PDA

View Full Version : Russia to abandon USD as Reserve



Germanicus
03-16-2014, 07:20 AM
So Russia is going to abandon the dollar as a reserve currency? Good luck with that one



6311

Just look at this fucker. This is why we are in so much trouble. These people are fucking morons. "good luck with that one"... The West believes itself to be forever. The West does not understand Russia and the reason is because of our disgusting coward ruling class that live peaches and cream lives and they themselves would never risk hardship for principle. They cannot believe that others would. Russia would. I understand Russia. And China. These nations know hardship and do not fear making a stand even if it happens to hurt them as well.


I've already explained why meaningful trade and financial sanctions against Russia are a non starter (http://www.telegraph.co.uk/finance/comment/jeremy-warner/10674022/Vladimir-Putin-will-get-away-with-it-again-sanctions-would-harm-us-more-than-them.html) – everyone would lose from such action. Europe would be pushed back into recession, Russia into financial meltdown. This is not the sort of self harm Europe is prepared to contemplate right now. I

Notice how this weasel makes emphasis of the damage to Russia and glosses over the 'self harm' that Europe would do. It is a clever way of saying that Russia holds all the cards and there is fuck all the west can do about it but lets just pretend we are in control... He also does not mention the damage that would occur to nations like USA and also in UK which would also be hurt if sanctions were imposed on Russia.


Indeed, thanks to the indiscretion of a UK official, who was snapped going into Downing Street with his briefing documents on display for all the world to see, we know this to be the case. Trade and financial sanctions have already been ruled out.

Indeed you vomit worthy pommy fuck.


Whatever. This doesn't seem to have stopped the Russians threatening retaliatory action against the threat of the non sanctions. One possibility, says the Kremlin economics aid Sergei Glazyev, is for Russia to abandon the US dollar as a reserve currency, or to figure out a way to use a new payments system that was not reliant on US dollars for international transactions. Good luck with that one.

Vomit.


I've written before about the inevitability of decline for the dollar as the world's major reserve currency (http://www.telegraph.co.uk/finance/comment/jeremy-warner/10378666/The-sun-is-setting-on-dollar-supremacy-and-with-it-American-power.html), but this process is on a very long fuse and basically depends on China eventually displacing the US as the world's largest economy.

And this pommy clown is the fucking authority on how the USD will collapse of course... like he probably attended some fancy pommy college and is just soo fucking smart and brilliant..


That's not going to happen any time soon. In the meantime, the dollar remains overwhelmingly the currency of choice for international transactions, and is the middle currency in virtually all transactions. For instance, if you were looking to buy Singapore dollars with Russian roubles, you would typically first buy US dollars with your roubles and then swap them into Singapore dollars. The US dollar is also the pricing currency for virtually all commodity transactions, including crucially, oil. Repeated attempts to set up alternative pricing arrangements have all come to nothing.
Then finally, more than 60 per cent of the world's central bank foreign currency reserves are held in dollars. The euro, the next biggest reserve currency, comes nowhere close. This is not about to change. In other words, Russian threats are as vacuous as Western ones. Hey ho.


http://blogs.telegraph.co.uk/finance/jeremywarner/100026745/so-russia-is-going-to-abandon-the-dollar-as-a-reserve-currency-good-luck-with-that-one/

"Vacous." See how clever the pommy [SNIP] is. Look at his vocabulary... Go take a bath you filthy pommy retard.


maybe we should too after reading that trash.

Now reality. This man does not know reality. He was probably born with half a silver spoon up his butt like so many westerners that think like him. This is why he cannot hope to understand a man like Putin.

Bricso.


What will happen to global economy if BRICS announce launch of new currency - Bricso?
Read more: http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/


http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/

BRICSO motherfuckers! See the filthy pommy does not speak for me and perhaps not for you. Unless you are the top 10% Investor Class of the west this man is your enemy and he is paid to write nonsense that will keep the status quo intact. His job has been very easy until recently and this has caused the filthy pommy scum to develop an opinion of himself that has no basis in reality. he probably even believes his own bullshit. And it is inconceivable to a boy like this Pommy to think that a man like Putin is serious. Trust me. Putin is deadly serious.


