Quote Originally Posted by Crocodile View Post
Have you had a chance to notice the other consequence of the less oil export - less taxes to the Russian Government?
How much of that really works for the people? Russian people will live badly, but not for long, remember?


Quote Originally Posted by Crocodile View Post
You're saying you won't be able to close balances with other freely converted currency or the currency of the importer country exchanged as per the current market price?
I would, but the current realities are - there is no alternative reserve currency.