As oil prices begin falling, the Russian Rouble takes a heavy beating.
In an attempt to prevent outflows of the Rouble, the central bank of
Russia has increased interest rates dramatically up to 17%. This didn't
make a difference and the currency continued to slide. War is breaking
out on the financial battlefield.
If a bank holiday or currency
controls are imposed, Russians will personally witness the chain of
events of which I've been warning about that has occurred countless
times before.
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