Hey, thanks a bunch for taking your time to give me a detailed response. Totally appreciate it.

I think we both agree on one thing, which is the economy is definitely in trouble. But the Ruble is not in trouble under current conditions. Those conditions will change and when that happens, it will get into trouble. Just not yet, was my case.

As i suspected, she immediately increased the interest rate. This actually helps the economy at the margins. Since it is the government that is doing most of the funding, they really dont care about business reinvestment. But higher interest rate, does suck some of the money out of the economy, which putin will undoubtedly push it back into the economy once again.

She is doing what she can under the circumstances. But as I wrote at the end, this will be her biggest mistake, because there is nothing she can do to stop the loss of labor. That is where the core problem is. She just accelerated the path for the economy to fall. This was a completely unnecessary move.