President Putin's Growing Gas Insanity |
| September 29, 2012 | September 2012 Bond Updates |
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Einstein once said the definition of insanity ‘is doing the same thing over and over again, and expecting a different outcome’. By most counts, that makes Gazprom and President Putin, pretty insane. They’ve spent the last decade trying to sell gas into China, and repeatedly failing to do so by sticking to the same old pricing grounds: no matter what Moscow says, China won’t pay oil indexed prices for Russian gas. How many times Putin needs telling before the penny drops, no one knows… |
| View more at: http://www.forbes.com/sites/matthewhulbert/2012/09/29/president-putins-growing-gas-insanity/ |
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