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The Death Spiral 

The Russian Economy is Collapsing

December 2, 2014March 17, 2016 daniel ABX, Currency Trading, Forex, GG, Gold, Gold Standard, Mr. Money Mustache, Pussy Riot, Putin’s Gold Standard, Vladimir Putin

The major reason for the ruble collapse is falling oil prices; economists surveyed by Bloomberg believe that there is now a 75% chance of recession in Russian next year. The currency situation indicates that it has already begun.

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