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Rumor Mill News Reading Room, Current Archive

Michael Snyder writes: The Economic Chaos Engulfing Russia Today Will Grip The Entire World

Posted By: NaturalWisdom
Date: Tuesday, 16-Dec-2014 18:57:39
www.rumormill.news/6241

In Response To: WWIII?? Foreign Exchange Currency Market (FXCM) Halts ALL Ruble Trading Worldwide; Currency Could be worthless (Susoni)

A Full-Blown Economic Crisis Has Erupted In Russia, The Nightmare That Is Unfolding Over There Is Just A Preview Of The Economic Chaos That Will Soon Envelop The Whole World
Michael Snyder
Investment Watch
Dec 16, 2014
http://bit.ly/13a3wwU

[snip]

The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is...

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.

FULL REPORT



RMN is an RA production.

Articles In This Thread

WWIII?? Foreign Exchange Currency Market (FXCM) Halts ALL Ruble Trading Worldwide; Currency Could be worthless
Susoni -- Tuesday, 16-Dec-2014 18:40:10
Michael Snyder writes: The Economic Chaos Engulfing Russia Today Will Grip The Entire World
NaturalWisdom -- Tuesday, 16-Dec-2014 18:57:39
Reader: Obama continues to dismantle US military Selling Army Humvees to US Public
Susoni -- Tuesday, 16-Dec-2014 19:07:55
SORCHA: Putin Orders Feared “Samson Defense” To Collapse US-EU Economies
NaturalWisdom -- Tuesday, 16-Dec-2014 19:47:54
Will China come to Russia's Rescue?
NaturalWisdom -- Tuesday, 16-Dec-2014 20:31:55
Reader: You can bet your ass that CHINA will support Russia and the other Brics countries will too
Susoni -- Tuesday, 16-Dec-2014 21:05:45
Surprise! Guess which currency has stronger fundamentals— the dollar or… ruble?
NaturalWisdom -- Tuesday, 16-Dec-2014 22:13:54
fwd: Bix Weir - "More FX instability = More need for a Gold Standard"
hobie -- Tuesday, 16-Dec-2014 23:56:51

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AN EXPLANATION OF THE FACTIONS