Silver and Gold: More Than Just A Christmas Carol
[View article]
Russia has used up around 1/3rd of its reserves trying to prop up the Ruble in recent months. Russian external debt exceeds their reserves. Russia is in a bind on two money generating fronts: Energy and the rest of the Commodity complex.
Russia has had a previous history of diverting attention from economic woes. They are called Wars.
-
Russia has used up around 1/3rd of its reserves trying to prop up the Ruble in recent months. Russian external debt exceeds their reserves. Russia is in a bind on two money generating fronts: Energy and the rest of the Commodity complex.
Dec 25 09:58 am
|Rating:
+1
-3
All Comments by NOWHEREMAN »Silver and Gold: More Than Just A Christmas Carol [View article]
Russia has had a previous history of diverting attention from economic woes. They are called Wars.
IMO