Governments with mountains of debt are resorting to tax hikes and austerity policies.
All pensions are threatened…
Belarus has twisted the knife into Moscow as the ruble continues to plummet.
“Minsk has demanded payment for future transactions in dollars or euros rather than rubles, according to state media agency Belta. ”
Belarus blocked online stores and news websites Sunday, in an apparent attempt to stop a run on banks and shops as people rushed to secure their savings.
“”The defense ministers of Kazakhstan and Belarus have approved a plan of cooperation for the next year.
The document defines the further steps to enhance cooperation in military and military-technical spheres, as well as in education and training areas.
Imangali Tasmagambetov and Andrei Ravkov believe in the need to strengthen cooperation in the defense sector.”
“America” for a lack of better term “stood (notice past tense) for truth, justice, and free/fair markets.” This along with our rule of law, stable political system and strong military was the reason that foreigners preferred to invest here rather than anywhere else. It “was” always perceived that investors could get a fair shake in the U.S. and not have to worry about political coups, fraud or graft, shady financial reporting or outright financial theft. We were the “beacon” of truth and light when it came to investing.
The proof of, admission of or discovery that our markets are manipulated, rigged, supported or suppressed would change this perception.
“The more they try to impose sanctions, the more Putin will be seen as a national hero and the more hatred they will brew between the Russian people toward the West.”