21/02/2015

Moody has predicted bad times for Russia. Here is my view

Moody’s also said that Russia will experience a deep recession in 2015 and a continued contraction in 2016.

This seems to be the goal of the West but Europe does not understand that yet. The war in Ukraine is over and Russia does not want any more. There will be peace. Other problems will come into focus again. Mainly the West's economy. The debt problem is the main focus. Europe and the US will make it with no growth, no interest rates and deflation. Not until the six year bull market  has reached is final top and the big bear market starts. Then the West will also experience recession 2015 and continued contraction 2016. There will be no money left to stop that depression like in 1960 and 1990. The 2008 stock market crash did not become a depression because new money stopped that.

There is 30 years between depressions. If a depression does not come there will be a Great depression after 60 years. The last Great depression was 1930, but nothing happened 1960 or 1990. The year 2020 there will be 90 years without even a depression. This very long cycle has lasted for a very long time and has not stopped. The question is only how big can a depression become if it is more than a Great depression.

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