De-Dollarization.
Zerohedge documents the extent to which other countries have taken steps to stop using the US Dollar. First and foremost is the Russo-Chinese agreement to conduct trade in their own currencies instead of US Dollars. This follows agreements between China, the UK and Switzerland to do currency swaps for trading purposes. Turkey is mulling the same thing. Russian oligarchs have shifted their money from Europe to Hong Kong. According to Russia's Central Bank"... the agreement will serve as an additional instrument for ensuring international financial stability.
Also, it will offer the possibility to obtain liquidity in critical
situations.
“The agreement will stimulate further development of
direct trade in yuan and rubles on the domestic foreign exchange markets of
Russia and China,” the Russian regulator said.
Currently, over 75 percent of payments in Russia-China trade
settlements are made in US dollars, according to Rossiyskaya Gazeta
newspaper."
Second Front: Islam vs US. Thanks to the maladministration of Barak Hussein Obama, Iraq has been left in a hole to fend for itself. By announcing that the US would pick up and run, Barak Hussein served notice that all the Islamists had to do was wait a while and victory would be theirs. Thus, ISIS could form an alliance with Iraq's Sunnis and overrun almost half of the country. They will not stop there. They are busy attacking the Kurds and after that they will run over the rest of Iraq. Their plans call for incorporating Lebanon and Jordan and then Saudi Arabia. Obviously, they will threaten the West's oil supply as well as the Western countries. ISIS map and intentions:
Third Front: Ukraine. It still appears that Russia will intervene directly, but the Russians from Eastern Ukraine are recruiting "volunteers" from Russia. The sanctions against Russia have drawn counter sanction: a ban on food imports from the West for one year. Cost: 1.2 Trillion dollars.
Other Fronts are opening up as Barak Hussein pays attention to his putting.
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