Is Russia Signaling Defeat in It’s Economic War with U.S.?

posted by Ida B. Wells IV @ 0:42 AM
December 3, 2014

Russian-ruble-falls        Various theories as to what caused gasoline prices to lower across the globe flood the internet. But it could well be that U.S. leaders are ‘crazy like a fox’ in orchestrating oil price declines because it brings Russia to its economic knees.

AP reporter Nataliya Vasilyeva writes in ‘Russia Warns Of Recession In 2015 Amid Sanctions And Low Oil Prices’: “The Russian government has acknowledged that the country will fall into recession next year, battered by the combination of Western sanctions and a plunge in the price of its oil exports.

“The news caused the stock market to drop and pushed the ruble to a fresh record low against the dollar. Russian households are expected to take hit, with disposable income seen declining by 2.8 percent against the previously expected 0.4 percent growth.” This should cause Russians to reconsider Putin’s leadership.

But as Mark Zandi, chief economist at Moody’s Analytics, accurately predicts: “Russian President Vladimir Putin could respond to the economic troubles by trying to divert the Russian public’s attention with even more belligerent policies toward Ukraine and the West, raising tensions and perhaps rattling financial markets.” That’s Putin’s method of operation:  to divert attention from his failures always start a war.  And his ready-made war is in Ukraine.sanctions-war

Oil is Russia’s only viable international commodity.  It was that nation’s excuse for invading Crimea. But without profitable revenue from oil, Russia has few funds to finance its state run government or mail out its massive load of ‘welfare’ checks to unemployment, retired or other-wise nonessential workers.

However, Russia’s decline actually benefits the United States. Eric Lascelles, chief economist at RBC Global Asset Management, explains: “The U.S. is benefiting from the lower oil prices that are driving Russian toward recession, and the money being pulled out of Russia is being pumped into U.S. and European financial markets, helping to keep interest rates low.”

Another sign of Russia’s non-functioning economic system is its empty financial district.  New York Times reporter Andrew E. Kramer illustrates with ’In Moscow, a Financial District in Name Only.’  He pictures scruffy hobos living in a sky-scraper’s top floor, intended to house financial titans, and scores of official agencies trying to fill other empty buildings in what was intended to be Moscow’s proof that its state-run financial agencies could match those of capitalism:

“Moscow’s skyscraper district, formally the Moscow International Business Center, reflects the broader problems in the Russian economy. The country, facing broad-ranging financial sanctions and largely dominated by state-run companies, simply has no need for vast office spaces for stock traders, auditors and bankers.”

Eight more buildings are under construction to join these other empty ones.  Putin’s plan was world celebration of Russian socialism. Instead, Kramer says:  “But Russia’s tanks are now getting more international attention than its banks, leaving Moscow City as a $12 billion reminder of the nation’s economic woes.”

This could be God’s retribution: For years, Communists leaders commandeered churches for government buildings, restaurants, or any other secular use they wanted. Now these God-deniers have no usage for their own buildings. As wholesale Christian Bibles proves man cannot win a battle with God:

“I am Alpha and Omega, the beginning and the ending, saith The Lord, which is, and which was, and which is to come, the Almighty (Revelation 1: 8).”

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