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High Hopes for Russia Are Fading on Wall St.
The New York Times ^ | September 22, 2014 | Andrew Ross Sorkin

Posted on 09/24/2014 10:14:40 AM PDT by ConservingFreedom

Goldman Sachs has an office in Moscow. So do Citigroup and Morgan Stanley. JPMorgan Chase and Bank of America Merrill Lynch, too.

Russia was supposed to be a growth market for Wall Street. It is quickly turning out to be a potential financial nightmare and a political hot potato.

With the deteriorating relationship between the United States and Russia over Ukraine, and a series of punitive sanctions clearly slowing Russia’s economy, Wall Street banks are facing a conundrum: Should they stay or go?

Wall Street’s involvement with Russia has long been a source of controversy. Some critics contend that Western banks have quietly helped enrich the government of President Vladimir V. Putin while he ran roughshod over the rule of law, often confiscating assets from political opponents. [...]

(Excerpt) Read more at dealbook.nytimes.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Russia
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To: DarthVader

No one is discussing or arguing about technology advancing from 1987 to today, that is true across the board for everyone.

Your claim is that today the russian military, which is mostly army, is superior to and more powerful than the enemy we faced in 1987, and that for example the massive numbers of Airborne divisions, and helicopter attack units, and bridge building units of the attack based 6.4 million man Soviet force that was forward based in places like Germany and Poland and that kept us sleepless at nights, was weaker than what the 142 million russians can put together today after losing all of their Warsaw Pact nations to now being part of NATO.


81 posted on 09/24/2014 1:17:44 PM PDT by ansel12
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To: wetphoenix

Why would you hide being in the military?

Why would you post here that the unit you are in is the FSB, and then why would you start trying to erase that fact?


82 posted on 09/24/2014 1:20:05 PM PDT by ansel12
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To: ansel12

Sorry, ansel, I don’t know what are you talking about. Not to mention it is ‘slightly’ off-topic.


83 posted on 09/24/2014 1:22:28 PM PDT by wetphoenix
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To: wetphoenix

You don’t remember if you told us that you were in the FSB or not?


84 posted on 09/24/2014 1:23:58 PM PDT by ansel12
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To: wetphoenix
Putin Victory Speech

Listen to the whole speech but the eding gave me goosebumps the first time I heard it.

85 posted on 09/24/2014 1:24:50 PM PDT by Sawdring
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To: ansel12
Yep, ansel. Imagine it😃
86 posted on 09/24/2014 1:25:18 PM PDT by wetphoenix
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To: wetphoenix

Nah, had to take Chantix to officially quit.


87 posted on 09/24/2014 1:25:53 PM PDT by Sawdring
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To: Sawdring

My wife is sleeping nearby I can’t listen speeches. What he said?


88 posted on 09/24/2014 1:26:32 PM PDT by wetphoenix
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To: wetphoenix

Imagine what?


89 posted on 09/24/2014 1:29:13 PM PDT by ansel12
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To: ansel12

Forget it, ansel. It is really late here and I have a busy day tomorrow. See you soon!


90 posted on 09/24/2014 1:31:11 PM PDT by wetphoenix
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To: ansel12

A military force can be large but also unwieldy. Logistics plays a huge role in how effective or ineffective such a force can be. They had massive numbers which could all be destroyed with one bomber or a few well placed Pershings. Numbers are great if you don’t go nuclear. But if you do all bets are usually off.

I am not too sure about how all those former Warsaw Pact Nations are with NATO and the US today with Obama and where he is. It can be just as iffy as the Warsaw Pact relations in the 80s were. Not all of the USSRs allies were what you call reliable. The fractures showed up when Bush 1 was in office. Our relations with those countries is very strained to say the least and can easily teeter them back into bed with Russia at least for now. I’ve seen some allegiances form in the last year that have been surprising but when you think about are common sense based upon the pragmatic views of leaders.


91 posted on 09/24/2014 1:31:58 PM PDT by DarthVader (Politicians govern out of self interest, Statesmen govern for a Vision greater than themselves)
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To: ansel12

Technology and what you fight with has a huge part in warfare. Particularly today. The battle space is becoming more easily expandable with technologies of greater lethality and accuracy. Everyone is going in this direction.


