Russia threatens to confiscate U.S. assets.

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nemesis

Sharpshooter
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All I know re Americans and Russian business is that Moscow has the best McDonalds on earth. It's owned by Americans and they grow their own produce and beef. At least, when I was there, their Big Macs were the best burgers on earth. And the line to get in wraps around the block. Where will we be if we lose that?

The debt they hold isn't backed by gold it's nothing more than a paper IOU. If they want to start something that will devalue our fiat currency the only thing that happens is the value of their holdings drop.

Thanks for that insight. That hadn't occured to me, but you're exactly right.
 

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