END TIMES PROPHECY

(Written by Matt Ward)

 There is a multi-spectrum war currently being waged by the West and the epic enter is Moscow.

Vladimir Putin has in the past decade spent billions of dollars that the Russian economy does not have modernizing his military, especially his nuclear arsenal and military command and control structures.

This was fine as long as the price of oil remained stable as 70% of the Russian economy is based on oil. However, in order for the Russian economy to break even it needs to sell oil at a minimum price of $109 per barrel. Today it is being sold at under $50 dollars per barrel.

(Written by Matt Ward)

There is a perfect economic storm rising in Russia.

Seventy percent of the Russian economy is dependent upon oil. In order for the Russian economy to break even they need to be able to sell oil at $109 per barrel. Right now the price is $59 per barrel. Despite Putin recently winning: Russian Man of the Year for the 15^th straight year, he is in big trouble.

The one major failing of Putin since he came to power is that he promised the Russian people he would diversify the Russian economy and wean them off their over reliance on oil. He has failed to do so and this failure is now coming back to haunt him.

Now, because of competition between OPEC oil producers in the Middle East and the United States over American Shale production, OPEC has increased the amount of oil produced each day and reduced the price of the oil per barrel. Their intention is to flood the oil market with really cheap oil and therefore kill off the U.S. shale market, which has considerably higher costs per barrel in terms of production. This has crushed the Russian oil price index.