PPRuNe Forums - View Single Post - Oh Dear, where will Gordon get the money from...
Old 17th Mar 2009, 11:50
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ORAC
Ecce Homo! Loquitur...
 
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All talk, they haven't got the money.

The Russians built up a cash pile when oil was above $100 a barrel, they break even at about $60, now they're in real trouble. They've used up over half the reserves trying to stop the Rouble slipping.

If they build anything it will be the army/internal forces to prevent another revolution.

For a good background to their current situation read the posts at this site:

The Streetwise Professor.

e.g.:

Whither–or is it Wither–the Oligarchs?

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