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US facing financial doomsday over Russia sanctions [Copy link] 中文

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Post time 2014-4-4 17:36:57 |Display all floors
The United States is likely to experience a financial “doomsday” as a result of its imposition of sanctions on Russia following Crimea’s secession from Ukraine, an analyst tells Press TV.


Eric Draitser said in an interview with Press TV that Russia, which supplies more than one third of Europe’s gas, is a “great energy power” that “may decide to stop accepting US dollars to settle debts and US dollars for its energy reserves.”

“All of this is sort of a doomsday scenario from a financial perspective; but, it is all very much a possibility if the United States and Europe” escalate the situation, the analyst said.

Draitser held out the possibility of euro and dollar depreciation, which would, in turn, trigger “unrest in global markets.”

The analyst said Russia is in a position to make it harder for Europe to have access to gas, adding,

“It would fundamentally change the geopolitical calculus not only of the Europe but of the global economy more generally.”

On Tuesday, the US Congress approved a bill calling for new sanctions on Moscow over Crimea, which recently joined Russia.
Crimea declared independence from Ukraine and formally applied to become part of the Russian Federation following a referendum on March 16, in which nearly 97 percent of the voters said yes to union with Russia.

On March 21, Russian President Vladimir Putin signed into law documents that officially made Crimea part of the Russian territory.
“I think everyone should be very keen to avoid a shooting war, particularly with a nuclear power such as Russia…, which obviously is a nuclear power,” said Draitser.

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Post time 2014-4-4 17:39:15 |Display all floors
Brazilianíssimo:

That country with no name has been a murderer entity since those barbarian Englanders laid foot in the Americas . The Zionists just turned US barbarity into US Barbarity 2.0 , ask any indegenous native North American what their history was . Go to Mexico and the mexicans all look indigenous. Go to Peru or Bolívia or Ecuador and you will see millions of indifenous peoples speaking their languages like Quechua or Aymarah . No way, the Spanish took the gold, but NOTHING compares to the genocide of the indigenous peoples of North América as done by the "free and brave" Anglo-saxon-Barbarians. Come to the Amazon cities of Belém and Manaus and you will see the portuguese married the indigenous, the portuguese were never that racist neither assassins. Let the USAns be BRAVE against RUSSIANS and their 5800 NUKLES now !

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Post time 2014-4-4 17:41:46 |Display all floors
jenn1130:

Oh, hurry up Russia and dump the stinking dollar. Put the proverbial stake in the heart of these devils. The world cannot wait for justice and retribution for these criminals in The City of London and warmongering Western Banksters. They need to crash and burn!

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Post time 2014-4-4 17:45:29 |Display all floors
Maybe sometimes, the financial crisis is the most affected people

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