The death of the petrodollar is the death of the American economy. With our massive, unpayable debt we are forced to continue printing money like crazy, along with Europe and Japan, just to stay afloat.
This could go on for some time if everyone continues to print together, however, if the U.S. dollar ceases to be the world’s reserve currency it’s game over.
Unfortunately, countries began trading out of our dollar for some time, especially China. Now, a huge spike has been driven into the heart of our dying economy as Russia has just pulled itself out of the petrodollar.
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Well…if one invest one’s money in paper (not silver/gold/copper,etc..) then one. hopefully, knows what one is dealing with.
OBAMA can only beat Republicans
The WHAT has done what ?
YES it is TRUE, OBAMA’s policy came with the USA to it, one WAR in real Times crysis are sure, and OBAM’s Policy are making it with Russia, But Russia has NEWS and fiel Allieds when OBAM MAKED USA hold your ARMS around Island, like OPIUM to USA, a NEW HAWAY, Russian has oil , GAZ and TECHNOLOGY in Wepons with CHINA, ASIA, INDIA and MORE, and OBAMA’s???, only tchip tchip tchip, USA are in check, in eventual conflicty USA need Help of the Failured EUROPE (OTAN) and How are the help???…
There’s far more to the fall of oil prices than meets the eye.
My end game would be giving NK delivery systems for their nukes. Oh who is visiting right now?
CANT WAIT.
They had to , I tell you the containment of Russia by the US is not going to win them many friends , in fact many will not favor them at all . You cannot blame the American people in general , they are not making school boy decisions like their benign government . We here to live together and make the planet a better place for all , not the old rhetoric of greed , that is stone age .
What is the world reserve?
This is why we have to be prepared for a worst case scenario.