Russia & China to kneecap petrodollar in 2018 predicts Saxo Bank

[VCheng]

Apart from more than half a trillion dollars oil and gas deal, good portion of it bypassing USD. Russia floating Yuan bond. Russia has deal with Iran to buy $3 billion worth of oil from Iran pay with its currency and/or goods.
Venezuela, Iran Iraq, and even Saudis will switch (part of their oil proceed) from USD.

Looks like wana be american is far off from reality of today.

And yet, despite all this "bypassing", Russia's economy is nearing collapse due to sanctions. That is the reality. Please do tell me when the other countries you mention actually make such a switch.

May be next week, if not then then surely the week after?

 

[Hamartia Antidote]

Yes, but "kneecapping" sounds so ......... painful?



Next? No, it has already happened.

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Well you should have hinted to him that they do this with all currencies especially if some Ayatollah is on it.

 

[VCheng]

Well you should have hinted to him that they do this with all currencies especially if some Ayatollah is on it.

I prefer two-ply, at least, and plain white, no printing.

 

[Hamartia Antidote]

I prefer two-ply, at least, and plain white, no printing.

Charmin Ultra-soft or you may as well be using the 3 Seashells method.

 

[Yaseen1]

cryptocurrency will replace u.s dollar in future

 

[Georg]

Charmin Ultra-soft or you may as well be using the 3 Seashells method.

you need to be old to know demolishen men

 

[Pax Ottomana]

Forget about weapon exports, the mere fact that Russia has vast oil & gas resources and happens to be one of the largest grain producers in the world suggests its economy cannot be collapsed in the sense that the West wants you to believe.