For several decades, we’ve been told by the mainstream media that the West has a firm grip on the word’s economy and that America decides the future of the world. Peter Koenig, former World Bank economist and Voice of Russia regular, outlines one of the scenarios in which America’s plans for a New World Order (http://voiceofrussia.com/2013_07_02/New-World-Order-would-be-led-by-an-elite-served-by-serfs-Koenig-2860/) are broken. This is the first part of the series about "How to dismate the New World Order".
Read more: http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/


http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/

Please read all of that. It is in two parts. It is no joke.

this is key-


Reality Check comment: In judo, this is called a sacrifice-throw. Such moves require the thrower to move into a potentially disadvantageous position in order for it to be executed, such as falling to the ground. The momentum of the falling body adds power to the throw and requires comparatively little strength, compared to the effect. Sacrificing a part of currency reserves in order to bring down the American empire is definitely a good strategic move.
Read more: http://voiceofrussia.com/2013_10_09/What-will-happen-to-global-economy-if-BRICS-announce-launch-of-new-currency-Bricso-1897/



The judo Sacrifice Throw. see the filthy pommy doesnt think Russia is serious because they would be hurt.. Now think about it. Does Russia seem afraid of getting hurt? I know that a filthy pommy coward like the one above probably gets night terrors at the thought of breaking a nail. think Putin does? think the Russians are afraid of some short term sacrifice when the prize will be joint ownership of the entire world with China and to a lesser extent the other BRICS nations? Of course not.

I have posted on China Daily Forum that the Bricso should be readied behind the scenes because of the fact that USA refuses to address structural debt problems and make a serious budget. it is no joke. And the CPC certainly does not need my advice.

USA refuses to begin dedollarization so it will have to begin without you and without you having any say or any control.

I have been trying to warn the West in any way that I could that the end is nigh. It just nigher. (:

USA and thw western ruling class are seemingly incapable of comprehending their fate. They have had it so good and so easy for so long they just cannot understand what is happening right now. What is happening is the world is turning. And since the western Investor Class hates me and my family so very much it is hard for me to not want the west to be smashed up. I understand Russia and China. The filthy pommy above and the rest of his western Investor Class ilk do not understand. All I can say is - DEEEEEEEEEEEEEeeeeeeeeeeeeeeEEEEEEEEEEEEEEEEEEEEEE RRRRRRRRRRRRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrrrrRR RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!!!!!!

So much more clever than the poor these Investor Class scumbags. See that is why we are not as wealthy as them. Because we are all so stupid and lazy. No other reason...

6312


http://www.youtube.com/watch?v=MJNsQPRSWpY


http://www.youtube.com/watch?v=2uEhHemC4NI
I strongly doubt it too.

http://www.youtube.com/watch?v=c6wMH2AGbwg
A pure massacre.

http://www.youtube.com/watch?v=uEBzDJnsrUk

And 16 year old children from Newcastle and all over Australia can work out we deserve it. We have had this coming for a very long time now. The wait is almost over.


http://www.youtube.com/watch?v=ShiShrR_nh8

BUILD IT UP WITH............CHINA!

edit- And Obama already said sorry and promised to change. It was all lies. All lies. USA has just gotten worse under him. So what now? The only option is to destroy the USA.

Germanicus
03-16-2014, 08:01 AM
http://www.youtube.com/watch?v=x5Iguivw1GM

edit- AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!

zelmo1234
03-16-2014, 08:03 AM
China and Russia have never been best of friends? Hell neither one can even float a super carrier?

But you can bet your ass that Russia will still accept the USD for there oil!, they need the money

Germanicus
03-16-2014, 05:24 PM
China and Russia have never been best of friends? Hell neither one can even float a super carrier?

But you can bet your ass that Russia will still accept the USD for there oil!, they need the money

I have actually missed you Zelmo. Other member on this site make you seem like a fantastic person. (: Im sure you are alright.


China and Russia have never been best of friends?

Is that a question? Once Russia was going to nuke China right? And Mao said - bring it on bitches. Kinda.

http://en.wikipedia.org/wiki/Sino-Soviet_border_conflict

There will come a time when enough is enough.

