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Saturday, May 3, 2014

Reuters - Some U.S. companies starting to feel pain from Ukraine crisis - 30 April 2014

Is it really surprising that some of our companies are starting to feel the pain of Russian sanctions. Ford might come as surprise to those who are blind enough to believe they need to "buy American" (most of its production plants are in Russia - but don't think GM is any better, they used their bailout money to help create more jobs in the rest of the world, not here)

In addition, Russia is starting to think about kicking all our brands out.

Gun companies are doing great, but I was a little surprised at the Pepsi results. Hmmm, maybe Pepsi is a key ingredient in petrol bombs? Whatever the reason, if Russia kicks American companies out, it won't feel too good over here. Pepsi and gun companies are not going to carry the American economy.

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