Economists and Investors Bearish on Russia in 20153
January 18, 2015 by JImbo
Russian Economy to Shrink 5.5% in 2015
They have the opposite problem we have.
We have a government boosting inflation and printing money. Meanwhile, interest rates are as low as they can go. (.25%)
Russia has DEFLATION and is boosting interest rates (17%). While this can boost savings (cutting the money supply and boosting the value of the ruble), it also makes getting loans extra-difficult for companies.
Savings Interest and Loans Interest are two sides of the same coin after all.
So, instead of investing in a bad market they are voting with their feet. They are fleeing the country for greener pastures.
Of course given OUR issues, they aren’t coming HERE either. Nor Europe.
They’re going to third-world countries where there are more business-friendly climates and improving markets.
Places not so dependent on oil prices perhaps…
Look how closely the Ruble value follows oil prices.
Not a coincidence.
Or that the price of scrap is rising.
“Comrade, how much do you think we could get for this old thing?”
Lets see how much they still support the Despot when the can’t get meat or toilet paper.
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IT TAKES A SKILLED PROFESSIONAL BY STEVE FINNELL
It takes a skilled professional to convince men that perversions of the gospel facts are true.
John 3:16 “For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. (NKJV)
It takes a skilled professional to convince men that salvation is not for all who believe in Jesus, because men do not have the free-will to believe. How is it possible to persuade some that God selects only a chosen few for salvation?
Mark 16:16 “He who believes and is baptized will be saved; but he who does not believe will be condemned. (NKJV)
It takes a master of deception to convince men that water baptism is not essential in order to be saved. No one could reach that conclusion without being convinced by a trained professional.
John 8:24 “Therefore I said to you that you will die in your sins; for if you do not believe that I am He, you will die in your sins.”(NKJV)
It takes a competent, skilled, deceiver to persuade men to believe that you can deny who Jesus is and still be on your way to heaven.
Romans 10:9 that if you confess with your mouth the Lord Jesus and believe in your heart that God raised Him from the dead, you will be saved.(NKJV)
It takes a professional deceiver to persuade men they can be saved without believing in the bodily resurrection of Jesus from the grave.
Acts 3:19 “Repent therefore and be converted, that your sins may be blotted out, so that times of refreshing may come from the presence of the Lord, (NKJV)
It takes a deceiver of certain skills to convince men their sins can be forgiven without repenting.
It takes a master of deception, a skilled professional to convince men the Bible is wrong and that their false doctrines are God’s gospel plan of salvation.
No man who is truly seeking God’s truth about salvation can read the Bible and reach these perverted conclusions alone. IT TAKES A SKILLED PROFESSIONAL.
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