago DOW touching 18,000 now 17,180 trend down

 

[Matt J]

If only we could get Obama out of office this could all turn around!

*insert how none of this is Obama's doing below*

Hint: Maybe credit a do nothing congress, especially the house.

 

[m1a1mg]

The Russian central bank raised interest rates to 17%!! Keep watching. There are a few cracks in the facade that is the EU economy. Things could be getting interesting again.

 

[carson]

The Russian central bank raised interest rates to 17%!! Keep watching. There are a few cracks in the facade that is the EU economy. Things could be getting interesting again.

So the ruble is rubble?

 

[Matt J]

I predict the Russian people will be ousting their president.

 

[m1a1mg]

I predict the Russian people will be ousting their president.

Which should scare you. Does anyone think he will quietly?