blogs.rediff.com/mkbhadrakumar/2014/10/2...-skids-on-oil-slick/
Does he have options..yes! very good ones too! but faux capitalist that he is he may not avail himself of them
one thing he can do for sure is to put Russia's external debt on hold fo as long as the sanctions last. orpart of it depending on who holds that debt.
for example the largest part of that debt is no doubt owned tho those who have implemented the sanctions. don't pay them until the sanctions are removed. and for the duration of the sanctions don't pay a cent of interest for that period when the sanctions are removed.
Russia must keep current only debt owed to its major supporters.
so that 720 billion debt is no problem because they are getting nothing from those nations anyway.
Russia must also race like the wind to make its economy independent of the west...period..absolutely. Russia must cut all ties, extricate itself totally from anything to do with western deb and financial services. Russias money must become free and sovereign and so Russia can depend on itself for its own financing. thats right uses its own money for investment. if you have an independent Ruble what the fcuk you need forrin investment for ::confused:: ::confused::
Putin has been operation with his Oligarchs and their integration with the west in mind. foolhardy that is. how the hell do you intend to fight the west when you integrated with them ::confused::
get out..extricate Russia...lock up the oligarchs or let them leave, but keep their money in Russia. they will get it..or some of it.. when the sanctions stop. but don't keep them in Russia if you intend to fight the west. they are a western fifth column in Russia. also fifth column inside Russia are western NGO's and Putin keeps them there..wont kick them out. why not ::confused:: they are there to destabilize Russia and he knows this. so why does he allow them to operate in Russia ::confused:: ::confused::
Putin is a lunatic. he is too conflicted! it may be time for him to go allowing real committed Russian nationalist to rise in his place.
another piece of Putin lunacy is his refusal to take over Ukraine right from the start. Putin shud have taken over Ukraine and himself put in place the diffused state he is now trying to negotiate with Poroshenko..then retreat, leaving the right people in charge in all sections of the Ukraine...and the threat of Russian invasion anytime the crazies get out of hand.
invading Ukraine Putin would have ended absolutely and forever western interference in Ukraine. there would have been no chance of Ukraine becoming NATO member, and moving weapons to Russia's border..and now Ukraine would not be a major source or problems in his head while dealing with sanctions.
the west will not let up on Russia. the west must have the whole world to control, to exploit for profits or their system will collapse before its time. they must absorb Russia or they will die. for sure they are confident of China on board for they are focusing on Russia not China. Russia is their target. so if Putin intends to win he is not acting like he wants to. the west is coming anyway so he has to fight back on all cylinders.
Putin has to build a monetary system throughout the old Russian empire..just like the one suggested above..totally independent of the west, and sufficient for the internal development of the whole region. I mean how hard can that be..not hard at all. it is not rocket science