Interesting FT piece today on the weak rouble but it skirts around the issue:Thanks for reading @tashecon blog! Subscribe for free to receive new posts and support my work. https://www.ft.com/content/2feb14af-bd59-4d22-9731-ab90f73eee93 How about just spelling it out - the rouble is weaker because of Putin’s failed invasion of Ukraine and sanctions. There is some dribble in this article suggesting the weak rouble does not reflect long term fundamentals - of course it does. It’s not as though the long term outlook is any better as long as Putin remains in power and continues his disastrous policies.
Russia - the rouble is weak for LT reasons
Russia - the rouble is weak for LT reasons
Russia - the rouble is weak for LT reasons
Interesting FT piece today on the weak rouble but it skirts around the issue:Thanks for reading @tashecon blog! Subscribe for free to receive new posts and support my work. https://www.ft.com/content/2feb14af-bd59-4d22-9731-ab90f73eee93 How about just spelling it out - the rouble is weaker because of Putin’s failed invasion of Ukraine and sanctions. There is some dribble in this article suggesting the weak rouble does not reflect long term fundamentals - of course it does. It’s not as though the long term outlook is any better as long as Putin remains in power and continues his disastrous policies.