Friday, September 4, 2015

Russia Is Going To Pass A Law Formally Dumping The U.S. Dollar

By Michael Snyder – Economic Collapse Blog

Vladimir-Putin-2015-Public-Domain-460x306
Russian President Vladimir Putin has introduced legislation that would deal a tremendous blow to the U.S. dollar.  If Putin gets his way, and he almost certainly will, the U.S. dollar will be eliminated from trade between nations that belong to the Commonwealth of Independent States.  In addition to Russia, that list of countries includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan and Uzbekistan.

Obviously this would not mean “the death of the dollar”, but it would be a very significant step toward the end...

Read the whole entry... »



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