Interesting. Fracking is driving down the world's oil prices. Great for the US economy. Bad for the Russian economy, as Russia is the world's largest energy exporter. Their economy depends heavily on their natural gas, oil, and coal exports. So the Russian government lets the ruble slide, the oil companies make windfall profits selling overseas. The Russian consumer pays way more for foreign goods and for gas, but f--k the peasants anyway, right? Russia is run by...
12/16/14 at 10:09pm
- Almost Rock Solid