What, you mean that there might be a solvency problems at Russian banks and all Russians should go and try to get all their money out? Well, yes. I hope no-one would ever suggest that, after all, Rus… (View Post)

As someone else said, it's falling similarly against the Euro: https://www.xe.com/en-gb/currencyconverter/convert/?Amount=1&From=RUB&To=EUR And interestingly, the Chinese Yuan: https://w… (View Post)

There's a very good 'Forbidden Engineering' episode covering Fordlândia in Brazil. https://en.wikipedia.org/wiki/Fordl%C3%A2ndia "The land was hilly, rocky and infertile. None of … (View Post)

Quite spectacularly, 1 Russian Ruble now equals 0.0091 United States Dollar. This has been quite a collapse over the last few months, and especially the last few days. This *might* be getting to the … (View Post)

If you are an embedded giant, change can seem rather daunting and risky. Why change, if the profits are rolling in? The risks in not changing seem fewer, and of lesser magnitude, than the risks of ch… (View Post)