Russia Is Doing It – Russia Is Actually Abandoning The Dollar

Saudi Arabia doing pretty well, so far, and we love it. Russia is big and it is changing. What we produce? Weapons and garbage for export.

 

Woogs....RT is no longer a viable or reputable or trustable source of information as Putin took over RT just like Putin took over all other Russian Media.

AboveAlpha

 

I advocate doing everything we can to stop Global Warming but I fear the tipping point has already been reached as right now Temps. caused by CO2 concentrations in our atmosphere which are at their highest level in over 100,000 Years....are causing Gel Form Methane...CH4...to bubble up and out of the oceans and permafrost and from the bottom of Arctic Circle Lakes as CH4 Gas which holds in heat in our Atmosphere at a rate 71 times that of CO2....thus we are screwed.

AboveAlpha

 

About 10 of them all showed up at the exact same time spouting the exact same nonsense, they have not commented on hardly any other subject for months and just happened to show up at the height of the Euromaidan protests, apparently it's a problem across the net ATM even on comment sections of numerous media outlets, they're not fooling anyone and I for one will not allow this to become a Kremlin talking points echo chamber.

 

Most American's and European's are smart enough to realize what is going on.

Besides...compared to U.S. Cyber Command and the NSA....Russian Cyber Command is like 2 Gerbils on a treadmill providing power for a 486! LOL!!!

Just to show members just how worried the Russian's are about American Extremely High Computer and Internet skills....ALL COMPUTERS IN THE FDS, GRU AND RUSSIAN MILITARY DEFENSE INTELLIGENCE REPLACED ALL THEIR COMPUTERS AND REPLACED THEM WITH OLD STYLE TYPEWRITERS!!!!!!!

AboveAlpha

 

This is not a good news. May be all our economies will suffocate soon and we will be forced to abandon many ambitious plans.

 

You're mistaken because misled by anti-Russian propaganda. 50% of export from Russia is energy based.

GDP of Russia in 2013.


Natural resources - 11%. Read more here http://en.wikipedia.org/wiki/Economy_of_Russia

 

You're mistaken because misled by anti-Russian propaganda. Russia's population is growing after 2010.



blue - birth rate
red - death rate
green - natality
dotted line - collapse of the USSR

See more http://en.wikipedia.org/wiki/Demographics_of_Russia

 

You're mistaken because misled by anti-Russian propaganda. In 2013 Russians had a drink of alcohol is about 13% less than in 2012.

Russia currently implements a variety of anti-alcoholism measures (banning spirits and beer trade at night, raising taxes, and other). According to medicine officials, these policies result in a considerable fall of alcohol consumption volumes, to 13,5 litres by 2013, and wine and beer taking over spirits as the main source of consumed alcohol[2] These levels are more comparable with European Union averages. Less then in Moldova, Czech Republic, Hungary, Romania, Ukraine, France, Great Britain, Denmark, Poland, Portugal, etc.



See more http://en.wikipedia.org/wiki/Alcohol_consumption_in_Russia

 

You do nothing but spout RT bull(*)(*)(*)(*), it's no coincidence that you appeared at the exact same time as the height of the Euromaidan protests when the rest of the Kremlin puppets showed up here, again you're not fooling anyone.

 

Snyder is a fool.. Of course Gazprom would sell gas in Euros... Their customers are European.

 

The BRICS bank is worth a whopping $100 billion, to put that into perspective the U.S. provides $30 billion in foreign aid every year, you must be (*)(*)(*)(*)ing joking if you think that BRICS is a viable rival to U.S. and western global hegemony, delusional ramblings parroting the Kremlin.

 

Face your ignorance. This is the beginning and this is not a communist ideology propaganda. This is a cold blood capitalism in action.

 

This is still better then corporate media. They report a lot of interesting facts, interviews, not just about politicians having extramarital sex... The material reported matters the most.

 

You are spewing pure propaganda, not worthy of discussion. Face your own ignorance and anger.

 

I'm honestly surprised they were using the dollar to begin with. Although a lot of oil trade is done in dollars, euros are commonly used in Europe for it.

It's actually bigger news if OPEC makes the switch. As far as I know, only Iran has switched to euros among that group.

 

Anyway, the response of the US is swift. Watch the date of Russia's new agreement on oil payment and the sudden rise of ISIS in Iraq.

839. Iraqi crisis created to save dollar (6/18/2014)

In early June, Russia switches the oil payment from dollars to Euros.

This is very important news. If people starting to abandon the dollar, US will be hurt seriously in economy. Yet the news was little reported by the mainstream media. Several days later, the ISIL rebel in Iraq activates an offensive. The puppet Iraqi government retreats without any resistance. As a result, the oil price goes up.

Since the money used in most oil trading is dollar, the higher oil price will force the buyer to keep more dollar in bank as purchasing power. It’s a big amount if future option is included. Manipulating oil price becomes a strategy to save the dollar. Iraq is a big country of oil production and exportation. Its political stability has huge influence to oil price. US has turned it into a switch to adjust the oil price.

