Sunday, March 30, 2014

Putin Flushes the US Dollar: Russia’s Gold Ruble Payments System Delinked from Dollar

A New Financial System independent from Wall Street & city begins to take shape concretely in Russia. by Umberto Pascali Copyright © Umberto Pascali, Global Research, 2014 published on Global Research 30 March 2014 republished here under the term of Fair Use Russia “forced” by the sanctions to create a system independent from the Dollar. Russia announces that it will sell (and buy) his products and commodities – including oil – in rubles; not anymore in dollars. Putin has been preparing this move — the creation of a payment system in rubles completely independent and protected from the Dollar and the killer speculations of the big Western financial institutions — for a long time.



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