Posted on 01/22/2015 3:27:53 PM PST by 22202NOVA
http://www.cnbc.com/id/102292477
(Excerpt) Read more at cnbc.com ...
likely grand-children.
Russia’s dumped billions now in the US dollar...make no mistake it’s oil and the dollar...the two flow or not togther.
Dumped billions ?
First of all that’s not only a drop in the bucket but would or has been a very stupid thing for Russia to do.
Russia is not even close to being able to affect the worlds economic balance.
Russia, Purchasing Power Parity (2013)
2.5 Trillion
U.S., Purchasing Power Parity (2013)
16.7 Trillion
This is before the rise in the US Dollar.
Bidens going with a group.
It’s not the amount...it’s that they’re dumping them and the ripple effect.....
Think again.
Russia’s already affected the worlds economies....you cannot put sanctions on a nation without the effects being felt by all...it’s 2015 and the world is interconnected...and many times hardwired via pipelines.
Europe was alreayd in trouble but now using QE as of today announced. They’r e also backtracking on Russia...Bularaus wants meeting with Putin on Southern Pipeline.......IMF want Putin to roll over Ukraine’s 3 billion debt...again.
Austria and others will not agree to further sanctions...and also saying they want those in place against Russia lifted. There are others speaking out as well.
LMAO.
They sure need some young blood to take over, the new King is 79?! Prince Charles hopes he doesn’t have to wait that long.
Oh, gross.....
I’m very well aware of the issue and interconnectedness.
But Russia is not as big a player as you seem to think.
So the Russians are getting Euro’s for their oil and gas and those Euro’s are collapsing in their purchasing power.
If anything, it’s the Saudi’s that are trying to crush Russia in retaliation for Russia helping Iran.
Once you step outside the “US dollar destruction”, “buy gold”, “run away inflation” narrative, you may get a better idea of what is happening.
From my experience and perspective, the US Dollar should have continued it’s upward move that started in 2008. It was only when/because the FED began playing QE that the US Dollar went into a lower band trading range.
The US is the best house in a really bad neighborhood.
But EVERYTHING is relative in our connected world.
Listen, unless the FED surprises everyone and starts another round of QE, our Dollar is going to continue to move higher, a lot higher. Gold, oil and pretty much every major commodity should drop in price.
BTW, we haven’t seen anything yet when it comes to the US Dollars upward move. Right now the move is based on speculation that the FED will raise rates (in addition to the problems/QE in the eurozone and around the world).
The real fireworks will happen when the FED actually does raise rates. The money will move soo fast that your head will spin.
...”The real fireworks will happen when the FED actually does raise rates. The money will move soo fast that your head will spin”....
On that note we’ll agree.
another reason why gas prices are merely temporarily lower. imstability in the mideast can easily get them back up again.
why our guys pulled their pants down to circle jerk about raising the gas tax shows they’ve got their own huge perverted libtard streak in them.
If anything, it’s the Saudi’s that are trying to crush Russia in retaliation for Russia helping Iran.
And everybody’s terrified to put Iran in its place over the decades? Drown Iran in its own oil it can’t sell, it has nothing else to offer the planet except misery and grief.
Thank you.
Iran is a lot like China in this sense, with China being substantially more dangerous in the long run.
Iran’s nukes are a very serious problem because they are islamic nutjobs. China, on the other hand is developing into an economic and military power.
Both Gov’t’s could care less about their own people when push comes to shove. Neither country, and China more so don’t care how many of their own citizens die of starvation or as soldiers.
While China’s economic growth combined with their communist government may allow them to project their military strength and expand those ambitions, the US would still hold the cards if we had a strong leader.
Saudis don’t fight each other over the crown. There hasn’t been an assassination for control of the throne since before the creation of the nation.
Not really.
There’s no power struggle for the throne.
Hasn’t been for a very long time.
Careful what you wish for...
Any information on his political/philosophical outlook?
They’re arabs, mostly bedouin too in origins. A reason their skin is not always darker than could or should be is because they don’t do manual work out in the hot sun there. The Saudi royals & ruling class are way too pampered.
I’m sure he’s down there with the Paris shooters saying, “WTF!”
Yes, new blood.
Prince Charles: Egads.
He’ll be there bowing at the speed of a ceiling fan....
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