Thursday, May 29, 2014

Russia can hurt US economy with this

If Russia now does more and more trade with Asia, instead of with Europe and the West, then obviously that’s not… that’s good for Russia, that’s good for Asia, but America gets cut out and Europe gets cut out. 

You know, Russia used to sell a lot of gas to Europe, it still does, but if they stop selling natural gas to Europe, and sell it to Asia – that is not good for Europe, and, ultimately, not good for the US either, because the US and Europe are huge trading partners. 


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.