Military Review

11 International Agreements - 11 nails hammered into the coffin of petrodollar

91
11 International Agreements - 11 nails hammered into the coffin of petrodollar

Is the petrodollar dead? Well, in general, not yet, but the nails in his coffin are hammered right now, in the minutes when you read this article. For decades, most countries in the world used the US dollar to buy oil and trade with each other. In effect, the US dollar acted as a true global currency. Virtually every country on Earth needed piles of dollars for international trade. This made inevitable a huge demand for US dollars and US government debt. The demand for dollars kept prices and interest rates low and gave the American government enormous power and influence throughout the world. Today, US dollars account for more than 60 percent of all foreign exchange reserves in the world. But times are changing. Over the past few years, a whole series of international agreements have been concluded that have reduced the importance of the dollar for international trade. The mainstream media in the United States is strangely silencing all of these agreements, but the truth is that they set the stage for a fundamental change in the way that trade is conducted throughout the world. When the petrodollar dies, it will have an absolutely apocalyptic effect on the American economy. Unfortunately, most Americans are completely unaware of what is happening with the dollar.

One of the reasons why the Federal Reserve System got away with flooding the financial system with US dollars was because the rest of the world absorbed most of those dollars. The rest of the world needed a huge amount of dollars to trade among themselves, but what happens if they no longer need dollars?

Will we see the inflationary tsunami when the demand for the dollar collapses?

The power of the US dollar is one of the pillars holding onto our economy. As soon as this backup is removed, we will have huge problems.

So - 11 international agreements that are hammered into the coffin of petrodollar ....



No. 1 China and Russia

China and Russia decided to start using their own currencies in trading among themselves. Quote from the article in the China Daily about this important agreement ....

China and Russia decided to abandon the US dollar and switch to using their own currencies for bilateral trade, this was announced late on Tuesday by Chinese Prime Minister Wen Jiabao and his Russian counterpart Vladimir Putin.

Chinese experts said that this movement reflects closer relations between Beijing and Moscow and is aimed not at challenging the dollar, but at protecting their own economies.

“When making settlements, we decided to use our own currencies,” Putin said at a joint press conference with Wen Jiabao in St. Petersburg.

These two countries, for bilateral trade, were accustomed to use other currencies, in particular dollars. But, with the beginning of the crisis, high-ranking officials on both sides began to consider other opportunities.



No. 2 China and Brazil

Did you know that China is the largest trading partner of Brazil?

The largest economy in South America has just signed an agreement on currency exchange with Asia's largest economy. Quote from a recent BBC article ....

In order to counter the global financial crisis and strengthen trade relations, China and Brazil concluded an agreement on currency exchange.

This will allow their central banks to exchange local currencies for up to 60 billion Reals or 190 billion yuan ($ 30 billion; £ 19 billion).

These amounts can be used to strengthen gold reserves in times of crisis or for the development of bilateral trade.



No. 3 China and Australia

Did you know that Australia is Australia's largest trading partner?

Australia also recently concluded a huge currency exchange agreement with China. Quote from a recent article in Financial Express ....

The Reserve Bank of Australia reported that the Central Banks of China and Australia, in order to ensure the movement of capital between trading partners, have signed a currency exchange agreement worth 30 billion Australian dollars (31.2 billion USD).

“The main objectives of the currency exchange agreement are to support trade and investment between Australia and China, especially in local currencies, and to strengthen bilateral financial cooperation,” said a statement published on the RBA website. “The agreement reflects increasing opportunities for the development of trade and investment between the two countries with settlements in Chinese renminbi.”

China is expanding the range of countries with which currency exchange agreements have been concluded, as this contributes to the international use of the yuan, and the agreement with Australia follows similar agreements signed with South Korea, Turkey and Kazakhstan. China is Australia’s largest trading partner and accounts for about a quarter of Australian sales abroad.



No. 4 China and Japan

The second and third world economies decided that they should start moving towards using their own currencies by trading with each other. This is an incredibly important agreement, but it was almost completely ignored by American media.

According to a Bloomberg report, it is expected that this agreement will strengthen ties between the two Asian giants ....

The Japanese government said that Japan and China would facilitate the direct exchange of yen and yuan, without using the dollar, and encourage market development for companies involved in the exchange.

The Japanese government, in a statement yesterday, after the meeting in Beijing of Prime Ministers Eshihiko Noda and Wen Jiabao, said that next year Japan was also going to buy Chinese bonds and allow them to invest in renminbi from China. The development of direct exchange yen - renminbi should reduce currency risks and trading costs.

China is Japan’s largest trading partner with 26.5 trillion yen ($ 340 billion) in bilateral transactions last year, a decade ago that was 9.2 trillion yen.



No. 5 India and Japan

But not only China concludes currency exchange agreements. According to Reuters, India and Japan also agreed on a very large currency transaction ....

Japanese Prime Minister Eshihiko Noda said Wednesday that India and Japan had agreed on a currency exchange line worth 15 billion USD. This is a positive move for the troubled Indian rupee, Asia’s worst performing currency this year.



No. 6 "Oil for Junk": how India and China buy oil from Iran

Iran still sells a lot of oil. It simply does not exchange oil for US dollars in such quantities as before.

So how does Iran sell its oil without using dollars?

A recent article in Bloomberg detailed what exactly countries like China and India give in exchange for Iranian oil ....

Iran and its leading oil buyers, China and India, are finding ways to circumvent the financial sanctions of the US and the European Union imposed on the Islamic republic, they agree to exchange oil for local currency and goods including wheat, soybeans and consumer goods.

According to Indian officials, India, the second largest oil importer from Iran, opened a rupee account in a state-owned bank in order to pay as much as 45 percent of Iranian bills. Mahmoud Bahmani, head of the Central Bank of Iran, told 28 in February that China, Iran’s largest oil client, is already paying some of its oil debts through barter. According to media reports from Pakistan and Russia, Iran is also trying to exchange oil for wheat from these two countries.



