Russia threatens to abandon FPSA dollar and dump FPSA debt!
MOSCOW, Russia (PNN) - March 4, 2014 - The illegitimate Obama regime and the hotheads in Congress are threatening to hit Russia with economic sanctions for moving troops into Crimea. Yes, those sanctions would sting a little bit, but what our politicians should be made aware of is the fact that Russian officials are promising to respond if economic sanctions are imposed on them.
One top Kremlin adviser is even suggesting that Russia could abandon the Fascist Police States of Amerika dollar and start dumping FPSA debt. In addition, he is also suggesting that if sanctions are imposed that Russian companies would not repay the debts that they owe FPSA banks. Needless to say, Russia could do far more economic damage to the FPSA than the FPSA could do to Russia.
The FPSA financial system relies on the fact that the rest of the planet is going to use our currency to trade with one another and lend gigantic piles of it back to us at super low interest rates. If the rest of the world starts changing their behavior, we are going to be in a massive amount of trouble. Those that believe that the FPSA is economically independent are quite delusional.
In order for FPSA economic sanctions against Russia to be effective, Europe would also have to get on board. But that simply is not going to happen.
Russia is the largest exporter of natural gas on the planet; and Russia is also Europe’s largest supplier of energy.
There is no way that Europe could risk having Russia cut off the gas, especially considering Europe’s current economic condition.
So the FPSA can do whatever it wants, but Europe is not going to be any help. Perhaps Canada will stand with the FPSA, but that will be about it.