Russia Threatens To Abandon The U.S. Dollar, Start Dumping U.S. Debt And End U.S. Financial World Power!

• ‘”An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system,” he added.’ – Quote
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• Implied in the statements by Sergei Glazyev is the abandonment of the SWIFT (Society for Worldwide Interbank Financial Telecommunication). This is the computer network system used worldwide for interbank fund transfers between nations and is controlled by the western Illuminati. An alternative system is already being developed (and is ready operationally?) by the Russia/China alliance based on gold trade settlement. Abandoning SWIFT (and employing another system) means the end of the western Illuminati’s global financial hegemony! The western Illuminati uses SWIFT as a weapon to lock enemy countries out of international trade since without it they can no longer make payments internationally.
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• Who is already attacking the Russian Ruble and the Russian stock market? Financial war has started against Russia. Putin obviously knows who is behind the recent collapse of the Ruble!
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• Russia Threatens To Abandon The U.S. Dollar And Start Dumping U.S. Debt! 
  by Michael Snyder, http://theeconomiccollapseblog.com/ 
  The 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.
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  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.  The U.S. 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 United States is “economically independent” are being quite delusional.
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  In order for U.S. economic sanctions against Russia to be effective, Europe would also have to get on board. But that simply is not going to happen. As I noted yesterday, 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 the economic condition that Europe is currently in.
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  To get an idea of just how incredibly dependent the rest of Europe is on Russian natural gas, check out the chart in this article.  A whole bunch of European nations get more than half their natural gas from Russia. And according to the Telegraph, even the UK has already completely ruled out economic sanctions…
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  Europe would be pushed back into recession, Russia into financial meltdown. This is not the sort of self harm Europe is prepared to contemplate right now. Indeed, thanks to the indiscretion of a UK official, who was snapped going into Downing Street with his briefing documents on display for all the world to see, we know this to be the case. Trade and financial sanctions have already been ruled out.
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  So the U.S. can do whatever it wants, but Europe is not going to be any help.  Perhaps Canada will stand with the U.S., but that will be about it. On the flip side, the Russian Foreign Ministry is promising “to respond” if the United States does impose economic sanctions…
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  Russia said on Tuesday that it would retaliate if the United States imposed sanctions over Moscow’s actions in Ukraine.
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  “We will have to respond,” Foreign Ministry spokesman Alexander Lukashevich said in a statement. “As always in such situations, provoked by rash and irresponsible actions by Washington, we stress: this is not our choice.”
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  So what would the response look like? Lukashevich did not say, but top Kremlin adviser Sergei Glazyev is suggesting that Russia could abandon the U.S. dollar and refuse to pay back loans to U.S. banks…
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  “In the instance of sanctions being applied to stated institutions, we will have to declare the impossibility of returning those loans which were given to Russian institutions by U.S. banks,” RIA quoted Glazyev as saying.
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  “We will have to move into other currencies, create our own settlement system.” He added: “We have excellent trade and economic relations with our partners in the east and south and we will find a way to reduce to nothing our financial dependence on the United States but even get out of the sanctions with a big profit to ourselves.”
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  Glazyev also stated that Russia could start dumping U.S. debt and encourage other nations to start doing the same.  The following comes from a Russian news source…
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  read more!

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