Summing up Russia

I do not have the knowledge to understand all the nuances of what is happening to the ruble, but this sums things up quite nicely.

In one word, DANGER

Medvedev declares: more of the same

Medvedev has just called a government meeting with most of the directors of top Russian corporations and the director of the Russian Central Bank.  He immediately announced that he will not introduce any harsh regulatory measures and that he will let the market forces correct the situation.  As for the former Minister of Finance, the one so much beloved in the West, Alexei Kudrin, he expressed his full support for the latest increase in interest rates.

The Atlantic Integrationist 5th column is clearly on a full-scale offensive.  This is far more dangerous than anything the US, NATO or the EU are doing.

The Saker

http://vineyardsaker.blogspot.co.nz/2014/12/medvedev-declares-more-of-same.html