Plasmaball
Gold Member
- Sep 9, 2010
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Russian markets nosedive as Ukraine panic takes hold
So if we take a logical no partisan view of whats going on here. Russia wont be able to handle the west shunning them economically. Russia is thin on money and this move they are making isnt a smart one after spending 50 Billion on the Olympics.
In a sense If obama is behind this then its a page from Reagan who spend along the USSR collapse by out spending them. The thing to take away from this is the fact that if you want to hurt Russia. Take away the wallet.
Or we can do what Retiredretardsgt wanted to do and put troops on the ground and start WW3.
Id rather this be solved without a bullet being fired.
Investors in Russia reacted with panic Monday to the potentially disastrous economic consequences of Russian military intervention in Ukraine, with Moscow stock markets crashing up to 12 percent and the ruble plunging to historic lows against the dollar and euro.
In an emergency move to limit the losses for the ruble amid what risks becoming at least Russia's worst economic crisis since 2009, Russia's central bank hiked its main interest rate by 150 basis points.
So if we take a logical no partisan view of whats going on here. Russia wont be able to handle the west shunning them economically. Russia is thin on money and this move they are making isnt a smart one after spending 50 Billion on the Olympics.
In a sense If obama is behind this then its a page from Reagan who spend along the USSR collapse by out spending them. The thing to take away from this is the fact that if you want to hurt Russia. Take away the wallet.
Or we can do what Retiredretardsgt wanted to do and put troops on the ground and start WW3.
Id rather this be solved without a bullet being fired.