No. 7 Iran and Russia

According to Bloomberg, Iran and Russia decided to abandon the US dollar in bilateral trade and use their own currencies to do this ....

Iranian state news agency Fars reported, quoting Seyed Reza Sayyadi, the Iranian ambassador to Moscow, that Iran and Russia replaced the US dollar with their currencies in bilateral trade.

The proposal to switch to the ruble and rial was made by Russian President Dmitry Medvedev at a meeting with his Iranian counterpart, Mahmoud Ahmadinejad, in Astana, Kazakhstan, at a meeting of the member countries of the Shanghai Cooperation Organization, the ambassador said.



No. 8 China and Chile

China and Chile have recently signed a new agreement that will sharply increase the volume of trade between the two countries, and will also likely lead to a significant exchange of currencies between them ....

A quote from a recent report describing this new agreement between China and Chile ....

Wen Jiabao called on both countries to expand trade in goods, promote trade in services and mutual investments, and double bilateral trade in three years.

The Chinese leader also said that the two countries should increase cooperation in the mining industry, expand trade in agricultural products and promote cooperation in the production and processing of agricultural products and agricultural technologies.

China would like to be an active participant in the construction of Chile’s infrastructure and, together with this country, to promote the development of the transport network in Latin America, said Wen.

At the same time, Wen proposed that the two countries begin currency exchange and increase the volume of settlements in the renminbi.



No. 9 China and United Arab Emirates

According to CNN, China and the United Arab Emirates recently agreed to sign a very large currency exchange agreement ....

In January, Chinese Prime Minister Wen Jiabao visited the United Arab Emirates and signed a currency exchange agreement for 5.5 billions of US dollars in order to expand trade and investment between the two countries.



No. 10 China and Africa

Did you know that China is today Africa’s largest trading partner?

For many years, the US dollar has been dominant in Africa, but now the situation has changed. The report of the largest bank in Africa - Standard Bank, states the following ....

“We expect that by 2015, at least $ 100 billion (about 768 billion South African rand) in China-Africa trade - more than all bilateral trade between China and Africa in 2010 year - will be paid in renminbi.”


No. 11 Brazil, Russia, India, China and South Africa

The BRICS countries (Brazil, Russia, India, China and South Africa) are becoming an increasingly significant factor in the global economy.

A recent agreement between these countries sets the stage for more and more use of their own currencies, rather than the US dollar, to trade with each other. Quote from a news source in India ....

The five major emerging economies - Brazil, Russia, India, China and South Africa - are going to give even greater economic impetus to their group by signing at the fourth summit of their leaders on Thursday two agreements on the development of trade within BRICS.

The two agreements that will allow lending services in local currency to firms of the BRICS countries will be signed in the presence of the leaders of these five countries, Sadhir Vyas, secretary of economic affairs of the Ministry of Foreign Affairs, told reporters.

Contracts are expected to increase trade between the BRICS countries, which grew by 28 percent over the past few years, but with the current $ 230 billions, it remains well below the potential of the five economic powers.



So what does all this mean?

This means that the days of the US dollar, as the de facto global reserve currency, are numbered.

But why is this so important?

In the previous article, I quoted a wonderful article by Marin Katus, which detailed many of the important advantages that the petrodollar system possessed for the US economy ....

Creating a system of "petrodollar" was a brilliant political and economic move. He made oil money all over the world flow through the US Federal Reserve, creating ever-growing international demand for both the US dollar and American debt, essentially allowing the United States to own much of the world's oil for free, because the value of oil was nominated in the currency that States controlled and printed. The petrodollar system has spread far beyond the oil, because most of the calculations in international trade are carried out in US dollars. This means that all countries, from Russia to China, from Brazil to South Korea, strive to maximize the reserves of the US dollar derived from export trade in order to buy oil.

The United States received many benefits from this. When oil consumption in 1980-s increased, along with it, the demand for the US dollar increased, thereby raising the American economy to new heights. But even without economic success at home, the US dollar would still skyrocket, because the petrodollar system created constant international demand for US dollars, which, in turn, increased in price. A strong US dollar allowed Americans to buy imported goods at a huge discount — the petrodollar system essentially gave subsidies to American consumers at the expense of the rest of the world. And then the negative aspects of the system appeared: the availability of cheap imports hit hard the American manufacturing industry, and the disappearance of production jobs remains one of the biggest problems in the revival of the American economy today.



What happens when the petrodollar dies?

Below is a listing of some things that we are likely to see ....

- Oil will cost much more.

- Everything will cost much more.

- Foreign demand for US government debt will be much less.

- Interest rates on US government debt will rise.

- Interest rates on almost everything in the American economy will rise.

And this is just for starters.

As I wrote earlier, the Federal Reserve is not going to save us. Ben Bernanke can't wave his wand and make it OK. Fundamental changes in the global financial system are taking place right now, and Bernanke is unable to stop them.

We shouldn't have gotten into such debts. Until now, we have come out of the water, but when the demand for US dollars and American debt runs out, it will be very painful.

Keep your eyes and ears open for News similar to those to which I referred above. The end of the petrodollar will be a very significant landmark on the road to the complete collapse of the American economy.


So what do you think about the fate of the US dollar? What awaits him ahead?

Please feel free to leave your comment below ....



