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Russia and China dumped the US - Petro dollar and Dow Drops

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posted on May, 21 2014 @ 04:37 PM
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originally posted by: elysiumfire


Oh dear, are you upset?
Stop your blood clot crying! I don't believe that I personalised any of my postings to this thread, but spoke in the 'collective' sense.
...


You are so brainwashed that you can't see the trees in the forest around you. Literally. Am I mad? yes, because what is happening is going to affect EVERYONE, not just America. This isn't about "American power"...

I am mad because this is going to destroy the lives of billions of people, and notice that I mention billions because it will not only affect Americans...

BTW, you actually think that China and Russia are any different and they haven't excerpted military force and their will on other nations?... lol... Your ignorance on this matter is really sad to say the least.

I would rather that none of the international bankers won this economic battle, be them from the western world or the eastern world...

The fact that people like you out of your ignorance, and contempt for "americans" would root for the other side of the "same coin" only shows that people like you are not willing to learn from past mistakes. You would rather "blame it all on Americans" and cheer for the other global banker elites who will do the same thing that has been going on for decades since 1913.






originally posted by: elysiumfire

I think you'll find that the 2008 banking corruption was all American, and that cost me the job I had at that time. So if Americans are about to experience the same thing I experienced due to the corrupt practices of their compatriots, I won't shed a tear, but I will certainly sympathise with their situation. Go Russia! Go China! Go the BRICS countries!


If you actually knew anything about the Federal Reserve, which is the institution that has taken over the U.S. and world economy alongside other global banker institutions such as the IMF and others, they have NO OVERSIGHT FROM THE U.S GOVERNMENT OR FROM AMERICANS...



In fact the Federal Reserve is not even part of the U.S. government. Several Senators have stated that the Federal Reserve executives have gone so far as to threaten to cause an economic crisis, which they have been doing, if Senators did not do as the Federal Reserve executives demanded of them, such as not asking to audit the Federal Reserve.

Listen on this video how Ben Bernanke states at around 1:30 minutes into the video how legislation to audit the Fed would threaten the "independence of the Fed from the U.S. government". He even states that if this legislation was to pass it would be a take over on monetary policy by Congress" as if that was a bad thing when THAT'S THE WAY IT IS SUPPOSED TO BE...



BTW, the Chinese government, and the Russians are also part of the global banking system, they are just the other side of the same coin which has been destroying nations and caused much suffering, but you and many others like you out of ignorance want to root and cheer for them just because they are not "Americans"...




edit on 21-5-2014 by ElectricUniverse because: add comment.




posted on May, 21 2014 @ 05:07 PM
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off-topic post removed to prevent thread-drift


 



posted on May, 21 2014 @ 05:12 PM
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originally posted by: Montana

originally posted by: crazyewok
Great plan.

Except do that and the USA will NEVER be able to borrow of anyone EVER again. The US would be a liability to lenders

Your USD will devalue too the value of my turds.


You and china both have each other by the balls, it economic mutaly asured destruction.:



Nonsense! There are always banksters willing to buy the blue sky. There are still plenty of dimes and nickles in the US and there is an unlimited number of people eager to sell their souls to get them. One thing this world will never run short of is greedy fools.


Really?

You are that naive?

Really?

Refuse to pay your debt too china and you will lose your credit rateing!

Thats how debt works!

Failure to pay = liability

If USA defualts on a debt especialy willingly why would any nation or institution ever want too trust you again? The fear being if they dont dance too the USA tune they wont see there debt paid back .

Try a little experiment, get a $10000 credit card max it out then refuse to pay it back, then afted you defualt try and apply for another big limit card and see what happens



posted on May, 21 2014 @ 05:38 PM
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ElectricUniverse:

You are so brainwashed...


Oh dear, still crying I see. You really don't like others to have an alternative viewpoint do you? You want the world to be just the way you view it, and no other way. If no one agrees with your perception, then they are brainwashed. LOL! Would you like a tissue for your tears?


Am I mad? yes, because what is happening is going to affect EVERYONE!


So what? It is what it is. Some will suffer, yes, most will be inconvenienced and it is they who will whinge and whine the most...like yourself, for instance. I've already suffered at the hands of corrupt American financiers, so I know what to expect, and I'll deal with it like I did last time. The world is not a fair place, and I've given up trying to convince others to put some effort in to try and make it so. When push comes to shove I'm going to look after number 1, and that's me!


you actually think that China and Russia are any different and they haven't excerpted military force and their will on other nations?... lol... Your ignorance on this matter is really sad to say the least.


