Part 3/8:
He emphasizes that the Ruble has now breached significant psychological barriers, notably a threshold of one penny. Historically, this level has served as a resistance point; however, with the Ruble consistently trading below it, there is a growing consensus that its collapse is a genuine possibility. Beut postulates that the Ruble could potentially devalue to 120 Rubles per dollar, a situation reminiscent of Russia's hyperinflationary crisis in the 1990s.