Chart of the Day

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Comments

This is from the iPhone story, but it deserves its own post:

How sanctions and oil have affected the rouble

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5 responses to “Chart of the Day”

  1. Sucks to be them, but as somebody else pointed out at the Guardian, in the end, it may well suck for us as well.

  2. Here’s Limbaugh mocking the sanctions:

    Cause Putin’s calling Obama a prankster with his sanctions. Obama’s gonna sanction some individual Russians, so the Russians came and said, “Okay, well, we’ll sanction you!” And they’re mocking him. Now, one thing that you have to admit: They did not laugh at George W. Bush.

    You don’t have to be stupid to be a Republican, but chances are, if you are stupid, you are a Republican.
    Sure, the collapse of the Ruble has as much or more to do with oil…but together…well you see the result.
    Mock away, Fat Rush…meep, meep.

  3. @C. Clavin: There were stories, who knows how credible, that Kerry met with the Saudis and cut a deal for them to maintain production. The price of oil may be a sanction. I just hope we have a plan for the end game.

  4. @gVOR08: And there is no telling what the end game could be. Certainly we hope that there will not a repeat of past actions, where the oil companies used some phony crisis to jack up prices and gouge the people, while the government sat back trying to figure out what to do. Next time the government and people need to be ready to say no.
    The oil “crisis” of ’73: the biggest hoax ever pulled on the American people (Roswell was second)