Russian Money Yanked From US Banks
Money to the tune of $21.6 Billion or 61% of total Russian deposits in one month!
Discussion
4 Comments
Jun 05, 2014 05:03 PM
Jun 05, 2014 05:17 PM
Jim Rodgers said on a show a few days back he was buying Russians for the first time, because it was so beat down. He has made lots of money buying beat down stuff. They be taking from our strong dollar to their weak currency.
Jun 05, 2014 05:56 PM
I read on RT today Russia and N.Korea will be doing business with rubles.
They intend to increase trade.
Jun 05, 2014 05:24 PM
bb…..Russia & North Korea !!!!!!!!..Talk about rubbing the US nose in it .
And now Russian deposits are right back to where they were just a short 16 months ago. Not much of an effect in the big picture. It is not like they have held those deposits here for decades or anything.