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Russian ruble tumbles

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I was possibly going to take a trip back to Moscow in February.

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2018, and he is talking about possibly running then, if he wins then he will be in power until 2024.

 

Do the people blame Putin or do they blame the West and view Putin as their only hope? I fear it could be the latter.

If any of you are on Twitter and looking for an interesting person to follow as regards a lot of these things, check out Garry Kasparov, @Kasparov63.

 

Yes... that Garry Kasparov. Very influential in Russian opposition politics. Staunchly anti-Putin.

  • Author
Do the people blame Putin or do they blame the West and view Putin as their only hope? I fear it could be the latter.

So far it looks like they are believing the "it's the West fault". And what usually happens that cannot only help the economy, but also get the people's mind off the economy.

  • Author
If any of you are on Twitter and looking for an interesting person to follow as regards a lot of these things' date=' check out Garry Kasparov, @Kasparov63. Yes... that Garry Kasparov. Very influential in Russian opposition politics. Staunchly anti-Putin.[/quote']

Who was the guy in Russia who used to be good fiends with Putin? He used to be a billionaire and owned some newspapers. Then he said a few things against Putin and next thing he knew is he lost his billions and is now just a millionaire.

 

I'm still wondering of the people will come out against Putin, they always tend to have very large protests.

 

But what will it take for Putin to step down, or get pushed out?

Who was the guy in Russia who used to be good fiends with Putin? He used to be a billionaire and owned some newspapers. Then he said a few things against Putin and next thing he knew is he lost his billions and is now just a millionaire.

 

First name that popped into my brain was Prokhorov... then remembered that's the dude that owns the Nets. So... no idea apparently.

Who was the guy in Russia who used to be good fiends with Putin? He used to be a billionaire and owned some newspapers. Then he said a few things against Putin and next thing he knew is he lost his billions and is now just a millionaire.

 

I'm still wondering of the people will come out against Putin, they always tend to have very large protests.

 

But what will it take for Putin to step down, or get pushed out?

 

 

Protests that result in anything are highly unlikely at this point. Putin's people have been hard at work over the course of the last few years silencing the opposition, pushing back against independent news outlets, and intimidating any potential threats. There may be protests, but the media backed by the Russian government will likely portray them as incited by western agents to destabilize Russia.

  • Author
First name that popped into my brain was Prokhorov... then remembered that's the dude that owns the Nets. So... no idea apparently.

 

Alexander Lebedev. He is also a former KGB agent.

  • Author

Also, will Putin shut off the pipelines to Europe this winter? Back in August and September there was concern that he may do it.

Also, will Putin shut off the pipelines to Europe this winter? Back in August and September there was concern that he may do it.

 

At this point, he'd have to find other buyers for the gas. Putin is entrenched and will remain that way so long as the other oligarchs back him. The second their position appears as if it would be better with someone else, they'll start to abandon him.

And if Putin refuses to go the people will rise up in revolt. They will make plans to depose of their despot leader, they will reach for their rifles......

 

 

,,,,oh well, it was an idea....

  • Author

A growing number of the oligarchs have been getting upset at Putin this last year.

$40 a barrel oil sounds great. But it could have global geo-political impacts.

 

http://www.zerohedge.com/news/2015-01-05/jeff-gundlach-if-oil-drops-40-geopolitical-consequences-could-be-terrifying

 

 

Question: The crash in the oil market is already causing jitters in the financial markets around the globe. What is your take on that?

 

 

Gundlach:
Oil is incredibly important right now. If oil falls to around $40 a barrel then I think the yield on ten year treasury note is going to 1%. I hope it does not go to $40 because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be – to put it bluntly – terrifying.

 

I happened to catch 'Shadow Recruit' last night on Netflix. Background story deals with oil prices and pressure on Russia. The movie cites $79 a barrel oil causing a trigger of angst among the super powers. What about half that?

$40 a barrel oil sounds great. But it could have global geo-political impacts.

 

http://www.zerohedge.com/news/2015-01-05/jeff-gundlach-if-oil-drops-40-geopolitical-consequences-could-be-terrifying

 

 

 

 

I happened to catch 'Shadow Recruit' last night on Netflix. Background story deals with oil prices and pressure on Russia. The movie cites $79 a barrel oil causing a trigger of angst among the super powers. What about half that?

 

I could not open the link. Does the article basically state if oil gets too low, there will be political instability in many countries that could possibly lead to war?

 

There have been some wondering if the Russian economy continues to fall, will Russia be able to pay those in its miliary? If that becomes a problem, will we see those people abandon their positions?

I could not open the link. Does the article basically state if oil gets too low, there will be political instability in many countries that could possibly lead to war?

 

There have been some wondering if the Russian economy continues to fall, will Russia be able to pay those in its miliary? If that becomes a problem, will we see those people abandon their positions?

 

Here was punch line (emphasis not added):

 

Large and rapid rises and falls in the price of crude oil have correlated oddly strongly with major geopolitical and economic crisis across the globe. Whether driven by problems for oil exporters or oil importers, the 'difference this time' is that, thanks to central bank largesse, money flows faster than ever and everything is more tightly coupled with that flow.

 

Link should work. Does not require subscription.

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