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To: HamiltonJay

I take it you noticed Russia halted trading and is screwed..


18 posted on 09/17/2008 10:24:46 PM PDT by eyedigress
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To: eyedigress

Yep, losing 20% of your markets value in a day will tend to get the KGB left overs running things over theres attention.

As the oil speculative bubble pops as well, Putin is going to be hard pressed to be able to back up his anti western resergence. Without OIL at high prices, his nation is back to being a 3rd world nation with nuclear capabitilies. He’s run off nearly all foreign capital, and his actions lately have only served to scare more of it away, only thing they had left was oil... it collapses and Russia is royally hosed.


20 posted on 09/17/2008 10:27:40 PM PDT by HamiltonJay
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