Well, this is not good…

So coupled with the case of sudden Jihad syndrome out of Australia, we have something that is considerably concerning and interestingly not being advertised well within the news.

Last night Russia increased interest rates to 17%. Yes, those rates are Jimmy Carter era rates. Now why would they do something like that? Well here it is in graphical form:

Snapshot as of Dec. 16, 2014 0716 Pacific Time

Snapshot as of Dec. 16, 2014 0716 Pacific Time

The link will take you to the current Kitco rates. That’s right folks the Russian Ruble has damn near lost half its value in 30 days. There is a bunch of very interesting things if you think about it, and none of it comforting. Be ready cause winter is coming.

It is becoming apparent that the majority of the world has been printing money at a rate faster than the US and the US is making Zimbabwe look like thrifty spenders. How is that for “mental comfort”.

Barron is the owner, editor, and principal author at The Minuteman, a competitive shooter, and staff member for Boomershoot. Even in his free time he’s merging his love and knowledge of computers and technology with his love of firearms.

He has a BS in electrical engineering from Washington State University. Immediately after college he went into work on embedded software and hardware for use in critical infrastructure. This included cryptographic communications equipment as well as command and control devices that were using that communications equipment. Since then he’s worked on just about everything ranging from toys, phones, other critical infrastructure, and even desktop applications. Doing everything from hardware system design, to software architecture, to actually writing software that makes your athletic band do its thing.