Mornin Cal. Not to mention they already threatened to Reduce to Zero on any economic dependency with us.
Russia warns could 'reduce to zero' economic dependency on US.....
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."
Russian firms and banks would also not return loans from American financial institutions, he said.
"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.
He said that economic sanctions imposed by the European Union would be a "catastrophe" for Europe, saying that Russia could halt gas supplies "which would be beneficial for the Americans" and give the Russian economy a useful "impulse".....snip~
Russia warns could 'reduce to zero' economic dependency on US
As for the agreements, ehh...ok...people don't trade and use the dollar because they love the US. They do it because the US economy is effin ridiculously huge and it's convenient.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
"The standoff in the Crimea is not worrying too many bankers working in London's equity capital markets, despite a heavy sell-off across the board in Europe.
Russia's incursion into the Crimea, which strategists say has re-activated East West tensions between the former Soviet Union nation and the US, has had a sharp impact on markets in early trading.
It comes as a raft of initial public offerings and other equity deals are being prepared in Europe.
ISS, a Danish outsourcing firm listing in Copenhagen, announced a price range for its IPO this morning, while UK discount retailer Poundland is also entering the final stages of a London flotation.
David Buik, markets commentator at Panmure Gordon, said: "My greatest worry for a prolonged diplomatic impasse is that it could wreck the pipeline of IPOs – so necessary to illustrate the improving economic conditions which have recently manifested itself in the UK."
ECM bankers calm on Crimea - Financial News
Ignorance is bliss. They have oil and energy they don't need dollars. They also have gold. Russia has already lead discussions of moving from the dollar to a world currency under the auspice of the UN - look it up. Like I said, ignorance is bliss, if you think the dollar is safe your beloved govt won't save you when its used as toilet paper.
"What difference" "does it make?"
"What difference" "does it make?"
I think that's great. Grab all Russian money and assets. Seize any stocks, property and interests they have in the US too. We could use the money anyway. Call for a worldwide Russian money and property grab! This is a great excuse to do so.
Russia pushes on with gas pipeline despite EU delaying talks....
Russia's Gazprom, disregarding European Commission plans to delay talks, said it expected to sign deals this month on building its major South Stream pipeline to carry gas to central and southern Europe without crossing Ukraine.
It made the announcement a day after the Commission said it would postpone talks with Gazprom over South Stream which still requires European Union legislation, including exemptions from rules that limit pipeline ownership and require access be provided to other gas firms.
Past supply disruption because of pricing disputes between Moscow and Kiev have motivated EU leaders to seek alternatives to Russian gas, and the current Ukraine crisis has increased the EU's focus on diversifying energy sources.
But previous efforts to bring new gas suppliers to Central Europe have so far largely failed.....snip~
Russia pushes on with gas pipeline despite EU delaying talks