An alarming new Security Council (SC) report circulating in the Kremlin today states that the “scorched Earth oil war unleashed by Saudi Arabia” against the United States for its attempted coup against King Salman has led to Crown Prince Mohammed bin Salman detaining up to 20 princes involved in this coup plot, as well as his halting all international travel into the country and his sealing off the Shia Qatif region next to the Persian Gulf where US troops could stage an amphibious invasion—the results of which have crashed the price of oil by 30%—a crash that, in turn, has now created a “perfect storm” in which panicked investors are ravaging markets across the globe—most particularly in the US that just saw its 10-year Treasury yield plunging to a new record low of 0.3469%—a global bloodbath Russia reacted swiftly to by saying it’s ready for oil prices to crash even lower to $25 a barrel—and when the Ruble hit a four-year low against the US Dollar as oil prices crashed, saw the Russian Central Bank, also, reacting swiftly to suspend purchases of foreign currency on the domestic market for the next 30 days—all of which was followed by the Ministry of Finance (MoF) issuing a declarative statement [English] essentially telling the rest of the world to bugger off and call Russia if need be in 6-10 years—whose exact diplomatic-speak words putting Russia beyond this crisis said:  “The value of liquid assets of the NWF and funds in the account for additional oil and gas revenues stand at more than 10.1 trillion rubles ($150 billion) or 9.2% of GDP…These funds are sufficient to cover the shortfall in income from falling oil prices to $25-30 per barrel for 6-10 years”.   […]