Originally Posted By: L_Sludger
Our unconstrained economic warfare against Russia has produced a dramatic fall in the value of their currency over the past few months, causing it to reach about half of its value in just a matter of weeks.
Why does this matter to you, the non-Russian?
The bear is cornered. A cornered bear does no good to anyone.
Buy food, water, and iodine. Put together a shelter-in-place plan. Get a gas generator and keep it shielded where its electronics won't fuse together during an electromagnetic event. If things get out of hand, those who have put a tiny amount of thought into contingency planning will have a huge advantage over those who wait for FEMA to rescue them.
And if nothing happens, at least you've got food, drink and something to power essential appliances the next time a wind storm knocks out the power for a day or week.
Russia's #1 export is oil, to such a large degree that the oil has a direct effect on the Ruble. The idea of the US sanctions playing this big of a roll is a joke. Russia is to Europe as China is to America on a Export/Import scale.
Europe for the most part has very little natrual resources (natural gas, rubber, oil, fossil fuels).
Long story short Europe's part in the sanctions are playing a far, far bigger roll then the US's part.
Ruble=value of oil
Nothing more nothing less.