Russian Billionaires ‘in Horror’ as Putin Risks Isolation ( Archived) (3)

Jul 21, 2014 9:26 AM CST Russian Billionaires ‘in Horror’ as Putin Risks Isolation


"The threat of sanctions against entire sectors of the economy is now very real and there are serious grounds for business to be afraid," Mikhail Kasyanov, who served as Russia's prime minister during Putin's first term as president, from 2000 to 2004, said by phone from Jurmala, Latvia. "If there will be sanctions against the entire financial sector, the {Russian} economy will collapse in six months."

"Putin, a 61-year-old former KGB colonel, is bolstered by a surge in his popularity since he annexed the Black Sea peninsula of Crimea from Ukraine in March to a near record of 86 percent, according to Moscow's independent Levada Center."
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Jul 21, 2014 12:15 PM CST Russian Billionaires ‘in Horror’ as Putin Risks Isolation
suds00
suds00suds00crown point, Indiana USA13 Threads 160 Posts
I don't understand why putin is doing what he's doing;especially after the Olympics!
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Jul 21, 2014 12:17 PM CST Russian Billionaires ‘in Horror’ as Putin Risks Isolation
ooby_dooby: http://finance.yahoo.com/news/russian-billionaires-horror-putin-risks-200001106.html

"The threat of sanctions against entire sectors of the economy is now very real and there are serious grounds for business to be afraid," Mikhail Kasyanov, who served as Russia's prime minister during Putin's first term as president, from 2000 to 2004, said by phone from Jurmala, Latvia. "If there will be sanctions against the entire financial sector, the {Russian} economy will collapse in six months."

"Putin, a 61-year-old former KGB colonel, is bolstered by a surge in his popularity since he annexed the Black Sea peninsula of Crimea from Ukraine in March to a near record of 86 percent, according to Moscow's independent Levada Center."

That's like Noam Chomsky saying America is doomed.

You should look carefully at who Kasyanov is.

Meanwhile Private Russian deposits of money in US banks dropped from 20+ billion dollars to 8 billion overnight in march.
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