Russia v. US - Financial Warfare?

gwynned · 09-17-2008, 12:05 PM

Interesting that oil should be down below $100 and Russia had to halt trading for the second day to avoid collapse. " Russian markets stopped trading for a second day after emergency funding measures by the government failed to halt the biggest stock rout since the country's debt default and currency devaluation a decade ago."
http://www.bloomberg.com/apps/news?p...eC4&refer=home

Since Russia's growth was based primarily on the high price of and demand for oil, one has to wonder if there isn't more to this world wide financial crisis than meets the eye.

09-17-2008, 12:05 PM	#1
gwynned Avalon Senior Member Join Date: Sep 2008 Posts: 88	Russia v. US - Financial Warfare? Interesting that oil should be down below $100 and Russia had to halt trading for the second day to avoid collapse. " Russian markets stopped trading for a second day after emergency funding measures by the government failed to halt the biggest stock rout since the country's debt default and currency devaluation a decade ago." http://www.bloomberg.com/apps/news?p...eC4&refer=home Since Russia's growth was based primarily on the high price of and demand for oil, one has to wonder if there isn't more to this world wide financial crisis than meets the eye.