In case of falling oil prices and closed external debt capital - TopicsExpress



          

In case of falling oil prices and closed external debt capital markets three could not be archived together...stable national currency, low inflation and solvency of the banking sector. Kind of CAP theorem for Russia. I bet on high inflation...as the least evil or continued slide of RUB...if Russian leadership allows the banking crisis to unfold..they are basically done. And there are still chances that all three will come together..could be prevented, but the quality of your governance is somewhat questionable...
Posted on: Fri, 19 Dec 2014 23:12:31 +0000

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