Russia Warns It Will Dump The U.S. Dollar And Stiff The Western Banking Cartel

Before It’s News

Putin is not playing games with the west. He just announced that if the U.S. imposes sanctions on Russia, Russia will default on all loans from the western world and the western banking system. Now Putin is playing hard ball with the west.

Obama is in a game with a seasoned war veteran, and a man who has no fear of the US and the western powers. It will be interesting to watch Obama squirm his way out of this situation.   

A Kremlin economist, Sergei Glazyev, told RIA Novosti the Russian government may not repay loans owed to the financial cartel if the United States imposes sanctions on the country in response to the Crimea intervention.

Washington wants missile bases in Ukraine in order to degrade Russia’s nuclear deterrent, thus reducing Russia’s ability to resist US hegemony. Only three countries stand in the way of Washington’s hegemony over the world, Russia, China, and Iran.

“The Americans are threatening Russia with sanctions and pulling the EU into a trade and economic war with Russia,” Glazyev said. “Most of the sanctions against Russia will bring harm to the United States itself, because as far as trade relations with the United States go, we don’t depend on them in any way,” Glazyev said, adding that the country is a creditor to the United States.

“We hold a decent amount of treasury bonds – more than $200 billion – and if the United States dares to freeze accounts of Russian businesses and citizens, we can no longer view America as a reliable partner,” he said. “We will encourage everybody to dump U.S. Treasury bonds, get rid of dollars as an unreliable currency and leave the U.S. market,” he said.

According to the Huffington Post, Russia was the seventh-largest U.S. creditor at the end of 2012. According to the report, Russian owned $162.9 billion, or 1.4 percent of the total U.S. debt.

As the website reports, “Where does Russia get all of its buying power? The answer is oil. Russia is the world’s largest oil producer, and has used the commodities markets — and investment in U.S. Treasury bonds — to build impressive cash reserves in foreign securities [source: Iosebashvili]. “

Will this be the straw that breaks the camels back and collapses the U.S. Dollar and the world banking cartel? Putin may find favor from people around the world for damaging the New World Orders plan for a one world currency and a New World Order.

http://beforeitsnews.com/economics-and-politics/2014/03/russia-warns-it-will-dump-the-u-s-dollar-and-stiff-the-western-banking-cartel-video-2462274.html

10 thoughts on “Russia Warns It Will Dump The U.S. Dollar And Stiff The Western Banking Cartel

  1. Well Pepper, why are you posting this bong video on multiple articles regarding the situation in Ukraine. There are plenty of bad cop articles along with Marijuana articles to more appropriately attach this video. Instead, we got WWIII brewing in Crimea and you attach this bong posting to these articles? WTF? Instead, it looks like you took this behavior right out of the “Troll” playbook!

    1. Yes Millard, I agree 100% about that bong prankreply by pepper.

      I have also noticed that pepper used this “bong prank” on that Gerald Celente article too.
      @ Pepper, If you want to use this Bong prank thing you seem to get going here on such unrelated article that your replying with this bong thing then why don`t you just dump it and just get real pepper and post that Bong Prank article as a article eh pepper. You do know how to do that don`t you pepper – Please PEPPER explain what your intent is by posting this on multiple unrelated articles and not posting it as a article itself if you could.

  2. This could be the planned demise of the dollar… Not the Gov fault, the Russians fault… Now we need more control because the economy has collapsed… Those evil Russians….

    1. Yup, blame the Russians, an easy scapegoat to take the blame for the West’s meddling in Ukraine. Putin is our only hope to stop the international banking cartels and Obama from enslaving the planet and stealing all resources to quench their insatiable greed. We had 65 different NSA, CIA, and State Dept. programs ongoing in Ukraine to destabilize the region and now we wonder why Putin is pushing back. The Ukraine, strategically very significant as it rests between Europe and Russia with the Middle East just to the south. We’re at the edge of the WWIII if we aren’t careful and Putin will not bow to Western influence in his own back yard. Very dangerous times we live in at this moment as the war drums from the Neo-Cons have been beating steadily and I’m not in agreement with them when they say a “First Strike” in Russia with nuclear missiles is a winning scenario.

  3. Fukin a, wipe out the NWO, and those that are behind it, so that ALL mankind can prosper and live in peace. Demand that all hidden technology is released so that ALL can live a better life, and not continue to destroy this planet with needless pollution. All for the love of money, power and control. Russia is NOT the problem, the problem is the NWO, and the elite behind it.

    1. JoAnne, thank you for your retort. It’s not Putin, the West has backed him into a corner and he is pushing back and has the mental toughness to stare down the Western bankers and their pussy boy Obama.

  4. “Russia is NOT the problem, the problem is the NWO, and the elite behind it.”
    Russia and Putin are Pawns in the Game, DO NOT put your hooks or your hopes into Russia or Putin keep your mind open! No one is going to save us, but us. Please Do not get hooked into it stand back look and listen to all the players. just saying!

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