 

I don’t think the worlds primary bank the fed or a new system or who 'owns' the title to the most popular worlds currency will make too much difference in the future world. That is because the worlds nations are stumbling towards an economic collapse. The only question (if nothing changes) is when it will happen. Limited war may buy some time etc but even the USA will fall, by how much is arguable. All will crash eventually, the international credit will go no matter what the interest rate climbs or falls to, and worthless money will catch up with itself. Then its curtains baby....and that is truly scary to this rev.

If that kind of disaster happens aint much we can do. I would suggest buying physical silver (quarters are best) etc and stock up a few supplies, 190 days at the very least. Of course that advice is for those of us arent rich. The rich have resources that will most likley protect them...until their money runs out. There is only one question I can not seem to answer. Would I want to live in a world where the world is starving and there is war everwhere....I must be getting soft in my old age...used to be that I would lock and load and go down fighting...


God bless our forum ~


reva

 

The U.S. dollar is the world's foremost reserve currency.

copied from; http://en.wikipedia.org/wiki/International_use_of_the_US_dollar

Ok be dishonestly surprised ...LOL ...
International use of the US dollar From Wikipedia, the free encyclopedia
Jump to: navigation, search
Worldwide use of the U.S. dollar and the euro:
United States
External adopters of the US dollar
Currencies pegged to the US dollar
Currencies pegged to the US dollar w/ narrow band
Eurozone
External adopters of the euro
Currencies pegged to the euro
Currencies pegged to the euro w/ narrow band
Note that the Belarusian ruble is pegged to the euro, Russian ruble, and U.S. dollar in a currency basket.Besides being the main currency of the United States, the American dollar is used as the standard unit of currency in international markets for commodities such as gold and petroleum (the latter, sometimes called petrocurrency, is the source of the term petrodollar). Some non-U.S. companies dealing in globalized markets, such as Airbus, list their prices in dollars.

The U.S. dollar is the world's foremost reserve currency.


God bless this forum;



reva

 

Now observe as it has no actual affect on anything.

Russia's economy is smaller than California. They might be a military power, but they are not an economic power. Several Euro-nations are larger. They do not have the weapons to fight an economic war. Russia can be safely ignored in this case.

 

For a lot of trade, yes. It's not as common in Europe, however.

It is true that most oil trade outside of Europe is done in the dollar, however.

 

844. To save the dollar by hitting the Euro (7/17/2014)

Someone argues,

That’s true. But oil price is the fastest way to adjust the demand of the dollar. We saw then the Euro – an alternative to the dollar, is threatened.

Euro is the reserve currency next to the dollar. When dollar is weak that oil buyers have to use Euros for payment to Russian oil, what if Euro’s value is threatened? Similar situation had acted four years ago when US had a financial crisis (the bankruptcy of Leman Brothers caused by sub-prime loan collapse), US resolved it by introducing the Greek financial crisis.

If the high oil price would benefit enemy Russia, then US has to dig into the foundation of ally’s wallet. Last time the ignition was Greece, this time it is Portugal.

 

LINK: http://en.ria.ru/politics/20140719/...-Trade-Zone-with-Eurasian-Customs-Union-.html

SYDNEY, July 19 (RIA Novosti) - Turkey has raised the question of establishing a free trade zone with the Customs Union of Russia, Belarus and Kazakhstan, Russian Economic Development Minister Alexei Ulyukayev said after talks with Turkish Economy Minister Nihat Zeybekci.

The Turkish minister put forward an initiative for closer cooperation with the Eurasian Customs Union, Ulyukayev said.

"We have discussed the possible forms of cooperation, including the formation of a free trade zone between the Customs Union and Turkey. We have agreed to create a working group and to begin a more detailed discussion of these possibilities and prospects in September," Ulyukayev said on the sidelines of the meeting of G20 trade ministers in Sydney, Australia.

Turkey currently has an agreement on free trade zone with the European Union.

Earlier the same day, Ulyukayev said that Turkey had suggested using national currencies in trade with Russia.

The trade volume between Russia and Turkey amounted to $32.7 billion in 2013. Russia is Turkey's second-largest trade partner after the European Union. Turkey ranks eighth among Russia's foreign trade partners.

Russian authorities considered renewing the talks on switching to national currencies in order to decrease the dependence on the US dollar amid tense relations with the West due to the Ukrainian crisis.

The Turkish side has also expressed interest in building a transport and logistics hub in Russia with links to sea ports, airports, railways and highways, Zeybekci said.

 

This could well turn out to be one of the most significant trends in the world economy at this time.

Has anybody seen the film "Death By China?"

There are some pretty serious problems with the way that we have ran the economy.

 

R.I.P. $Dollar$ – BRICS create Open Anti Dollar Alliance
July 4th, 2014

The BRICS group of Nations led by RUSSIA has openly announced the abandonment of the US $ in trade between themselves as well as the creation of settlement mechanisms that completely bypass the $. This is the BIGGEST nail in the coffin of the US $ as World Reserve Currency. Expect Inflation in the US to start gathering speed in the second half of the year, and the possible launching of a major war. This has the potential to push the US to 2nd world status (like Poland) and eventual 3rd world.

Read more at http://investmentwatchblog.com/r-i-...pen-anti-dollar-alliance/#O65rJ362KEVUcLML.99