Could Russia's financial woes cause a global collapse?

Discussion in 'Financial Cents' started by CATO, Dec 17, 2014.

  1. CATO

    CATO Monkey+++

  2. CATO

    CATO Monkey+++

  3. Dunerunner

    Dunerunner Brewery Monkey Moderator

    It didn't last time. Russia is an isolationist country, consuming what it produces. If they go under, they will be all alone except for those parts of central Europe who are dependent on them for natural gas.
    Tully Mars likes this.
  4. stg58

    stg58 Monkey+++ Founding Member

    Apple and other companies have stopped shipping to Russia because the ruble is so unstable.
    Will all of this make Putin desperate?

    President Vladimir Putin, aiming to protect his huge popularity, used his version of the State of the Union address Dec. 4 to blame outside factors for Russia's current economic ills and, defiantly, put down a thinly veiled threat of war. The shock waves from his speech persuaded some observers, including Standard Bank analyst Tim Ash to conclude: “This is old school, Cold War Stuff.”

    Read more: Putin threatens 'new' cold war for Americans | TribLIVE
    Follow us: @triblive on Twitter | triblive on Facebook
  5. Dunerunner

    Dunerunner Brewery Monkey Moderator

    That is the way, Vladi!! Blame someone else!! He has learned something from Obumber!!
    Mountainman likes this.
  6. nkawtg

    nkawtg Monkey

    Global collapse? No.
    Global Thermonuclear War? Yes
  7. Tully Mars

    Tully Mars Metal weldin' monkey

    More like Obummer learned something from Lenin...
    Mountainman and Yard Dart like this.
  8. Tully Mars

    Tully Mars Metal weldin' monkey

    I have said this ever since Putin came to power.
    Putin is a hardcore Soviet whose long term plan is the resurrection of the U.S.S.R. and everything it stood for. He knows the U.S.A. is a paper tiger, as are many of her allies. JMT's
    nathan and stg58 like this.
  9. stg58

    stg58 Monkey+++ Founding Member

    We can rest easy if Putin acts up barry will draw a red line in the sand...[micro]
    Tully Mars likes this.
  10. Yard Dart

    Yard Dart Vigilant Monkey Moderator

  11. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    Could it cause a global financial collapse? Sure as hell could. Civil unrest doesn't respect borders. I can see them exporting that like we export inflation.
    Mountainman likes this.
  12. stg58

    stg58 Monkey+++ Founding Member

    Spend your cash before it is toilet paper.

    People wait in a line to pay for their purchases at the IKEA store on the outskirts of Moscow, Russia, Wednesday, Dec. 17, 2014. The collapse of the national currency triggered a spending spree by Russians desperate to buy cars and home appliances before prices shoot higher. Several car dealership were reported to have suspended sales, unsure how far down the ruble will go, while Apple halted all online sales in Russia. (AP Photo/Pavel Golovkin)


  13. Mindgrinder

    Mindgrinder Karma Pirate Ninja|RIP 12-25-2017

    I'm not so certain of all the hype.
    Russians are not like Americans is so many ways....

    1. They still produce things in Russia, including enough food to feed their population and enough fuel to keep their poorly made vehicles running.

    2. When the USSR fell apart and doctors, teacher etc suddenly stopped getting paid - often for months...THEY KEPT GOING TO WORK. This would never happen here.

    3. In Russia, they still have family values in a sense that is not nearly the same as it is with North American youth.

    4. Work ethic for young Russians has not faltered in the same way as North American youth....they don't have a massive sense of entitlement.

    5. There has not been a war on education in Russia in the same way as North America. Russian University students are FAR better educated than us.

    I'm not happy to say it....but it's the truth as I see it.
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