Sunday, December 13, 2015

Originally shared by Pete McGowan

Originally shared by Pete McGowan

Even Bloomberg Financial News can see that President Obama's refusal to send ground troops to Syria isn't that bad of a plan.  President Putin apparently didn't learn anything from the Russian quagmire in Afghanistan, and is rapidly burning through Russia's now small checkbook.  The Ruble is now breaking through its 2014 lows, which was already essentially at the bottom of a cliff.   The Ruble has lost half its value since 2014.
http://www.xe.com/currencycharts/?from=RUB&to=USD&view=5Y
http://www.bloomberg.com/news/articles/2015-12-09/putin-proves-obama-prescient-on-syria-as-russia-faces-quagmire-ihzauuvr

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