Wednesday, September 17, 2014

RUSSIAN FINANCIAL INTRIGUE

Folks, this will end up with the Bear laying the paw on the Lion......
 
 It is very clear to me.
 
 
ETNR News Flash - On Tuesday, Russian officials warned their citizens to not panic over the battering that the Ruble is taking due to ongoing economic sanctions by the USA and the EU. The Ruble plunged to new lows this week as the East and the West continue to engage in economic warfare stemming from conflict over the fate of Eastern Ukraine. This comes as Russia is also reeling from falling oil prices. The Russian economy relies almost exclusively on oil exports to Europe.
The West has been hammering away at the Russian economy to try to prevent Russia from cutting off the flow of petroleum and natural gas as Europe enters its winter season. Russian citizens fear rising inflation but remain supportive of President Vladimir Putin's defense of ethnic Russians in East Ukraine. In late 2013, the CIA helped to overthrow the pro-Russian government of Ukraine and install a pro-Western puppet government.
But the West is playing a dangerous game. Russia can choose to retaliate and collapse the US Dollar by publicly disclosing its vast gold reserves and calling on China to do the same. Once the world can validate the massive reserves in Russian and Chinese vaults, it will be apparent that the US Federal Reserve has almost no physical gold in its possession. This will result in an international run on the Fed and the rapid collapse of the US economy.
The East will take a huge hit if the US economy collapses, but their gold reserves will keep Russia and China on the top of the pile - an outcome that is more preferable to Russia than to suffer its own collapse while the West gloats over Russia's demise.
These are days of intrigue and uncertainty - the likes of which the modern world has never seen.
- Jake

1 comment:

  1. If you look at Stanislav Mishin's Mat Rodina (Motherland) blog, he is actually advocating for Scotland not only to go independent but to join the Eurasian Economic Union. A far shot to be sure but quite interesting.

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