As of today all the financial derivatives based off the Russian Ruble are in chaos and reeling from the MASSIVE Black Swan move in rates. Many FX exchanges have already shutdown US Dollar/Ruble trading. This WILL BECOME a HUGE problem for anyone with derivative positions in the Russian Ruble. The ramifications of this will not be be seen until mid-January as the derivative losses start to mount.
Many financial astrologers are talking about how its similar to the Russia default and crash of ‘98 all over again… but what most of them don’t know it is actually worse. MUCH WORSE!
Because the shear speed and scale of the current collapse, that began exactly on the penultimate Uranus-Pluto alignment, which is a magnitude greater, will simply accelerate and magnify the effect due to the utter absence of liquidity, and by the political stakes at play.
Based on both the secular events and trends and the financial Blackbox forecast based on the Russian horoscope, it is clear that the 8th largest economy on the entire planet is in a state of turmoil right now. The fact that the price of oil has declined by almost 50% since June is absolutely catastrophic for the Russian economy. Then when you throw in international sanctions by the United States and the NATO nations, along with the massive level money printing by the Central Bank of Russia and unprecedented and absolutely staggering pace of capital flight occurring, you get the ingredients for a perfect storm.
Conclusion: What is occurring now in Russia will soon have terrible repercussions to all of Europe. The implications between now and the final Uranus-Pluto Square alignment 2015 augur an extremely hostile and volatile economic climate that will not be confined within Russia’s borders. This event is just a prelude to the great unraveling as exchange rate volatility continues to increase, leading the way to systemic debt contagion that will spread around the entire world.