Russia’s RTS Ends Worst Year Since 1998; Gazprom Tumbles , page 1

Russia’s RTS Ends Worst Year Since 1998; Gazprom Tumbles

www.bloomberg.com

Dec. 31 (Bloomberg) -- A 72 percent drop in the RTS Index made Russia the worst index among the world’s 20 biggest equity markets this year and gave investors in the country their biggest losses since Russia defaulted on its debt 10 years ago.

OAO Gazprom dropped from being the world’s third-biggest company to 47th, and other stocks slumped amid falling oil prices, capital flight following the August war with Georgia and forced selling by investors and billionaires.

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This economic crisis has greatly damaged Russia's economy. Perhaps worse than other countries. Most stock exchanges lost between 40-50% last year while the Russian stock exchange (RTS) has lost over 70% in only 3-4 months time.

Often I've had the thought that this entire economic collapse is a set-up.

03-22-2008, 04:22 AM

He told me that there is an actual plan as to when the economy will completely crash. As of right now he said it will happen in the middle of sept of this year. Also he said that our Government will crash in Feb of 2009.

www.city-data.com...

Ask yourself what would happen to the huge foreign currency reserves of Russia (in Dollars) and the US t-bonds China owns worth over 1 trillion, if they would make the Dollar collapse and other emerging superpowers. The entire oil trading system is based on the Dollar.
Surely, it would hit the Western world too, but would it cause as much damage as it would damage emerging super powers.

Oil demand would suddenly decrease so much that oil could reach 10-15 USD, greatly damaging Iran and Saudi Arabia. China, which has heavily invested in infrastructure for export purposes would in all of the sudden lose major export markets. Russia, which hasn't been swift enoguh in diversifying its economy would only sell tiny amounts of oil and gas in comparison to now.

What if this is a mastermind plan from Bilderberg and this is part of a plan to minimize the power of the rising superpowers which could threaten US dominance? Perhaps everything is fully controlled and soon after the US Dollar collapses a new currency will indeed be implemented?

www.bloomberg.com
(visit the link for the full news article)

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[edit on 1-1-2009 by 12m8keall2c]