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Bob
news.com.au
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Comments by "Bob" (@bobs_toys) on "Russia’s economy collapsing as companies boycott" video.
@gregorboca90 given that's the only thing that seems to matter, my guess is yes. No other part of an economy is relevant. As long as petrol is cheap, everything is sunshine and roses.
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@KazeHorse useful if their only goal is basic subsistence survival
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@KazeHorse >>at worst case scenario it is. In Putins deluded mind anyway.<< It wouldn't surprise me. There's a lot of crazy coming from the East at the moment. I'd left Hong Kong last year because of it.
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@KazeHorse >>Re stock market I don’t think Putin cares about that for now unfortunately - yes it will crash but this isn’t America where the entire economy is pinned on the stock market.<< People's retirement funds and savings would be in the stock market. If those crash, they'll feel poor. If they feel poor, they'll act poor and start saving for a rainy day. If they do that, they'll stop buying stuff, if they stop buying stuff, there's more economic slowdown, more people losing jobs or having their jobs at risk, more people saving for a rainy day that looks like it's coming very soon, more stopping of buying stuff, more economic slowdown and so on and so on.
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Those whose governments look like they're about to invade other countries will
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