"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
"De-Dollarizing" Russia Pays Down Near-Record $53 Billion In Debt In Third Quarter
Submitted by Sharon Secor on Sat, 2014-10-11 02:00
"Russia paid down a massive $52.8 billion in foreign debt as Putin "de-dollarizes" at near record pace, reducing external debt to the lowest since 2012. As Goldman explains, trade and income improved notably." I think that's wonderful. I'm happy to hear of Russia's success despite the ugly, bullying behavior of the United States government.
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