Military Review

The End of Petrodollar, or What Happens in 2015

62
The End of Petrodollar, or What Happens in 2015Prologue: what is petrodollar


In 1973, the United States, in order to support global demand for its currency, actually created petrodollars. Between the USA and Saudi Arabia a deal was madeAccording to which every barrel of oil purchased from Saudi Arabia was nominated in US dollars. Moreover, according to the new rules, any country that wishes to purchase oil from Saudi Arabia should first exchange the national currency for US dollars.

In exchange for Saudi Arabia’s willingness to supply its oil exclusively for dollars, the United States offered it weapon and protection.

And by the year 1975 all the OPEC countries decided to estimate their own oil reserves exclusively in US dollars - and also in exchange for arms and military protection.

Thus arose the global petrodollar system, which quickly created artificial demand for the American currency throughout the world. And with the further increase in world demand for oil, the demand for dollars also grew ...

I. Red hand

Today in the USA are increasing volumes of oil production. According to the US energy department, only in 2012, they will increase by 7%. According to experts, if mining continues to grow at a similar pace, the United States will catch up with Saudi Arabia after 2. In addition, America intends to accelerate the development of large oil and gas fields, including in Alaska.

In this case, the States occupy the twelfth place in the world in terms of profitable proven reserves of "black gold".

In 2012, America returned to the level of the 14-year high for oil production. There is also information that America may soon print out oil reserves created in 1997.

Analysts cite two reasons for changing the oil policy of Washington: 1) The US is interested in reducing its dependence on energy imports from the Middle East, where with the rapid construction of democracy either problems have arisen or they are soon expected; 2) Washington and Riyadh are interested in lowering oil prices, so that in one fell swoop of two geopolitical hares with a kill: to weaken Russia and Iran. The interest in the decrease confirms the statement made in September by the Minister of Petroleum Industry Ali al-Naimi that Saudi Arabia is concerned about the rise in prices for black gold. Strange. It would seem: after all, the Saudis need to rejoice, but they worry. But everything fell into place when Washington vigorously welcomed dumping statements from Riyadh.

The oil dollar empire staggered!

Its dumping attempts occur on the background of the fact that Vladimir Putin received the title of "oil shah of the world" from Western journalists.

Quote:

Exxon Mobil is no longer the largest oil producer in the world. Starting from yesterday, this title belongs to Putin Oil Corp - ugh, I wanted to say Rosneft, a Russian company controlled by the state.

Rosneft buys TNK-BP, which is a vertically integrated oil company owned on a parity basis by the British oil company BP and a group of Russian billionaires known as AAP. As one of 10, the largest privately-owned oil producers in the world, in 2010, TNK-BP, with assets in Russia and Ukraine, distributed 1,74 a million barrels of oil equivalent daily to XNUMX, and processed almost half of this volume at its refineries.

With TNK-BP in hand, Rosneft will control production over 4 million barrels of oil per day. And who controls Rosneft? None other than Vladimir Putin, president of resource-rich Russia. ”


If the TNK-BP deal is completed, it will be the largest in the industry since Exxon bought Mobil in 1999 year. And Rosneft’s daily production will jump somewhere up to 4,5 million barrels - that’s enough to “breathe nostrils with Exxon” in the race for the title of the world's first oil producer.

"... Russia," writes Marin Katusa, "to hell is spending a lot on the purchase of its own oil production, which in my opinion smacks of nationalization."


A "taxis" to everyone in Russia, they believe in the West

“Vlad Putin is the most“ resource-motivated ”leader of the modern world ...”


The conclusion is made:

“Concentration in Putin’s hands to an even greater resource authority can only lead to one thing: high oil prices and an incredibly“ bull market ”of energy.”


And here's another news:

"... anyone who wants to work in Mother Russia should have a shaggy paw in the Kremlin, or he risks unexpectedly finding out that he was sent by the forest."


“Putin’s plan” works, according to Katus, due to nationalization:

“Over the past ten years, Rosneft has grown unrecognizably - not by chance, but because for Vladimir Putin it is a tool with which you can reiterate state ownership of a not weak piece of Russia's oil fields. The most prominent case in point was in 2003, when Putin presented a $ 27-billion tax bill to a privately-held oil company Yukos, which had bankruptted it. After that, the Russian president transferred the oil fields of YUKOS to Rosneft, with the result that oil production jumped from 400 thousand to 1,7 million barrels per day.

It was a blatant nationalization. The head and founder of Yukos, Russian billionaire Mikhail Khodorkovsky, was accused of fraud and imprisoned. In one night, Rosneft swelled from a small oil producer to Russia's largest oil company. ”


The author notes that only the Saudis produce more oil than the Russians, and besides, no one exports so much oil as Russia. And if Rosneft buys TNK-BP, the Russian state oil giant "will pump almost half of the oil extracted from the depths of Russia."

At the same time, the “Putin’s plan” for nationalization may not work if the Russian president does not take into account the mistakes made by others. Here in 1980, Saudi Arabia nationalized the oil industry, and in 5 the following years, production fell by more than 60%.

That is why V. Putin encourages BP to stay close: Rosneft needs special technical knowledge. M. Katus believes that Moscow is going to

“Print out huge reserves of unconventional oil in impermeable formations and gas on the shelf. In addition, endowing BP with the status of an important shareholder allows Putin to maintain the appearance that Rosneft is not just a continuation of the state. ”


In fact, the author of the article believes, it is still a continuation of the state. Moreover, as Rosneft takes control of Russian oil wealth, Putin’s weight in the international arena will only increase.

That is why, we will add on our own, Saudi Arabia, all of whose influence in the international arena is in the oil regula tion of the world economy, in clear agreement with the United States are going to begin new price manipulations. They are frightened by the grand Putin Plan. They are afraid of Russia's growing influence in the world market and at the same time in geopolitics. Oil profits today are nothing compared to the loss of influence tomorrow.

