Russia (China) officially dropping the dollar

Another "it will never happen" scenario with Russia and China is happening. Russia have now officially dropped 1/3 of their reliance on the dollar in the last year alone. The major gas deal reached by China and Russia will also be done in their own domestic currency, not the US dollar. Both countries have been publicly announcing their plans to drop the dollar for a while now but most observers assumed it would never come to pass. I don't believe China has made any other major moves against the dollar aside from announcing plans and leaking rumours but until now it's been assumed that China would be the first to move against it, not Russia. Seems like they will follow course soon if they haven't already. With the petrodollar widely considered to be one of the major staples of global US power such a move would likely destabilize the position of the united states on the world stage.

http://www.wnd.com/2014/05/russia-steps-up-war-on-u-s-dollar/

 

read Revelations my friend, it's pretty easy to determine the dollar will collapse and America will fail which will reign in the rise of China, Russia and Iran.

The dollar will fail, there will be a global financial emergency, how do you think the anti-Christ will get people to accept the mark which will be a microchip implant on their wrist or forehead......

it's true my friend.

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Are these troll posters in the W&P?

I'm fairly new to this section.

 

He's dead serious

 

you read wnd? lol, they are as legit as rt.

 

Thank you who do you supposed designed the chips in Putin's Cellphone? The Chinese? Who do you think designs advance microprocessors and cellular networking chips Russians? Yea drop the dollar and watch how much the price of those chips jump. You think the Chinese are going to be willing to cut these ties? Everyone thinks that people can just run away from the dollar good luck with that stuff. People seem to think that the US is going to be hurt if Russia drops the dollar and uses other currency.

The only ones who will be hurt are the Russian people. Give it a rest already its going to be a long time before the US loses sleep over Russia. People talk about the Russians signing an oil deal with the Chinese as something dramatic the fact is Russia taking a huge hit in profits making that deal. Chinese are benefiting over the pissing contest that the US is having with Russia.

 

Chinese done got Vladolf bent over a barrel.

 

It gets even better who helps Russian drill for their oil? A huge amount of technology is needed from the US for Russia to be successful at drilling for oil. Up in Siberia where many Russian drilling platforms are located many of these American experts help with the operation of these controversial wells.



Exxon head and President Putin. Rex was at my nieces graduation.

 

Rofl. Dude you are crazy if you believe all of this, especially the second sentence. Much sleep is being lost over Russia NOW. Obama must be popping those concerta pills of his like a fiend. Fact of the matter is, the deal is HUGE especially what it symbolizes. Who gives a fuck if they lost profits for one quarter, son. Or even a year. What they are gaining has been greater, at least in the eyes of the Russians and Chinese. Your feeble mindedness can't grasp that Russia has won this conflict in the short term and in the long term. They got what they wanted. Accept it and wait for the next battle to pick up speed. The conflict isn't nearly over.

 

All hail our new Belgian overlords!

Spoiler

 

Some people can't comprehend that there are still countries in the world that have ambitions beyond monetary gain and that there are gains beyond investments. China just outright stole Vietnamese territory putting a 50 billion trade deal at risk. They don't give a shit any more. There's shit to be done.

 

This is a huge game changer for the world. Countries openly marginalizing the petrol dollar away from major deals like this. Wars and coups have happened because of this in the past. And now it's happening and the worst thing is the western media is trying to tell us it a win for America. The West is doomed this century unless we go back to caring about ourselves more than everyone else.

 

Did you miss the part where Putin is worth north of 70 billion dollars and that there are more billionaires in Moscow then in New York? My feeble mindedness LOL China has been doing this all over the world. They have similar deals with Iran and Iraq for their oil. This pissing contest has been a boom for China. Putin in the end is hurting the Russian economy by not getting closer to market value for their oil. Its a 30 year deal and ties Russia's hands. The US did the same thing to a number of Countries like Columbia, Saudi Arabia and other Countries because they needed our protection at the time. Back in the mid 50's all the way through the 1990's US tied the Countries ability to sell to the open market. The nobleness talk yea OK Politics in general is about who gets screwed over the worst.

 

It's almost like we have a system of multi-national corporations at work.

 

Ha Ha more like we have a bunch of guys who love money lots of it.

 

US and Belgium going to wreak shop together imo

What can Russia and China hope to do against this?

 

Li Keqian just tweeted: China recognizes the Crimea as part of Ukraine.

 

Troll on dude.

 

Stick your nose far enough in other peoples business, and someone just might reach out and punch you on it....