in ,

Former Assistant Treasury Secretary Dr. Paul Craig Roberts believes the drop in the ruble may be an attack by America [Video]

Hedge funds aka George Soros, currency speculators, and/or an act of war by America. PCR sounds off on the current ruble crisis and how he sees things play out.

Via USA Watchdog:

Roberts contends, “It is not a currency crash in the sense there are no economic reasons for the ruble’s fall. Unlike the United States, which has a massive trade deficit, and if the currency markets were not rigged, the dollar would be collapsing, the Russian economy has a trade surplus. Therefore, there is no pressure on its currency for economic conditions.”

Dr. Roberts goes on to say, “This is not some independent action of market forces. So, it’s either hedge funds, currency speculators like Soros, or it’s an Act of War on behalf of the United States government by the Federal Reserve or the Exchange Stabilization Fund…or possibly both hedge funds working with the federal government.”

Manipulating the markets, any market, is supposed to be illegal, but don’t count on the bankers going to jail. Dr. Roberts, who has a PhD in economics, thinks, “The big banks, the big Wall Street money, are essentially agents of the government. This is why they don’t get prosecuted. This is why they can break all kinds of laws, commit felonies and settle with a fine. This is what we’ve been watching in the financial arena. When these financial gangsters are caught, instead of being indicted and put on trial, they pay money.”

How could the Russians retaliate? Dr. Roberts says, “If the Russians wanted to do payback, it’s very easy for them. The next time all of these contracts, paper gold contracts, are dumped on the futures market, the Russians need to go and buy them all up, then demand delivery because there is no gold to deliver. The whole system would collapse. So, the Russians could cause a gold squeeze here anytime they want. . . . They would blow the system wide open because they can’t make delivery.”

References:

http://usawatchdog.com/is-ruble-collapse-act-of-war-paul-craig-roberts/

Liked it? Take a second to support The Duran on Patreon!

Report

What do you think?

34
Leave a Reply

avatar
34 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
12 Comment authors
anani siktigimankara kevasesi necat aktasorospu cocuguyumsekis izleben bir orospu cocuguyum Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
sarinafa
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

CitoyenneduSud
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

Vuesionist
Guest

@redpilltimes It is!

tcburnett
Guest

@redpilltimes What does he mean “MAY BE”?!?!?

CitoyenneduSud
Guest

@redpilltimes Unlike the USA, which has a massive trade deficit, and if the currency markets were not rigged, the $ would be collapsing,1/2

CitoyenneduSud
Guest

@redpilltimes 2/2 the Russian economy has a trade surplus.

morganknecht
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

ACheinine2012
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

ACheinine2012
Guest

@redpilltimes of course ! And from Luxembourg

chuigh5
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

EMILEBINCA
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

PPimp_En
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

PriscillaJudd
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

minuszerodegree
Guest

RT @redpilltimes: Former Assist Treasury Sec. Dr Paul Craig Roberts believes drop in #ruble may be an attack by US [Video] http://t.co/xNg…

SkeletorB12
Guest

Drop in the ruble may be an attack by America: http://t.co/4jwjchw7jh #dkpol #nopol #svpol

Unbelievable but true: Students in Cyprus are protesting against the high cost of state schools, which are free

Tom Leykis Show: Men Quit On Dating Women