And then there is Gazprom. This company, writes Katusa, is also a Russian state one. Gazprom has actually hobbed Europe around: after all, Russia covers 34% of European gas needs. Sometime the South Stream under construction will work, and the percentage will increase. Everything: Gazprom controls the gas of Europe, Rosneft controls its oil.

"The red hand stretches from Russia, stretches to strangle the rule of the West and pave the way for a new world order - one in which Russia will be at the helm."


Ii. Working poor to replace middle class

Progressive journalist Michael Snyder считаетthat Russia, like China, is not at all the "buddies" of the United States. On the contrary, they are their ruthless rivals. Moreover, Russian and Chinese leaders are calling for a new global currency. That, it is not difficult to guess, means the exclusion of the dollar from the global oil economy.

For example, recently China and Germany agreed to increase the volume of joint trade for mutual currencies. In the USA, they didn’t even find what to say: the Washington media answered with silence. Snyder calls this "deafening silence."

But Russia and China have been concluding agreements of this type all over the world for the past few years.

M. Snyder makes unpleasant conclusions for America. First of all, oil for Americans will rise in price substantially. Secondly, all other goods will go up in price. Third, foreign demand for US government debt will decline substantially. Fourth, interest rates will rise in the US economy. For what exactly? For all!

And so that in Russia or in China there is no collapse, these smart countries accumulate gold resources. Gold is fully capable of protecting Moscow and Beijing from the currency crisis, and at the same time it will give weight to both the ruble and the yuan.

As a result, America will become Spain, and pensioners will be on the verge of poverty. Riots will begin. Most of the so-called "middle class" will turn into a "working poor".

And China and Russia will quietly share control over parts of the world ...

Iii. About gold

The same Snyder is trying to draw the attention of his American government to the “goldization” of Russia and China. He is bitter complainsthat the media in the United States almost completely ignore one of the most important trends in the global economy. But buying gold and gold by China and Russia while industrializing these countries is a trend, due to which the value of the US dollar will fall sharply and, as a result, the cost of living in America will increase.

Yes, the US dollar is still the main reserve currency of the world (more than 60% of all foreign exchange reserves in the world). In dollars, most calculations are still made. This, of course, gives the US huge economic benefits. Since trading is carried out in dollars, there is a constant demand for dollars - worldwide.

But now, says Comrade Snyder, the situation is changing. Now Russia and China are leading the movement that is interested in moving away from the use of the American dollar in international trade. Yes, this shift is taking place gradually, but the turning point is sure to come!

Nightmarish inflation will cover the United States. There will be a turning point in the entire global financial system. Native America does not pay attention to it? But in vain: China and Russia, "ruthless competitors", are moving the United States to collapse.

That's why M. Snyder is surprised at the silence of the American media.

And while they are silent, Russia in the face of “Tsar Vladimir Putin,” according to MarketWatch, is accumulating gold at an incredible pace. According to the World Gold Council, Russian gold reserves have more than doubled in the last five years.

V. Putin, the blogger believes, skillfully took advantage of the financial crisis to create the largest gold reserve in the world in just a few years. And now the “king” buys gold by about half a billion dollars every month.

And looking at Russians, China also “quietly imports giant golden mountains ...” For only the second quarter of 2012 of the year, China bought 75,8 tons of gold. This figure is twice the amount imported for the entire previous year - 38,1 thousand tons.

It should be noted that in the first seven months of 2012, China imported almost as much gold as the common hedge fund of the eurozone (European Central Bank). According to the forecast, at the end of 2012, the PRC imports more gold than during the same year by the ECB.

Moreover, Chinese companies are also buying gold mining firms around the world. China National Gold Group has applied for an amount of $ 3,9 billion, participating in a tender to acquire the African company Barrick Gold PLC. This is just one example; There are many of them; we will not bring them in the absence of space. We only indicate that the gold expansion of China has spread to Africa, Australia, Brazil, Kazakhstan (data from Fox Business).

And only the blind can not see what is happening.

Experienced dealers like George Soros and John Paulson, and behind them the central banks throughout the world, also accumulate gold. And the price of gold in the world naturally grows.

As a result, a situation may arise in which the dollar will simply be deleted from world currencies. It will cost less than printing paper. Not just "Moody's" will lower the credit rating of the US federal government, but there will be, according to Snyder, an "explosion of debt."

Meanwhile, Russia and China will agree on which global reserve currency will replace the dollar.

No, this day will not come tomorrow, Snyder believes, but he will definitely come.

And America will never recover from this.

By the way, popular Austrian economist Jerry Robinson считаетthat the separation of President 15 August 1971 from gold by President Richard Nixon occurred precisely with the goal of being able to print and deposit as many dollars into the world economy as America — with its rampant consumption and unwillingness to save — would be necessary.

Below we will have the opportunity to compare this opinion about American consumption about the opinion of another economist about Russian consumption.

Iv. About 2015 year

Russia is facing the end of surplus petrodollars, считает famous economist and analyst Charles Clover.

The oil-fueled active trade balance of Russia (785 billion dollars was accumulated during the period from 2000 to 2011, which is equivalent to more than 40% of last year’s GDP) gave Moscow the world's third-largest foreign exchange reserves: about half a trillion dollars.

Such impressive reserves of petrodollars allowed the Kremlin to spend more than 200 billions of dollars just to overcome the consequences of the global financial crisis in 2008-2009. Russia also placed money in special stabilization funds, for example, in a reserve fund (61 billion $), in a national charity fund (88 billion $), thereby creating an “additional buffer” against the negative impact of the crisis.

