Russia Touches U.S. Achilles Heel: Petrogold instead of Petrodollar!


Socio-Economics History Blog

  • Russia Touches U.S. Achilles Heel: Petrogold instead of Petrodollar
    by Gold Silver Worlds | March 13, 2014
    The US government feels the need to intervene in the Russian issue with Ukraine. If it wasn’t for an economic reason, nobody could come up with a valid argument explaining what the US has to do with a former USSR geopolitical issue. Is it really true that US policy makers leverage these “opportunities” as they desperately seek for GDP growth which they can’t find elsewhere?

    Today’s Russia is not governed by an alcohol addict named Jeltsin. Putin, with his roots in the KGB, clearly does not feel any intimidation by the US cabal. By contrast, his answer to the US warnings goes straight to the Achilles heel of the US: the US Dollar based global oil system, also known as “Petrodollar.”

    From Examiner.com (source):
    However, like with the…

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