Russia-China dagger to America’s heart

Russia-China dagger to America’s heart

With such a politically charged topic and trillions of dollars on the line, who do you trust to get the real story from - Aljazeera, CNBC, or the American Free Press Newspaper? It doesn’t matter - they’re all reporting the exact same thing for a change. And that is that Russia and China have signed deals to end the use of the US Dollar as the two countries’ currency of choice. From now on, the two economic powerhouses will move to do business using each other’s currencies instead.

While the two countries represent only a fraction of the US Dollars used in global business by the world’s nations, as American economists and government officials are sure to remind us, it actually doesn’t matter. The US Dollar is not backed by gold or even basic math. It’s backed by the full faith and credit of the United States. And the fact is, the world no longer has much faith in America’s rigged economic system, its worthless paper money flooding the globe, or its ability to pay back the $130 trillion it’s currently and legally on the hook for. That’s what gives the US Dollar its value - faith and creditworthiness - and both are just about gone.