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by alec_kendall 2263 days ago
“This is the perfect time to top it up: prices are low and we’re engaged militarily in the Middle East. For once, Russia’s loss is our gain,” said Scott Nations, chief investment officer of NationsShares.” [0]

How would Russia’s loss, “For once”, be our gain? Considering the rival interests of Russia and the United States, it would seem that Russia’s loss is usually our gain. What am I missing here?

1 comments

I actually share your confusion but If I had to guess, Nations is thinking about the oil market specifically, where both US and Russia are exporters and would usually both benefit from high prices.