bailout investwithalex

….it is time to worry. Make no mistake. Russia was on the receiving end of an all out economic attack last year. A deliberate act against Russia that will eventually come back to haunt the US/EU. Collapsing oil prices, western sanctions, currency and stock market declines. With that in mind, what are we supposed to think or do when Russians end up being a hell of a lot more fiscally responsible than the Americans?

Russia rules out joining the QE gang

I know what you are thinking. Russian economy is “complete crap” and the US economic/stock market recovery has been an outright miracle. At least the Western Media proclaims that to be the case. Perhaps.

At the same time, taking such a view is like driving 200 MPH while looking in a rear view mirror. Here is what we know. While the US Economic data is collapsing and the US stock market indices have been in distribution for over 9 months, the Russian Rubble and the Russian Stock Market (RSX) are surging. In fact, they have been some of the best performing financial instruments in the world thus far this year. As was theorized on this blog at the beginning of the year – due to their incredible undervaluation at that time.

Just FYI.