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I have been trying to understand just how all of the dire threats the USA is making towards Russia might actually be implemented. Russia's foreign trade with the USA is very small and Russia's economy is not vulnerable to anything over which the USA has monopoly control except, currently, for the international payments settling system. What am I missing?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Apr 26th, 2014 at 01:20:34 PM EST
I heard a suggestion today that there was a tax based attack on Russian banks involving US operations and a withholding tax but haven't confirmed that.
by Colman (colman at eurotrib.com) on Sat Apr 26th, 2014 at 02:25:51 PM EST
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Another possibility the internationalization of the Yuan brings is the possibility that, in another Wall Street crash, part of the rush to safety might be into Yuan.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Apr 26th, 2014 at 05:58:41 PM EST
[ Parent ]

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