6 Responses to “Will abandoning of dollar as a reserve currency by Russia and China trigger a downfall in the US economy, dollar rates and US markets?”

1. Observant
   March 4th, 2014 @ 2:23 pm

   I think China has more at risk than Russia.

   This is probably part of Obama’s secret plan to undermine our nation

2. Tim
   March 4th, 2014 @ 3:29 pm

   Never put anything past Obama. He is not just a poorly qualified president. He is not just in over his head regarding his running of the nation and its economy and traditions. He knows exactly what he is doing. The problem is that where he is taking the United States is so contrary to what most American can believe that they choose to ignore the obvious. Obama’s intention is to tear down our family, military, religious, educational, and historical traditions that has made the United States the greatest country in the history of the world. He wants to destroy our moral fabric, reduce us militarily, destroy our economy so that we very soon will be an impotent Great Britan equivalent or worse. When this happens the poor will become poorer and everyone’s standard of living will go back to the 1930 – 1940 era if we are lucky. But, Obama and his minions will be living high in Hawaii or Kenya wherever he feels most comfortable. America elected the biggest fraud in the past 500 years because America has become a nation cumulatively occupied by idiots. May God have mercy on this once great country.

3. joebanana
   March 4th, 2014 @ 8:20 pm

   Could we get so lucky? Something has to end this train wreck of a country, and crime syndicate of a government.

4. dr_taitz@yahoo.com
   March 4th, 2014 @ 8:58 pm

   you don’t want to throw out the baby with the bath water. We want to replace the leadership, not to destroy the whole economy

5. Thomas
   March 5th, 2014 @ 5:46 am

   The Fed. Reserve Printing Money Like Their is No Tommorow… 85 BILLION A Month, To Purchase U.S. BONDS ??? All to Prop Up A CORRUPT Wall Street Market. Our Dollar Is Nearly WORTHLESS, Because of THIS Practice. Destroying The Dollar = Destroying THE COUNTRY… As PLANNED!

6. Jason
   March 5th, 2014 @ 11:42 am

   If the US Dollar ceases to be a reserve currency (which means all major commodities are first priced in dollars), then virtually all our imported products will drastically increase in price as more and more dollars are printed by the Federal Reserve. (Thus diluting America’s buying power.) It will take more and more dollars to fill our gas tanks and buy those once cheap imports. Economic downfall will then be upon us.

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