Trends in the news – Poking the Russian bear for Xmas

A Full-Blown Economic Crisis Has Erupted In Russia

“Sales of oil and natural gas account for approximately two-thirds of all Russian exports and approximately 50 percent of all government revenue. So it should be no surprise that the fact that the price of oil has declined by almost 50 percent since June is absolutely catastrophic for the Russian economy.  And when you throw in international sanctions, wild money printing by the Central Bank of Russia and unprecedented capital flight, you get the ingredients for an almost perfect storm

“So far this year, the Russian ruble has fallen nearly 50 percent against the U.S. dollar.  That is a monumental shift.  And as the collapse of the ruble has accelerated in recent days, we are seeing scenes in Russia that are reminiscent of the Weimar Republic

Read the report here http://www.zerohedge.com/contributed/2013-02-08/currency-wars-often-lead-trade-wars-which-turn-can-devolve-hot-wars

First comes the currency war

Then comes the trade war

Then comes WW3

GET PREPARED!!!

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