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View Diary: With No Shame, U.S. Tells Russia Not to Invade Another Country on Fake Pre-Text (As it Did in Iraq) (408 comments)

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  •  consequences (6+ / 0-)

    My guess is that the euro is going to take a hit--and the US dollar will surge, in a flight to safety.  Much of Europe is still close to falling back into recession--this will tip it down faster.  The price of much needed Russian natural gas is going to rise--especially if Europe tries to sanction Russia for the invasion of Ukraine.

    Actions speak louder than petitions.

    by melvynny on Sun Mar 02, 2014 at 10:55:20 AM PST

    •  Which means Vlad gets more rubles from this move. (3+ / 0-)
      Recommended by:
      Judgment at Nuremberg, AoT, melvynny

      The EU can try to impose sanctions, and Putin can turn around and sell his gas to China. The Chinese will buy all the hydrocarbons anyone is willing to sell. Meanwhile Europeans have to turn their thermostats down further, German industry goes begging for gas to produce their fancy goods, and Ukrainians freeze because it's bloody cold and they can't pay the gas bill as it is even with Putin's soon-to-be-withdrawn generous price subsidies. Somehow, I see no downside for Putin in this. Not to mention that natural gas prices in the US will also rise, despite the fact we are swimming in the stuff, because the energy market is global.

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