You really are conceited thinking that only you understand how the world functions. Yours is just one personal perception of the many millions of perceptions, it's not unique or accurate. Personally, the one thing I take positively from this Russo-Sino deal is that it acts like a foil to American hegemony, American expansionism, and American economic and military bullying.

I'm under no illusion regarding Russia or China, or even the country I live in, but for the first time in many decades, America and the West have finally bumped against a force that will offer real resistance and threat, and the only way that America and the West can deal with it is a) cool things down a bit for a while, or b) go over the top and bring about escalating crises leading ultimately to WW3. I don't care which scenario happens. I just like the fact that America and the West are no longer going to find it easy to dominate the world. Slowly but surely, the Western grip on the world is going to be loosened, and that will bring about relief for those that need it most.


If you actually knew anything about the Federal Reserve, which is the institution that has taken over the U.S. and world economy alongside other global banker institutions such as the IMF and others, they have NO OVERSIGHT FROM THE U.S GOVERNMENT OR FROM AMERICANS...


Utter rubbish! If the American government wanted to take over the Fed they could do it simply by passing required legislation under certain powers. What army or force has the Fed got to stop this? The power of the Fed is an illusion. If the American government wanted to they could have taken over the Fed in 2008, but ideological reasons stopped them doing so, when they should have. International bankers don't have an army, they just wield pens and scribble edicts which others follow. If you had a Senate and Congress that did what it is supposed to do, the Fed would have been audited a long time ago, and they it would have been curbed and trimmed like it needs to be.

Banks are not the problem, policies are. Banks are just buildings where the corruption takes place. The ordinary bank workers are not the problem, they follow policy and orders, as we all do in our jobs. No. America is in the position it is in because the Senate and Congress failed to do their job, and in doing so, failed the American people, who are easily duped anyway. The American people have done nothing to rectify their situation, but have sat back and allowed the country to go rank and rancid around them out of fear and selfishness.

America is not the only country in the world to do business with. Yes, finance is intricately linked globally, but it can also be unlinked, and business done elsewhere, the start of which is what you are now seeing.


In fact the Federal Reserve is not even part of the U.S. government. Several Senators have stated that the Federal Reserve executives have gone so far as to threaten to cause an economic crisis, which they have been doing, if Senators did not do as the Federal Reserve executives demanded of them, such as not asking to audit the Federal Reserve.


Who'd have thunk it, eh? The Fed not being part of the US government. Of course it's not, just like the financial City of London isn't part of the UK. What force do you think the Fed executives hold that could scare senators? The Fed doesn't control the military industrial complex (MIC), so what power do they really have, apart from blackmail? No. It is just an excuse used to explain why senate and congress went along with the Fed's wishes, because those 2 American institutions have become as corrupt as the FED. Bankers don't get to do anything without sanction, and that sanction comes from the senate and congress, because they are part and parcel of the corruption.

Senate and congress are supposed to be the buffer and the 'check and balance' of executive power, yet executive power has been wielded by successive federal governments to ease the way of FED agenda, not because they were frightened, but because they share the same ideological ambitions, and profit in the process. The only power that the Fed has is what Senate, Congress, and executive federal branches allow it. It has nothing whatsoever to do with fear of economic crises. You would put Fed executives in prison for the treason against national security when threatening a crisis to get its own way. That is, if you didn't share the same ideological agenda. Learn to discern your true enemies, pal. It's a real eye-opener!



posted on May, 21 2014 @ 05:46 PM
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I have to say I'm not surprised nor am I actually against what's transpired between Russia and China, with what limited knowledge I have on the whole situation.

Russia has every right to sell their petroleum and natural gas to whomever they want, just as China has the right to buy from whomever they choose. And taking a step back to look at the deal from a larger prospective, it makes perfect sense this deal went through: Russia has soured relations with their previous purchasers; China is not only looking for more energy to fuel their growing economy but one that's cleaner than coal; transmission pipelines are entirely feasible as they're neighbours on the same continent.

