Road to Depression

Amerikan citizen employment levels still below 2007!

on .

Illegal immigrant working levels are up since then.

WASHINGTON (PNN) - December 19, 2014 - Illegitimate dictator President Barack Obama recently announced plans to illegally give legal status and work permits to millions of illegal immigrants. The Fascist Police States of Amerika continues to admit over one million permanent legal immigrants a year, and many members of Congress and the illegitimate dictator president continue to support efforts to further increase immigration.

Russia defends ruble with biggest rate rise since 1998!

on .

MOSCOW, Russia (PNN) - December 16, 2014 - Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy.

In a surprise announcement just before 1:00 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17% from 10.5%, effective today. The move was the largest single increase since 1998, when Russian rates soared past 100% and the government defaulted on debt.

Moody's downgrades Russia debt!

on .

NEW YORK (PNN) - October 17, 2014 - Moody's downgraded the Russia's debt by one notchFriday, citing the ongoing conflict in Ukraine, capital flight, andfalling oil prices. The debt rating is now Baa2, just two notches above "junk" status.

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