2016-01-04 12:05:47 UTC
On the Russian-Putin front: not sure how my hero, Donald "the Orangutan" J Trump's friend Mr. Putin's gonna handle the steady and seemingly irrevocable decline of the Russian Ruble...
Back in 2012-13, if you had about 30 Rubles, that's ONE DOLLAR... today, 2016, you have to have close to 75 Rubles for ONE DOLLAR in exchange... that must hurt! Especially if your leader, Mr. Putin's federal budget used to get a huge chunk from crude oil that used to sell $110 to as high as $125 or so per barrel but is now only fetching $35 to $40 per barrel...
No wonder Mr. Putin came out and say the USA and its pals, the Saudis, are the greatest threats to world peace!
Mr. Putin didn't want to tell us that Saudi Arabia's budget is more or less 100% oil-revenue-based, so when oil makes that kind of precipitous drop, Saudi Arabia hurts more than Russia...