Rogers: Russia may disintegrate

[w¡n9Nµ7 §£@¥€r 123]

Feb. 5 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, said he won’t invest in Russia in part because the country is “unstable” and may break apart. He’s considering betting against the ruble.

“There’s a good chance Russia will continue to disintegrate into more than one country,” Rogers said in a Bloomberg Television interview in Moscow today. “Whenever empires have disintegrated throughout history, the reverberations have gone on for a long, long time.”

Russia’s economy is contracting for the first time in a decade after prices for oil, the country’s main export earner, plunged by two-thirds in six months. VTB Capital said today that its Russian GDP Indicator for January declined 4 percent, the steepest monthly drop since 1999.

“I am not optimistic about the continuous stability of Russia,” the Singapore-based investor said.

http://www.bloomberg.com/apps/news?pid=new...id=a4Tp4FNuFl30

[Rocky_nBullwinkle 6]

Feb. 5 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, said he won’t invest in Russia in part because the country is “unstable” and may break apart. He’s considering betting against the ruble.

“There’s a good chance Russia will continue to disintegrate into more than one country,” Rogers said in a Bloomberg Television interview in Moscow today. “Whenever empires have disintegrated throughout history, the reverberations have gone on for a long, long time.”

Russia’s economy is contracting for the first time in a decade after prices for oil, the country’s main export earner, plunged by two-thirds in six months. VTB Capital said today that its Russian GDP Indicator for January declined 4 percent, the steepest monthly drop since 1999.

“I am not optimistic about the continuous stability of Russia,” the Singapore-based investor said.

http://www.bloomberg.com/apps/news?pid=new...id=a4Tp4FNuFl30

Again? I am having a hard time remembering all the 'stans now!

[Yoink 7]

Is this in response to that Russian professor who said that the USA will splinter?

[Danno 1,228]

I tend to put more weight in predictions that are made "before" events happen, not in the midst .

At any rate looks like I am SOL, my Country is clearly heading down hill in the near and long term and my Wifes country is too.

[w¡n9Nµ7 §£@¥€r 123]

I tend to put more weight in predictions that are made "before" events happen, not in the midst .

At any rate looks like I am SOL, my Country is clearly heading down hill in the near and long term and my Wifes country is too.

You should've married a Filipina.

[Peikko 1,575]

I tend to put more weight in predictions that are made "before" events happen, not in the midst .

At any rate looks like I am SOL, my Country is clearly heading down hill in the near and long term and my Wifes country is too.

You should've married a Filipina.

[pedroh 21]

so we'll have another 100 countries?

[Peikko 1,575]

Poor USA, it's going to hell in a handbasket and it's all Obama and the Dems fault.

Obama and the Dems, I feel a song coming on...

[Danno 1,228]

I tend to put more weight in predictions that are made "before" events happen, not in the midst .

At any rate looks like I am SOL, my Country is clearly heading down hill in the near and long term and my Wifes country is too.

You should've married a Filipina.

At's what I was thinking.

[w¡n9Nµ7 §£@¥€r 123]

There's still time. You aren't dead yet.

[Danno 1,228]

Poor USA, it's going to hell in a handbasket and it's all Obama and the Dems fault.

Obama and the Dems, I feel a song coming on...

how bout this one?

<You don't need a weatherman to tell you which way the wind blows>

My comments would have been the same had Johnny Mac got elected.

[slim 1,533]

Funny how this comes out only a day after it was announced Moscow bribed Manas AB away from the U.S. and forced us out of Kyrgyzstan. They had enough to give 2.1 Billion in aid so maybe things aren't that bad afterall.

However, my wife logged on to the computer yesterday and said a swear word. Top story was the Dollar is now fetching 36 Rubles. It's been pretty steady over the last year at around 26. Quite a jump in one day.

But, Russia is a country that will get really really crazy and then absolutely nothing will happen. Or all kinds of things will happen and then they'll go back to business as usual. Who knows what will really happen I seriously doubt they'll break up into any other countries though because almost all the places that wanted to break away have done so. Those that haven't still have too much oil and/or gas, gold, etc. to be "allowed" to go anytime soon.

Time will tell.....

[NickD 203]

I tend to put more weight in predictions that are made "before" events happen, not in the midst .

At any rate looks like I am SOL, my Country is clearly heading down hill in the near and long term and my Wifes country is too.

You should've married a Filipina.

Or the girl next door, wait, her country is also going to hell. Hoping and praying that Venezuela also breaks up and the people tie and feather Chavez, his main source of income is also going down the tubes. Then he gives the Russians four billion bucks to buy some crappy submarines, wonder if I could sell him a used car?

Is China still considering moving a half a billion people off the farms and jamming them into a way overpacked city to make ####### for Wal-Mart?

[almaty 19]

Feb. 5 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, said he won’t invest in Russia in part because the country is “unstable” and may break apart. He’s considering betting against the ruble.

“There’s a good chance Russia will continue to disintegrate into more than one country,” Rogers said in a Bloomberg Television interview in Moscow today. “Whenever empires have disintegrated throughout history, the reverberations have gone on for a long, long time.”

Russia’s economy is contracting for the first time in a decade after prices for oil, the country’s main export earner, plunged by two-thirds in six months. VTB Capital said today that its Russian GDP Indicator for January declined 4 percent, the steepest monthly drop since 1999.

“I am not optimistic about the continuous stability of Russia,” the Singapore-based investor said.

http://www.bloomberg.com/apps/news?pid=new...id=a4Tp4FNuFl30

Again? I am having a hard time remembering all the 'stans now!

why are you a 'stan hater?