Vladimir Putin Sums Up The New World Order In 5 Words

Zero Hedge – by Tyler Durden

Russian President Vladimir Putin succinctly summarized the shifting tectonic plates of geopolitics. 

First he explained the status quo…

“The Dollar enjoyed great trust around the world. But, for some reason, it is now being used as a political weapon to  impose restrictions.”

Then Putin explained the consequences…

“Many countries are now turning away from the Dollar as a Reserve Currency.”

And ultimately what happens…

“US Dollar will collapse soon.”

And just like that, it was gone. Remember “nothing lasts forever”…

As Bloomberg reports, Russia’s central bank has been the largest buyer of gold in the past few years.

Source: Bloomberg

Of course, Putin is not the first (and won’t be the last) to suggest the end is nigh for the dollar…

The World Bank’s former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system.

“The dominance of the greenback is the root cause of global financial and economic crises,” Justin Yifu Lin told Bruegel, a Brussels-based policy-research think tank. “The solution to this is to replace the national currency with a global currency.”

Warren Buffett once explained that “for 240 years it’s been a terrible mistake to bet against America, and now is no time to start.”

We don’t mean to rain on his parade too much, but the following charts suggest time is ticking, as the world transitions from dollars to non-fiat reserves…

Source: Bloomberg

4 thoughts on “Vladimir Putin Sums Up The New World Order In 5 Words

  1. Is this a set up to move us from First World status to Second? All indicators are there in terms of our struggling people and those who have been flushed in to replace us.

    Seems they’re just trying to figure out how to keep the rich rich in a poor country. The word DICTATORSHIP comes to mind.


  2. $75,000 to $100,000 for a new pick up truck? Yeah Vlad, something is wrong alright. Jeewhiz, I wonder if Israel has anything to do with it?

    Quit talking down to us asshole…your just pissed because you sold us Alaska in 1867 for a measly 7 million, eat shit…

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