US Macro Collapses To 11-Month Lows, Russia Dumps 20% Of It's U.S. Treasury Holdings And Buys Gold

INVESTMENT WATCH BLOG ^

[Alter Kaker]

Problem is that manufacturers have need in buyers but economy of United States produces debtors.

Are you seriously comparing the Russian and American manufacturing sectors? LOL

[Cossak]

Enron rating was good until it collapsed. Russia failed in 1991 when liberals seized power. It was their intended policy to make Russia raw materials appendix of civilized World. They still rule finances and economy and preserve colonial status of Russia. Bank of Russia is subsidiary of US Federal Reserve. Having better credit risk than Russia is not big achievement IMO

[Cossak]

I do not assert that Russian manufacturing sector is in better shape. Bur Russian households and state have much less debts.
I do not know for sure but have suspection that 500 dollars monthly wage is not enough for life in the USA.