Russia Threatens to Drop The Dollar On Tuesday Reuters reported that a Kremlin aid Sergei Glazyev had announced that if the U.S. were to impose sanctions on Russia Moscow may drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks saying that Moscow could recommend that all holders of U.S. treasuries sell them if Washington freezes the U.S. accounts of Russian businesses and individuals. That statement is startling by itself, but the true gravity of this situation is only evident when you consider it in context. China has taken Russias side in the Ukraine conflict (they are after all allies) and China holds the lions share of U.S. treasuries. If Russia puts out the call to drop the dollar China would have a choice: either hold on to those treasuries while the dollar slides (losing their shirt in the process) or join Russia and dump their holdings as well. It should be pretty obvious which way China would go. scgnews/russia-threatens-to-drop-the-dollar-and-crash-the-us-economy-if-sanctions-are-imposed-obama-signs-sa I was wondering how they would begin this. I think the US dollar is scheduled to phased out in 2-3 years. If China and Russia drop the dollar so will all their Satellite Regions and Countries. It was NOT all over the News but Australia already HAS dumped the dollar. Hang on to your hats once all the pins fall this will be GAME OVER for the USAs dominance in the Financial Domain and everything we do and need will double in price over night. It could be worse than that I fear. Good thing I never loved that shit. This why they are building up HLS and all the State and Local Police. They are being trained as I speak to do battle on Home Ground. Ask any local cop. Who is Paying him or training Him? and if he is honest he will say the FEDs. A friend point blank went up asked one of our Police here in Town. He laid it down and this is very very true. I know the cop also and it is not a joke. When the Dollar goes down MARSHAL LAW BEGINS. Be very careful if your black or young and driving. People in Cars will be Targets. Stay Quiet and indoors as much as possible. (IMPORTANT)Try to stock pile as much dry goods and canned Goods NOW before everybody is hitting the stores in a panic as it will be very dangerous at this Point. It could take a while for the dust to settle if it ever does. Life in our Country will never be the same. We have been drunk on Cash and Lazy as Hell. We dont know how to REALLY survive. I dont like what I see coming.
Posted on: Fri, 07 Mar 2014 23:33:36 +0000
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