From the translator: in one of the comments to the article it is said that “the future of the American economy will look something like this ...”
Originator:
http://theeconomiccollapseblog.com
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  1. andrei332809
    andrei332809 16 October 2012 11: 16
    +23
    everyone has been looking forward to this for a long time. But hysterics will have to endure an immeasurable amount. the whole "civilized" world will be hysterical
    1. DEMENTIY
      DEMENTIY 16 October 2012 11: 41
      +28
      everyone has been looking forward to this for a long time. But hysterics will have to endure an immeasurable amount. the whole "civilized" world will be hysterical


      I'm afraid some tantrums will not do!
      Although their characters are dumb, they don’t have donkeys and elephants.
      It was not for this that they made the war machine so that it would rust under the economic crisis. They always have a scumbag the chance remains 3-th world to zero in half the world production, i.e. to bomb in the Stone Age - you look again on a horse like 41m.
      Ambiguous news - such bring the denouement closer.
      1. Ustas
        Ustas 16 October 2012 14: 47
        +6
        Quote: DEMENTIY
        They scum always have a chance to remain of the 3rd world to zero production in half the world, i.e. to bomb in the Stone Age - you look again on a horse like 41m.

        Yes, only now the situation is just the opposite. Pi dnosy will no longer be able to sit out over the ocean and enter the war when the opponents are weakened. They will have to play the main role of Hitler. Well, the end of this opera is known: the flag over the Reichstag!
    2. nycsson
      nycsson 16 October 2012 11: 53
      +11
      I liked how Nikolay Starikov says all kinds of dollars and savings. I give a link to the video.

      http://politikus.ru/video/2753-nikolay-starikov-v-programme-effekt-vremeni.html

      As for the eleven nails, all this will make America and its partners act even tougher and bolder! I think that there will be no naive people who think that the Anglo-Saxons will so easily let everything go on the brakes!
      1. urzul
        urzul 16 October 2012 12: 02
        +16
        All will lead to one result, a global military conflict. Economic methods cannot solve the problem here.
        1. S_mirnov
          S_mirnov 16 October 2012 15: 29
          +3
          I extremely agree with Urzul, it seems that things are approaching war, the main thing is that America and China do not begin to sort out their relations on our territory.
          Here in the article about nails the question "what does all this mean?" I will explain for those who do not understand - this means that China is actively pursuing its policy on a global scale and give a fuck about the United States (as you can see, almost all the nails are hammered by the Chinese hand), but it's a shame for Russia that something is not enough nails with her hand, you see the wrong people in power.
          Where to start is already clear and a lot of words have been said about this, but no cases
          http://www.youtube.com/watch?v=tPcpoqlUUr8&feature=player_embedded
          Looks like we are waiting for solutions to this issue.
          As for the cries of joy over the collapse of the dollar, so far in America the strongest industry and the army and our people keep their savings in dollars, not in rubles. So I see no reason for optimism.
          1. Bashkaus
            Bashkaus 16 October 2012 16: 52
            0
            In this regard, Russia has had purely organizational responsibilities since the beginning of the 90s, as it may sound strange. It is necessary to order a priest for the funeral service of the petrodollar, to buy and dig a grave, to order wreaths and an orchestra. But hammering a nail is not the most important thing, because you can arrange a crematorium; )))
          2. nycsson
            nycsson 16 October 2012 17: 48
            +1
            Quote: S_mirnov
            see the wrong people in power.

            Yes, this is a hedgehog in the forest!
            Quote: S_mirnov
            So I see no reason for optimism.

            I agree! I repeat:
            I liked how Nikolay Starikov says all kinds of dollars and savings. I give a link to the video.
            http://politikus.ru/video/2753-nikolay-starikov-v-programme-effekt-vremeni.html
          3. Alexei
            Alexei 16 October 2012 19: 36
            0
            Quote: S_mirnov
            (as you can see, almost all the nails are hammered with a Chinese hand), but it’s a shame for Russia that it’s not enough nails boarded up with her hand, you see the wrong people in power.

            But on the other hand, there is a small prospect that the states will fight with China, and Russia will smoke on the sidelines. Are you out of your mind at all? What other "nails"? First, you need to cover your ass with a pood shield, and then ride porcupines.
            1. crazyrom
              crazyrom 16 October 2012 21: 01
              +1
              All this can be summarized with one little childish phrase: "Oh, what a boouuudeettt!"
          4. saturn.mmm
            saturn.mmm 16 October 2012 21: 48
            0
            Quote: S_mirnov
            Here in the article about nails the question "what does all this mean?" I will explain for those who do not understand - this means that China is actively pursuing its policy on a global scale and give a fuck about the United States (as you can see, almost all the nails are hammered by the Chinese hand), but it's a shame for Russia that something is not enough nails with her hand, you see the wrong people in power.

            So with the dominant America, we poorly poorly live together on the planet, but with the dominant China how will be a big question.
            So running around, frantic, with nails and hammers is probably not worth it.
        2. 11 black
          11 black 16 October 2012 16: 07
          +2
          Totally agree, war is inevitable, WORLD war, everything goes to this - the question is when? And will we have time to prepare for it?
          1. nycsson
            nycsson 16 October 2012 23: 25
            0
            Quote: 11 black
            And will we have time to prepare for it?

            Do not have time! They disarm us on the contrary, not arm us! crying
        3. Alexei
          Alexei 16 October 2012 19: 28
          +1
          Quote: urzul
          All will lead to one result, a global military conflict. Economic methods cannot solve the problem here.

