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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It’s sad that sites Luke this keep perpetuating myths and government lies. They are so attached to the nationalist dogma of patriotism.
“Nationalism is a disease. It is the measles of mankind” ~ Albert Einstein
We are one people. All living together. Until we realize this and start caring about ALL humans, we are doomed.
Truth and Action seeks only to further divide us.
Again thank obama for that.
We have a dozen missile boats. We may lose some, they would lose all.
Yes she is
Russia is broke
You can thank the Saudi’s, they are teaching Iran and Russia a lesson. This as nothing to do with Obama or the USA.
The Saudi’s are showing you have it’s done. We all need the take trade lesson from them. They are doing this on purpose. This is to punish Iran and it’s nulcear program and Russia for backing Assada in Syria.
Yup
Thank you president Obama