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RE: Economics - US record amount credit card debt, Russia to clear Soviet debt end of the year?

in #economics7 years ago

Very good exposure. For those of us who follow from Europe and have a certain perspective we have been observing the change in the trend of world power. As for Russia, even if the media tries to prove everything they do. They have been reducing debt for years, which we can not say either from the European Union or the USA. As for the crops, Russia is going to go through serious problems like the Eastern European area in the following years. As all empires when they reach these levels of debt and public spending are at serious risk. We will see in what new mess it brings into the world the armed wing of the Federal Reserve to cover the economic disaster that many already see just around the corner.

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The current crop lost is due to sudden cold spikes, its been happening for few years now. Few countries are dealing with this, including Russia. Picture from @adapt2030.

Yes, exactly. The different scientific studies that I present in my blog The little ice age go along the same line as that YouTube channel. He is doing a great job exposing a lot of climate data that does not appear in the media.