I don;t know really how much this matters in this context, but FWIW Russia exports almost nothing to the US. Russia/US trade is less than Russia/Finland trade.
--- Doug Henwood <dhenwood at panix.com> wrote:
>
> You may be right - though the Russian economy is
> still heavily driven
> by oil prices, and if oil prices continue to come
> off their highs,
> they may have a problem. But how much are China &
> India dependent on
> exports to the U.S.? Sure they might be able to
> shift to domestic-led
> growth, but it'd be a rough transition that could
> take years. And
> Brazil - it's been growing under 3% a year on
> average since 2000,
> though it picked up in 2006 and 2007. But still it's
> not in the same
> neighborhood as I & C.
>
> Doug
>
>
>
>
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