Russia Declares Death of Dollar

Wednesday, April 16, 2014
By Paul Martin

by John Little
April 16, 2014

Russia declared war last week, and hardly anyone noticed. Of course, there isn’t a lot that anyone can do about it, and it won’t be much of a war. In fact, the declaration of war itself will pretty much mark the end of it.

What I’m talking about is the announcement by Gazprom Neft last Thursday that they were going to kill the dollar. Their announcement didn’t actually use the words ‘kill’ or ‘dollar’, but it was still an announcement of the intent to assassinate the world reserve currency that we hold most dear.

I think that it’s time to start sharpening my obituary writing skills.

Russia Kills the Dollar

This is the Reuters headline that should have made the front page of newspapers everywhere:

Russian oil firm says Asian buyers willing to use euros

The only thing that is keeping the United States of America alive right now is the Petrodollar. Oh… and the willingness of the United States to kill people for the purpose of keeping the Petrodollar alive. I ‘forgot’ about that.

The Rest…HERE

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