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Russia warns could 'reduce to zero' economic dependency on US
AFP, via Yahoo! News ^ | March 4, 2014 | AFP

Posted on 03/05/2014 5:03:10 AM PST by Timber Rattler

Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened.

"We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves," said Kremlin economic aide Sergei Glazyev.

He told the RIA Novosti news agency Russia could stop using dollars for international transactions and create its own payment system using its "wonderful trade and economic relations with our partners in the East and South."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Foreign Affairs; Government; Russia
KEYWORDS: failure; obama; ukraine; yesterday
And yes, the Rooskis could certainly do it, considering the vast size of their territory and natural resources.

Putin holds all the cards, and its a royal flush.

1 posted on 03/05/2014 5:03:10 AM PST by Timber Rattler
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To: Timber Rattler

Last evening before I shut him off, BOR was ranting about how unstable the Ruble was. He said the US could destroy their currency and undermine their financial system. I howled. I said to my wife the largest debtor nation in the world is going to do that to a creditor nation, one which recently made ovatures to have the dollar removed from the world as its reserve currency. Furthermore, a few countries joined that move? Right Bill, keep on dreaming. The night before he was yelling over Col Hunt, a guy I admire, telling him about our options when Hunt was basically saying we have not many and without Europe would have a tough time sanctioning them. What an opinioned jackass.


2 posted on 03/05/2014 5:10:50 AM PST by Mouton (The insurrection laws perpetuate what we have for a government now.)
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To: Timber Rattler

Ivan owes us one.


3 posted on 03/05/2014 5:19:16 AM PST by glock rocks (If you like your health plan, you're a racist !)
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To: Timber Rattler

I agree, the Russians actually hold all the cards, and the MSM and Administration doesn’t understand that at all.

With all the overtures of many nations to drop the dollar as a world currency...the economic toll will be on us! No one is talking about Russia’s allies from China to Iran to Venezuela and points in Africa/Egypt.

Putin has done a darn good job actually planning for the reemergence of Russia as a major player on the world stage.

Obama and his regime has been totally blindsided and their ignorance stands in their way.

I said elsewhere that Gog is on the move. And the eagle doesn’t fly again until Damascus falls. This whole thing from Iran to Syria to the Ukraine...it is all related.


4 posted on 03/05/2014 5:19:44 AM PST by EBH ( The Day of the Patriot has arrived.)
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To: Timber Rattler

They have been looking at the BRICS solution for over a year now. This is just what I thought they would do if pushed further. Buckle up.


5 posted on 03/05/2014 6:24:48 AM PST by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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To: Timber Rattler

Nobody in their right mind thinks leftists are in their right mind.

As far as I’m concerned, I wish the world would stop buying our debt. It’s obvious we’re a bad risk and getting worse. Right now they’re just being “enablers” so our politicians can keep their snouts in the trough.


6 posted on 03/05/2014 6:25:19 AM PST by afsnco
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To: Timber Rattler

Conventional wisdom used to be that a country that is self sufficient and secure can thrive whatever the situation.


7 posted on 03/05/2014 6:30:11 AM PST by grania
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To: Timber Rattler
It seems that somebody/something that is beyond the grasp of Obama's Palace Media, has left them scrambling to find the wordity with which to keep The One, Dear Leader, Obama, elevate-able.


8 posted on 03/05/2014 7:26:25 AM PST by First_Salute (May God save our democratic-republican government, from a government by judiciary.)
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To: EBH; F15Eagle; The Ignorant Fisherman

Yes. You are spot on. And Gog is on the move.


9 posted on 03/05/2014 7:28:07 AM PST by SkyPilot
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To: EBH; First_Salute; SkyPilot

Unless, of course, Obama’s whole plan is to destroy U.S. leadership in the world, and I think there’s plenty of evidence of that.

As each crisis comes, he plots or takes advantage of it, to further weaken the USA.

His main domestic product and export is gayness. In all things.

Like Baalam, he knows how to destroy a nation.


10 posted on 03/05/2014 12:10:54 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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