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Transcripts for MSNBC The Rachel Maddow Show 20220301 02:10:00

through polls, they still have their own currency but as of now are ruble is worthless. the ruble crash today. literally down to zero. a rule now is worth less than a penny. their national credit rating is downgraded officially to john. russia has one industry oil and gas, but their oil and gas technology is terrible. in part because the companies are terribly run by putin cronies who run them like organized crime families. that basically run them like gangsters. russia s oil and gas industry is the one industry they ve got, but they need western oil companies in order to competitively operate their one industry. in order to actually function in the modern sense. we ll say goodbye that as of today divvy bp the, singalongs foreign stakeholder in the russian economy pulled out. and they pulled out of their giant multi billion dollar state in ras nafta. in short order, shell pulled out from the joint operation with them as well. exxon is apparently still there.

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