posted on May, 19 2014 @ 10:08 AM
Are Markets "Punishing" Russia? ... Or All Emerging Markets?
Good day, ATS.
I saw this article on zerohedge on the weekend, but didn't have the time to post about it.
I thought maybe someone else would have postet it by now, but a search didn't show anything on ATS yet.
I'm also not sure what to make of it yet, but it looks like either the sanctions hit the West more than Russia (judging by the money in-/outflow
charts), OR the outflows started even before the sanctions even started, and are much more serious for the rest of the emerging markets.
Add western Bank-exposure to the mix, and the sanctions make even less sense:
(Data straight from the monsters mouth)
Are Markets "Punishing" Russia? ... Or All Emerging
Makes you wonder... are the Obama-administration (and their allies in this matter) just too stupid to see the consequences of this, or is something
else at play here, and the "sanctions" are just a smokescreen?
Also, if sanctions prove to stay ineffective... what's next?
What say you, ATS?
edit on 19-5-2014 by ColCurious because: (no reason given)