Tuesday, September 16, 2008

Georgia's Revenge--Russia's Stock Market in Black Tuesday Total Collapse

Georgia's revenge did not take long to kick the leader of the Russian kleptocracy in the tukus. Today, September 16, is officially known now as BLACK TUESDAY as the RTS and MICX suspended trading at the OMG level of 889.66 -- the most humongous drop since the Russian meltdown of 1998. Good thing they stopped the meter there as by now Russian state legitimacy would be trading at zero. What happened? Imagine Georgia as the goose that laid the golden egg and guess what Putin ate?