Currency Wars and Economic Sanctions: Putin beaten by Banksters | |
Anonymous Coward User ID: 39517632 United States 03/05/2014 06:11 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Haile Menelik 55210315 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] because Russia doesn't do the magic potion called QE? |
Anonymous Coward (OP) User ID: 55210315 Netherlands 03/05/2014 06:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 53929618 United States 03/05/2014 06:14 PM Report Abusive Post Report Copyright Violation | |
Haile Menelik (OP) User ID: 55210315 Netherlands 03/05/2014 06:18 PM Report Abusive Post Report Copyright Violation | 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... 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 Report Abusive Post Report Copyright Violation | 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 Netherlands 03/05/2014 06:25 PM Report Abusive Post Report Copyright Violation | 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? |