          You write terrible things, I VERY want you to turn out wrong. recourse
    3. Ross
      Ross 16 October 2012 12: 19
      +5
      andrei332809,

      It is a pity Stalin will not see this long-awaited end of America; he has done so much for this.
    4. Hans grohman
      Hans grohman 16 October 2012 13: 12
      +1
      Interestingly, if their oil will cost more, it would be logical to assume that it will cost cheaper here?
      1. btsypulin
        btsypulin 16 October 2012 15: 15
        +1
        It is not at all a fact that oil will cost us cheaper if it costs them more.
    5. mox
      mox 16 October 2012 20: 57
      0
      It is naive. They were already waiting for the collapse of imperialism. Did not wait.
      The USA is the largest economy and largest consumer. In the future, the yuan could replace the dollar, but it is not freely convertible (the rate is determined not by the market (exchange), but by a resolution of the CPC Central Committee). The euro failed to compete.
      So everything in the exchanger!
    6. B_O_B
      B_O_B 16 October 2012 21: 05
      +1
      We will help to gain the sovereignty of our country.
      Support with your voice laws on the Central Bank and the accounts of officials.
      http://xn--80aaa1adhjeocceei3ixdp.xn--p1ai/petit1.php
  2. Hippopotamus
    Hippopotamus 16 October 2012 11: 19
    +6
    There he, the green candy wrapper, and the road!
    1. strannik595
      strannik595 16 October 2012 12: 19
      +6
      the fall will be cruel wink
      1. strannik595
        strannik595 16 October 2012 12: 40
        +3
        commentary on the video ...... the main thing is to escape from the wave when it all collapses .... and it will be more difficult to escape than they did it on a boat what
      2. Odessa
        Odessa 16 October 2012 12: 42
        0
        strannik595,
        An interesting postcard if the dollar falls out of the financial world system. So who will replace it, will the yuan really replace it and fall out, and will be a purely regional currency of the United States, so what losses will the Rockefellers and others suffer, which will undoubtedly lead to the collapse of the financial system , because today almost all the national currency pegs go in relation to the dollar.
        By the way, in Ukraine, all these games with banknotes have already passed, from the ruble and coupons, millions to the hryvnia, little has changed for the better, the same inflation and the same economic instability.
        1. baltika-18
          baltika-18 16 October 2012 13: 57
          +4
          Quote: Odessa
          in Ukraine, all these games with banknotes have already passed, starting from the ruble and coupons, millions and ending with the hryvnia, little has changed for the better, the same inflation and the same economic instability.

          Inflation is the eternal and inevitable companion of the economy of loan interest. At least a dollar, even a ruble, even a yuan.
          1. Odessa
            Odessa 16 October 2012 14: 54
            0
            baltika-18,
            Inflation is the eternal and inevitable companion of the economy of loan interest. At least a dollar, even a ruble, even a yuan.

            Not always, by the way, you can also take into account the devaluation, which is also interesting for financiers.
          2. ShturmKGB
            ShturmKGB 16 October 2012 15: 02
            +1
            It will be shitty to everyone, but to drug addicts when they throw shitty, but you have to quit ...
            1. Odessa
              Odessa 16 October 2012 15: 37
              0
              ShturmKGB,
              It will be shitty to everyone, but also to drug addicts when they throw shitty, but you have to quit ..

              Amer didn’t jump off the oil needle without a fight, he didn’t notice badly, he can break the buck, but you don’t break the amers, they live by it, so they have such a reaction to the introduction of their military contingent to any country in the world, and the arrangement of the Arab springs, etc. .d.
        2. Anti
          Anti 16 October 2012 20: 32
          0
          Odessa,

          And what about this?

          about the New American currency AMERO, which should replace the dollar.

          In the photo you can see a sample of a bill of the North American Union issued by the Fed in 2009.
          1. Odessa
            Odessa 16 October 2012 22: 09
            0
            Anti,
            And what about this?

            about the New American currency AMERO, which should replace the dollar.

            In the photo you can see a sample of a bill of the North American Union issued by the Fed in 2009.

            I wrote that in Ukraine we went through these candy wrappers, they can issue at least a one thousand dollar bill with the image of Obama, but what will change from this? Will they stop going to the East for the purpose of making oil? Or will they immediately become kind and fluffy?
            1. Anti
              Anti 17 October 2012 00: 23
              0
              But what about the economies of other countries?
              Yes, they won’t become fluffy, but they will fill up many if they go for it, or?
              1. Odessa
                Odessa 17 October 2012 01: 46
                +1
                Anti,
                But what about the economies of other countries?
                Yes, they won’t become fluffy, but they will fill up many if they go for it, or?

                Without or. Look at today's comments, Ascetic posted a video link, it explains everything in great detail and intelligibly.
          2. mongoose
            mongoose 17 October 2012 10: 30
            0
            you can release anything, but only who needs these amero!
  3. Dinver
    Dinver 16 October 2012 11: 27
    +6
    The dollar will live as long as it is beneficial to the holder countries, even a large bank or an exchange player can kill it, not to mention countries, transferring their accounts from dollars, say to euros or gold, which would create a panic on the exchanges and lead to a final depreciation. As soon as he becomes no longer needed to replace him. It is not for nothing that today all countries polls buy gold to fill state reserves.
  4. aksakal
    aksakal 16 October 2012 11: 29
    +2
    The process has begun, as in the healing process, the treatment process itself is often no less unpleasant than the disease itself. Here are just the finals are very different - with the development of the disease - a fatal outcome, with the development of treatment - healing. We have patience for the treatment procedure - it will be a little painful. For a while. And to the whole world. What can you do?
  5. Shkodnik65
    Shkodnik65 16 October 2012 11: 38
    +4
    It is certainly correct, and he is dear there. But all the previous experience of my life suggests that it is not so simple, when there is only one step to the goal, the earth leaves under its feet. Wait and see!
  6. Bekzat
    Bekzat 16 October 2012 11: 46
    +3
    I do not have financial education, but I dare to assume that the state economy will collapse, and this will affect other countries too.
    1. mongoose
      mongoose 16 October 2012 12: 01
      +6
      Well, despite what the term "collapse" means, crazy is unlikely to disappear once, but it will be a completely different America
  7. NAV-STAR
    NAV-STAR 16 October 2012 11: 52
    +5
    It is not necessary to forget such a thing as the US carrier fleet, it is important that the last nail in the lid of the dollar coffin does not activate the aircraft carrier and does not provoke a global conflict. I hope the warring countries will go masterfully along the razor's edge.
    1. Arkan
      Arkan 16 October 2012 12: 37
      +3
      Quote: NAV-STAR
      Nenad forget the concept of the US carrier fleet

