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Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed

 
Anonymous Coward
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03/08/2014 01:14 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
 Quoting: Elena.C


Hello
Anonymous Coward
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03/08/2014 01:30 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Russia prepares bill on foreign asset freeze in reply to sanctions – senator

[link to rt.com]



Anonymous Coward
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03/08/2014 01:34 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
don't russians remember bread lines and gulags? having to sit in their tiny hovels with no travel freedom, boozing themselves to death in despair? well those were the good times when there was a soviet "empire" to pillage. what will it look like this time when the world puts them back in their much smaller box? just gulags cause there won't be any bread to line up for.

if the russians could harm the us economy in any way they would have done it loooong ago. watch what putin can do to the russian economy in minutes. he can destroy all to pieces.
Anonymous Coward
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03/08/2014 01:42 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
I find the average chest thumping American amusing because they are illiterate, have zero understanding of currency and are so delusional they believe America is the only super power. I got news for you brainwashed, fluoride drinking dunderheads.
1- Our country is so fucked the government has to fabricate ALL statistics so you retards believe all is well. For example unemployment, if you take into account the under employed and those who have given up the unemployment rate is closer to 30%.
2- More American soldiers have committed suicide than have died in action over in Iraq and Afghanistan since those wars started.
3- The US military is so stretched thin they are using National Guardsmen and recruitment of new bodies is at all time lows.
4- The US dollar is propped up by oil, thus the reason it's known as the petro dollar. If Russia decides to do all commerce in a basket of currencies excluding the dollar or decides to use the Euro or Ruble, the dollar will lose footing. If Europe balks and says no, then Russia can shut off the supply of resources such as natural gas. Iran is an ally of Russia, so they could realistically follow suit and stop supplying natural gas to Europe as well, thus completely screwing Europe.
5- Russia is a member of BRIC, which means Brazil, India and China will follow the lead of Russia shall they decide to do the same. So the US would lose standing with those 3 very large economies as well.
6- The average intelligence of the American citizen is that of a slug, they are dumb as fuck. Our country doesn't produce anything besides flawd vehicles, debt, war and retarded people.
7- Americans believe that the US is the only country in the world who has been developing military technology while the rest of the world has been doing god knows what. Whereas the truth is members of BRIC have been working together to develope weapons technology to counter American military technology.
8- Americans think the dollar is un-touchable when the truth is it is worth NOTHING. There is nothing to back it's value up. If BRIC were to drop all dollar based assets and form a mutual reserve currency of their own a whole lot of countries would follow suit because the US has nothing besides paper/digital currency to exchange for goods and services.
I can continue, but I will stop at that.

 Quoting: thadividedsky



I bet you are not even American.

Bric.....lololololol.

So what? Good for them. Every country should be self reliant as it can or have good trading to get what they need partners.
 Quoting: Anonymous Coward 47893151


You'd lose that bet because I am American. I do agree that every country should be self sufficient and shouldn't need to rely on other countries to get by. Sure, laugh at BRIC all you want, fact is that coalition amounts to the majority of people on the globe, hold the majority of natural resources on the globe and take their alliance very seriousley, unlike my own country who shits on everyone, invades other countries that have done nothing to us and exchange a worthless currency for goods and services. What would BRIC do without America as a partner? The US only amounts to about 3% of their combined trade, so they would barely notice a dip in commerce. The US is becoming a 3rd world nation quickly, it would be smart for BRIC to cut this junky of a nation off before we take them down with us.
 Quoting: thadividedsky


1 - They do not own the majority of resources Canada is 3 in the world with the largest oil ressources.
2 - Who do you think produces more food in the world and sells it to other nations because they fucking need to eat ?
3 - They cannot drop the American currencies because USA is one of the largest importers of good in the world, do you think they would start to buy these goods in Chinese , Russian or any other currencies??
4 - Now you siding with the Russian because they think its ok to invade an independent country is prove that USA does produce a lot of morons.
5 - If you hate the USA so much maybe you should move to Russiaor China since you seem so happy with them.
Anonymous Coward
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03/08/2014 01:58 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
source: [link to scgnews.com]

On Tuesday Reuters reported that a Kremlin aid Sergei Glazyev had announced that if the U.S. were to impose sanctions on Russia Moscow may drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks saying that Moscow could recommend that all holders of U.S. treasuries sell them if Washington freezes the U.S. accounts of Russian businesses and individuals.