Interestingly, against such a background, an American economist predicts a “double deficit economy” for Russia. Yes, yes, where both the federal budget and the external trade balance will have negative values. And this, in his opinion, will prove to be a “rude awakening” for the current Russian “tactics.”

Similar negative values ​​occurred at the end of 1997, the analyst writes, which was then the main reason for the collapse of the ruble in August 1998.

If in 1998, foreign currency reserves in the country were less than 20 billions of dollars, now they reach approximately 500 billions of dollars. But this does not prevent the Western economist from saying that the management of the Russian economy today is “not at all beautiful” and somewhat resembles the “chaos” of the post-Soviet years (1990-s).

Where does the problem come from?

But the fact is that the Russians, according to the author, consume too much, which is why they, as they say, will not converge with credit.

After all, Comrade Putin promised before the election trillions of rubles for wage increases. In addition, the foreign expert believes that budget funds were also spent to ensure re-election in March.

Eventually

“Instead of facing such a pleasant question as spending a golden pile, the government may have to make an unpleasant choice between borrowing, devaluing the ruble, or cutting expenses.”


The price of oil is still quite high. The Central Bank of Russia believes that, given its price in 2015, a little less than $ 130 per barrel, a country can afford to manage an excess of $ billion in $ 51.

But the fact is, Mr. Clover believes, that by that time imports will eventually be ahead of exports:

"... the Russians make up for the hardships of communism by consuming with amazing appetites."


And only the elimination of the “soft petrodollar pillow” could benefit Russia. It could finally force the government to transform both the economy and the legal system at the same time to make the country attractive for foreign investments.

Currently, however, instead of raising capital, Russia exports it. Net capital outflows amounted to 84 billion (equivalent to 5% of GDP) in 2011. The central bank said that this figure would fall to 65 billion dollars in 2012 and to 15 billion dollars in 2015.

The American does not believe this. This is understandable: otherwise his entire article will crumble.

Meanwhile, the "financial guru", a well-known large investor Jim Rogers (former partner of George Soros in the "Quantum" fund), already today advises invest in Russia. He speaks of his native America like this:

“In 2013 and 2014, we will have economic problems ... Either they (politicians) will have to raise taxes, or they will have to be fooled. ... raising taxes has never led to economic growth. "


Against such a negative economic background, Comrade Rogers turned his gaze to Russia. He, who has been negative about his career, now declares:

"I am convinced that for the first time things in Russia have changed."


And now he is busy only with what he thinks: where exactly to invest his money in Russia. Earlier, in September, Rogers accepted the offer of Russian VTB to become an advisor in the field of agricultural investment.

Moreover, now he considers Russia to be more attractive in investment terms than China.

About the fact that the American economy comes "The End", Rogers expressed back in May:

"The United States is the largest debtor nation in the world storiesMany European countries also have excessive debt levels. And history shows that such a situation can only be overcome through a crisis. In America, debt levels exceeded 1 trillion. $ this year. The situation is getting worse, not getting better. All this will end in a terrible collapse. I hate to say this, but we must face the facts ... "


Epilogue: about The End of Petrodollar

Petrodollar system, prompts To us, the Austrian economist Jerry Robinson has proven to be extremely beneficial to the American economy. In addition to creating a market for affordable imported goods from different countries that need US dollars, the United States received more specific advantages: after all, America, in fact, now receives a “double credit” from each global oil transaction.

First, oil consumers have to buy it in US dollars. Second, the super-profits of oil-producing countries are then placed in US government debt securities, which are held in Western banks.

Petrodollars provide at least three immediate benefits to the United States: with such a settlement system, the demand for US dollars increases; growing demand for valuable US debt securities; Finally, the system gives the United States the opportunity to buy oil for a currency that can ... be printed at will.

The last point the Austrian scientist compares with the cultivation of carrots. Here you need to buy gasoline, but gasoline changes only to a carrot. And there is one person in your city who grows it: he has exclusive rights to that. Uncomfortable, but nothing can be done: you have to go to him for a carrot. But how convenient for him! He has plenty of gas. And the carrot costs him little. He just needs to throw seeds in the soil.

The same story with the printing of American money. They can stamp only the US Federal Reserve. On paper.

Obviously, says Robinson, creating a system of petrodollars turned out to be a brilliant political and economic step. All subsequent actions of America in the Middle East were due to its protection of the petrodollar system - including under the guise of fulfilling obligations under a long-standing deal: after all, the contract provided for the United States to protect Middle Eastern oil-producing states from threats.

It remains to add that the sources of threats were skillfully modeled by the United States. For this, destabilization processes have been fueling for decades in the Middle East.

An empire, Robinson writes, has no friends, an empire deals only with things. Never follow the deceiving media: always follow the money.

That is why the American mass media are now silent about the realization of Moscow expansion in the oil market, securely covered from the rear by buying up gold! The American public has been fooling since 1971. It is worth it, this very public, to explain what the plans of the “tsar” Putin are fraught with, and at the same time the golden Peking strategy is fraught with how the public will understand how cleverly and for how long it fooled.

What's next?

And then only “psychological expectations” will lead the American economy to a market and inflationary collapse. And no Saudi Arabia will save their “defender”. You know, there are a lot of oil in Venezuela, where Hugo’s “regime” is viciously scourged by Washington as dictatorial. There is a lot of “black gold” in Iran, which came under the sanctions of the United States and the EU. Do we need to talk about Russia, which, thanks to The End of Petrodollar, will strengthen on the world stage?

Therefore, the American corporate media are silent, the Fed continues to amortize its machine round-the-clock, and the United States and Saudis have launched a joint campaign to lower oil prices, reminiscent of the one with which the USSR was destroyed. But this time the goal is smaller - not the destruction of Russia, but the preservation of a shaky petrodollar empire.

