↯DOLLAR COLLAPSE 2017 - CHINA AND RUSSIA DROP DOLLAR↯
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LIKE AND SHARE!!! Dollar Collapse in 2017? Why Russia & China Want Distance from Dollar Posted: November 25th, 2013 Published by: Eric Sepanek Dollar on fireThe U.S. dollar has been the world’s strongest currency for decades. Recently, however, this exalted position has shown signs of weakening. A disturbing national debt situation and a sputtering economic recovery are the main reasons why Russia and China have each taken steps to distance themselves from the U.S. dollar. According to an article in the Washington Times, Mikhail Degtyarev, a member of Russia’s nationalist Liberal Democrat Party, has submitted a bill to Russia’s parliament this past week that would ban the use or possession of the American currency. The failed Moscow mayoral candidate cites fear of a collapse of the U.S. dollar as the basis for this bill. “If the U.S. national debt continues to grow, the collapse of the dollar system will take place in 2017,” Mr. Degtyarev says. “The countries that will suffer the most will be those that have failed to wean themselves off their dependence on the dollar in time. In light of this, the fact that confidence in the dollar is growing among Russian citizens is extremely dangerous,” said Mr. Degtyarev. A similar ban was placed on the dollar during the Soviet-era. While not quite as extreme, this bill would prohibit Russian citizens from holding dollars in the country’s banks, and banks would be unable to carry out transactions in the dollar. The bill would not prevent Russians from buying or selling dollars while abroad, however, and they could still hold dollar accounts in foreign banks. Financial Analyst Andrei Shenk warns that the bill would harm Russia’s investment climate. He says, “The American financial system, despite all its existing problems, remains the most stable and low-risk in the world.” This bill comes on the heels of an announcement that the Shanghai Futures Exchange could price its crude oil futures contract in the Chinese yuan. According to zerohedge.com, the exchange’s chairman has stated that they are speeding up preparatory work to secure the regulatory approvals needed to make this move. The U.S. dollar remains the world’s strongest currency mainly because of its status as the petrodollar, making it the only currency in which countries with weaker economies can purchase energy. There have already been warning signs that the petrodollar collapse is on the horizon and this announcement will only add credence to these claims. Much like the situation in Russia, the severity of this report may be a bit overstated according to some. Experts with direct knowledge of the plan have stated that the contract would be in both yuan and dollars. Nevertheless, it does appear that both world powers are testing the waters to see what a global economy would be like without the U.S. dollar on top.
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Dump the dollar and crash USA. Nearly 20 trillion dollars of government and 240 trillion dollars of unfunded liabilities. Get the arrogant idiots to stop living off the backs of the rest of the world. Their over rated military won't stop anything. Send in the bailiffs.
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This report is a NWO fear mongering lie!
The problem isn't the US Dollar! The US Dollar is completely debt free! The problem is the Special issue US Treasury Bonds. The entire global debt hanging around the necks of the people of the world was created by the Special Issue US Treasury Bond. In 1947, the precursor to the G7, intentionally went out of their way to subvert the US Dollar Treaty and instead elected to operate the new world order economy off of US Treasury's alone. To this day the US Dollar Treaty is fully backed by 2,250,000tons in T50 gold deposited in several "deep depository's" through out the world. The US Dollar is the only recognised international reserve currency fully protected by an international treaty. As such, the US Dollar can not collapse. The US Treasury can collapse, or the US Government can default on its US Treasury obligations. However, the US Dollar Treaty will never collapse. Case in point, just look at what China did earlier this year; China, along with several other nations, drop nearly 1 Trillion in Special Issue US Treasury's on the global stock markets without any prior warning. The global markets had no appetite! The US Gov hadn't enough cash to pay off China's demand. But, The US Dollar Treaty stepped in and paid off the US Treasury's in cash, thus saving the global economy. Needless to say, the NWO was shocked by the power of The US Dollar Treaty. -
Not the end of The American currency, the beginning of American currency. FEDERAL RESERVE NOTE IS NOT WE THE LAWFUL BLOODLINE AMERICANS CURRENCY, IT IS FAKE/FALSE/FICTITIOUS, DEBT NOTE HAS NO VALUE! IT HAS MADE US SLAVES, BUT NO MORE! OUT WITH THE BANKERS FIAT PAPER, AND IN WITH THE AMERICAN SILVER DOLLAR!
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