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:
If true, this is a very bad thing.
WAR….coming
the u.s. started it…….
If you weren’t a retard you’d know that there’s been 17 government shut downs before the last one. Here’s a bit of info for you. Research it. Democrats were in charge of both house during all 17. How much did those 17 cost us? Guess you think it’s ok for Democrats to cost this country money. Look at Chicago, Detroit, NYC, Ferguson, NJ, Colorado, DC and California. All broke and costing us billions. All Democrat run!
Sorry you are right we are the biggest exporter of gas, diesel and jet fuel..all this according to several articles on yahoo news and other sources like the times
Well I can name 315 bills the GOP passed and Reid refuse to let them go before the senate for a vote. Again try research retard!
Obama Is Behind This And our Congress lets Him
If you want to bring up destruction. Remember WW1, WW2 and Vietnam. Millions died thanks to democrat president!
If this is legit then russia shot itself in the foot.
http://www.economist.com/blogs/economist-explains/2015/01/economist-explains-2
Europe is no where near as dependent on russian gas as it was in 2009. This just means Norway can join America in the nice Gas/Oil boom =3
Common baby we need to export more!!!
nuke em til they glow..