Observed and translated by Oleg Chuvakin
- especially for topwar.ru
62 comments
Information
Dear reader, to leave comments on the publication, you must to register.

I have an account? Sign in

  1. sv-sakh
    sv-sakh 6 November 2012 08: 50 New
    -10
    If everyone paid at least a ruble for every such unrealized prophecy, then there would be only billionaires around ...
    Shorter than the prophets at the stake! laughing
    1. sv-sakh
      sv-sakh 6 November 2012 09: 37 New
      -5
      Learn the story gentlemen with minuses wink
      1. Alexander Romanov
        Alexander Romanov 6 November 2012 09: 58 New
        +15
        China and Russia, “ruthless competitors,” are driving the United States to collapse.
        It’s strange, again we are to blame for America’s problems, and we don’t even trade with them properly, but nevertheless we need to shift our blunders to someone. I liked the PATENT center post yesterday, it’s like that’s the nickname. laughing
        And according to the article, if Sores started talking like that, it reminds one of the flight of rats from a sinking ship.
        1. Kaa
          Kaa 6 November 2012 11: 55 New
          +11
          Quote: Alexander Romanov
          And according to the article, if Sores started talking like that, it reminds one of the flight of rats from a sinking ship

          The main thing. so that they don’t get here, otherwise the business is slowly turning to the oil industry. Imagine how many people come together!
          1. Ross
            Ross 6 November 2012 12: 44 New
            +3
            Kaa,
            The main thing is not to get here ...

            Oh how wisely said. For several years, the Rothschild emissaries have been working on this. Remember the statements by Medvedev about the privatization of some state concerns. And the Rothschild Golden Sachs was chosen as the main consultant!
            1. Kaa
              Kaa 6 November 2012 14: 30 New
              +6
              Quote: Ross
              Remember the statements by Medvedev about the privatization of some state concerns.

              I am more impressed with the story of the redemption of a share of BP /
              1. Ross
                Ross 6 November 2012 18: 33 New
                +2
                Kaa,

                I am more impressed with the story of the redemption of a share of BP /


                Like gone and not gone, but rooted deeper?
                As far as I understand Putin’s strategy, he couldn’t buy from them legally, he had to offer a “carrot”. Compared to 50%, a small package is easier to tidy up or depreciate later by an additional increase in the authorized capital.
                1. bask
                  bask 6 November 2012 21: 23 New
                  +2
                  The United States is already a big financial and military ,, soap bubble ,, If it bursts in the 15th year, it will shit the whole world with shit ....... Then it will take a long time to fall off .. what
          2. Hippopotamus
            Hippopotamus 6 November 2012 13: 07 New
            +6
            the case is slowly turning to the oil industry. Imagine how many people come together!


            Anglo-Saxon humanists are more likely to burn the world in a nuclear furnace than to voluntarily agree to this.
      2. Good Ukraine
        Good Ukraine 6 November 2012 15: 39 New
        +7
        For sv-sakh
        Learn the economy. You can exchange more dollars for yourself, it will be later than drown.
        "Nobody needs oil, gas is not needed - everyone will be drowning with DOLLARS. Fortunately, they printed a lot !!!"
        US financial collapse is inevitable. Money is just paper. And minerals can always be sold. Exchange in the end.
        3,14pc USA!
        Fall apart as quickly and beautifully as the USSR !!!
        laughing
        1. SSR
          SSR 7 November 2012 11: 11 New
          +3
          Quote: Good Ukraine
          Money is just paper

          That's about it people .. many people .. completely forgot .. that money is just paper ..
          - When the last tree falls,

          When the last fish is caught,

          And the last river is poisoned

          That people will finally understand.

          That money cannot be eaten. ”
    2. Che burashka
      Che burashka 6 November 2012 10: 10 New
      +6
      Quote: sv-sakh
      Shorter than the prophets at the stake!

      Prophets are different. You can sit in front of the lamp from the gift shop and predict who will be narrowed-dressed. And you can turn on the brain and try to soberly assess the situation. Here no one claims to the ultimate truth, but there are obvious facts on the basis of which certain conclusions can be drawn.
      1. sv-sakh
        sv-sakh 6 November 2012 10: 42 New
        -3
        Yes, everyone knows that the US has a huge foreign debt, everyone knows it. that in the event of a collapse, the crisis will affect every single one (since we have seen this well with the example of the latter).
        But most importantly, the United States is precisely the very power that can’t leave the backstage of history without the cannonade of heavy guns!
        So prophesying the end of the USA is to prophesy the defeat of the USA in military operations ...
        And the US Army oh how combat-ready so far.
        So this is nonsense and not a prophecy ..
        1. Che burashka
          Che burashka 6 November 2012 10: 58 New
          +2
          Quote: sv-sakh
          The United States is precisely the very power that can’t leave the backstage of history without the cannonade of heavy guns!

          And here, dear, I agree with you 100%. That's what I wrote about in a previous post. Who wants to voluntarily abandon world domination and vast money rivers? When the time comes Ch, and he comes it is only a matter of time, the amers may well unleash a world carnage. So, God knows what is better ...?
        2. Roman A
          Roman A 6 November 2012 21: 22 New
          +2
          Quote: sv-sakh
          But most importantly, the United States is precisely the very power that can’t leave the backstage of history without the cannonade of heavy guns!
          So prophesying the end of the USA is to prophesy the defeat of the USA in military operations ...

