Is America Bankrupt?

Life in Russia

The yield on the U.S. ten-year treasury dipped below 1.40% this morning, the lowest in recorded history. Why does money continue to flow into this perceived “safe haven?” Is America really financially stronger than the rest of the world or are we bankrupt? To illustrate, allow me to introduce, “The Satirical World of Bob.”

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Bob was an articulate, charismatic guy with a decent paying job. He did, however, possess a penchant for the good life and was motivated enough to do whatever it took to achieve it. When his first credit card application arrived in the mail – along with the normal circulars and other advertisements – he quickly grabbed a pen, filled it out and sent it in. Within two weeks, Bob had received his first plastic money machine. Machine I say, because in Bob’s mind, a credit card was like creating money out of thin air. Shortly thereafter…

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Who is Vladimir Putin? Why Does the US Government Hate Him?

Accurate unbiased assessment, thank you!

Life in Russia

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As the Ukraine situation has worsened, unconscionable misinformation and hype is being poured on Russia and Vladimir Putin.

Journalists and pundits must scour the Internet and thesauruses to come up with fiendish new epithets to describe both.

Wherever I make presentations across America, the first question ominously asked during Q&A is always, “What about Putin?”

It’s time to share my thoughts which follow:

Sharon Tennison sm Author Sharon Tennison

Putin obviously has his faults and makes mistakes. Based on my earlier experience with him, and the experiences of trusted people, including U.S. officials who have worked closely with him over a period of years, Putin most likely is a straight, reliable and exceptionally inventive man.

He is obviously a long-term thinker and planner and has proven to be an excellent analyst and strategist. He is a leader who can quietly work toward his goals under mounds of accusations and myths that have been…

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Why Russia’s Unfazed By Falling Oil Prices

Life in Russia

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Oil is not quite as powerful a weapon against modern-day Russia as one might think.

By arguing that the slump in oil prices will finish off Russia just like it did the Soviet Union, Ambrose Evans-Pritchard, writing in the Daily Telegraph, is forgetting how far Russia has come since those dark days.

It is true that the USSR couldn’t cope with falling oil revenues and that Saudi Arabia is credited with helping to break up the former empire by dramatically increasing oil production from 2 million to 10 million barrels per day in 1985.

And sanctions could make it harder for Russian firms to access Western know-how, and ultimately affect Russia’s oil output.

But that’s only if they drag on for years—which is doubtful, given the price the EU is already paying. A cut in global oil supply—and stronger global growth—will likely rebalance the oil market in the meantime.

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A…

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