IMPACT! Russian Food Suppliers Have Begun Halting Shipments (Video) Food Shortage on its Way?

 

 

IMPACT!  Russian Food Suppliers Have Begun Halting Shipments

 

 

Dec 19 2014

 

 

Is Russia reaching its breaking point? I highly doubt it. What do you think?

 

 

Until now, when it comes to the fallout in the Russian economy from the crude price plunge leading to a collapse in the Russian currency, most of the interest has been on how the Russian financial system recovers and/or survives and just as importantly, what Putin’s response would be. Just yesterday, we wrote that as a result of capital controls fears, many western banks led by Goldman Sachs had halted liquidity to Russian clients and other local entities.

However while the adverse impact on the Russian banking system has been mostly confined to the upper class – since there is virtually no middle class in the country to speak of – the second cold war of words, which rapidly morphed into a very hot financial war, is about to hit the very ordinary Russian on the street, because as Russia’s Vedomosti reports, citing vegetable producer Belaya Dacha, juice maker Sady Pridoniya and others, Russian suppliers are suspending food shipments to stores because of unpredictable FX movements. And it is about to get worse: very soon Russians may have to live without imported alcohol because at least on supplier of offshore booze, Simple, halted shipments in “a two-day pause” to see what happens with the ruble, Vedomosti reports.   Read more or listen to video below

 

 

Are you fully prepared; have you included this ESSENTIAL component? (Scroll to below the video).

 

 

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