Thursday, March 6, 2014

Russian threat of dumping dollar could lead to $16 trillion collapse of economy

Talking heads and pundits will tell you that Russia’s threat to sell their U.S. dollar reserves and confiscate assets should America or Europe choose to impose economic sanctions is not that big of a deal.  However, the corporate media misses one vital piece of information, and that is the possibility that should Russia begin dumping their treasuries en masse in the open market, then it could trigger an immediate $16 trillion return of all dollars offshore as countries already wanting to get rid of U.S. currency find the perfect opportunity to not be left holding the bag.

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