Russian Rouble Crashes Over Low Oil Price

I reckon you have a good point there.

It may also explain how popular President Putin is despite the state of the economy; Russia sees itself as surrounded by ‘enemies’ and so looks towards the past, to a time when it had more power and influence.

Very interesting article concerning the crash of the Rouble and the price of oil needed in various countries to balance the books:

http://www.bbc.co.uk/news/business-30492518

Interesting too that Russian state-controlled media has virtually ignored the currency crisis and the effect on the economy; I guess old habits die hard.

I think they still think the way they were taught in the Soviet era – if you don’t publicise it, it doesn’t exist.

Spoil sport!!;)……….