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Hardline Russian officials are already talking about selling US Treasuries & encouraging Russian companies to default on their US Dollar denominated debt. A significant blow to lenders here is the West.
The first salvo in a standoff, that one way or another is going to affect all of us, was fired….
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The West’s weak response to Russia’s takeover of the Crimea, opens the door for Russia to take more real estate. Russia already tipped its hand by taking over a Gas Distribution Plant in the Eastern Ukraine which supplies 25% of the Crimea’s Natural Gas. Since the Crimea also rely’s on the Ukraine for 70% of its water and 90% of its Electricity…..
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The latest report from the IMF recommends more taxes to solve income inequality. Specifically property taxes as a source of new money! It’s time to force Governments to appreciate a simple concept…..
Its time to challenge the Political Class. Whether it is some of NDP’s moves, or the self described progressives in the environmental movement’s blanket opposition to Horizontal Drilling & Fracking that reduced Natural Gas prices & added $1,200 on average to real household disposable income……
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