Wednesday, May 21, 2014

Russia And China Finally Sign Historic $400 Billion "Holy Grail" Gas Deal

US economic sanctions against Russia are impotent, as anticipated.  What most casual observers don't realize however, is these so-called sanctions will only backfire on the US as the demise of USDollar hegemony accelerates.
To conclude with the traditional geopolitical balance of power summary: Putin wins (again), Obama loses (again), and the monument to the dollar's status as world's reserve currency gets yet another tarnishing blow.

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