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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: HammerHead who wrote (7485)8/31/1998 6:43:00 PM
From: Jim S  Read Replies (2) | Respond to of 42834
 
I agree, Robert. The big fallouts from Russia are political and banking (capital) problems. Brinker touched on some of the problems that could result if the situation degenerates into anarchy / civil war. He didn't say much, if anything, about the problems with international capital that could result from the collapse. Even more disconcerting, IMO, is what could result from what is apparently happening globally. Suppose, just suppose, that virtually all countries, except the EU and the US, have a severe monetary crisis.

No, that would not mean that we would be in good shape. It would mean that we would be the object of envy / jealousy by a world that may not be willing to sit quietly and starve. It could become a bit dicey.

All hypothetical, of course, but given the current situation, maybe not all that improbable. Interesting to think about, but it could make for unpleasant times if it should come to pass.

Good trading,

jim