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Economy

IA8IT

(5,943 posts)

2. How Goldman Sachs profits from war in Ukraine

Reply to mahatmakanejeeves (Original post)

Fri Mar 11, 2022, 10:19 AM

Mar 2022

https://www.yahoo.com/now/goldman-sachs-profits-ukraine-war-004757561.html

As the Western world scrambles to defend Ukraine by locking down Russian money, the company is acting as a broker between Moscow’s creditors and U.S. investors, pitching clients on the opportunity to take advantage of Russia’s war-crippled economy by buying its debt securities low now and selling them high later, according to four financial world sources familiar with the strategy.

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Goldman Sachs sees the risk of US entering a recession [View all] mahatmakanejeeves Mar 2022 OP

That is what broke inflation in the 80s a major recession. nt doc03 Mar 2022 #1

How Goldman Sachs profits from war in Ukraine IA8IT Mar 2022 #2

Yup. Likely. Tomconroy Mar 2022 #3

And of course it will be Biden's fault. captain queeg Mar 2022 #4