Saturday, January 17, 2015

Russia throws down the gauntlet: energy supply to Europe cut off; petrodollar abandoned as currency war escalates

Today Natural News reported (channeling the UK's Daily Mail newspaper; "There are some big moves taking place on the global stage that you need to know about, as this could all lead to World War III. Yesterday Russia cut off its natural gas supply to Europe, "plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated. This morning, gas companies in Ukraine said that Russia had completely cut off their supply. Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of ..."

It is absolutely true but this blog and our parents Boggart Blog and The Daily Stirrer were reporting the death of the petrodollar several months ago, our favourite uncle Little Nicky Machiavelli ran this report in April 2014.

US Threatens Russia Over Petrodollar-Busting Deal

I'm really having trouble keeping up with what I posted where at the moment. Not so long ago The Daily Stirrer posted an article on how the west had much more to lose in an economic war with Russia. While the rent boy President, Barack Obama huffed and puffed and drew red lines (with a crayon) Putin grinned, flicked V signs westwards and sang "Who's got all the gas, who's got all the gas ...
And no wonder, things are progressing very quickly. The American economy depends on the 'petrodollar', while the US dollar is the global reserve currency in which nations conduct cross border business, the US can dictate what price it will pay for commodities. But once other nations abandon the dollar, the fundamental weakneses of the US economy are exposed.
I warned of this a long time ago: how Saddam May yet Win The War
We are a lot further down the line now and I can see how true my predictions were: USA, Russia, Economic War Over Ukraine - an explainer which shows how Russia need not fear western economic sanctions if they are not supported by China, India and the Islamic world.
It does not end there however. We also reported on Putin's plan, hatched with his Chinese allies, to ditch the dollar as reserve currency:
Putin Flushes The Dollar Down The Toilet - We Told You So
And now our always reliable friends at Zero Hedge are on the case too:
US Threatens Russia Over Petrodollar-Busting Deal

Just because something is ture does not mean it is news. Try to keep up Daily Mail.


RELATED POSTS: De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities
Imminent collapse of the petrodollar
India and Turkey joint move against the petrodollar
Iran and the petrodollar
How Saddam Hussein May Yet Beat The USA
Ukraine caught in proxy war for the petrodollar
The Collapse Of The Economic System Thanks To American Warmongering
2015 The Story Of China, Russia, Iran and The Petrodollar Death

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