Russia seeks to Ban US dollar by 2017
Russia seeks to Ban US dollar by 2017
To protect Russians against the “collapsing US debt pyramid”, a Russian legislator has filed a draft bill to ban circulation of the currency in Russia. Once a Moscow mayoral hopeful, Mikhail Degtyarev, 32, likens the US dollar to a worldwide ponzi scheme which he says is scheduled to end in 2017. “If US national debt continues to grow at its current rate, the dollar system will collapse in 2017,” the submitted draft legislation says.
The bill would impose a ban on dollars within a year of its passage, and any private citizen holding accounts in dollars would either need to spend the money or convert it to another currency. There is no proposed ban on the euro, British pound, yen, or yuan. If one doesn’t exchange or transfer dollars within a year, the dollars will be seized by officials, and reimbursed in rubles within 30 calendar days.
China getting rid of US Dollar
China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States. The central bank of China has decided that it is “no longer in China’s favor to accumulate foreign-exchange reserves”. During the third quarter of 2013, China’s foreign-exchange reserves were valued at approximately $3.66 trillion.
And just this week there was another major announcement which indicates that China is getting ready to make a major move against the U.S. dollar. According to Reuters, crude oil futures may soon be pricedin yuan on the Shanghai Futures Exchange…
The Shanghai Futures Exchange (SHFE) may price its crude oil futures contract in yuan and use medium sour crude as its benchmark, its chairman said on Thursday, adding that the bourse is speeding up preparatory work to secure regulatory approvals.
China, which overtook the United States as the world’s top oil importer in September, hopes the contract will become a benchmark in Asia and has said it would allow foreign investors to trade in the contract without setting up a local subsidiary.
If that actually happens, that will be absolutely huge.
China is the number one importer of oil in the world, and it was only a matter of time before they started to openly challenge the petrodollar.
Will Obama become a dictator?
Dictator: Dictatorships are often characterized by some of the following traits: suspension of elections and of civil liberties;proclamation of a state of emergency; rule by decree; repression of political opponents without abiding by rule of law procedures
Presidential Term Limits: necessary and right, or bad for democracy?
House Democrat serrano tries to alter Constitution, end presidential term limits.
What do you think will happen, not if, but when the dollar collapses? What is FEMA for; are you naive enough to believe they are here to help us?
Police Officer Exposes FEMA Camps
Anonymous A Message to the American People.
Obama, as many of you know threw out our constitution. American Sheeple say we have second amendment rights, and he can’t take away our guns. Try showing a trained officer a copy of that piece of paper, see what happens.
A newly leaked US Army Military Police training manual for “Civil Disturbance Operations” outlines how military assets are to be used domestically to quell riots, confiscate firearms and even kill Americans on U.S. soil during mass civil unrest.
The document PDF above which is dated 2006 and was used for a self-learning course at the U.S. Army Military Police School at Fort McClellan, makes it clear that the operations described in the manual apply to both “CONUS and OCONUS,” meaning inside the Continental United States and outside the Continental United States.
The Constitution WILL be suspended under Martial Law, The USD WILL collapse some time in the near future, and bring about “unrest”
Military Police Leak FEMA Gun Confiscation and Martial Law Plans.
Peter David Schiff is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.
FEMA Roundup has begun.
NBC ‘Predicts’… ALL Americans Will Receive A Microchip Implant In 2017 Per Obamacare
There you have it, everything is set into place for