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.
SEE PAGE 2 TO CONTINUE:
This has been coming for years. They and China made this agreement months ago and it, with the stupidity of Obama, will kill the American dollar. Prepare to see the price of everything rise to terrible heights.
If you say your a child of god then you should have been upset over obamacare an changing the staus of marriage bc its all bull this president is trying to destroy christian beliefs he is for the muslims 100 percent
What will Obumass do==== Nothing ????
Main stream media is in the Obama administrations pocket, Fox News reports on the real news that other so called news stations aren’t willing to when it’s telling the truth about what’s really going on in our country and around the world.
It won’t last long , they ahve to export to survive , he’s just playing on the stupidity of those who believe his threats …
and obummer says eat more beans America needs the gas
RUH RO RELROY
You’ve got that right Carrie, that’s why I try to watch as much foreign news as possible.
Free market man!
Putin’s whole deal was to not deal in dollars but only rubles. Americans better take note. more and more people globally view the dollar as FUNNY MONEY due to the connection between FEDERAL RESERVE and European central banks that own it.