Posted on 12/15/2014 2:41:40 PM PST by Berlin_Freeper
Precisely.
~~~Uncomfortable deja vous. Prelude to....and pretext for...
war.~~~
You may be right.
That is the most succinct, brilliant description of geopolitics I have ever heard. I mean it! =)
It’s time for Putin to send in more tanks.
If there’s a grain embargo and Hal Holbrook makes an appearance, it’s on.
It’s like the old joke about the bear and the campers. The bear surprises the two and they take off running. One of them says “We’ll never outrun this bear”. They other guy says “I know, I just have to outrun you”.
It is all relative isn’t it? We owe a lot but others owe more... China owes 300% of GDP?... etc.
I remember a deal a company I worked for got tangled in. Short story, I was one of the three that went to confront the offending party with his fraud and debt. He had a nice office full of Western art. He was jovial, he knew what was coming. When the team lead spilled the deal the guy reared back in his chair and said, “Boys, you got me dead to rights but I”m flat asses broke!”
The team lead, a very naive fellow, retreated and we said our good-byes and went to lunch. He was dumbfounded. “What do we do?” he said. After an appropriate silence I said, “Nothing. We go home.”
What happens when a nation can’t pay its debts? Nothing, you go home. The currency collapses... relative to what? The other more valuable currencies and the game goes on?
These guys can be dangerous.
Money and advisers to ISIS while at the same time Iran starts to stir in the Gulf.
Terrorists blow up the Saudi depot what ships all the crude while ISIS marches to Baghdad?
That would kick the price up a bit.
Well this is a way to start a war. My God, what are the clowns in Washington thinking? How to crash us big time?
Purposefully crash the Russian economy and get nuked.
So that’s how ya spells it! Tx!
On the way out the door you take all that nice western art.
Russia is strategically aligned with Assad and Iran, ISIS’ enemies. Unlike the US, Russia doesn’t backstab their allies. So more likely they might back some Iranian play.
I thought the very same thing.
17%...
wow.. that’s tempting... can you imagine getting a CD locked in at anything NEAR that ?
of course you would be betting the Ruble would not fall much further, but honestly if you locked it in for 20 years or such, surely whatever financial problems happening now would blow over by then.
But they have a strategic need to harm the Saudi’s. But, I guess if you burn the terminal on the Gulf, they would definitely be harmed.
Wouldn’t make a dent in the debt. Would accomplish nothing but vindictiveness. Business doesn’t function like that for me.
The market has done to the Russians what Reagan did to the Soviet Union. The only thing bad about it is that Zero will take credit.
Sovereign default. Happened around ‘92 to them, and can again.
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