Read what you will into Sorcha Faal's latest article.

Putin Orders Feared “Samson Defense” To Collapse US-EU Economies
Dec 16, 20114
http://www.whatdoesitmean.com/index1825.htm

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A chilling report published today by the Ministry of Economic Development (MED) is warning of potentially “catastrophic unknown consequences” relating to President Putin’s issuance to the Central Bank of Russia (CBR) of orders to initiate what is commonly known within the Kremlin as the “Samson Defense” designed to crash the Russian ruble, while at the same time insuring the economic collapse of both the United States and European Union.

The CBR’s “Samson Defense” is a Russian monetary strategy designed to economically mirror Israel’s feared “Samson Option” deterrence strategy of massive retaliation with nuclear weapons as a “last resort” if military attacks threaten its existence.

In Putin’s action against the US-EU, this report says, the CBR’s stunning move earlier today in raising the interest rate to 17% from 10.5% has had its desired consequence as the ruble plunged more than 20% and to date and has now lost about 57% of its value versus the US dollar since the start of the year, which exceeds the 36% plunge related to the 2008 global economic crisis.

Most importantly to note about this currency plunge, however, this report notes, are that Russia’s fiscal domestic accounts are denominated in depreciating rubles and its oil exports are invoiced in an appreciating US dollar, meaning that the fiscal blow from lower oil prices will be cushioned by a weak ruble, and was a strategy that Putin warned about earlier when he stated that the Federation was braced for a “catastrophic” slump in oil prices.

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To the ability of the Federation withstanding a “Samson Defense” economic war against the US and EU, this report says, it should be noted that the current debt of the US stands at a staggering $18 trillion [an amount so large it is now mathematically impossible to ever pay back] while the EU is, likewise, at a equally staggering amount of €12 trillion ($15 trillion).

Compared to the combined US-EU debt of $30 trillion, this report notes, Russia has only $678 billion in foreign debt, has very little outstanding debt and its public debt to gross domestic product ratio is 10% - an excellent figure compared to the EU’s dismal average ratio of 90.9 and the US’s 71.8%.