Tuesday, December 16, 2014

Ruble, Putin, and Game Decisions

Ruble troubles making markets a bit nervous.  While Russia is certainly taking some major economic hits,  Putin is in a game decision position where he can execute strategies which have a great impact on what the western nations are most concerned about, asset prices.  His accountability rests on a different set of power rules than the west and so he can bring into play decision choices which have greater leverage when ultimately there are discussions to arrive at some compromise plan to stabilize world economic markets.