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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Oppressive gas prices – What the hell does that mean?!
Crystal, we certainly have enough nukes to turn most of Russia’s major cities into parking lots. But before out nukes hit their targets, Russia would launch enough nukes to do the same to the USA. Neither one would survive.
What is worse a Fascist or a muslim?
Something you obviously don’t understand and/or struggle with I take it. Even thought you and I don’t. Many in the nation struggle to fill up a gas tank when gas is as high as it was. Go back to your beach in HI!
First thing first. President Obama has ran out of time. You and you know who you wasted his genius on proving he was capable vs what he really could have achieved for this country. Before we can go on to keep our “rep” as the Super Power of the world we have to fix some serious internal problems first. We all should the world that first and far most we could use a lesson in respect for our leadership! Then we go on to other important thing s like making our presents respected around the world!
I read over a year ago the same story line, it has been since the Iraqi war the Brics countries have been in opposition to the Petrol dollar and I also read without validation the Putin Kicked the International Bankers i:e the Crown out of Russia and I posted a month or two back relating to that news if it is true we shall being a tool of the Crown end up at war with Russia
Putins net worth 40 bullion hello
Respect the leadership, WE have no leader what are you talking about. Obama as well as all the politicians should be tried for treason. None of those traitors are innocent. Are leadership is a joke, nothing more than a Muslim loving traitor.
Some of us knew and warned of the Fed printing money. Doing everything they can though to keep this from collapsing on Obama’s watch. Why would a dumb Republican want to be elected next and it come down around his ears?
Russia Iran vs USA Israel. USA has the proxy war in Syria, we’ve been warned to stay out. Nato playing big kid on the block too. Nato can get us into a big mess. Oil Oil Oil petrodollar gold dollar. Q: Does the world really need the Mossad ?