92 posted on 09/24/2014 1:34:31 PM PDT by DarthVader (Politicians govern out of self interest, Statesmen govern for a Vision greater than themselves)
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To: ConservingFreedom
Let's see Russia now now has a 13% flat tax. That's it no other taxes. Their economy is booming!

http://news.investors.com/ibd-editorials/010413-639471-russia-offers-tax-asylum-to-soaked-millionaires.htm

Now just Google Moscow and go to images. You will see sky scrapers going up every where.

https://www.google.com/search?q=moscow&client=firefox-a&hs=89u&rls=org.mozilla:en-US:official&biw=1600&bih=766&source=lnms&tbm=isch&sa=X&ei=5ysjVKKGOYGcyAT2y4CQAQ&sqi=2&ved=0CAcQ_AUoAg

Finally, Russia has signed a deal with China on Oil. They will no longer trade in U.S. dollars.

http://www.financialsense.com/contributors/matthew-kerkhoff/china-russia-sign-major-gas-deal-bypass-dollar

My bet is that the lowest taxes win.

93 posted on 09/24/2014 1:42:07 PM PDT by Enlightened1
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To: DarthVader

You just can’t be serious about comparing what we faced in 1987, with this limited Russian force stationed in Russia today.
I don’t think you grasp what we were facing and how dire it was in Europe to know that we could be overrun almost instantly by that massive machine of war, and that was when we had 440,000 Americans there and Reagan commanding, capabilities that the current russian military just doesn’t have, as they depend mostly on a few elite units that they try to train well and modernize, for putting out internal fires and invading or harassing small border countries.

You can’t be serious about the level of commitment of Poland and the other countries that we liberated and allowed into NATO, we didn’t enslave them like the Russians did, the former slaves of the Russians depend on us and the strength of NATO to remain free and to never be enslaved by the russians again, they are not captives in NATO. Today, even Sweden and Finland are looking to possibly join NATO to protect themselves from Russia.


94 posted on 09/24/2014 1:44:33 PM PDT by ansel12
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To: wetphoenix

I think we can conclude that you concede that you are a member of the FSB, just as you have said you were in the past, at freerepublic.


95 posted on 09/24/2014 1:46:23 PM PDT by ansel12
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To: ConservingFreedom

There is a lot of propaganda from the Globalist/Socialist. However, the numbers tell the story.

Here is the GDP for 2013 (latest numbers) from the World bank. Look who has climbed up to #6, and just below Germany in the last 10 years. That’s what lower taxes does to an economy. It happened after Kennedy, Reagan and even the Bush tax cuts.

http://databank.worldbank.org/data/download/GDP_PPP.pdf


96 posted on 09/24/2014 1:58:32 PM PDT by Enlightened1
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To: ansel12

You overestimate what the solidarity of what the old Soviet Union was. I do grasp it and I know that any invasion by that force would have escalated to
nuclear for sure and that is one reason it never happened. We had a very powerful strategic triad at the time that could have stopped it cold. It would have also ended the world too.

Ask Poland about not getting their missile shield from Obama and you will rethink your position. The United States under Barack Obama has become a pariah nation and is no longer considered by the Western world to be a reliable bulwark against militant Islam and we have in fact armed ISIS. We actively set up Muslim Brotherhood governments in Egypt and Libya which have now been destroyed through Russian influence. These are verified facts. What you are saying really doesn’t have that much effect as it used to anymore and the dynamic has changed because of these new realities.


97 posted on 09/24/2014 2:00:05 PM PDT by DarthVader (Politicians govern out of self interest, Statesmen govern for a Vision greater than themselves)
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To: DarthVader

Lol, I’m not overestimating it and don’t even know what made you say such a thing.

You sure seem to know with certainty things that never happened, and have views that we in NATO at the time, didn’t share, and don’t.

You then go back to rambling again, but I did catch the part about Poland, evidently you think they are an unwilling and undependable member of NATO, when it is just the opposite, they are strong members and are pressuring NATO for more and a stronger posture against their former slave masters. Poland is currently participating in military exercises in Ukraine.


98 posted on 09/24/2014 2:11:57 PM PDT by ansel12
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To: ansel12

If you think a nuclear war would have never happened over a Warsaw Pact Invasion of Europe in the 80s I have a bridge to sell you. Was the huge Warsaw Pact a threat? Yes. Were they unified against the West? No.

These charges against Obama are true and most of those nations will either go it alone or with new alliances among themselves within NATO or even Russia as it suits them pragmatically. Obama’s presidency has badly fragmented the West and has harmed NATO which nobody really wants to admit. Poland can care less about the US and is independent and strong enough to form their own alliances. Putin started moving against the MB last year and has been on a roll since. Our current action in Syria is being forced upon us because we created ISIS and we have to fix our mess. How many NATO members and other nations are participating in this action? Not many.


99 posted on 09/24/2014 2:37:34 PM PDT by DarthVader (Politicians govern out of self interest, Statesmen govern for a Vision greater than themselves)
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To: DarthVader

This is just getting too silly to deal with, I said this wasn’t an area of interest or knowledge for you, and it clearly isn’t, you just create what you want in your head.


100 posted on 09/24/2014 2:44:36 PM PDT by ansel12
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