Russia might spend $60 billion (70%) of its reserve fund during 2015. http://www.themoscowtimes.com/business/article/proposed-spending-from-russias-reserve-fund-rises-as-crisis-swells-deficit/517024.html …
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@andersostlund but it did reduce value of any monetary assets -
@andersostlund It makes easier for foreign investments to find way into EU economy while slows down local bsnss depending on own resources. -
@SergeyKofanov It slows down import, leave local business unaffected and increase export. Not always bad in the short run. -
@andersostlund We see food prices rising this year in Spain, leaving less money in customer pockets to buy other things. -
@SergeyKofanov Buy local food. Plenty of it in Spain. -
@andersostlund We only buy local food here. Big exporters offer higher price to local food producers, making local prices rise, too.
End of conversation
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