Tag: 1998 ruble collapse

Russian Economy Approaching ‘Perfect Storm’ — Oil at $25 a Barrel, Ruble at 125/$1 and Inflation at 30%

August 14, 2015

Staunton, August 14 – Vladislav Zhukovsky, an economist known for predicting disasters in the Russian economy and for then turning out to be right, says that the situation is more dire than almost anyone imagines because oil is heading to US $25 dollars a barrel, the ruble to 125 to the US dollar, and inflation […]