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.
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THANK OBAMA
Who’s monkey boy?
so true
Did you even read the article?
But He has been Planning with China to do this and India has been included for almost 3 years. China warned Obama to get a grip and stabilize this Country’s economy and Obama refused. he printed more money. he gave more money to Muslim nations and the muslim brotherhood. The US econmomy is out of control. No one can blame China, Russia or India fror taking steps to solidify their country before the Crazy Obama sinks this one.
Yes Many of them and a book you might want to look at called the death of the dollar
Keep on printing
Oh I give it 6 to 8 months before we all enjoy FEMA camps to get food if they don’t have it or amo to keep what you got. Wake up call my Brothers and Sisters in liberty
Gullible Putin loving right wingers are hilarious
Good for Putin!