I don’t see where the Russkies need cash, they don’t have much debt, they export more energy than anyone, for which they get paid in whatever currency they ask for. They have a trade surplus, as you say they can swap anything for energy, like say food. All their energy costs are in Rubles, so now they get twice as many.
I really think this is a strategic financial attack by Obummer and you can bet that Slug Soros is right in there whispering Gollum like in his ear, along with all the Fall st banksters and other hedgies. The scum have got Algo’s running all critical mkts, so why not turn them loose on the Russkies.
The likes of Bloomberg, Reuters and CNBS will spout whatever they are told etc.
The soft under belly is the crimex, but i guess the Chinese and probably Russia haven’t bought enough yet at giveaway prices……but when they have and if this War, which is what it is, hasn’t gone hot, they’ll take out crimex and fall st will be finished.