Russia is now faced with another possible huge devaluation of the ruble.

While some still say that nothing has changed, the crisis is evidently imminent, and whether it is going to be a major fall in the value of the ruble or just a small percentage downslide, either way, it is going to spell doom for the already cringing economy.

The early years

In the initial years there were very few Soviet people who had dollars – in fact, possessing foreign currency was illegal.

All the Soviet diplomats, scientists, actors, etc who traveled abroad and earned foreign currency had to exchange it upon their return.

And the exchange is not for rubles!

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All of us are aware that the economy is currently in turmoil – the deficits in budget are on an ever-spiraling growth curve, mortgage payment defaults are continuously on the rise, spending power has drastically decreased!

Experts say that all these financial implications and economic issues have contributed towards the precipitation of results in the recent presidential election.

Now that the elections are over, are the financial burdens going to be removed pretty soon?

Mr. Obama is now faced with numerous issues, all of which threaten further weakening of the economy.

Would he be able to address all of them at the right time?

What are the priorities?

Let’s take a close look at various issues that we are all faced with now, directly or indirectly.

We have witnessed the continuous dip in housing and unemployment is projected to further increase by over 8 percent.
Due to this, majority of the consumers are already putting their wallets aside – just consider what happened in your thought process when you were at the supermarket recently.

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By Corney Vanhelden

What I’m talking about here are currency zones: geographic areas that use a specific currency for most financial transactions.

Did you know that in the world today there are four major currency zones? Those zones and their respective currencies are as follows:

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Russia – ruble

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China – renminbi (yuan is the unit of transaction)

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Europe – euro

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USA – dollar

Once upon a time, the dollar was the strongest currency, the one that “backed” other world currencies. But those days are changing, and changing fast. As the value of the dollar drops, its desirability drops as well, and as a result, other countries are not so anxious to invest in it. Today it still remains the top currency but it may not be long before it is surpassed by — that is precisely the question. Now for a brief look at the other top three.

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Understandably, people everywhere are feeling that the old paradigm has let them down. They worked hard for years and years in order to create some security for their senior years and for their children and now they see it melting away. They are losing their jobs, their homes, their pensions and savings. They feel angry and betrayed about the American Dream having been shown to be just that - a dream.

Is this how you are feeling? I don’t blame you. You are entitled to be angry and, as usual, I encourage you to feel it. There is no doubt that the future looks very bleak for many of us. That is, unless we begin to see it differently. How?

Well, how about putting a new paradigm to the test? After all, what better time than now to try embracing the possibility that you can attract money to you through the Law of Attraction using the technology of Radical Manifestation?

In previous articles I have said that you can either stay transfixed by the apparent reality of the situation and remain a victim of it, or you can see it differently and rise above it using Radical Forgiveness. Well, now that it’s come down to issues of everyday financial survival, you have a similar choice. You can either struggle with whatever financial misfortune strikes, if it should happen, and do the best you can in the circumstances, or you can once again rise above it by shifting your belief system.

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