In modern times the CPC and Russian leadership are pretty tight. They are partners. With a plan.

Germanicus
03-16-2014, 05:26 PM
Hey Pommy. What do you think?

Pommy.

Paperback Writer
03-16-2014, 05:33 PM
Think about what? Abandoning the USD as reserve currency or how horribly meandering and nonsensical your posts are? :laugh:

Peter1469
03-16-2014, 05:41 PM
The USD won't stay the reserve currency forever, but the process to change it will take decades. And that process, the faster it goes, is going to hurt the US's debt holders more than it will hurt the US. Essentially, if we decided to, we could practically become self sufficient, particularly with Canada and their Arctic claims on our side. Most can't make the same claim.

Germanicus
03-16-2014, 07:51 PM
The USD won't stay the reserve currency forever, but the process to change it will take decades. And that process, the faster it goes, is going to hurt the US's debt holders more than it will hurt the US. Essentially, if we decided to, we could practically become self sufficient, particularly with Canada and their Arctic claims on our side. Most can't make the same claim.

I disagree. Russia and China can starve your ruling class out in a matter of weeks.

edit- CIA and OReilly think its clever to try to cause unrest in places like Venezuela by attacking economy/currency. USA will get the same.

Unrest is coming to America sometime soon.

edit- Isolationism is a dead end street and not possible for a nation like USA that spends so much to keep control. Control will be lost. Order will crumble. The wealthy will be fucked. Bigtime.

edit- Turn Fox news on. It is beginning to dawn on them. (: it is hilarious.

And did you see John Kerry asking to suck Putins cock today? HAAA! What a pussy.

John Kerry sounds a little different to how he did a couple weeks ago right? Now he is on his knees asking if he can suck Putins cock.


http://www.youtube.com/watch?v=A71wdsTqkfM

And di you see the referendum results? Oh my god. BBC is saying that USA will never recognize the result..

Doesnt USA are about the will of the Crimeans? what is this? An evil empire? Why not hire someone to write it in the sky? HA!

Germanicus
03-16-2014, 07:51 PM
Think about what? Abandoning the USD as reserve currency or how horribly meandering and nonsensical your posts are? :laugh:

And the Pommy has nothing. As usual.

edit- the Pommy that wrote the article above reminds me of you Pommy. (:

you make me want to vomit too.

Did you take a bath yet? (: Why dont you like the feeling of water on your skin again?

Paperback Writer
03-16-2014, 10:30 PM
Dear Australian Twatter:

do note that when you create a news post displaying an event, there is no debate. They either are doing to abandon it or not.

zelmo1234
03-17-2014, 01:44 AM
I disagree. Russia and China can starve your ruling class out in a matter of weeks.

edit- CIA and OReilly think its clever to try to cause unrest in places like Venezuela by attacking economy/currency. USA will get the same.

Unrest is coming to America sometime soon.

edit- Isolationism is a dead end street and not possible for a nation like USA that spends so much to keep control. Control will be lost. Order will crumble. The wealthy will be fucked. Bigtime.

edit- Turn Fox news on. It is beginning to dawn on them. (: it is hilarious.

And did you see John Kerry asking to suck Putins cock today? HAAA! What a pussy.

John Kerry sounds a little different to how he did a couple weeks ago right? Now he is on his knees asking if he can suck Putins cock.


http://www.youtube.com/watch?v=A71wdsTqkfM

And di you see the referendum results? Oh my god. BBC is saying that USA will never recognize the result..

Doesnt USA are about the will of the Crimeans? what is this? An evil empire? Why not hire someone to write it in the sky? HA!

Starve is about right, the USA can hold food exports back and in about 6 weeks China will be in civil war as it's people starve to death!

Add that to the financial collapse if we stop sending Coal for there electricity and the raw materials they need to build products? and Oop's they have economic collapse as well

You see your little piss ant country can't take up the slack, you import less that TX from china and you export less food than Kansas to China?

You are insignificant! And the sooner you face that, the better off you will be!

You really are an idiot!

You really believe you will be rewarded for your support? Get a job? Your pictures show that you are able, just not willing!