Recent Featured Videos and Articles | Eastern “Orthodoxy” Refuted | How To Avoid Sin | The Antichrist Identified! | What Fake Christians Get Wrong About Ephesians | Why So Many Can't Believe | “Magicians” Prove A Spiritual World Exists | Amazing Evidence For God | News Links |
Vatican II “Catholic” Church Exposed | Steps To Convert | Outside The Church There Is No Salvation | E-Exchanges | The Holy Rosary | Padre Pio | Traditional Catholic Issues And Groups | Help Save Souls: Donate |
The Engineered Fall of the Russian Ruble
infowars.com Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” Natalia V. Akindinova, a professor at the Higher School of Economics, told the New York Times on Tuesday. “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.” “Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default becomes a real possibility,” writes Frances Coppola for Forbes. The Russian Central bank figured it could ride out the storm created by falling oil prices, but its efforts have proven insufficient.
Sign up for our free e-mail list to see future vaticancatholic.com videos and articles.
Recent Content
^