      A large fleet and a large army are good when there is money (and not candy wrappers) and everything is dignified in the country, otherwise ... In the American army, according to various sources, about 30% of soldiers are for the sake of American citizenship. how they will serve America if the standard of living in the US begins to decline.
      1. Bashkaus
        Bashkaus 16 October 2012 16: 58
        +1
        In addition, the practice of new Russia shows that when there is no money, planes do not fly, and ships do not go to sea. So it is not a fact that the Amers just have the means to use military force.
  8. Slavs69
    Slavs69 16 October 2012 11: 56
    +6
    One thing is certain ..... neither ... x ... I don’t understand in this economy fool but there is concern recourse
  9. Alexander Romanov
    Alexander Romanov 16 October 2012 11: 57
    +6
    How much the amers did not try to build a unipolar world with full gigemony of the dollar, but that's how it turned. Good article, nice to read yes
    1. bask
      bask 16 October 2012 12: 24
      +3
      Alexander, in any situation, they would not be able to build a unipolar world. And their, energy resources (oil, gas,), Russia's forest needs to be sold only for rubles or for gold. And do not add up, export greens to the Amer and Euro ... economies. Who is it deals with arrest and full nationalization !!!
      1. aksakal
        aksakal 16 October 2012 15: 48
        0
        Quote: bask
        Alexander, in any situation, they would not be able to build a unipolar world. And their, energy resources (oil, gas,), Russia's forest needs to be sold only for rubles or for gold. And do not add up, export greens to the Amer and Euro ... economies. Who is it deals with arrest and full nationalization !!!

        - Yes, Mother Nature herself resists the monopoly by laying inside herself the mechanism of self-destruction! Maybe for a short time it would be possible, but the result would be the same - fatal or lethal, as you want.
        1. bask
          bask 16 October 2012 16: 06
          +1
          aksakal. I am opposed to it Now, without a planned economy, Someone has nothing to eat, and some have small diamonds! About monopolies and a fatal result This is Chubais’s construction equipment for the night, composed by Amer’s agents. And voiced in the Western-Russian (librarian))) media. I found the USSR in childhood and school years. It was communism but we did not notice it. If not this leader, the USSR humpback would be the number 1 superpower in the world. And we did not write comments under different flags !!!
  10. mongoose
    mongoose 16 October 2012 12: 00
    +6
    interesting, and when this happens, will the owners of the FRS be able to impose liberalism in Europe as well? Is it not going to end for the tribesmen of the gang of bankers this massacre?
    1. Arkan
      Arkan 16 October 2012 12: 45
      +1
      Quote: mongoose
      Is it not going to end for the tribesmen of the gang of bankers this massacre?

      ))) It can very well be. In any case, before that it was always and everywhere (though not so global, but what can you do - they themselves wanted globalization). Not long ago, English Jews celebrated the 300th anniversary of their settlement in England .. - the enemies. In fact - then three hundred years have passed since they were allowed to return there. ))))
  11. schapchits
    schapchits 16 October 2012 12: 10
    +1
    Quote: urzul
    All will lead to one result, a global military conflict. Economic methods cannot solve the problem here.

    The conflict between which countries do you mean?
    1. urzul
      urzul 16 October 2012 12: 24
      +4
      America and countries wanting to get out of the colonial system of the dollar. China, Russia
      1. Bigriver
        Bigriver 17 October 2012 16: 44
        0
        I thought about it myself .., and there seems to be logic ...
        Yes, there’s only one factor missing - the uncontrollable desire of the working American people to heroically fight on foreign territory for ... WHAT?
        An ideological study is needed. And for a conflict of this magnitude, this is a lengthy process. This is not to fly into Iran-Afghanistan.
  12. DAGESTAN333
    DAGESTAN333 16 October 2012 12: 17
    +4
    The world is built on credit and loan interest, which is unnatural in principle and leads to impoverishment both materially and spiritually. Give each person 10% of his (honest) income to those in need, and in 10-50 years, those in need will disappear as a class. But man is too dumb and greedy.
    The most stupid and greedy at the moment, these are the owners of the Fed.
  13. max111
    max111 16 October 2012 12: 22
    +2
    The Chinese are just fine fellows, slowly introducing a new world currency - the yuan. Slowly, unobtrusively. Now you can build a gas pipeline to China with a kilometer in diameter, I think they have a printing press no worse than the Fed's.
    1. tambourine 2012
      tambourine 2012 16 October 2012 16: 25
      +1
      max111, but will the Chinese replace the amers on the international stage and will we say that it was better with the amers?
      1. mongoose
        mongoose 17 October 2012 10: 33
        0
        after all, the Chinese are used to operating not for years, but for centuries, and they don’t want to repeat the mistake SSCH (it’s a mistake, although the FRS bankers don’t give a damn about how much). a little over 60? and apparently crashes soon, creating, for sosch huge problems, the Chinese are not so naive
  14. Sasha 19871987
    Sasha 19871987 16 October 2012 12: 49
    +1
    that’s good, otherwise the whole world, it turns out, sponsors the American wars in Afghanistan and Iraq .... enough .... they got the whole world ....
  15. max-02215
    max-02215 16 October 2012 12: 58
    +3
    Everything, as in the 30s, the world is on the verge of another war. and again we are not ready. Of course, these green candy wrappers will depreciate sooner or later, but still, I do not think that this all happens without the participation of Anglo-Saxon puppeteers. Their main goal, as in 41 to pit us with someone, then candy wrappers, will again be in value. IMHO - it is necessary to accept the doctrine that in the case of aggression, it does not matter from whom, the missiles will definitely fly to both merthopolis and the Atlantic, I think then the undercoaters will scratch their turnips
    1. tambourine 2012
      tambourine 2012 16 October 2012 16: 27
      0
      max-02215I fully support you
  16. awg75
    awg75 16 October 2012 13: 15
    +1
    rather, this coffin would be ready for the dollar
  17. understudy
    understudy 16 October 2012 13: 23
    +4
    Yeah ... if you count the number of agreements where China is mentioned, then the conclusion suggests itself - and the nails for the coffin are now also Chinese.
  18. Onotollah
    Onotollah 16 October 2012 13: 30
    +1
    The article is at least ambiguous.
    The fact that amer is done slow circumcision without anesthesia is of course
    good laughing
    But on the other hand - the analogy with an iceberg is very appropriate. When the tops of the iceberg fall apart, then the bottoms, if necessary to maintain equilibrium, make a revolution as a result of which multi-ton blocks of ice make a VERY BIG crumble. That is, the matter may not reach the war (BRICS, CSTO, SCO all together considerable strength both in the military and in the human sense plus sympathizers), but confusion can happen indescribable.
    Now is the time to withdraw money from Amer’s banks. Moreover, quickly, quickly.
  19. cool.ya-nikola
    cool.ya-nikola 16 October 2012 13: 42
    0
    Good article, good news! True, there are fears that, going to the underworld, the Yankees will try to take someone else with them, just so that they are not so bored. Well. yes, God will not betray - the pig will not eat! ... We just need not to relax! soldier
  20. Pit Bull59
    Pit Bull59 16 October 2012 13: 43
    0
    Tell me, what about the RMB exchangers? Is it time for Chinese banknotes to stock up? )))))))))
    1. Arkan
      Arkan 16 October 2012 14: 50
      +3
      Quote: Pit Bull59
      Tell me, what about the RMB exchangers? Is it time for Chinese banknotes to stock up? )))))))))

