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Oil & Gas vs. Rubles
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A New View .
Watches? Russia confiscates million dollar watches because high end Swiss jeweler ceases operations insde Russis. When I said "we watch" I did not mean economically. Next Putin move, with back in corner, nationalize any company attempting to shut down in Russia.
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Last time I heard of nationalizing businesses was when Castro took Cuba from usa investors. That did not turn out so well for Cuba - embargo is first cousin go economic sanctions, huh? Suffering is the long term outcome. Russian boat people could result. Brain drain is such an ugly word for defacto dictators.
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Next to Biden call to "Change Russian regime", that Vlad took extremely personal, watches and capital and flatlining rubles seems a bit inequitable. One thing is certain, the world order is short a player. There are calls to push Russia out of international, well, everything but gas and oul exchanges with the "WEST".
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Meanwhile, Turkey is cleaning out land mines off its shores. The pot thickens.
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Lady A
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