What I don't understand is why people here in North America are wringing their hands over this? All these people lamenting at how this is going to affect us, but I just don't see it.



posted on May, 21 2014 @ 05:48 PM
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originally posted by: elysiumfire

CHINA. We need to bomb them back to the 1950s. Seize all the US based assets, cancel the debt, and leave them to the wolves.


You think this is okay? Just because a country rises up to compete economically, you as an American want to bomb them back to the '1950s'? What a piece of work you are! Anyway, this deal brings Russia and China together as mutual interests, if you bomb one, you'll now have to contend with the other. The Bear and the Dragon will be sharing the same cave.

You and your mindset is an example of why America needs taking down a peg or two. I can tell you now, pal, America won't be bombing either country unless it wants to be destroyed in the same process. Russia and China have now led by business example, other countries over the years will follow suit.

By the way, you can't 'cancel the debt', because if you do, you'll have no one to trade with, you would end up destroying your own economy. Once again we have Americans refusing to deal in reality, seeking to rationalize through irrational thinking that things will always be the same and be okay. In denial much?


I am piece of work. I think that if its good for My nation, i really dont care what we do to a nation that has animosity against us. Chinese military leaders have been making comments about harming us for over a decade.
IF we had to take on Russia and China both, fine. Better to die fighting than to live knowing they benefit from our demise.

Picture this, if China was destroyed, then quite a few other small Asian countries allied with us would be more than happy to pick up some manufacturing in agreement to aid. Most other asian nations HATE China.

We can very easily cancel the debt if we declare war on them. everyone allied with us would still trade with us as that loss of debt liability to now enemy China would be even more strong.

reality? the world is dog eat dog. I think a war where the US lost 50% of its people but demolished China and Russia would be very appealing and FAR MORE prosperous than a future of ever growing debt servitude, all the while seeing our quality of life plummet while Chinese improve theirs. I would die fighting to have the America of the 50's-80's back again. SO would probably 2/3 of real Americans.


edit on 21-5-2014 by HanzHenry because: bb



posted on May, 21 2014 @ 05:53 PM
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originally posted by: ElectricUniverse
I am mad because this is going to destroy the lives of billions of people, and notice that I mention billions because it will not only affect Americans...

Billions?

The overall affect, globally, will be negligible. The vast majority of the planet has been operating with non-reserve currency for a very long time. Their markets are already acclimatized to the increased costs associated with non-reserve operations.

Loosing reserve status isn't an economy killer, but it would force the US to address other issues...and some of those issues are potential economy killers.



posted on May, 21 2014 @ 06:34 PM
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a reply to: Vortiki


I am concerned about how it may play out. If it escalates into war, its scary to think that it could be a nuclear one. If that is the case, instead of saying "Its been grand, America" you might want to rephrase that to: "Its been grand, Earth". I hope not.



posted on May, 21 2014 @ 06:35 PM
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originally posted by: yuppa
well since they want to dump th e dollar. call our debt to them null. See how they appreciate that move. And have the IMF declare the debt paid and or null since they slapped them in th e face too.


Agree! Time to boycott Chinese goods and get our manufacturing base going again.



posted on May, 21 2014 @ 06:41 PM
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a reply to: elysiumfire

The way I read history it says a great deal of the worlds current problems are directly related to how the British Empire first colonized, and then de-colonized, a large portion of the world.

Mid-east problems...Who made the map? The British...
India-Pakistan at one another throats...why? The British...
Who engineered the Suez crisis? The British...



posted on May, 21 2014 @ 06:43 PM
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Well ur gonna have too start here,,

www.abovetopsecret.com...

in your Academies of Higher Learning.


a reply to: ThirdEyeofHorus



posted on May, 21 2014 @ 07:21 PM
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Just don't know how you're going to pay your 17 trillion dollar debt, that's got me scratching my head.


The American people are not $17 trillion dollars in debt. The US government is $17 trillion dollars in debt to a private, American company.

You seem to have quite a bit of irrational hate for the American people. We are just puppets for the bankers, and so are you.



posted on May, 21 2014 @ 07:26 PM
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a reply to: crazyewok

The American people are not in debt to the Chinese.

The Federal Reserve (a private bank), "sold" the debt the US government owes them to the Chinese.

