Russia Holds "De-Dollarization Meeting": China, Iran Willing To Drop USD From Bilateral Trade

Unfortunately, this will only become reality after it's actioned, and by then it will become the beginning of the end for Americans who have lived and believed the Fed Zionist lie, and who have been sold down the river by the Cabal and Zionist Treasury. The Ball Games and Reality TV shows will still command thinking time and few will still focus on core realities. Which is why DC will reign until collapse.

So fiction becomes reality. But note, once the Petro Dollar gets tagged, what will follow in the US will be Social Collapse and Civil War. Insurrection and all the agitated mass violence the Agencies have visited upon others will come home to roost.

Once the Dollar Standard goes, the entire standard of living for all Americans goes with it. You can only live the lie, if Global suppliers take the lie that is the Fiat / Ponzi currency. When that ends, how will the country cope with a 30%, then 40%, then 50% collapse in living Standards? Then freefall.

How is America truly any different to Zimbabwe once its currency is outed?

Once Russia and China, plus BRICS, pull the plug it's unstoppable. It's here, it's happening and not enough are awake. So dumbed down.

The end of the 950 Global bases creating world conflicts.

The end of the Petro Dollar, huge impacts on Saudi and Arab nations. The emergence of Iran and Payback Time for IsraeHell.

It's sad, but again - All Empires end.

Thinking Americans need to start thinking the unthinkable now. Immigrants need to become Emigrants. Time to emigrate as your forefathers did. They left to escape ruthless, corrupt, rotten Feudal regimes. Sound familiar?

Sorry folks but as most here are thinking Americans, do you really think you can turn this Tramp Ship of State around alone before it gets scuttled? When the Petro Dollar goes, it's all over. The bubble will bust and life will become a mass sewer pit of realities under DOJ and FEMA. State controls. Agenda 21 will be imposed, and NWO will eclipse it all. So, as real friends we say again, respectfully, at least start to think - What if?


Zero Hedge
By Tyler Durden
13 May 2014

That Russia has been pushing for trade arrangements that minimize the participation (and influence) of the US dollar ever since the onset of the Ukraine crisis (and before) is no secret: this has been covered extensively on these pages before (see Gazprom Prepares "Symbolic" Bond Issue In Chinese Yuan; Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China; Russia And China About To Sign "Holy Grail" Gas Deal; 40 Central Banks Are Betting This Will Be The Next Reserve Currency; From the Petrodollar to the Gas-o-yuan and so on).

But until now much of this was in the realm of hearsay and general wishful thinking. After all, surely it is "ridiculous" that a country can seriously contemplate to exist outside the ideological and religious confines of the Petrodollar... because if one can do it, all can do it, and next thing you know the US has hyperinflation, social collapse, civil war and all those other features prominently featured in other socialist banana republics like Venezuela which alas do not have a global reserve currency to kick around.

Or so the Keynesian economists, aka tenured priests of said Petrodollar religion, would demand that the world believe.

However, as much as it may trouble the statists to read, Russia is actively pushing on with plans to put the US dollar in the rearview mirror and replace it with a dollar-free system. Or, as it is called in Russia, a "de-dollarized" world.

Voice of Russia reports citing Russian press sources that the country's Ministry of Finance is ready to greenlight a plan to radically increase the role of the Russian ruble in export operations while reducing the share of dollar-denominated transactions. Governmental sources believe that the Russian banking sector is "ready to handle the increased number of ruble-denominated transactions".

According to the Prime news agency, on April 24th the government organized a special meeting dedicated to finding a solution for getting rid of the US dollar in Russian export operations. Top level experts from the energy sector, banks and governmental agencies were summoned and a number of measures were proposed as a response for American sanctions against Russia.

Well, if the west wanted Russia's response to ever escalating sanctions against the country, it is about to get it.

