Warren Buffett observed during the 2008 economic crisis that - TopicsExpress



          

Warren Buffett observed during the 2008 economic crisis that “only when the tide goes out do you find out who is not wearing a bathing suit.” Well, the oil tide has gone out, and it revealed that Putin was swimming naked. In doing so, the country he threatens most today is Russia — but not Russia alone. A triumphant, oil-fueled Russia riding a petro-surge is dangerous; but a defeated, angry, increasingly impoverished Russia is dangerous as well. So despite all of the above, I’d be willing to see the West work with Putin to ease the sanctions on Russia, but only if Putin is ready to stop stealing other people’s marbles, only if he is truly ready to be part of the solution in places like Ukraine — not the problem.
Posted on: Sun, 21 Dec 2014 08:45:18 +0000

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