Putin Doubleplusungood
alice malice
alicewmalice at gmail.com
Thu Apr 17 10:19:56 CDT 2014
http://www.businessinsider.com/rich-bernstein-on-yield-curves-2014-4
On Thu, Apr 17, 2014 at 11:18 AM, alice malice <alicewmalice at gmail.com> wrote:
> Is that enough to make Russia blink? Maybe not. But it hurts, and the
> prospect of losing even more has got be enough to give even Vladimir
> Putin a few second thoughts.
>
> Well, he's got what he wanted. The price he's going to pay for it is
> hard to measure at this point. I don't think he will ever suffer
> "buyers" regret, but the price will go up not down. Will it go up
> enough to enough to take him down? Time will tell. It's difficult to
> know, but he's nervous even if he doesn't blink for the cameras. He
> has to be, unless he's an idiot, and I don't think he's an idiot. A
> quick glance at the world economics that will impact Russia in coming
> months and years would make anyone with a stake in Russia quite
> nervous.
>
> Consider the flat yield curves in the EM economies and the steep one
> in the US. That doesn't play well for Putin. And that's the least of
> his troubles. Look at the dollar! Putin is getting his ass kicked in
> the markets. And the Markets, as you readers of BE should know, are
> far more ruthless than armies.
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