Russia's economy headed down the toilet?

[norseamd]

http://viableopposition.blogspot.ca/2014/12/russias-perfect-debt-storm.html

 

[norseamd]

http://webcache.googleusercontent.c...sneft-obama-kerry/+&cd=11&hl=en&ct=clnk&gl=us

 

[Puppies04]

On the streets of Moscow yesterday, there was no sign of panic, there were no queues outside banks.

Who goes to a bank to transfer money? Most people will use the internet and anyone with any serious money in Russia already has it hidden away in other countries because of situations exactly like this.

 

[dud]

Newest BBC take on the "meltdown:

"Russia's fast track to ruin"

http://www.bbc.com/news/business-30491170

 

[TheSlamma]

This is what happens when a 3rd world country tries to make 1st world moves in the world. Good job Putin, glad your popularity is so high amongst your zealots.

Go Pussyriot!

 

[Train]

Heard on NPR that Russians are buying cars, TVs, computers, etc. like crazy to avoid holding cash.

 

[z1ggy]

Yeah, is it true their currency value dropped like insane amounts recently? I hear you could be electronics and stuff from Russia right now using USD for very cheap.

 

[polarmystery]

This seems appropriate:

https://www.youtube.com/watch?v=NyiEaSzpdMk

 

[alien42]

Yeah, is it true their currency value dropped like insane amounts recently?

yeah, you could say that...

http://www.bloomberg.com/quote/RUBUSD:CUR/chart
http://www.xe.com/currencycharts/?from=RUB&to=USD&view=1Y