Clearly Russian officials understand the economic leverage that - TopicsExpress

Clearly Russian officials understand the economic leverage that they potentially have. In fact, Glazyev seems fully convinced that Russia could cause a crash for the financial system of the United States... An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system. On that last point Glazyev is perhaps overstating things. On their own, the Russians could do a considerable amount of damage to the U.S. financial system, but I doubt that they could completely crash it. However, if much of the rest of the world started following Russias lead, then things could get very interesting. Especially if China were to support Russia...

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