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fromtheuk

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fromtheuk

Re: None

Monday, 03/07/2022 6:19:47 AM

Monday, March 07, 2022 6:19:47 AM

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Further falls in the Ruble today and Moex now not trading until at least Wednesday ( Expecting initial drop to about 400 )

Inflation rising uncontrolled. 20% interest now looking nowhere near enough to control it.

I see no way out for the Russian economy.

Default on March 16th a near certainty. Then final set of downgrades.

At this point Ruble trading at 1000 to the dollar in a few weeks seems entirely possible.

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