Thursday, October 15, 2009

Only the Blind Can Miss the Writing on the Wall

Putin is negotiating an energy deal with China that would involve their two currencies as the medium of exchange.

The article on RIANOVOSTI is an update from the Shanghai Cooperation Org. (SCO) meetings in Beijing.

Putin said "Yesterday, energy companies, in particular Gazprom, raised the question of using the national currency. We are ready to examine the possibility of selling energy resources for rubles, but our Chinese partners need rubles for that. We are also ready to sell for yuans."

Each of these chinks in the foundation of the dollar should be headline news in the US, of course they are not. The decline of the dollar will take the standard of living for 95% of Americans. So, whether or not Rush Limbaugh owns a football team is understandably more important.

Stupid Americans. It will be so funny when they are unemployed and hungry and start asking what happened two years from today. Unfortunately, I am an American who will be along for the ride.

No comments:

Post a Comment