Sergei Glazyev - Russia Will Crash U.S. Economy if Sanctions are Imposed

“We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves,” said Glazyev.
“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system”

That statement is startling by itself, but the true gravity of this situation is only evident when you consider it in context. China has taken Russia’s side in the Ukraine conflict (they are after all allies) and China holds the lion’s share of U.S. treasuries. If Russia puts out the call to drop the dollar China would have a choice: either hold on to those treasuries while the dollar slides (losing their shirt in the process) or join Russia and dump their holdings as well. It should be pretty obvious which way China would go.
 Quoting: woo hoo 21142225


How can they crash the U.S. economy, because by that time America will have nuked the Kremlin....If anyone drops the dollar, WWIII baby....that's how it works....America can hit as hard as fukin Russia...

Anonymous Coward
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03/08/2014 01:59 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
LOL, as an American with a brain I think that's some funny shit.

Sorry, but this nation (not the average citizen, but the people that run the show) has been fucking people all over the world over for decades.

We have a storied history of only picking on nations with no viable recourse against our aggression.

Russia is not to be fucked with, economically or militarily, without putting up one hell of a fight.

I love it.

I'm sorry, as an American I guess it will suck if we get our asses handed to us when shit hits the fan, but as a human being I have to say that this nation has racked up some pretty shitty karma over the generations and we are now only reaping what we've sown.
 Quoting: Em18966


A Nation's Karma. Like the radiation from Fukishima coming from Japan because of Hiroshima 70 years later?
 Quoting: Anonymous Coward 46585944

Did japan not attack first?
Anonymous Coward
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03/08/2014 02:01 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
wy tough guy putin bully us little umerikans so much, what 5 u.s's fit inside great huge country russia.
 Quoting: Anonymous Coward 55210825


Actually,

Canada+USA+Australia+India+Australia+Iceland+France+Germany

+Japan+?????

becomes obvious:

The allies of the free world aligned with NATO

and Pro Western Forces

Are WAY, WAY , WAY

more Immense than all of Russia and China

and Iran and Pakistan and so on......
Anonymous Coward
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03/08/2014 02:50 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
source: [link to scgnews.com]

On Tuesday Reuters reported that a Kremlin aid Sergei Glazyev had announced that if the U.S. were to impose sanctions on Russia Moscow may drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks saying that Moscow could recommend that all holders of U.S. treasuries sell them if Washington freezes the U.S. accounts of Russian businesses and individuals.

Sergei Glazyev - Russia Will Crash U.S. Economy if Sanctions are Imposed

“We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves,” said Glazyev.
“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system”

That statement is startling by itself, but the true gravity of this situation is only evident when you consider it in context. China has taken Russia’s side in the Ukraine conflict (they are after all allies) and China holds the lion’s share of U.S. treasuries. If Russia puts out the call to drop the dollar China would have a choice: either hold on to those treasuries while the dollar slides (losing their shirt in the process) or join Russia and dump their holdings as well. It should be pretty obvious which way China would go.
 Quoting: woo hoo 21142225



Should be just around April sometime.... hold on to your hats folks.... shit storm is coming....
Anonymous Poster

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03/08/2014 02:57 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Americans are seriously cheering Putin on?! Fucking commie traitors. I don't like Obama in the slightest, but I'll be damned if I ever let my personal disdain for elected leaders cloud my love and duty to protect my own country.
 Quoting: Anonymous Coward 29412599


Look....someone has to stop the cabal. That's why people are cheering Putin on. In reality, he is taking up for all of us Americans.
Anonymous Coward
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03/08/2014 03:04 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Now Now you all playnice and do what th jews tell you to do
Anonymous Coward
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03/08/2014 03:36 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Nah flop put him in that garbage can with high tech and good Luck
Anonymous Coward
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03/08/2014 03:53 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
I am willing to bet we will have another Cold War rather then WW3.

Time to launch another Star Wars missile program!
Anonymous Coward
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03/08/2014 03:58 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
This will be the best thing for the planet next to isis ra el being destroyed.
Anonymous Coward
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03/08/2014 04:01 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
One thing to keep on an eye on is the Baltic Shipping trade.