      You need to stock up on cartridges, and preferably Soviet.))))
  21. patriot2
    patriot2 16 October 2012 13: 51
    0
    amers themselves doomed their dollar to ousting from world markets, now there are few stupid nat. leaders who believe that the dollar is needed in international payments. Yes, and the vile foreign policy of the world gendarme - that saw which amers saw the branch on which they are sitting, their dollar.
    There amer and the road, it is a pity that they saw this bitches very slowly. A fall will be inevitable.
  22. bask
    bask 16 October 2012 13: 51
    +1
    The planned economy and nationalization of the entire gas and oil industry. It will help Russia to get rid of the oil,. Needles, and make the ruble a world convertible currency!
  23. iulai
    iulai 16 October 2012 14: 07
    +2
    if the US comes kirdyk, then Russia will also have to be tight. China can gnaw us and not choke. In the confrontation between the United States and China, Russia should modestly stand aside. if durolems do not break firewood in the Duma and the Kremlin, Russia now has the most advantageous position.
  24. viktor1227
    viktor1227 16 October 2012 14: 11
    0
    But the Orthodox are scared, because they have nothing to lose. And they can shy away, and hello everyone, then we'll figure it out! 22 AUG is serious, though, they are afraid of their eyes, but they are all exactly the same way!
  25. Karabin
    Karabin 16 October 2012 14: 13
    +2
    I do not think that everything is so deplorable for green. These "11 nails" are not as scary as they seem and as we would like to see. The share of world trade is not per dollar, even taking into account the above, is negligible, and in the foreseeable future it is unlikely to change dramatically. It is unlikely that China, Japan or Russia will go to a sharp dump of the dollar, because they are the main holders of America's debts. Large private players are not interested in this either. An article from the category of horror stories for pindoses. Of course, sooner or later the end of the dollar hegemony will come, you cannot live for free all the time, but I think it will happen smoothly, and it is already happening. This is, of course, provided that the amers do not start a world mess, with an unclear end result.
    1. Retx
      Retx 16 October 2012 14: 59
      +3
      They are scary enough! The consequences of all agreements will not appear immediately, moreover, this is only the beginning.
  26. Horla
    Horla 16 October 2012 15: 03
    +2
    The dollar can only be abandoned when our country produces the necessary list of goods within the country. About 70% of engineering, food, medicine, consumer goods, we import from other countries. By the way, China, the main trading partner is the United States, and not Russia, unfortunately. Now, I really don’t remember the exact numbers, a huge number industrial enterprises and real estate in our country are owned by foreign capital - and he does not need profit in rubles. And the most important indicator is that our officials are still sold for dollars, Medvedev said that the first year (and this was somewhere in the summer) from the country flowed more than 35 billion dollars, not rubles !!!
  27. schapchits
    schapchits 16 October 2012 15: 04
    +1
    Quote: urzul
    America and countries wanting to get out of the colonial system of the dollar. China, Russia

    As a result of the conflict between America and Russia, all of humanity could die, since there are no missile defense systems guaranteeing protection against a massive nuclear strike anywhere. But the amers may well unleash a war with Kitwam: the army of China is much weaker, but China is a serious economic threat.
    1. Arkan
      Arkan 16 October 2012 16: 02
      +2
      Russia's energy resources are under reliable protection, but America’s ... in the Middle East, right next to China. And the United States has not yet found an alternative substitute for Middle Eastern oil. In the event of such a war, China may well turn AOE, Kuwait, Saudi Arabia ... into the radioactive desert (all this is good within the reach of their weapons). And this will mean the complete collapse of Western civilization (at least that part of it that does not have time to fraternize with Russia). And yet: How Russia will perceive the mass launch of American rockets? H.Z. where they will fly after the start ... as if it didn’t turn out that after striking China, America did not receive a response from Russia (there would be one more Hochma)))).
      1. zadotov
        zadotov 16 October 2012 19: 01
        0
        who will need your energy resources then?!?!?!
      2. Dock
        Dock 17 October 2012 00: 08
        0
        Not everything is so simple with oil - just recently (a few days ago) the media reported that America was starting to trade its oil. And they, unlike us, have large reserves of it, because they have practically never operated their wells all this time. For some time they can do with their oil, and there they will come up with some kind of muck. Very, s..ki quirky. winked
      3. d.gksueyjd
        d.gksueyjd 17 October 2012 00: 35
        0
        Specify what reliable protection? Probably reliably guarded: Chubais, Serdyukov and Makarov!
        1. Arkan
          Arkan 17 October 2012 16: 22
          0
          Sorry for answering a question with a question, can you name a politician of any country who is ready to tell his people that “It's time to get together and go to Moscow ... and further beyond the Urals?” In Europe, for example, such a call would cause a very cheerful reaction .)))
  28. Nevsky
    Nevsky 16 October 2012 18: 44
    0
    People, do not be offended, but I do not believe in it. Honestly since 2000, I hear about the collapse of America, and things are still there! Anglo-Saxons cunning creatures.
  29. zadotov
    zadotov 16 October 2012 18: 59
    0
    I don’t really like America, but let it happen after my death, since the grief of analysts and home-grown strategists do not see beyond their nose and do not understand the nightmarish consequences of this for Western civilization
    1. Cynic
      Cynic 16 October 2012 19: 34
      0
      Quote:
      analysts and home-grown strategists do not see beyond their nose and do not understand the nightmarish consequences of this for Western civilization

