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Financial war against Vlad resumes

Posted by Maddog @ 16:41 on January 6, 2015  

I hold no candle for Vlad, but this financial war shows just how rigged the mkts are.

China has backstopped Russia, so bidding Russian CDS’s through the roof etc, is insane, unless you only want to attack Russia, without any fear of loss, because you will not make money with China there and note these moves all occurred in US time !!!!

http://www.zerohedge.com/news/2015-01-06/russian-default-risk-surges-new-6-year-highs-ruble-rubble-returns

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.