The "de-dollarization meeting” was chaired by First Deputy Prime Minister of the Russian Federation Igor Shuvalov, proving that Moscow is very serious in its intention to stop using the dollar. A subsequent meeting was chaired by Deputy Finance Minister Alexey Moiseev who later told the Rossia 24 channel that "the amount of ruble-denominated contracts will be increased”, adding that none of the polled experts and bank representatives found any problems with the government's plan to increase the share of ruble payments.

For the benefit of our Russian-speaking readers, the interview with Moiseev is below and the transcript can be found here:



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The Fed Is The Great Deceiver

Pretty much to the point. Please note what we keep warning you is unfolding.

               source

Institute for Political Economy
By Paul Craig Roberts
and Dave Kranzler
12 May 2014

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.

From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.

Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?

No, Belgium’s trade and current accounts are in deficit.

Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase?

No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.

So where did the $141.2 billion come from?

There is only one source. The money came from the US Federal Reserve, and the purchase was laundered through Belgium in order to hide the fact that actual Federal Reserve bond purchases during November 2013 through January 2014 were $112 billion per month.

In other words, during those 3 months there was a sharp rise in bond purchases by the Fed. The Fed’s actual bond purchases for those three months are $27 billion per month above the original $85 billion monthly purchase and $47 billion above the official $65 billion monthly purchase at that time. (In March 2014, official QE was tapered to $55 billion per month and to $45 billion for May.)

Why did the Federal Reserve have to purchase so many bonds above the announced amounts and why did the Fed have to launder and hide the purchase?

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Vietnam mobs set fire to foreign factories in anti-China riots

Now this is hardly likely to encourage the Dong deal is it?

Submitted by our Brazilian friends.



Reuters
By Ho Binh Minh
and Manuel Mogato
14 May 2014

Thousands of Vietnamese set fire to foreign factories and rampaged in industrial zones in the south of the country in an angry reaction to Chinese oil drilling in a part of the South China Sea claimed by Vietnam, officials said on Wednesday.

The brunt of Tuesday's violence, one of the worst breakdowns in Sino-Vietnamese relations since the neighbors fought a brief border war in 1979, appears to have been borne by Taiwanese firms in the zones in Binh Duong and Dong Nai provinces that were mistaken for Chinese-owned companies.

A police official in Binh Duong province, speaking by telephone, said about 200 people had been arrested.

"We are working on other areas in the province ... We haven't seen any injuries," the official said.

Photographs posted on social media sites and blogs, purportedly of the aftermath of the violence, showed blackened shipping containers, smashed windows and several burnt out vehicles that had been overturned.

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Humor | The Cycle of Life

Let us show you all your future.

In Just 20 Seconds, You’re About To Completely Change Your Entire View On Pretty Much Everything

Growing up is a weird notion to wrap your mind around. As you go through life, your perspectives on almost everything will change. How you define success will change as well. Things that you thought were important at the age of 35 will be useless when you’re 65. You may not realize it now, but everything will shift.

Don’t believe us?

At age 4 success is not peeing in your pants.


At age 12 success is having friends.


At age 16 success is having a drivers license.


At age 20 success is having sex.


At age 35 success is having money.


At age 50 success is having money.


At age 60 success is having sex.


At age 70 success is having a drivers license.


At age 75 success is having friends.


At age 80 success is not peeing in your pants.

De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar

It's building now. The idiot in the WH started this mess.

One will not be able to ignore the realities as time goes on. Hell is unleashing.


The Economic Collapse
By Michael Snyder
13 May 2014

Is the petrodollar monopoly about to be shattered? When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States. But now the Russian media is reporting that the Russian Ministry of Finance is getting ready to pull the trigger on a "de-dollarization" plan. For decades, virtually all oil and natural gas around the world has been bought and sold for U.S. dollars. As I will explain below, this has been a massive advantage for the U.S. economy. In recent years, there have been rumblings by nations such as Russia and China about the need to change to a new system, but nobody has really had a big reason to upset the status quo. However, that has now changed. The struggle over Ukraine has caused Russia to completely reevaluate the financial relationship that it has with the United States. If it starts trading a lot of oil and natural gas for currencies other than the U.S. dollar, that will be a massive blow for the petrodollar, and it could end up dramatically changing the global economic landscape.

