Yeah. The average Ivan is attempting to take their money out of the Ruski banks and buying hard goods with their Rubles, e.g. washing machines, refrigerators, sowing machines, clothes, etc.
Maybe APX can talk more to this however what I have read of late; This typically is the start of a MAJOR collapse. The people know it and are acting before the hammer comes down.
I have also heard that folks are turning
P into US $ which might be good for the short term but bad for the long term. Putin has also put a moratorium on private purchasing of PM's (Precious Metals) in Russia not unlike Pres. Franklin in the mid '30's. Mmmm....Yet Russian .gov is buying any and every ounce they can get their hands on.
I AM NO economic scholar here and would appreciate someone stepping into that roll for this discussion BUT...What happens if Russia totally collapses like happened in the '90's? Heck our national debt is 3x's what it was then not to mention our unsecured debt is in the $100T range.
War - Former soviet block countries...Middle East?
EU Collapse which will lead to a US collapse? Did I point out our $18T national debt and $100T unsecured debt liability?
Small crap like internet attacks... Localized terrorist attacks... Grid failures... Failure to deliver natural gas to the EU? Turning in US bonds that are backed with gold for... Gold?
Let your mind wander and think about who will benefit if some/all of the above happens. Follow da' money..........
Oh and for kicks and giggles lets add to the equation the up and coming fight in Washington DC between the three
equal branches of the government.
Oh, my local supermarket is advertising ground beef, on sale, for $5.29 a pound.
Stay tuned...
