Global investors’ exposure to Russia equates to roughly $150 billion
— Liz Ann Sonders (@LizAnnSonders) March 2, 2022
@FT pic.twitter.com/3FCf6LjNZ6
Global investors’ exposure to Russia equates to roughly $150 billion
— Liz Ann Sonders (@LizAnnSonders) March 2, 2022
@FT pic.twitter.com/3FCf6LjNZ6
6 comments:
It's insignificant for both sides to write the value out to zero of anything held in the other zone.
Ultimately the West has defaulted on its debt to Russia. And Russia will make the necessary bookkeeping adjustments and carry on.
That sends a very clear signal to anybody who owes the West (hello Turkey) that they can just do the same.
The world has been bifurcated, and all that does is put prices up.
I wouldn’t say China/Russia/NorthKorea/Iran is bifurcation Neil… iow it’s not 50/50 split…
US is bifurcating 50/50 internally but that is domestic issue…
Russia turning into another North Korea is no big deal… they don’t have anything anybody really needs… nobody really wants to go there, etc..
ROW can do very well without Russia… will take a year…
BTW the market cap of XOM alone has risen more than this same 150b since Biden went in and imposed Democrat ESG policies…
Fed allowing all the “inflation!” speculation has resulted in over half of this amount of loss in US bank assets alone… so far…
It’s peanuts…
Well, no, Matt -- there is the Russian wheat that Mike Norman talked about. Biggest producers in the world with Canada, US, and Ukraine following.
Personally, I am a rye guy myself :)
Too many carbs in wheat… and the gluten is an inflammatory… rice is better…
What do you put in stuffed grape leaves?
Why can't I find Rice Crispies cereal?
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