Tuesday, December 23, 2014
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.”
“Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default becomes a real possibility,” The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas.
The U.S. and European sanctions against Russia will become more severe and crippling in the face of drastically falling oil prices – prices which are falling drastically because of the unprecedented boom of shale gas fracking both domestically in the U.S. and abroad in Ukraine and other locales. The oil & gas giants like Chevron and Exxon Mobil have created revolutionary conditions with now direct consequences on U.S. foreign policy and global war for dominance.
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union. Financial Class Using Oil Weapon to Tame Russia The economic war waged against Russia by the financial elite and their partners is having a concrete and catastrophic effect.
“In recent developments, it became clear that economic warfare is the main weapon used by the Transnational Elite, (TE- i.e. the network of the elites based mainly in the G7 countries which run the New World Order of neoliberal globalization), to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela,” writes Takis Fotopoulos.
It is not happenstance that Ali bin Ibrahim al-Naimi, Saudi Arabia’s Minister of Petroleum & Natural Resources, and the most influential voice within OPEC, decided to set in motion the price free fall now battering the Russian economy. On Saturday, December 13th, Russian media reported that U.S. President Obama evidently can’t wait to sign the congressional authorization for war against Russia (which has already been passed in draft form by 98% of U.S. House members and 100% of U.S. Senate members), and that he is already shipping military supplies into Ukraine for use against Ukraine’s ethnic Russians that the Ukrainian Government is trying to eliminate. asset property bubble end times jsnip4 montegraph rawdogletard
The popular Russian website “Colonel Cassad” reports that the reason why Ukraine’s airports in Zaporozyhe, Kharkov and Dnepropetrovsk mysteriously shut down for other traffic on Saturday was to unload weapons-shipments from the U.S.
terminating the circulation of USD in Russia If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies.
accounts will be frozen and cash dollars levied by police, customs, tax, border, and migration services confiscated. At the same time, Russia has just given up its bid to build a South Stream pipeline to bypass Ukraine and has been accused of covertly funding anti-fracking protests in Romania, Ukraine and other areas in the hotzone of the Eastern Europe proxy war over natural gas. In November, Michael Snyder wrote about the Russian military and its recent technological developments and how it is preparing for a showdown with the West, including the possibility of nuclear war. Moscow is going on a huge shopping spree for weapons and military equipment.
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Blah blah blah! American bullshit. America has a huge balance of payments deficit it has 200 trillion unfunded liabilities and looks to raise the debt ceiling every year for the government. Russia has a surplus on its trade balance, a surplus of reserves to keep it going for 2 years and a government account in the black.
ReplyDeleteOn the other hand America is way past bankrupt and keeps afloat using fraud and threats of violence to other people. The most fraudulent and most bankrupt entity ever seen on earth is still full of arrogant crap and its moronic population still regards itself as "exceptional". The only thing "exceptional" thing about them is their arrogance and moronic stupidity.