When Donald Trump was reelected in November, many investors declared the so-called Trump Trade would spur US stocks to new highs. But markets are now spooked by fears the world's largest economy is close to recession.
The russian economy is not only tied to but dependent on the wests import of natural resources.
How in the world did you figure russias economy is not tied to “our” (I’m european, but the us and eu economies are all intertwined) economy? “Famously” so too?
If USA says don’t buy russian oil or you’ll get secondary sanctions (e.g. you can’t trade with the US) then india, china will (and are) stop buying russian oil. This is what is actually happening by the way.
I didn’t mean we can’t impact their economy. I meant the US economic success is not tied to theirs. If our economy collapses, theirs will actually improve, not get worse.
The person I was replying to implied that our coming recession would also be bad for Russia. I think it’s the opposite.
The russian economy is not only tied to but dependent on the wests import of natural resources.
How in the world did you figure russias economy is not tied to “our” (I’m european, but the us and eu economies are all intertwined) economy? “Famously” so too?
If USA says don’t buy russian oil or you’ll get secondary sanctions (e.g. you can’t trade with the US) then india, china will (and are) stop buying russian oil. This is what is actually happening by the way.
I didn’t mean we can’t impact their economy. I meant the US economic success is not tied to theirs. If our economy collapses, theirs will actually improve, not get worse.
The person I was replying to implied that our coming recession would also be bad for Russia. I think it’s the opposite.