In the news today they are talking about the fact that Russia will borrow $7 billion on foreign markets with US dollar-denominated Euro-bonds during 2013. This is because they are predicting a budget deficit of 0.8 of a percent for the 2013 budget…
Okay I then looked around and saw this:
In 2010, Russia took out Euro-bonds worth $5.5 billion for the first time after a 12-years of not taking any money. Then in 2011, Russia did not borrow any Euro-bonds and in 2012 it is predicted to borrow $7 billion total in external borrowings…
Have you taken in what was just said above?
If you are from the Western World and feel a little bit overwhelmed with the trillions and trillions of borrowed money being thrown about all over the news. Then stop and grab a cup of coffee and think about how many countries in the world literally do not borrow money, nor have hardly any debt…
Then to top it off we are literally the only ones (The Fed!) which is buying or bonds. That is a whole bunch like using a “visa card to pay your visa payment.”
It just does not work…
Try looking it up on the internet! What you will find will surprise you and there is so many ways to be in debt that it is scary. The scariest issue is derivatives and I have heard Ron Paul talk about this issue and what he says should make you cringe…
9 Biggest Banks’ Derivative Exposure – $228.72 Trillion… >>>
We should be very scared and you should be trying to understand it and we should be doing something about it…
Kyle Keeton
Windows to Russia…
Video: The $1.5 Quadrillion Dollar Derivatives Crisis, & Growing…
Hmm…
Related articles
- Why Do I Publish Windows to Russia? (windowstorussia.com)
- Russian bonds flying off the shelf (rbth.ru)
- Treasury Scarcity to Grow as Fed Buys 90% of New Bonds (bloomberg.com)
- The Times’ bizarre economics (newstatesman.com)
- Russia: Debt Reduction Priority for G20 Nations (news.windowstorussia.com)
- The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies (thesurvivalplaceblog.com)
- This is Driving in Russia: No Really it is… (Video) (windowstorussia.com)