Saturday, June 7, 2014

90% Of Gazprom Clients Have "De-Dollarized", Will Transact In Euro & Renminbi

The US is tightening the noose on its own neck with every economic sanction against Russia, because it is accelerating the decline of the USDollar as the global reserve currency.  Obama and Congress don't understand the boomerang effects of a globally-linked financial and trade system.  But then again, neither do our top economists and bankers.

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