This just in. Read.Putin talks about a big new fiscal expansion, which will be "paid for" with spending cuts and new taxes even though he has unlimited spending power in ruble.And we now find out Russia's been stupidly buying gold for years. Why??This is a total waste of financial and real resources and an even stupider subsidy to the mining industry.Then there's this...Russia's empty threats about retaliation against U.S. strikes on Syria. "We'll shoot down the missiles and target launch...
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