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Russia: How long until the economy cracks?

Russia generic

Russia is skating on thin ice: Cheap oil, Western sanctions and years of mismanagement have sent its economy into a deep freeze.

Now everyone is wondering when the ice will crack.

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whatMandate1

Credit ratings these days are rarely legit these days. They do have a temporary effect when used in Economic warfare.

That can however backfire. $18Trillion in Debt and growing while never solving the massive problem of $700Trillion plus in Global Counter Party Derivative risks. All cooked up by the Fed and the TBTF/TBTJ Global Banks. Yet all we hear about is Russia and Greece.

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mitchgam

Backing anybody into a corner is never a good idea, even the weakest  can like a cornered mouse turn on its attackers in desperation.

With a military let alone nuclear  power like Russia that desperate turn, could be devastating. 

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GeorgeXVX

Putin opened the Pandora box that includes military activities. Should Ukraine receive military aid, that will overflow Putin’s economic box and Russia goes under.There is a lot of controversy regarding the effect of a military aid, but it came to light that there are “partisans” behind the “separatists” lines that are causing havoc. No one expected that.

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