Medvedev Pushes Ruble Reserve Currency to Cut Dollar Dominance

Medvedev Pushes Ruble Reserve Currency to Cut Dollar Dominance

www.bloomberg.com

June 19 (Bloomberg) -- Russia wants the ruble to be one of the world’s reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar’s dominance and make Moscow a global financial hub.

“Only three, five years ago it seemed like a fantasy” to create a new reserve currency, Medvedev said yesterday in a speech in St. Petersburg, Russia. “Now we are seriously discussing it.”

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Back to back with other bankers screaming that the US Dollar is losing its position as the world currency, we now have the Russians in open economic war with us. US dominance in the world currency markets is being questioned as never before. We can expect that within a year or two Obama will be telling Congress that if America does not back the new currency the SDR... then the country will collapse... We then all owe our souls to the NWO..

www.bloomberg.com
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Yes Comrade R Clark, it seems the USSR wants to up the anti on the financial side of things, Nothing like rowling the USA, especially when they are losing all that oil of Florida, And the Russians can easily out produce the states in oil production.. Interesting, S&F...

“We really live at a unique time, and we should use it to build a modern, prosperous and strong Russia, a Russia that will be a co-founder of the new world economic order.....