So fiction becomes reality. But note, once the Petro Dollar gets tagged, what will follow in the US will be Social Collapse and Civil War. Insurrection and all the agitated mass violence the Agencies have visited upon others will come home to roost.
Once the Dollar Standard goes, the entire standard of living for all Americans goes with it. You can only live the lie, if Global suppliers take the lie that is the Fiat / Ponzi currency. When that ends, how will the country cope with a 30%, then 40%, then 50% collapse in living Standards? Then freefall.
How is America truly any different to Zimbabwe once its currency is outed?
Once Russia and China, plus BRICS, pull the plug it's unstoppable. It's here, it's happening and not enough are awake. So dumbed down.
The end of the 950 Global bases creating world conflicts.
The end of the Petro Dollar, huge impacts on Saudi and Arab nations. The emergence of Iran and Payback Time for IsraeHell.
It's sad, but again - All Empires end.
Thinking Americans need to start thinking the unthinkable now. Immigrants need to become Emigrants. Time to emigrate as your forefathers did. They left to escape ruthless, corrupt, rotten Feudal regimes. Sound familiar?
Sorry folks but as most here are thinking Americans, do you really think you can turn this Tramp Ship of State around alone before it gets scuttled? When the Petro Dollar goes, it's all over. The bubble will bust and life will become a mass sewer pit of realities under DOJ and FEMA. State controls. Agenda 21 will be imposed, and NWO will eclipse it all. So, as real friends we say again, respectfully, at least start to think - What if?
By Tyler Durden
13 May 2014
That Russia has been pushing for trade arrangements that minimize the participation (and influence) of the US dollar ever since the onset of the Ukraine crisis (and before) is no secret: this has been covered extensively on these pages before (see Gazprom Prepares "Symbolic" Bond Issue In Chinese Yuan; Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China; Russia And China About To Sign "Holy Grail" Gas Deal; 40 Central Banks Are Betting This Will Be The Next Reserve Currency; From the Petrodollar to the Gas-o-yuan and so on).
But until now much of this was in the realm of hearsay and general wishful thinking. After all, surely it is "ridiculous" that a country can seriously contemplate to exist outside the ideological and religious confines of the Petrodollar... because if one can do it, all can do it, and next thing you know the US has hyperinflation, social collapse, civil war and all those other features prominently featured in other socialist banana republics like Venezuela which alas do not have a global reserve currency to kick around.
Or so the Keynesian economists, aka tenured priests of said Petrodollar religion, would demand that the world believe.
However, as much as it may trouble the statists to read, Russia is actively pushing on with plans to put the US dollar in the rearview mirror and replace it with a dollar-free system. Or, as it is called in Russia, a "de-dollarized" world.
Voice of Russia reports citing Russian press sources that the country's Ministry of Finance is ready to greenlight a plan to radically increase the role of the Russian ruble in export operations while reducing the share of dollar-denominated transactions. Governmental sources believe that the Russian banking sector is "ready to handle the increased number of ruble-denominated transactions".
According to the Prime news agency, on April 24th the government organized a special meeting dedicated to finding a solution for getting rid of the US dollar in Russian export operations. Top level experts from the energy sector, banks and governmental agencies were summoned and a number of measures were proposed as a response for American sanctions against Russia.
Well, if the west wanted Russia's response to ever escalating sanctions against the country, it is about to get it.
The "de-dollarization meeting” was chaired by First Deputy Prime Minister of the Russian Federation Igor Shuvalov, proving that Moscow is very serious in its intention to stop using the dollar. A subsequent meeting was chaired by Deputy Finance Minister Alexey Moiseev who later told the Rossia 24 channel that "the amount of ruble-denominated contracts will be increased”, adding that none of the polled experts and bank representatives found any problems with the government's plan to increase the share of ruble payments.
For the benefit of our Russian-speaking readers, the interview with Moiseev is below and the transcript can be found here: