Guest Post by Paul Craig Roberts
This week I was interviewed on Russian TV about the possible new anti-Russian sanctions that Washington is considering that would prohibit anyone in the entirety of the world from holding Russian government bonds. Think about this for a moment. Washington thinks that Washington has the right and the power to block sovereign countries and their citizens from investing in Russian government bonds. Here we face arrogance that has developed into insanity.
The Russian bonds are an excellent investment. Unlike US, EU, UK, and Japanese government bonds, the Russian bonds pay good interest rates, and Russia has virtually no national debt, unlike the heavily indebted governments of the US, Europe, UK, and Japan.
Continue reading “The Only Existential Threat To Russia Is Neoliberal Economics”
