Co-authored by William Witenberg a contemporary artist focused on abstract painting
The world is undergoing a wave of change. The world is seeing negative interest rates in European countries, the dollar is rising at a disturbingly fast rate, and most significantly, deflation the magnitude of which the world hasn’t been seen in decades is here. Russia also has to worry about its economy free falling into a deflationary graveyard. The price of oil, the ability to export, and the declining ruble spell nothing but difficult times ahead for the Russian Economy.
The chart above created by Thompson Reuters, Amp Capital shows …read more
Source: The Huffington Post
