Pentagon: US Considers ‘No-Fly’ Zone Against Assad in Syria

[twomp]

If you haven't noticed, Russia has been making moves to undermine that world reserve currency, even announcing such an intention. And what backs that currency? Oil. to which Russia is the #2 exporter in the world. and they just announced a new huge oil discovery today. they are also the #1 natural gas exporter in the world.
recently they just announced a new direct pipeline from Russia to china and will do the transactions in non-USD.

You are correct that we have the worlds reserve currency, but you are wrong about "endlessly". It will end, and I don't doubt that Russia will be in the mix working to speed that process up.

I am not sure what point you are getting at but Russia still doesn't have the spending power that the United States and NATO does to fight 2 wars on 2 different fronts. Maybe in a few years they will be able to pull this off but for now, they can't afford to fight NATO in Syria AND in Ukraine at the same time.

 

[AngryCanadian]

I am not sure what point you are getting at but Russia still doesn't have the spending power that the United States and NATO does to fight 2 wars on 2 different fronts. Maybe in a few years they will be able to pull this off but for now, they can't afford to fight NATO in Syria AND in Ukraine at the same time.

You must be confusing Russia with as NATO cant still fight in two wars you know? they are running out of money.

 

[AngryCanadian]

Russia doesn't have a currency that is the worlds reserve now do they? We here in the U.S. have this thing called The Federal Reserve. I don't know if you have ever heard of it, it allows us to print money endlessly for our foreign adventures. Do you know of any other country that has the same type of spending power?

Seems You Americans are forgetting BRICS, yours still forgetting the EU hasn't recovered.

 

[twomp]

You must be confusing Russia with as NATO cant still fight in two wars you know? they are running out of money.

You aren't American so I won't fault you for not knowing about our country. Seems like you don't know much about yours either really so I'll try and explain it to you and hopefully you can grasp it. NATO doesn't DO anything without U.S. consent. Hard to imagine I know but we are big brother. Hell, if we wanted to, we could make Canada do what we want too. IT's how powerful we as a nation are. SO IF NATO wants to fight 2 wars, who do you think will be the ones that will be paying for the majority of the bill? France? Spain? No, no my canuck friend. We will be the ones paying the bill so IF we want NATO to fight a war in Ukraine while simultaneously fighting a war in Syria, all we have to do is say yes and it will happen. Congress will pull out a bill borrowing money from the Federal Reserve and bam that's all it takes. Russia nor any other country currently has the ability to do that beside US.

If you want to argue that the dollar will one day crash, I probably wouldn't argue with you but the topic at hand is simple. Does Russia have the resources to fight 2 wars? No. Does NATO (sponsored by the good ol United States) have those resources? Why yes, yes they do. Get it?

 

[69360]

Yeah that was once the conventional thinking when the petro dollar was the world's reserve currency. Oil is now traded in renminbi and rubles. The world has changed.