HERE IS A VERY INTERESTING ARTICLE. IS THERE TRUTH here?? The Russian ruble fell a further 7% Monday. What is the “reason” cited in the Corporate media for this latest, further plunge in its “value” (i.e. exchange rate)? An “economic report” which shows that Russia’s economy is shrinking. Here we see the pattern of the economic terrorism perpetrated by the One Bankexposed. In 2010; the One Bank decided to destroy the economy of Greece. It did so for several reasons. It wanted to “make an example” of Greece for all the other European governments to see. This was deemed essential when (tiny) Iceland successfully broke-free of the control of this crime syndicate after the Crash of ‘08, and reclaimed its own sovereignty. It was not about to allow other European governments to follow that example, and begin to assert their own independence. It also wanted to test its market-rigging capabilities from merely manipulating markets in order to destroy particular economic sectors, or corporations, to full-fledged economic terrorism: destroying nations(economically) with illegal market-rigging on a scale never before witnessed. Its modus operandi has been described in more detail previously, so the mechanics will only be summarized here. In the case of the attack on Greece, because it shares a currency with other European nations; the One Bank could not use currency-manipulation as its tool of destruction (as it is presently doing against Russia). Instead, it launched its economic terrorism at the debt market of Greece. With India, when the One Bank was desperate to blackmail India’s government into blocking gold-imports into that nation, it did use an attack on India’s currency. As India’s currency fell in value, we were told (by the Corporate media propaganda machine) that this was because of a rising “current account deficit”. Now, once again, we see the same pattern with the economic terrorism of the One Bank. It began with a sudden attack on the ruble, for more (fabricated) “reasons”, all conveniently supplied by the Corporate media. While a plunge in oil prices supposedly “devastated” Russia’s economy; in the U.S. – land of the mythological shale-oil “boom” – it claimed to have experienced its largest quarter of “economic growth” in 12 years. However, after fabricating the original “reason” for the ruble’s decline, from that point onward (as with Greece, as with India) the economic terrorism itself became its own “reason” for further declines in the ruble. Obviously if the currency of any nation is (suddenly) cut in half in value this will cause an economic contraction. The reality is that we are seeing nothing more with Russia’s “currency crisis” than a self-fulfilling prophesy (of economic terrorism). The more the One Bank attacks the ruble, the greater the damage to Russia’s economy, causing the drones of the Corporate media to claim that the ruble “deserves” to continue falling still lower. Meanwhile, a comparison of the economic fundamentals of Russia and the U.S. make the existence of this economic terrorism crystal-clear. As recently noted by Simon Black; Russia’s financial system is ten times as strong as that of the U.S. (in terms of the reserve ratios of its banks). Furthermore, its national interest rate is at 17%, while the (ultra-fraudulent) U.S. interest rate is permanently frozen at 0%. In any rational/legitimate world; the exchange rate of the two nation’s currencies would be precisely reversed. Indeed, as regular readers are already well aware; the U.S. government has already hyperinflated its own currency. We’re not seeing “a currency crisis” in Russia’s economy. Rather, we are witnessing the most-extreme manifestation of economic terrorism yet perpetrated by the One Bank. And it’s continuing to get worse. zerohedge/news/2015-01-07/economic-terrorism-against-russia-intensifies
Posted on: Sat, 10 Jan 2015 06:18:26 +0000
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