The Russian rouble at the very moment that this post have been written stands at py6 30.953 against 1 USD, when exactly a year ago of the same month of June 2008, it stood py6 23.7473 against a US dollar. At this rate, the government of Russia has to make sure that everything will go their way as far as the worth of their money is concerned because their money has been playing from 31-30 Russian Rouble against a US dollar, which has been the lowest that their currency have gotten in ten years.

At this point, they have to make sure that their Russian tour deals would go off the roof to make sure that they get their tourism up with the most visited locations in the world, so they could come up with enough money to counter their ongoing currency drought. Making use of flight mig aircrafts as a part of their tourist attraction was a good call because they have finally found a use of those war jets without hurting anyone in the process.

Their top gun adventures may be quite attractive to some, but at this time, they would still need to think of something else because a bunch of flying aircrafts won’t be enough to save their currency from getting buried during this time of economical crisis.

Unites States economy still has the world’s largest economy; it has three times the size of the next largest which is Japan. Since the United States is the largest, the United States consumer is also a big drive of global economic activity. In common as in most developed countries, services are the key sector of the economy. Around two thirds of the United States consumers drives the US economy. This consists of the personal consumption although the United States is often referred to as a free market economy. This is not entirely true since there are government regulations protecting certain sectors like energy and agriculture, which can be described as a ‘consumer economy’.

What to produce and how much to produce will depend on the price level fixed by the interaction of supply and demand. American consumers are increasingly dependent on debt and have been re-mortgaging their houses to higher loan amounts and using the extra cash to fund high street purchases mostly funded by central banks and sovereign wealth funds from Asia, Europe and the Middle East. This has caused the recent failure in the US housing and credit markets which have resulted the US recession.

President Barrack Obama and the recent decline of the US economy has fallen into his hands, it’s up to him to make full use of the economic tools such as money supply, tax rates, and credit control, among other things, to adjust the rate of economic growth, it is up to him to ensure the growth and stability of the US especially the question of the growing national debt at the start of 2008.