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comment by user-inactivated
user-inactivated  ·  3983 days ago  ·  link  ·    ·  parent  ·  post: Ukraine mobilizes troops after Russia's 'declaration of war'

All true -- except Russian rubles are in the process of becoming worthless and Russian markets are down ~10% across the board in a matter of, what, a day or two?

That may be temporary -- and if you look at the comments on r/economics it's like a silly echo chamber; most think Obama will do nothing of substance, Russia will take Crimea, markets will stabilize and we'll be one step closer to doomsday &c. Where is that viewpoint in the rare cases that we do do more than make "strong comments"? Always with the counterfactual...