Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Jim Robinson

Putin is making good on his threat - he actually threatened to cut off ALL gas supplies to the EU (and why they backed down).

The EU is more dependent on Putin than he ever will be on them:

Russia is a charter member of BRICS, a 5-nation, mighty economic trading bloc that includes, China, Brazil, India and South Africa. BRICS represents 3 billion people with a combined GDP of $14.8 trillion.

Putin is also a founding member of the Shanghai Cooperation Organization, which, in addition to the central founding players of Russia and China, also includes members nations Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan, plus guest nations India, Belarus, Iran, Mongolia, Pakistan, Sri Lanka, Belarus, Turkey and Turkmenestan.

Putin has worked to put Russia in a strong economic position and he is pushing forward the Eurasian Union as a bulwark against the EU. He has made Russia the fulcrum of power around which economic blocs such as BRICS revolve so as to stymie the influence of the IMF.

Russia’s public debt ratio is the lowest among major nations.
Compare that with the bankrupt US, $17 trillion in debt, running on money borrowed from China, with bridges collapsing and 44 million citizens on food stamps.

“Look at their (America’s) trade balance, their debt, and budget. They turn on the printing press and flood the whole world with government bonds. There is no way we will act this way.... We don’t have the luxury of such hooliganism.”

-—”Vlad the Bad” Putin


12 posted on 04/04/2014 9:04:20 AM PDT by Bon of Babble (The dogs bark; the caravan moves on!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Bon of Babble
Forgot the add the graphic!! How could I forget?? Must have been the recent fill-up at the gas station here in California, it really rattled my brain to pay THAT much for gas...

Here it is:

And an extra one to boot!!


18 posted on 04/04/2014 9:15:57 AM PDT by Bon of Babble (The dogs bark; the caravan moves on!)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson