Thursday, December 18, 2014

Free Fall of the Ruble – A brilliant ploy of Russian economic Wizards? Who’s chess game?

NOTE:  I HAVE UPDATED MY ARTS AND CRAFTS PAGE WITH SOME HOMEMADE CHRISTMAS GIFTS...CLICK ON THE LINK ABOVE AND ENJOY!!!


UPDATE:  December 19, 2014  Checkmate: Is Russia Selling Oil For Gold?

UPDATE:  December 18, 2014  Here's another good analysis of Putin's press conference by Pepe Escobar
 
 
 
 

St George's Ribbon
 
Free Fall of the Ruble – A brilliant ploy of Russian economic Wizards? Who’s chess game? 
 

http://vineyardsaker.blogspot.ca/2014/12/free-fall-of-ruble-brilliant-ploy-of.html

by Peter Koenig
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Putin gave a marvelous press conference last evening.  Folks who yearn for freedom all over the world listened and exalted in his message of hope.  The Putrolls in the western M$M, on the other hand, were set back on their heels reeling as they desperately tried to negatively spin his "tour de force" open press conference.  Putin relaxed in a chair close to the audience and for more than three hours had one-on-one conversations "off the cuff" (not a teleprompter in sight) with the questioners...from all segments of society....on all issues related to Russia and the international community.

Seeing this headline in Vinyard of the Saker this morning...I thought it coincides with my first reaction to the plunge of the ruble.  The Canadian dollar has always been extremely volatile vis a vis the American dollar.   Canadian business people invariably get worried when our dollar goes above the American dollar... because it hurts our export market.  Here, Russia is getting a huge boost to its export markets...in addition to the benefits described by Peter Koenig.

Putin's playing chess against the Western cabal's checkers and it's starting to be a fun game to watch.

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