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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World war III between Russia and the US would likely be nuclear. But, I guess you do have a point…
http://youtu.be/Pqaah16-588
yawn….
Hyperinflation- causing an economic collapse (dollar worthless) will cause war.
well what do we do now, is it hard to convert to electric heat, maybe time to get an electric car or start ordering food from a company many things to think of time to think out of the box—-these governments are messing with the people—so time we do something different
With hyperinflation ,it will be the U.S. initiating war.
Dont panic they are just shifting the flow , oil will NOW CROSSS thru turkey, just not thru ukraine. Mann some post are all war mongering , tell the full story Truth And Action smh.
paper tiger
Nothing Russia does surprises me. Study their history and you will find that they can’t be trusted, like spitting in a head wind. I know that we only have one earth and we need to try using and enjoy it together. I really don’t understand the movement of God but He is in charge. Use the brain He gave us and think before you act. We are slow to learn at best.
You Fail to ReAlize the Constitution. That’s Both Forms..