          The truth is there is a need to remember the 2nd World War 1st in England crisis 2nd in America loss 1st 11 500nd 000
  2. Che burashka
    Che burashka 6 November 2012 09: 27 New
    +11
    Great article! Respect to the author! The obvious situation in the global economy is described in a simple and understandable language. The year 1971 marked the beginning of the end of the American economic system. It would have collapsed much earlier, but the collapse of the USSR allowed the delay of the inevitable.
    It is clear that the situation with petrodollars, which the whole world is crammed with and which are completely not provided with anything, sooner or later will end badly. Given US debt at the moment, it’s even worse.
    There is only one caveat - the US administration at the most critical moment can go to a full-scale war in order to keep the situation under control. With whom? This is a separate issue, there are several options and I think the Russian Federation is among them. Unfortunately.
    The principle of "war will write everything off" has not been canceled. Given the power of modern media and the "zombie" of the population, it will be possible to drive away any bullshit, such as "this is a vicious conspiracy of Russians / Chinese / Nanai, etc., they want to kill the American dream and all Americans at the same time." Watch Amer’s films, there are again full of Russian spies who are intent on blowing up America. Moreover, if in the films of the 90s the Russians were mainly a mafia, then in the last 6-8 years we are again turning into a world evil. What is it for? Is the population preparing? To what?
    I really hope that the prophet from me is bad, and the science fiction is good hi
    1. sv-sakh
      sv-sakh 6 November 2012 09: 36 New
      -1
      Quote: Che Burashka
      sooner or later it will end badly

      For today, just those who stand in the way of the USA finish shitty.
      An example is just the collapse of the USSR and the "democratized" countries of the Middle East ...
      About the same thing happened before the first and second world war, then the USA was also prophesied, but as we know, the USA came out victorious and suffered the least from world wars ... and even got a little welded on it.
      All forecasts saying that "in view of existing events the US will die soon" - has nothing to do with the truth. This means that something not very joyful is coming ...
      1. Alexander Romanov
        Alexander Romanov 6 November 2012 10: 00 New
        +6
        Quote: sv-sakh

        For today, just those who stand in the way of the USA finish shitty.

        Only due to forceful interference from the United States, economically the United States is far from omnipotent. With Russia and China, this topic will not work.
        1. sv-sakh
          sv-sakh 6 November 2012 10: 37 New
          +1
          Well, who spoke about the trade in happiness and joy? Of course, due to the destabilization of the world!
        2. Blat
          Blat 6 November 2012 11: 11 New
          -15
          Well, if you do not take into account that the US economy will be larger than the Russian and Chinese combined. China will return to 70 only having blocked his path to the markets with his left goods. And with Russia. Well, what is there to conclude another deal with the Saudis?
          1. Hippopotamus
            Hippopotamus 6 November 2012 13: 00 New
            +7
            US economy will be larger than Russian and Chinese combined


            This, excuse me, in what terms? In the dollar?

            Firstly, the fact that the world is awash with fake money does not mean that the counterfeiter is cooler than any hard worker; or even two combined.

            Secondly, if Russia now takes so much, so much the US ALREADY owes, then the size of its economy, in dollar terms, will immediately surpass all other economies, including the American one. And in absolute, and even more so in relative (per capita) indicators.
            1. Blat
              Blat 6 November 2012 15: 12 New
              -4
              and the size of the economy is not measured by the amount of money, dear. here you are all talking about industry and that the usa is not producing anything. while the us industry will be more than a trillion dollars more than china's industry. And if you count the factories that belong to us other countries in the same China. what to say.
              and secondly in Russia, no one will take as much as the United States owes. since the credit of trust in the us and Russia is different
              1. 10 November 2012 01: 14 New
                +1
                Blat,
                Who cares who owns the plant if it is physically located in a foreign territory?
                Who is paid taxes? whose employment is provided ?, in whose economy are the wages of workers? in whose GDP is the output of these plants recorded?

                Answering these questions, you will understand whose economy one or another plant is working on.
          2. 10 November 2012 01: 10 New
            +1
            Quote: blat
            and with Russia. well, what is there to conclude another deal with the Saudis?

            But here the US has no more buns for the Saudis. And yes, in virtual reality this scenario can be implemented.
      2. urzul
        urzul 6 November 2012 10: 27 New
        +7
        For today, just those who stand in the way of the USA finish shitty.
        Of course, the example of Gaddafi, who invited the Arab countries to switch to a single currency, is right. Only now, with China and Russia, the force scenario has been postponed as a last resort. The fight is primarily in the political arena.
        About the same thing happened before the first and second world war, then the USA was also prophesied, but as we know, the USA came out victorious and suffered the least from world wars ... and even got a little welded on it.
        The crisis began just between these wars in October 24 1929. The Second World War largely contributed to the recovery of the US economy:
        Total Lend-Lease deliveries amounted to about $ 50,1 billion (equivalent to approximately $ 610 billion at 2008 prices of the year), of which $ 31,4 billion was delivered to the UK, $ 11,3 billion to the USSR, $ 3,2 billion to France and $ 1,6 billion - To China. The reverse Lend-Lease (allied supplies to the USA) amounted to $ 7,8 billion, of which $ 6,8 billion fell to the UK and Commonwealth countries
        By the way, Russia still owes the USA for the delivered "help"
        1. sv-sakh
          sv-sakh 6 November 2012 10: 35 New
          +4
          That's what this is about.
          And today, when the United States is again standing over the abyss, the world is again buzzing like an angry bee hive
          1. Che burashka
            Che burashka 6 November 2012 10: 45 New
            0
            Quote: sv-sakh
            And today, when the United States is again standing over the abyss, the world is again buzzing like an angry bee hive

            Yes. And again the same question. Will this time be able to push the United States into this abyss or the rest of the world will again pay with the blood of its citizens for the "American dream" ??? Deja vu some .....
            1. sv-sakh
              sv-sakh 6 November 2012 10: 50 New
              +4
              And what can we do from our forums? just be spectators or involuntary gears .. Watch what is happening and twist the mechanisms.
              If only people didn’t destroy themselves at all, but somehow we’ll survive there :) drinks
              1. Che burashka
                Che burashka 6 November 2012 11: 20 New
                +1
                Quote: sv-sakh
                And what can we do from our forums? just be spectators or involuntary gears ..

