Author: dragon8

PUTIN: 'THE PETRODOLLAR MUST DIE'   [Copy link] 中文

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Post time 2015-4-17 23:15:34 |Display all floors
Revolutionar Post time: 2015-3-26 00:48
the crisis is Russia and.......China, not America......



The USA dollar will eventually be discontinued as the world’s reserve currency.  

Completing business transactions using everything but the once almighty petrodollar will surely remove that coveted status.  

Many countries, large and small, have already disengaged form the petrodollar and are bartering or taking payment in the national currencies on both sides of the transaction.  

If the petrodollar were completely removed from this equation today, the USA would suffer an unprecedented monetary collapse. The majority of Americans don't understand this.

There are many good reasons for the world to start thinking about a comprehensive dollar disengagement initiative.  

It should also be noted that years of Quantitative Easing by the USA Federal Reserve has only exacerbated this currency balloon beyond repair.


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Post time 2015-4-17 23:19:45 |Display all floors
Ronny Post time: 2015-3-26 05:29
I hope neither, People should trade in their own currencies.
The US dollar as a reserve only bolst ...

If the USA economy is standing on a solid foundation, why does it need the Petrodollar?

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Post time 2015-4-25 08:31:02 |Display all floors
dragon8 Post time: 2015-4-18 01:19
If the USA economy is standing on a solid foundation, why does it need the Petrodollar?

I question the "solid foundation" The use of the US dollar for trade is what bolsters its value.
I'm a little bit wrong and your a little bit right.
Everyone is entitled to my opinion.

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Post time 2015-4-25 21:42:51 |Display all floors
Ronny Post time: 2015-4-25 08:31
I question the "solid foundation" The use of the US dollar for trade is what bolsters its value.

The USA dollar is being propped-up by the national currencies of the world’s consumers of oil.

This is the reason why the petrodollar is a parasite currency.

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Post time 2015-4-25 21:45:25 |Display all floors
Ronny Post time: 2015-4-25 08:31
I question the "solid foundation" The use of the US dollar for trade is what bolsters its value.

There's zero freedom of choice in petrodollar sales.

This is what makes the USA a parasite nation.

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Post time 2015-4-26 00:37:06 |Display all floors
Why Putin accepts dollars for Russian oil?

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Post time 2015-4-26 00:59:25 |Display all floors
mixamixa Post time: 2015-4-26 00:37
Why Putin accepts dollars for Russian oil?

The national currencies of the world’s top consumers of oil:
Brazil, China, Germany, India, Japan, South Korea and USA.
This is a seven-way split.

Gold is good too.

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