Show me where the United States has ever borrowed money from China (protip: you can't).



posted on May, 21 2014 @ 07:32 PM
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originally posted by: openminded2011
a reply to: Vortiki


I am concerned about how it may play out. If it escalates into war, its scary to think that it could be a nuclear one. If that is the case, instead of saying "Its been grand, America" you might want to rephrase that to: "Its been grand, Earth". I hope not.


Not likely to go nuclear, only as a last desperate act. They want a conventional war.Maximum destruction ( Money in rebuilding), Maximum Deaths ( thin the herd,unemployed fill the vaccum), Conventional weaponry ( Arms sales), end result, the Winner gets to hold the next Bretton Wood.Greenshoots of happiness.



posted on May, 21 2014 @ 07:33 PM
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originally posted by: Sublimecraft
a reply to: 13th Zodiac

Sounds like Russia and China need a dose of freedom and democracy from the war office of the land of the free.

Rejection of the petro-dollar can't occur until every last drop of Oil is extracted and sold at over-inflated prices to the public.

Just ask America and her interests, they will free the crap out of you as proof of this policy.




What happens in five years when China owns Russia? the only good thing will be that the Russian billionaires will get richer. The only thing China wants are Russia's mineral wealth.



posted on May, 21 2014 @ 08:18 PM
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a reply to: BobAthome

I don't know what you are talking about, and I guess I just have to watch some YouTube to get Smart in Economy. (even though I have a minor in Business Management).

China is the key to our recovery and we owe all our creativity to China? What planet did you say you are from? China STEALS our technology, at least whatever Clinton and other treasonous politicians didn't give them.
Either you are working off of Progressive revisionist history or I misunderstood your point.

Oh yes, and it's to, not too.

Here's for your edification

Chinese hackers have gained access to designs of more than two dozen major U.S. weapons systems, a U.S. report said on Monday, as Australian media said Chinese hackers had stolen the blueprints for Australia's new spy headquarters

usnews.nbcnews.com...


edit on 21-5-2014 by ThirdEyeofHorus because: (no reason given)



posted on May, 21 2014 @ 08:23 PM
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originally posted by: LewsTherinThelamon
a reply to: crazyewok

The American people are not in debt to the Chinese.

The Federal Reserve (a private bank), "sold" the debt the US government owes them to the Chinese.

Show me where the United States has ever borrowed money from China (protip: you can't).


You make a very interesting point here, but basically the American people are the government, and we have let the government sack us with this debt they allowed themselves to become indebted to the Federal Reserve because of crookedness, unwillingness to control spending, or just plain ignorance. Until we address this problem, the government will continue to raise taxes and force Americans to pay back the debt the government owes the Fed and foreign governments we should never have borrowed from in order to give to other foreign countries as aid and bribes. The Socialists and Big Government spenders need to rein it in and stop acting like it's our responsibility to do all these things for the rest of the world. Let the rest of the world figure it out for themselves.



posted on May, 21 2014 @ 08:25 PM
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Well people shouldn't be surprised. America sanctions Russia economically, and then don't expect Russia to respond? My favourite is the US banning VISA and MasterCard from some Russian banks and then whining about lost of revenue. Good on Russia for making a stand.

The truth is, China will become (and is for a lot of countries now) the economic saviour to most countries. America has been using its economic might as a weapon for too long.

Sooner or later the EU will get pi$$ed off being told what to do by the US and their puppets the brits. Let the scots vote for independence please.

I can just see the US about to spread some "freedom" to China and Russia very soon from a B2. Or maybe they will make a claim that Russia or China has WMD's. How about a shot down airliner anyone?



posted on May, 21 2014 @ 08:30 PM
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"when a senior lecturer in the Management Department at McCombs"

- See more at: www.abovetopsecret.com...

University of Texas at Austin
McCombs School of Business,,,
when a senior lecturer in the Management Department at McCombs extrolls the virtues of a,
Chinese Busines Structure over American Business Management,,
That undermines confidence in the American Economy, don't u think,,
or did u even watch any of the Professor's Speach??

revisionist history??



a reply to: ThirdEyeofHorus



posted on May, 21 2014 @ 08:31 PM
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a reply to: elysiumfire




So what? It is what it is. Some will suffer, yes, most will be inconvenienced and it is they who will whinge and whine the most...



You must be happy in your bondage to a surveillance society worse than the US, and I guess Michelle O is taking your example of telling everyone to eat their broccoli, or ELSE!
How's the waiting for surgical procedures working out for you?



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