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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As Russia cut’s it’s own Throat !
Smart business move on Putin’s behalf. He made the only choice he was left with.
I agree with you.
Dude you’re living In a complete dream world.. We’re ranked mid 30s in education, 45th in health care.. 1 in 4 kids are hungry in the US and we have more people in prison than any other country in history.. Statistically the only thing we have most of is Grown Adults who still believe in god
That’s weird I could have sworn Russian rubils plummeted in 2015…. I thought they dropped in their value… Who cares about Russia it was a dumb move on their part.
Hahahaha why worry. Last year the U.S. Became the world biggest exporter of crude oil which means Russia is doing us a favor by cutting gas to Europe because now they have to buy oil from us… And boom are economy is back in track…Russia is that one country that has to tell the world that is against us but in the end is just another secret friend just like freaking China…is all a game to keep us together against a common enemy
Russia told the European countries that they could tap into thier gas lines from Turkey, and this will stop Kiev from tapping into Russia’s gas lines going through Ukraine and stop the theft of thier product.
So they actually cut off Kiev and reduced the flow to Europe, but Europe can get all the gas they want if they go through the turkish gas lines..
Misinformation would be the sky is green, without knowing the sky is actually blue, disinformation is saying the sky is green to mislead the person that the sky is green.
Feed half the planet?..yeah right…no country wants our produce anymore.