                Unfortunately, you are right .... The vast majority can not do anything, just discuss or become cannon fodder in case of war. The system is like that.
                drinks hi
        2. Alexander Romanov
          Alexander Romanov 6 November 2012 10: 52 New
          +2
          Quote: urzul
          Only now, with China and Russia, the force scenario has been postponed as a last resort.

          This extreme case is called -kirdyk all over the world, with the military collision of Russia and the United States, the economy is the last thing that will interest us all hi
      3. pinachet
        pinachet 6 November 2012 18: 01 New
        +1
        the United States is more to blame for the defeat of the USSR, but inside the nits
    2. Blat
      Blat 6 November 2012 11: 08 New
      -3
      Well, if 1971 was the end of the United States as an economic force and they still are. Since when did the USSR collapse if the USSR did not exist in 1991? The prophecy is left and biased. By 2015, the collapse of energy prices is expected. And it will collapse. the United States and China's assets depreciate. to whom and the Chinese are now working on debt service
    3. Lucky
      Lucky 6 November 2012 12: 50 New
      +1
      You are right, their only salvation is the war, only on the basis of it can they get out of this situation, but they’ll go to Russia, it’s too extreme, you can lose everything, and then start a couple of three local conflicts, I think this is what they trying to do!
    4. merkel1961
      merkel1961 6 November 2012 21: 53 New
      +2
      Millions of prepared plastic coffins and built prisons in the States are clearly not intended for prisoners of war, but for their own, which has a number of well-known facts.
  3. Lavrik
    Lavrik 6 November 2012 09: 30 New
    +3
    A severe blow to the petrodollar was inflicted on September 6 by China. He stated that he was ready to trade with other countries in RMB. IMMEDIATELY, September 7, Russia announces its readiness to trade with China in its currency. In response (from the USA) is silent. Until now. Do not like it. And this is just the beginning. The beginning of the transition in trade from the dollar to national currencies. With all that it implies.
    1. kostyan77708
      kostyan77708 6 November 2012 12: 34 New
      +2
      Japan and China are also in nat. currencies are already making payments!
  4. predator.2
    predator.2 6 November 2012 09: 50 New
    +8
    and the United States and the Saudis launched a joint campaign to lower oil prices, reminiscent of the one with which the USSR was destroyed. But this time, the smaller goal is not the destruction of Russia, but the preservation of the shaky petrodollar empire.
    Then in 1987 Gorbachev laughed, it was necessary to arrange a series of sabotage in Saudi oil storage facilities, or to bomb with medium-range missiles and oil prices would instantly jump!
    1. 10 November 2012 01: 17 New
      0
      Quote: predator.2
      Then in 1987 Gorbachev laughed, it was necessary to arrange a series of sabotage in Saudi oil storage facilities, or to bomb with medium-range missiles and oil prices would instantly jump!

      I completely agree. There are a lot of ways to raise the price of oil, especially when the question is about the survival of the state. The only condition is the presence of political will.
      Gorbachev was not in power for that.
  5. dimon-media
    dimon-media 6 November 2012 10: 07 New
    +6
    Wait and see. by God, tired of it already! Around the dollar, dollar, dollar, this dirty green piece of paper. How much can you already? Stop feeding amers.
  6. Radarik606
    Radarik606 6 November 2012 10: 09 New
    0
    a double-edged sword, if the United States crashes, then let it be for 10 years, because global demand and production may fall nowhere
  7. Hippopotamus
    Hippopotamus 6 November 2012 10: 10 New
    +5
    Russians, in the author’s opinion, consume too much, therefore, as they say, debit with credit will not work


    Whose mumbled, but him, this "author" the dog snout was silent! In psychiatry, this is called "displacement" or "projection" - the desire to transfer one's own problems to self-cultivation; Together with the traditional English style, howl about specks in the eyes of others, completely blind from the "logs" in their own, gives a result that is truly worthy of textbooks!

    Interesting are the statements of other "experts" about the printing of oil experts and 1971. That is, 40 years of science, "but we didn’t notice the elephant" smile

    As for 2015, time will tell, although in general the article states a long-established fact.
    1. dimon-media
      dimon-media 6 November 2012 10: 16 New
      +2
      I, too, was strained by the phrase that we are Russian, consume too much.
      1. Alexander Romanov
        Alexander Romanov 6 November 2012 10: 54 New
        +5
        Quote: dimon-media
        I, too, was strained by the phrase that we are Russian, consume too much.

        Well, in the eyes of the USA the whole world eats too much laughing
        1. Che burashka
          Che burashka 6 November 2012 13: 33 New
          +3
          Quote: Alexander Romanov
          Well, in the eyes of the USA the whole world eats too much

          Yeah! And he breathes a lot, consumes a lot of resources, wants to get too much for work, etc. etc. He expresses some stupid national ideas, although it is clear to everyone that true ideas are only American national ideas. In short, it hinders the life and development of the most worthy American nation and the sky smokes for nothing. laughing
        2. dimon-media
          dimon-media 6 November 2012 15: 24 New
          0
          Well yes laughing just remember the saying about a log and a splinter))
  8. 8 company
    8 company 6 November 2012 10: 49 New
    +3
    The time of hydrocarbons is running out, new technologies come for which oil will not matter. Moreover, its reserves are limited. Now it is necessary to throw all the scientific forces into the development of these technologies. Russia may not have time here - the habit of sitting on an oil needle will affect. By the way, Russia was the first in the invention of radio, torpedoes, submarines, heavy bombers, but for some reason could not be the first to effectively apply these breakthrough technologies. Maybe it's time to learn not to let the already-caught crane fly into the sky?
    1. Skavron
      Skavron 6 November 2012 14: 24 New
      +1
      "New technologies" ? This is for example what?
      So far I have only read about those technologies that do not justify themselves. For example, "Unitsky string transport".

