Bloomberg Reports:
While discussing how bad recent economic data looked globally in the lead up to an expected fed rate increase next month, Jack Rivkin said the following in an interview with Bloomberg.
“The biggest worry amidst all that’s out there is Russia.”
We could see Russia do some things that are surprising
We could see Putin do some things that would NOT be expected geopolitically to divert attention from what’s really happening
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The Financial Times Reports:
“The level of capital outflows that we are seeing now are double what we saw during the 2008 crisis”
‘We are not calling this a crisis – yet.’
“Emerging markets have lost almost $1tn of capital in the past 13 months, fuelling concerns”
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The Centre for Research on Globalization Reports:
It was said after the last financial crash that “no one could’ve seen it coming”. This was not so back then and is not so today.
If you were looking for the truth in 2007, the average investor had ample warning from many sources of what was to come.
The warnings are now much louder and coming from mainstream and even “official sources”.
After the biggest financial and social crash in history occurs, “they” will say you were warned! Who are “they” and how exactly were we warned?
In the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) – have been issuing warning after warning.
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The Business Insider Reports:
You know things are getting really bad when Sergei Lavrov blows his cool.
The Russian foreign minister is usually smooth as silk in public, shamelessly and effortlessly twisting, spinning, distorting, and lying on behalf of Vladimir Putin’s regime.
But this week, Lavrov was caught on camera — and on mic — sputtering a string of expletives during a joint press conference with Saudi Foreign Minister Adel al-Jubeir.
It’s unclear what sparked Lavrov’s odd outburst — and it doesn’t really matter. The fact that it happened is a sign of the times.
The past couple weeks have witnessed a series of incidents that suggest that all is not well in the Kremlin elite.
Russian customs and health officials have staged quasi-ritualistic burnings of European cheese and other foodstuffs, as well as of Dutch flowers.
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