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Currency Wars and Economic Sanctions: Putin beaten by Banksters

 
Haile Menelik
User ID: 55210315
Netherlands
03/05/2014 06:08 PM
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Currency Wars and Economic Sanctions: Putin beaten by Banksters
All this past weekend, Vladimir Putin was rattling the saber, talking tough about how he was going to protect Russians living in the suddenly anarchist Crimean Peninsula.

All weekend, the hand wringing on U.S. news programs was comical. "Putin has outsmarted us again," they moaned.
"Putin is stronger than Obama," they declared.
Then the financial markets opened up Monday.

The S&P 500 dropped 1.5%. But Russia's stock market crashed, falling more than 10% in one session. Russia's currency plunged, and the central bank had to raise interest rates to protect it.

[link to www.wealthdaily.com]
Anonymous Coward
User ID: 39517632
United States
03/05/2014 06:11 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
All this past weekend, Vladimir Putin was rattling the saber, talking tough about how he was going to protect Russians living in the suddenly anarchist Crimean Peninsula.

All weekend, the hand wringing on U.S. news programs was comical. "Putin has outsmarted us again," they moaned.
"Putin is stronger than Obama," they declared.
Then the financial markets opened up Monday.

The S&P 500 dropped 1.5%. But Russia's stock market crashed, falling more than 10% in one session. Russia's currency plunged, and the central bank had to raise interest rates to protect it.

[link to www.wealthdaily.com]
 Quoting: Haile Menelik 55210315


because Russia doesn't do the magic potion called QE?
Anonymous Coward (OP)
User ID: 55210315
Netherlands
03/05/2014 06:14 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
Obama vs Putin

knockout
Anonymous Coward
User ID: 53929618
United States
03/05/2014 06:14 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
I predict Russia completely abandons the dollar (dumps Russia's treasury bonds) followed soon by China. Then we will see who is beaten.
Haile Menelik (OP)
User ID: 55210315
Netherlands
03/05/2014 06:18 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
I predict Russia completely abandons the dollar (dumps Russia's treasury bonds) followed soon by China. Then we will see who is beaten.
 Quoting: Anonymous Coward 53929618


From the article...

I'm sure Putin is disappointed. I imagine he misses Cold War politics. But now that he has been knocked down a peg by a bunch of bankers, I wonder what's next?
It would seem naïve to think he will just walk away from Ukraine...


bushpunch

Can Putin take his loss and walk home with his troops? Dont think so!!
Haile Menelik (OP)
User ID: 55210315
Netherlands
03/05/2014 06:23 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
I predict Russia completely abandons the dollar (dumps Russia's treasury bonds) followed soon by China. Then we will see who is beaten.
 Quoting: Anonymous Coward 53929618


You might be right. China behind Russia in this war and its not a CURRENCY WAR. Not a cold war or a Third World war. Of Russia dumps the Dollar China will follow!!!!t
Anonymous Coward (OP)
User ID: 55210315
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03/05/2014 06:25 PM
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Re: Currency Wars and Economic Sanctions: Putin beaten by Banksters
I predict Russia completely abandons the dollar (dumps Russia's treasury bonds) followed soon by China. Then we will see who is beaten.
 Quoting: Anonymous Coward 53929618


You might be right. China is behind Russia in this war and its now a CURRENCY WAR. Not a cold war or a Third World war. If Russia dumps the Dollar China will follow and the rest will to in Asia!! Then what follows is a Global reset?
 Quoting: Haile Menelik 55210315





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