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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...