      Although in general, you are certainly right.
      1. Tambov Wolf
        Tambov Wolf 7 November 2012 15: 11 New
        0
        Well, for example, multicellular processors are produced in the country. Read on the Internet. An interesting thing.
    2. Che burashka
      Che burashka 6 November 2012 15: 28 New
      0
      Quote: 8 company
      new technologies come for which oil will not matter.

      Examples in the studio, pliz! In general, everything is true, but it is ideal, and we live in real life.
      Any new technology is primarily the development of basic sciences. Not to be confused with applied! Newton’s days with an apple have passed, you need to understand this. And fundamental sciences cannot be profitable by definition. From a business point of view, this sieve, no matter how many lei, is still small, and there will never be profit. So investment from the business can not be expected. There are only two ways - full state financing or joint attraction of a business, for which he is entitled to all kinds of tax benefits. Such things are only possible with full support and interest from the state and nothing else. Unfortunately, this is not observed now. So for now, only oil and gas. Sadness ....
      1. 8 company
        8 company 6 November 2012 17: 35 New
        -1
        Quote: Che Burashka
        Examples in the studio, pliz!


        Google "alternative energy".
        Electric vehicles have already been mass-produced by many automakers.
        1. Skavron
          Skavron 6 November 2012 17: 53 New
          +2
          Modern alternative energy will not be able to replace oil and gas by 10% ...
        2. Che burashka
          Che burashka 6 November 2012 18: 50 New
          +1
          for 8 company
          Isolated examples are nothing more than experiments. Windmills and solar panels are still suitable for domestic use, but try connecting an electric furnace to them. Or a city with a population of thousands that way in 150-200. I would look at this picture.
          Electric cars are NOT mass-produced. With the exception of all loaders, golf carts, etc. This is a transport that does not drive off a couple of kilometers from the outlet. Moreover, every year it is necessary to change the batteries, which cost 50% of the cost of the car itself. Not an option for private use. Hybrid cars, ICE + electro are produced. Yes, and those only electric can drive no more than 50km. At the same time, the cost of such a device is 50-100% more than its internal combustion engine analogue.
          1. Hemul
            Hemul 6 November 2012 20: 20 New
            +2
            I believe that the real alternative is nuclear energy. Uranium reserves, of course, are also not unlimited, but nevertheless ... Examples of atomic collapses, like Chernobyl and Fukushima, can be prevented by competent station planning. And these stations are of enormous power.
            Moreover, both the climate and the relief are the most peaceful. In general, I don’t understand these "defenders" of the Gayropeyskie, who advocate the closure of the nuclear power plant. We need to develop a peaceful atom and throw oil .... um ... rubles (?) In the development of our own science and alternative energy.
        3. Tourist Breakfast
          Tourist Breakfast 7 November 2012 16: 32 New
          0
          Electric cars run on batteries that need to be charged from time to time. What is so far impossible without power plants operating on the same hydrocarbons.
    3. 10 November 2012 01: 21 New
      0
      8 company,
      What about nuclear technology, in which Russia is a recognized leader?
  9. Wertynskiy
    Wertynskiy 6 November 2012 10: 53 New
    -1
    The article is certainly a plus for the versatile presentation of views on the situation. But it seems to me that the role of "Tsar Putin" is overestimated. Since he is such an independent player, leading his own game, who will explain to me why we are investing surplus funds from the sale of oil in American securities?
  10. borisst64
    borisst64 6 November 2012 10: 53 New
    0
    They started with petrodollars, but ended with the intentions of the “Tsar” Putin.
  11. Bob
    Bob 6 November 2012 11: 12 New
    +2
    Compare carrots with the dollar I think is wonderful !!!!
    Let the seller of this carrot (dollars) be left without pants when the main customers - Europe, China, Russia - turn away from him. China and Russia are already doing this, and Europe is so "sick" that it will not be able to withstand global trends.
    Investment expectations are also clearly stated - they will change and overnight there will be an explosion in the markets and everyone will exclaim - "look, but the king (UWB) is naked ..."
    PS: The king (de facto, but not yet de jure) has died, long live the king !!!!
    1. Che burashka
      Che burashka 6 November 2012 11: 15 New
      0
      Quote: Bob
      Compare carrots with the dollar I think is wonderful !!!!

      It needs to be compared with radish. And it’s better with elderberry, the quantity is huge, but the sense is zero.
  12. Lucky
    Lucky 6 November 2012 12: 55 New
    +1
    I liked the article very much, but there is one fear if America is bursting, then the whole world will trianet so that it doesn’t seem enough, you need to do it gradually, or Russia should be 80% prepared at least for this event!
  13. white_f
    white_f 6 November 2012 13: 18 New
    0
    Alexander Romanov,
  14. white_f
    white_f 6 November 2012 13: 20 New
    +1
    The Tsar is Putin. Beautifully noticed ...
  15. Skavron
    Skavron 6 November 2012 14: 30 New
    +2
    Not only that, Russian and Chinese leaders are calling for a new global currency.

    If I'm not mistaken, then Gaddafi called for a new "all-African" currency. And actually this was the reason for his overthrow and murder.

    Russian gold reserves have more than doubled over the past five years.