      I know tomorrow is a new morning
      And the new day will be filled with breath ...
      And again, sweet powder will be bitter,
      And her taste of our "yesterday" will remind us ...

      wink
  30. serezhasoldatow
    serezhasoldatow 16 October 2012 19: 13
    0
    Russia and China will not allow the Eisenberg to overturn, since it is not profitable. They will smoothly lower dollars to the lowest common denominator, everything will be fine.
  31. anchonsha
    anchonsha 16 October 2012 20: 02
    0
    To say that the dollar should leave too early, Yes, and you need to think what will happen after even if the dollar sinks into oblivion. The United States will create its new currency and all those who lend to the United States will remain with a nose. There will be nothing for the United States to repay, and it is not in vain that they have so accumulated their debts and have lived at the expense of peace. And again we will be left with nothing. Therefore, I think that China, and all others will pull the United States, raise due to the fact that US debt securities from the whole world, including Russia.
  32. Kyrgyz
    Kyrgyz 16 October 2012 20: 06
    0
    They will be saved by chaos and insecurity of investments all over the world except the USA and no matter who will tear whom and for what, the main thing is that against this background the USA looks like an island of peace unattainable for problems
  33. klavyr
    klavyr 16 October 2012 20: 32
    +1
    Before the start of World War II, as you know, Germany was in a deep crisis. In my opinion, ASPnet is already starting the Third, in order to somehow save its economy. They still have a chance, while people argue which of them has more rights. And they are silent in their own country about the abolition of the petrodollar in order to prevent the second great depression. (this is my personal opinion, even though I'm not a financier)
  34. radar69
    radar69 16 October 2012 20: 57
    0
    It seems to me that in the future China will lay claim to our territory (Siberia, the Far East), because they do not have such a territory and minerals. Therefore, Russia needs to be on the alert! In 1969, in March, the Chinese made an attack on Domansky Island, but were rebuffed.
    1. d.gksueyjd
      d.gksueyjd 17 October 2012 00: 30
      -1
      Yes, then they fought back, and now: there is nothing and no one.
    2. Onotollah
      Onotollah 17 October 2012 06: 14
      0
      In my opinion, if China decides to forcefully seize territories, it will not be Russia with its nuclear weapons and some military potential, but its weaker neighbors: Mongolia, for example, with a total population of about 4 million, Vietnam, maybe the countries of the former USSR Uzbekistan, Tajikistan. All purely IMHO.
      While China has not eaten America, you don’t have to worry. But then - let's see.
      1. mongoose
        mongoose 17 October 2012 10: 35
        0
        and rather Australia, it’s warm there and the entire periodic table laughing
  35. Allegedly
    Allegedly 16 October 2012 21: 13
    +4
    Almost everyone today is convinced that the reason for the US invasion of Iraq in March 2003 was the decision of Saddam Hussein to sell Iraqi oil not for dollars, but for euros. It is also believed that precisely the attempt to create the Iranian oil exchange is the hidden cause of the current crisis around Iran. The war with Libya and the overthrow of Gaddafi is also the result of an attempt to introduce a gold dinar. Too long pulled Gaddafi's tiger for a mustache. And he was confident in his naivety that it was with him that nothing could happen. UWB needs oil, he already gives it away for beautifully cut colored paper (in the sense that it already belongs to UWB). This did not fit into his understanding that they could do this to him and his country. He himself handed over his WMD program in exchange for the legitimization of his and his regime, fought with al-Qaeda no less than the states, threw billions left and right for allegedly downed planes (which has not been proved in fact). Partially contained the poor countries around Africa. With him, Western TNCs had contracts with profitability of + 50% and higher, and Russian * friends * (as he said) were content with a profitability of 15-20%. He was sure that the amers would not cut a chicken laying golden eggs. The standard of living in Libya was higher than in most Western countries, and he thought that he and his people would not do anything for it? What is all the same self-confidence ...
    1. bask
      bask 16 October 2012 22: 22
      0
      Allegedly good thoughts and pictures that need + Where is the oil there is the United States and the blood of the river.
  36. sergeybulkin
    sergeybulkin 16 October 2012 21: 41
    0
    Don't panic! The dollar has long been simple green candy wrappers, and everyone uses it out of old habit. Some people here talk about a powerful American industry, because it’s not knowing that the United States, apart from weapons, soybeans and beef, has not produced anything on its territory for a very long time. Their industry moved long ago to China and similar countries with cheap slave power. Seventy percent of consumer goods are exported. The US economy is not dying, it is no longer there. Whoever has seen anything in the last 10 years where the label "made in USA" was, let them "throw a stone at me."
    1. Allegedly
      Allegedly 16 October 2012 22: 40
      +1
      Operating Systems? Software? Films? music? The Internet? Tribute to people (scientists, young children for adoption). List more? Tribute pays the whole world. A tribute to all that is possible. Do you want to buy oil? Or maybe food (grain, rice)? It can only be bought for dollars, where can I get dollars? Only states can give them. Something needs to be given to them (what they need is mainly raw materials, there are probably more than 1000 items) so that they cut colored paper and go shopping ...
  37. Simple
    Simple 16 October 2012 22: 43
    0
    Yes, there should be no dominant currency in world trade!
    Well, there will be a transition from oil (energy) dollar to oil (energy) yuan.
    Well, we will all the world contain the Chinese economy with its growing
    ambitions (world hegemon). Russia will definitely not be better off.
    1. Arkan
      Arkan 17 October 2012 03: 04
      0
      Quote: Simple
      Yes, there should be no dominant currency in world trade!

