Thursday, December 18, 2014
Russian Tanks in Ukraine!
But, that small fact aside, I do not believe that the markets have to have any worries about Russia invading Ukraine. Not to say they won't do that, (if they aren't there already), but from the perspective of the stock market it will be a nonevent because the western nations will not respond militarily.
Some will jump on their soapboxes and accuse the US president of cowardice or "caving to terrorism" or some such nonsense. But the fact is that what has happened to the Russian economy lately proves that we do not have to shoot at Russia to defeat them. We can just starve them to death.