RE:those shorting the russian rouble just got their heads here is a more readable version
By Godfree Roberts – an early extract from his weekly Here Comes China newsletter and posted with permission
WILL RUSSIA DESTROY THE US DOLLAR?
Farewell to Inordinate Privilege
Earlier this week, Russia announced that countries on its Unfriendly Nations list must pay in roubles for its gas. Within hours, the rouble regained its pre-embargo value on international markets.