A Russian Collapse Will Just be a First Domino in a Worldwide Conflagration!

• A Russian collapse will just be a first domino in a worldwide conflagration! 
  by http://www.theburningplatform.com/ 
  The American MSM is cackling at the collapse of the Russian ruble and the Russian stock market. They seem to think Russia’s loss is an American win. They are too myopic to realize a Russian collapse will just be a first domino in a worldwide conflagration. The collapse in oil prices is mainly due to a collapse in worldwide demand because we have entered a global recession. No one wins in a global recession. Central banks have shot their load. The debt binge has failed to cure a disease caused by too much debt. Deflation has taken hold and will ravage the debt laden countries. The pain is just beginning.
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  As a reminder – Russian debt to GDP is 20% and they still have hundreds of billions of barrels of crude oil under their land. The US has debt to GDP of 103% of GDP and shale that is worthless unless oil prices are above $80 per barrel. Oil is currently $56 per barrel. Are we really winning?
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  The wildcard in this is Putin. The faux journalists and toady politicians think he will back down, leave the Ukraine, and bow down to Obama. Really? Not a chance. He is more likely to launch tanks into the Ukraine and see if Obama and NATO have any balls. Obama is an amateur with 40% approval who will not be able to accomplish anything in the last two years of his failed presidency. If he pushed Putin too hard, the unintended consequences may end up being a major chapter in a future history book.
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  The sheep are busy preparing for Christmas while tweeting, texting and facebooking to their heart’s content. They have no idea they are being led closer to the slaughterhouse.
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