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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stop telling such stupid lies what kind of fool would believe that c**p? The only economy that is going bust is Russia, Watch and see who eats c**p and falls back in it. Dick Cheney and Donald Dumbsfreak are the election fear mongers. These Idiots are trying to get the simple minded republican voters to believe their outlandish lies.
So is politics measles can be cured
China owns America by the trillions and trillions of debts Obama has borrowed, to fund his destruction of the economy, to keep his Islamic friends happy, Russia you dill have enormass reserves of oil n gas America import s most from Muslims ,
He made very smart decision in doing so.
Your right Doug! I’ve been studying in the Bible in Daniel and Revelations
Earl Duane Jones your an idiot choke yourself
They will feel this worse than anyone else.
They have been saying that for years… The same trials and tribulations…. Just keep happening. You have no idea when or how close it is.
Most of American debt is owed to Americans. You need to pull your head out of the butt cheeks called the Blaze and Fox News.
lucky o’l man grover isn’t here today .