Another great story from Michael Snyder. I think we will start seeing the effects of this on our economy by year end. -Mike
The Russians are actually making a move against the petrodollar. It appears that they are quite serious about their de-dollarization strategy. The largest natural gas producer on the planet, Gazprom, has signed agrements with some of their biggest customers to switch payments for natural gas from U.S. dollars to Euros.
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