“US Economic Pressure On Russia Would Crash US Economy”

FTA:
“If America were to try to limit Russian trade or otherwise restrict commerce, the Kremlin could launch countermeasures that would pull the rug out from under the entire U.S. economy.

First, by restricting the export of its oil or natural gas, Russia has the ability to throw the global energy markets into crisis, and to cause an upward price shock. For Americans and Europeans already struggling with crippling energy costs, such a development may be hard to endure.

Second, Russia is in possession of hundreds of billions of dollar reserves, which it can sell into the market at any time. Such a move could spark a global run on the dollar, which would crush the currency and send commodity prices into the stratosphere.”

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Tags: Eastern Europe, news