Russia Threatens To Abandon The U.S. Dollar And Start Dumping U.S. Debt

by cuitlahuacrivas

My Comment: “Russia could do far more economic damage to the United States than the United States could do to Russia.”
I wonder if doing damage to the USA is one of the intended objectives of this all.

 

http://theeconomiccollapseblog.com/archives/russia-threatens-to-abandon-the-u-s-dollar-and-start-dumping-u-s-debt

By Michael Snyder, on March 4th, 2014    

The Kremlin - Photo by Pavel KazachkovThe Obama administration 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.  As you will read about below, one top Kremlin adviser is even suggesting that Russia could abandon the U.S. dollar and start dumping U.S. debt.  In addition, he is also suggesting that if sanctions are imposed that Russian companies would not repay the debts that they owe U.S. banks.  Needless to say, Russia could do far more economic damage to the United States than the United States could do to Russia. 

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