Because of sanctions and dropping oil prices, Russia’s economy is in tormoil as the ruble continues to plummet. In fact, Russia may be forced to sell their gold from their reserves as China and India are ready to take it off their hands. Or an alternative, Russia could just sell some nukes to Iran and make John Kerry’s job easier?
Euro Crisis Deepens
Although it was anticipated, the Eurozone debt crisis is repeating itself again. The euro experiment will fail because there is no sound way to have divergent economies using the same currency and no amount of printing or games can change what will happen to this boondoggle. The German economy has emerged as the bankroll of last resort; however, how long before they are looking for the door?
It was believed that the disposable…
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