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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The value of our paper money is all imaginary
The reason they are not worried about the debt is because all the physical currency in the world(that we use in society) does not even equal up to the amount we owe. They also know that they will not be the ones paying the price when the owners of our debt come calling for collection. But that’s what happens when idiots elect other idiots to steal their money under threat of violence, and then spend that money on whatever they choose..
Bitcoin anyone?
Funny since the Russian ruble just crumbled. Sounds like a nice bull$#%&!@* article right here
Some horrible photoshopping present here
Russia’s economy is dying. Well be fine
The game is over.
Did u hear about this David Starkweather the first I’ve seen
If you think we won’t continue to be the intl exchange currency you are $#%&!@*ing retarded and deserve to live in Russia
Saudi Arabia controls oil prices period. Russia is trying to compete and cant. This is stupid on their part. They are hurting worse than our economy will because of the price drop. Of you have any brains at all stop following this conspiracy theory page and $#%&!@*ing read.