Russia and China Move to Dump the Dollar, Threatening the New World Order

 

As long predicted, the dollar’s dominance on the world’s economic stage is wavering and likely to completely collapse soon given the move away from the dollar by Russia, Iran, and China. 

Many have been predicting it. This writer spoke of it as early as 2004. The elite have dreaded it. It’s finally happened. The dollar is soon to be removed as the trading currency for oil and other commodities among Russia, Iran, and China. The effect on the U.S. economy will be catastrophic. However, in the long run it will serve to force the U.S. into a regional, rather than a global role. Continue reading

Russia’s National System of Payment Cards, American Express agree on Mir co-badged card

Free economic leverage to Moscow has just been given away. Sanctions will now be that much more ineffective with AMEX having over 100 million cards circulating globally.

 

MOSCOW, July 20. /TASS/. Russia’s National System of Payment Cards (NSPC) has struck an agreement with the international payment system American Express on issuing co-badged card Mir, NSPC said in a press release on Monday.

Continue reading