
Originally Posted by
IBDaMann
Russia is screwing itself. It's not trading with India and China. Russia is deserately trying to buy them off, at HUGE expense, to keep them from joining in on the "dogpile on Russia." As such, Russia's already collapsing economy will deteriorate far more rapidly and far more profoundly, causing economic hardship for all of Russia that will take additional decades to correct.
Europe is hosed.
You got one thing right, Europe is hosed. That's the only thing you got right.
Don't be afraid to see what you see
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