Re:Russia raises key interest rate to 17% amid rouble decline
by dchichkov on Monday December 15, 2014 @07:22PM
(#8755292)
Well, there are similarities. Russia had collapsed the last time the prices on oil were released [1] during a slowdown of economy. And it was pretty scary, considered to be one of the times at which the world had come closest to a world nuclear war [2].
[1] http://en.wikipedia.org/wiki/1980s_oil_glut [2] http://en.wikipedia.org/wiki/Able_Archer_83
Russian folks are full of patriotic ideas right now what I hear from family & friends. But obviously what people in the West don't hear that Ukraine is even in a bigger hole than Russia. Western countries should help out now.