The fact that the Russian government has held a meeting to discuss "getting rid of the US dollar in Russian export operations" should be front page news on every mainstream news website in the United States. That is how big this is. But instead, we have heard nothing from the big mainstream news networks about this so far. Instead, we have only heard about this from Russian news sources such as the Voice of Russia...

Russian press reports that the country's Ministry of Finance is ready to green light a plan to radically increase the role of the Russian ruble in export operations while reducing the share of dollar-denominated transactions. Governmental sources believe that the Russian banking sector is "ready to handle the increased number of ruble-denominated transactions".

According to the Prime news agency, on April 24th the government organized a special meeting dedicated to finding a solution for getting rid of the US dollar in Russian export operations. Top level experts from the energy sector, banks and governmental agencies were summoned and a number of measures were proposed as a response for American sanctions against Russia.

The "de-dollarization meeting" was chaired by First Deputy Prime Minister of the Russian Federation Igor Shuvalov, proving that Moscow is very serious in its intention to stop using the dollar.

So will Russia go through with this?

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New European ruling game-changing for U.S. companies

Many innocent parties slandered unfairly on Google sites had no redress. Now they can demand Google removes it.

Submitted by J. 



An internet privacy analyst says the European high court's decision against Google that allows web users to have some say over private information that appears in search lists essentially 'breaks' the purpose of the internet. (May 13) AP 

USA Today
By Kim Hjelmgaard
and Elizabeth Weise
14 May 2014

Europe's highest court ruling Tuesday that people have the "right to be forgotten" and can ask Google to remove some sensitive information from Internet search results is "huge," privacy experts say.

The ruling is "groundbreaking," said Trevor Hughes, president and CEO of the International Association of Privacy Professionals.

"Individuals now have the ability to essentially go in with a virtual black marker and redact their names," Hughes said.

It will "fundamentally change the landscape not only in the field of privacy, but also in the information economy generally," Hughes said.

The judgment was handed down by the Luxembourg-based Court of Justice of the European Union in a development that highlights ongoing battles between supporters of privacy rights and those who advocate for freedom of expression.

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Russia bans police, emergency and military employees from traveling abroad

Just worth observing, it's more of a cautious action than escalation so far, but if the US keep sending their murderous Contractor thugs into Ukraine expect Putin to hit them hard. It would not be a bad thing for the world to see 400 Mercenary body bags sent back. Well overdue. America citizens we defend fully, Mercenary Contractors are vile criminal thugs.

Submitted by our Brazilian friends.

 
Fire fighters are part of Russia's Ministry of Emergencies. (Photo: Thomas Nilsen)

  • Police officers, fire fighters and other law enforcement employees in Murmansk or Arkhangelsk can forget about visiting friends or take a tourist trip to other Barents countries.

Barents Observer
By Thomas Nilsen
13 May 2014

Russia’s Ministry of Civil Defense, Emergencies and Elimination of Consequences of Natural Disasters has issued travel restrictions to all employees like the country’s firefighters, ambulance drivers and rescue troopers, reports LifeNews.

A similar travel ban is imposed for parts of employees under the Ministry of Internal Affairs (MVD) including tens of thousands of police officers, prison guards, and other law enforcement agencies like the Federal Drug Control and the Federal Migration Service. Others listed are people with access to state secrets, like certain employees of the Foreign Ministry. According to estimates, they are around 250,000 people.

The two reasons given to explain the travel ban are to take measure to prevent leaks of secrets and secondly, to prevent the possibility of being arrested by U.S. law enforcement agencies.

MVD has prepared a blacklist of 150 countries their employees no longer can visit. Norway, Sweden and Finland are on the list, as well as all other EU member countries and nations around the world that have an agreement with the U.S. on mutual extradition, reports Izvestia. Countries like North Korea, Cuba and Vietnam are not on the list.

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