Dad told me he knew in 2008 the economy was going to tank and was surprised it didn't actually tank further because he saw during that summer a bunch of goods ships were being sold off and the index value plunged like a rock and stayed low for several months before the actual crash.
Anonymous Coward
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03/08/2014 04:21 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Anonymous Coward
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03/08/2014 04:33 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
1 - They do not own the majority of resources Canada is 3 in the world with the largest oil ressources.
2 - Who do you think produces more food in the world and sells it to other nations because they fucking need to eat ?
3 - They cannot drop the American currencies because USA is one of the largest importers of good in the world, do you think they would start to buy these goods in Chinese , Russian or any other currencies??
4 - Now you siding with the Russian because they think its ok to invade an independent country is prove that USA does produce a lot of morons.
5 - If you hate the USA so much maybe you should move to Russiaor China since you seem so happy with them.


1.Sorry - Canadian shale oil is way expensive.
2.We will not be growing much this year and everyone will crap when basic food prices soar This Summer.
3.Sales of crap to the USA is tanking. China's boom time is over - we're broke.
4.Russia will not have Nazi's next door - end of story.
5.You are living in a communist run country now.
Anonymous Coward
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03/08/2014 04:41 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
NO matter what you people think Russia and China along with many other developing nations will win this economic war being waged by the West. All you patriotic flag waving idiots don't realize that the West has been hijacked by Satan worshipping Illuminati. If you don't believe me....I don't give a shit, but you will see his play out and America and the West will collapse. And for all you piles of shit that says we are not Americans for thinking this way...let me reclarify....I am not a Satantist worshipping scum and therefore will not support any laws against the Lord of Heaven. So if you "patriots" want to support this Satanic System I suggest you pack you and you children and lead the charge carrying he banner of Satan before you. As for me and my House I serve the Lord and not align myself with evil of the highest order !!!!!! Also further more Russia and China are not Fascists like he West has become so take your Commie comments and shove them up your ass you Nazi supporting POS.
Anonymous Coward
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03/08/2014 05:30 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
The entire Russia/Ukraine situation is a show and I'm calling BS. Russia has had long ties with Ukraine, dating back to the 18th century, when they took it from the Ottoman Empire. In 1954, Khrushchev (1/2 Ukranian), gave back Crimea back to Ukraine as a gift.

In 1997, Russia and Ukraine signed The Partition Treaty. This allowed Russia to have up to 25K troops on Crimea at any given time. The ousted Yanukovych, has a history of problems. He's spent two stints in jail during his youth for violent crimes, made millions while in office, and now $37 billion has went missing.

Now, you tell me, why we should give one f#*k about this problem? Nor should NATO, as Ukraine is not part of it. This is a Russian/Ukraini an issue. If you ask me, this is a smoke and mirrors event.

In the mean time, the BRICS countries are working on ending the US dollar as the world's reserve currency, a handful of top level global bankers are committing "suicide," Etc.
Anonymous Coward
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03/08/2014 05:43 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
The Ukraine news keeps coming steady on the conveyor belt. Multiple psyops are in play...some aimed at media, the competing countries, and of course the usual bamboozling the public as to what the real motivations are.
Anonymous Coward
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03/08/2014 06:01 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Amerikanski are a bunch of Pussy's with a Pussy for a leader.
Anonymous Coward
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03/08/2014 06:31 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
With USA, this thread proves only one thing, and that is that truth has flown away with the flying pig!
Really????
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03/08/2014 06:53 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
Americans are seriously cheering Putin on?! Fucking commie traitors. I don't like Obama in the slightest, but I'll be damned if I ever let my personal disdain for elected leaders cloud my love and duty to protect my own country.
 Quoting: Anonymous Coward 29412599


NONE of us has a 'country' moran...we are all widgets in corporations. Get thee to a library ASAP and figure that out on your own....
 Quoting: Anonymous Coward 54870554


hesright
Anonymous Coward
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03/08/2014 07:33 PM
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Re: Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed
that's probably been "part of the plan" from the beginning

frankly

it's all smoke and mirrors for the most part

why would this be any different potentially?

remains to be seen and known I imagine

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