Saturday, April 12, 2014

Putting The "Costs" Of US Sanctions On Russia In Context | Zero Hedge

Despite Treasury Secretary Jack Lew's insistence that "costs" have been imposed on Russia:

*LEW SAYS SANCTIONS IMPACT SHOWN IN RUSSIAN STOCKS, FX RATE
It appears from the chart below that - once again - for the elites "when it gets serious, you have to lie."




(of course, those wishing to split hairs might say that Russian stocks collapsed before this... but that is not what Lew said - he said Sanctions impact was evident in stocks... and that is not true - the weakness before was EM crisis and war concerns)

Complete story at - Putting The "Costs" Of US Sanctions On Russia In Context | Zero Hedge
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