The Russian economy is staggering thanks to a collapse of its currency, the ruble. It's certainly bad news for Russia, but it could have big ramifications for the rest of the world.
The value of the ruble has dropped nearly 20% since Monday, a figure unmatched since the country's economic crisis in 1998.
+ Bloomberg News: "The foundations on which Vladimir Putin built his 15 years in charge of Russia are giving way."
+ The collapse of Russia's currency may actually force Putin to acquiesce on geopolitical issues from Syria to Ukraine.
The value of the ruble has dropped nearly 20% since Monday, a figure unmatched since the country's economic crisis in 1998.
+ Bloomberg News: "The foundations on which Vladimir Putin built his 15 years in charge of Russia are giving way."
+ The collapse of Russia's currency may actually force Putin to acquiesce on geopolitical issues from Syria to Ukraine.
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