    I'm not surprised ... I just know how fast and in what decent volumes Russia is buying very sophisticated equipment for gold mining ...
  16. Slevinst
    Slevinst 6 November 2012 15: 16 New
    +1
    in a coffin I saw the usa with their dollars
    1. Botanologist
      Botanologist 7 November 2012 00: 01 New
      +1
      But I have not yet seen. Although I would look with interest. I hope to live up to this point.
    2. ramzes1776
      ramzes1776 7 November 2012 16: 52 New
      0
      Quote: Slevinst
      in a coffin I saw the usa with their dollars

      So that they also, as we had in the 90s, and the military instead of a salary received potatoes with sprats in a tomato laughing
  17. Isk1984
    Isk1984 6 November 2012 15: 29 New
    +1
    Yes, this is how liberals do not scold the USSR, but he had these crises on the side, the system was self-sufficient and everyone had enough, remember the great depression of our five-year period with unprecedented growth rates, and many American enterprises collaborated vying with our government, in 1973 they again a tough crisis, but we all would also have nothing to develop to envy, and our elite, to please the West, ruined a successful system, before there wouldn’t be such a situation where the United States would crisis the Union, it’s just the opposite, but today they have a mortgage crisis, we have bankrupt enterprises yatsya ... survived ...
  18. srha
    srha 6 November 2012 18: 00 New
    0
    The USSR did not collapse oil prices. Any student who knows the mathematics and statistics of the 80s can consider that the fall in oil prices sold by the USSR for dollars reduced Russia's GDP by less than 1 percent. Sorry for the time spent reading the article.
  19. Botanologist
    Botanologist 6 November 2012 20: 15 New
    +2
    The collapse of the United States will be very difficult for the whole world. Oil, gas, and many other commodity prices will fall. All countries that produce something will lose markets and profits. Who is more, who is less ...
    On the other hand, the United States will remain for some time the most powerful army and navy in the world. And in an era of crisis, it’s always useful to start a big war. And it’s easier to attach the unemployed to the trenches, and somehow support the military-industrial complex. Well, of course, get the booty.
    In this situation, I do not very clearly imagine the further growth of China - after all, it is an extremely export-oriented country, the domestic market is small. And militarily, world instability is not very good due to the mass of territorial disputes. There are practically no neighbors in whose territory China does not claim. Most likely, sluggish stagnation amid a possible war. Question - with whom? I think that after all, it’s not with us, there are a lot of countries without nuclear weapons for Chinese claims.
    We, of course, are not doing well either. But, paradoxically, the domestic market of Russia is already developed quite well, and with a decrease in imports, their enterprises will begin to move, as was the case during the default. In addition, our exports are mainly military, and engineering. And in the era of the great wars, there is where to add products.
    So, as one of the options, Russia will be able, albeit with difficulty, to survive and quietly develop. After all, both oil and gas, which are non-perishable goods, will not decay like European tomatoes under the counter.
    1. SIT
      SIT 7 November 2012 10: 38 New
      0
      Quote: Botanologist
      On the other hand, the United States will remain for some time the most powerful army and navy in the world. And in an era of crisis it’s always useful to start a big war

      Why should the United States harness directly to the great war. They with their huge army and navy will enter as usual at the last stage. So it was in the 1st world, 2nd world. So it will be in the current 3rd world. If in those wars Germany was the "icebreaker", now it is radical Islamism. Check out the articles on this site. What Islamists demand in the UK, France, Belgium, the Netherlands, Germany. What is going on with Islamist militants in the Xianqiang Uyghur region of China. There, the death toll goes to thousands. About our Caucasus, Tatarstan and Bashkiria, they also wrote here. Moreover, the Muslim population in Europe and Russia is growing at a faster pace. From 40% to 60% of young people become adherents of radical movements. The moment the US enters the war is when all of Eurasia turns into a likeness of today's Libya. Then the peoples of Europe, Russia, Asia will meet American troops as liberators and saviors. Beneath the Abrams caterpillars will be flying not grenades, but bouquets of flowers. As a result, the United States will once again turn from a debtor to a major creditor. Before this final stage of the 3rd World War, 2 steps remained - Syria and Iran. Then comes our turn, Europe and China.
  20. T-130
    T-130 6 November 2012 22: 38 New
    0
    Like it or not, the dollar system is essentially a pyramid, and pyramids tend to fall apart from time to time!
  21. arkady149
    arkady149 7 November 2012 18: 29 New
    0
    "Carthage will be destroyed," "America will fall apart" the leitmotif of all or almost all comments on any article on the VO. Maybe it’s time to bury the “complex of those conquered in the Cold War,” and with it the Rothschilds, Baruchs, Lemans and other parasitic husks in the form of bloodsucker money-lenders who have corrupted a good and generally kind American people by hooking on a credit needle, which is also the case with us going on.
  22. vlad767
    vlad767 10 November 2012 00: 47 New
    0
    Yes, it looks like the United States will soon come to kirdyk. No wonder they bought a dofig of coffins, built concentration camps and compiled red and blue lists ... You will not envy them then ... (to ordinary people in the USA) Only, unfortunately, this will hurt everyone, especially the EU. I think Russia will be lucky. Although it’s generally difficult to say what will happen to Ost. countries when the US collapses.
    1. 10 November 2012 01: 24 New
      0
      Quote: vlad767
      Yes, it looks like the United States will soon come to kirdyk. No wonder they bought a dofig of coffins, built concentration camps and compiled red and blue lists ... You will not envy them then ... (to ordinary people in the USA) Only, unfortunately, this will hurt everyone, especially the EU. I think Russia will be lucky. Although it’s generally difficult to say what will happen to Ost. countries when the US collapses.

      I sincerely advise: http://www.youtube.com/watch?v=ZdRi5LJVf4k&feature=related

      "Where Dreams May Come"
  23. Shvt
    Shvt 13 November 2012 14: 29 New
    0
    No other empire has existed forever, and the United States is not an exception IMHO
  24. Ahmar
    Ahmar 14 November 2012 17: 17 New
    0
    It was egregious nationalization. - That's how the nationalization of our own bowels infuriates these shitty people!