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"there are not enough Russian bonds." Were investments in Russian bonds seen as secure from US originated currency manipulation and attack any shortage of Russian Bonds could be readily remedied. And if Russia can get internal growth going again at 5%/yr or more for a few years the size of the entire rouble denominated world economy could increase. Already there is a demand for Chinese bonds outside of China. Everyone is seeking yield.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Apr 27th, 2014 at 07:34:21 PM EST
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