      And it should not have been. At the end of World War II, Stalin, Churchill and Roosevelt agreed that the dollar would be the only reserve currency temporarily. And after the USSR and England pulled up their economies destroyed by the war - there should have been three such currencies. Then such a decision seemed optimal to everyone because by the end of the war, three-quarters of the world's gold reserves (and the entire world uranium reserves, by the way) turned out to be in America (to whom the war — and to whom mother is dear). But with the advent of Truman, America’s position changed. In response - Stalin forgave America the USSR debts for Lend-Lease ... Well, then the Cold War. Something like this.
  38. Lesorub
    Lesorub 17 October 2012 00: 00
    0
    The USA has NO territorial claims against Russia, but China has territorial claims against almost ALL border countries .... Asian Moloch rises to its full height
    1. Bosk
      Bosk 17 October 2012 00: 15
      0
      China has no serious territorial claims ..... it’s just that our policies are so elastically ... that the opposite side of the hosh-nehosh is simply compelled to use it.
    2. mongoose
      mongoose 17 October 2012 10: 36
      +1
      do not worry! we have a claim to sscch! territorial, and Americans claim the whole world
  39. Bosk
    Bosk 17 October 2012 00: 12
    0
    The most curious thing is if there is an American dream ... then we finance it, and they need it ......
  40. d.gksueyjd
    d.gksueyjd 17 October 2012 00: 26
    0
    The United States, with the help of petrodollars, contributed to the collapse of the USSR and the coming to power of traitors such as Gorbachev and Yeltsin. Now petrodollar will travel across the United States, for the Russian Federation the most important thing is to convert American papers into gold and other valuables.
  41. Vitaly PV
    Vitaly PV 17 October 2012 04: 15
    0
    what is the difference will be the world currency dollar or yuan? Not for nothing that the lion's share of production is concentrated in China. The world is ruled by corporations, not countries with presidents, and the owners of these corporations rule the ball, just at one time corporations redirected production from Europe and America to Asia and Latin American countries, redirected simply because the cost is a slave. forces in developing countries are cheaper than in developed ones. But the main world course and paradigm will remain the same as it is now, that is, capitalism. The USA will crash, instead of it some other hegemon will appear and the owners of this hegemon will have the same bigwigs that the USA had)
    In short, they bred us again. Now, when the whole system crashes, then it will be possible to say something, however, if the system crashes, it will be a massacre of all against all!
    1. Bigriver
      Bigriver 17 October 2012 18: 34
      0
      It seems to me that there will be no more than one national and at the same time world currency. And there will be a set. And this, however, is a completely different scenario.
      The dollar was lobbied by the United States as one of the tools to combat the Soviet threat.
      In order to persuade the main states of the 20s per yuan ... Hmm, it is difficult to imagine.
  42. Vitaly PV
    Vitaly PV 17 October 2012 04: 56
    0
    Do not think of it as PR ... as for a long time I read the book "Armageddon Tomorrow. A Textbook for Those Who Want to Survive" by Koluzhny and some other co-author. Good work
  43. dirty trick
    dirty trick 17 October 2012 13: 15
    0
    Quote: Vitaly PV
    The USA will crash, instead of it some other hegemon will appear and the owners of this hegemon will have the same bigwigs that the USA had)
    In short, they bred us again. Now, when the whole system crashes, then it will be possible to say something, however, if the system crashes, it will be a massacre of all against all!

    if the United States collapses, then their army will also disappear - the only thing that provides the dollar! And if there is no American army behind these "bigwigs" - who will need them in China?
    1. Cynic
      Cynic 17 October 2012 19: 11
      +1
      Quote: dirty trick
      if the United States collapses, then their army disappears - the only thing that ensures the dollar!

      Really think so?
      You are the most.
      If it was so simple.
  44. _axl
    _axl 19 October 2012 17: 04
    +1
    Explain, plz, it says that amers buy oil for free, because they print dollars, as I understand it, this is because if they need oil, they print the right amount of dollars to buy, but what prevents us from taking and printing rubles purely for buying dollars, without releasing them to the domestic market so that there is no inflation?
    1. Allegedly
      Allegedly 19 October 2012 17: 21
      +1
      Excuse me, did you yourself understand what you wrote? laughing Oil Ruble? Who needs it 1 km from the Russian border? But well, imagine even if theoretically it was so, or rather it was possible, who would take it? I don’t think even Zimbabwe. Who will sell this to Zimbabwe for rubles? Which country will sell something for rubles? ... The Russian Central Bank (mind you, not the State Bank) does not belong to Russia and does not obey. He obeys the Fed. De facto. You probably noticed in the press of the Russian Federation recently a lot of articles on this topic, on the topic of the real independence of the ruble?
      1. _axl
        _axl 19 October 2012 17: 29
        0
        What does Russia buy dollars for gold?
        1. Allegedly
          Allegedly 19 October 2012 17: 47
          0
          Oil, gas, timber, grain, rare metals ... should I continue?