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Posts : 18397
Join date : 2015-05-20
Location : United States

Finance showed "the path of self-destruction" of the Russian economy

on Sat Aug 22, 2015 5:43 pm
Russian financier and blogger Slava Rabinovich says that the situation in the Russian economy is becoming more critical.

About this he wrote in his Facebook
"Observer" brings his opinion completely:

"A bit of simple statistics.

12 months ago, I wrote that, thanks to the economic, military, international and geopolitical Putin's crimes, we have embarked on the path of self-destruction.

12 months ago, the dollar was 30 rubles. He is now 70.

Over the past 30 days, the ruble lost 20%.

Since the beginning of 2014 the RTS index has lost almost 50%.

Unfortunately, my predictions have come true. And they continue to come true."

As reported by the "Observer", in Russia 21 August the dollar rose above 68 rubles for the first time since February 5. The fall of the Russian currency is accompanied by a significant drop in world oil prices. In Russian
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