U.S. Dollar Collapse News! Turkey Joins The De-Dollarization Party!



On July 21, Turkish Prime Minister Tayyip Erdogan spoke in an interview with Turkey's ATV television, and confirmed that his office had cut off direct communications with President Obama, and in fact, were no longer even answering calls received from the White House. In addition to this startling announcement regarding a long standing U.S. ally, the Russian Ministry of Economic Development followed this up with a press release that stated that Turkey was quickly moving away from their reliance on the dollar as the global reserve currency, and is seeking increased trade with Russia in a mutually beneficial exchange of self-contained sovereign currencies. Switzerland Currency Swap News:http://www.channelnewsasia.com/news/business/international/switzerland-china-agree/1275244.html Turkey News: http://www.examiner.com/article/u-s-ally-cuts-off-communications-with-obama-and-seeks-new-trade-outside-dollar The analysis and discussion provided by MoneyBags73 is for your education and entertainment purposes only, it is not recommended for trading purposes. I am not an investment adviser and information obtained here should not be taken for professional investment advice. The commentary on MoneyBags73's videos reflect the opinions of MoneyBags73. Your own due diligence is recommended before buying or selling any investments, securities, or precious metals.

Comments

  1. america collapse is about to begin!!! i'm loving it!!! and i don't believe that america will just start bombing russia to erase it from the map just like that... no way...
  2. More and more countries are getting fed up with the USA, unfortunately the writing is on the wall.
  3. Audio goes dead video goes black then after a minute or so takes up again with no audio going down the mountain.
  4. yeah turkey is a NATO member, and has our missile defense systems in there, pointed at Russia and Iran, so this is very strange if true 
  5. bush and obama , finished off this country,
  6. China exports the inflationary expansion of its money supply, and the Chinese use this virtual yuan to buy up real assets in the real economies of America, Europe and Africa. In the rich world, the idea is that this is alright, because it drives up general price levels, and therefore leaves the impression that economies are doing well. But in the meantime, your world, and the homes and companies around you, are being bought up with what amounts to little more than Monopoly money. Then again, that’s what your own money has become too.
  7. It would be good if we all realize one thing: there is no economic growth; the only thing that grows is the debt (aka credit). If time is money, then we are borrowing money to borrow time. But time is not money: it doesn’t grow, you can’t get more of it, and when you waste it, you can’t get more of it; once spent, it’s gone.
  8. So if present policies serve one purpose after all, it’s to increase inequality. Still, when it comes to inequality, you ain’t seen nothing yet; just wait and see what happens when interest rates start to rise and all the debt must be serviced. The too big to fail banks won’t be called upon to do that, it would make them fail; instead, you and yours will have the honor.
  9. I fear they are going to war. Look at Ukraine, it's all done by purpose to distract masses from the disastrous financial shape of the western world, especially USA. Beside this, creation of the BRICS development bank was a huge hit for the US Dollar, at least long term. Watch the Ukraine thing closeley. I heard that Putin internally is under enormous pressure to protect his people in Eastern Ukraine. If Putin enforces military action in eastern Ukraine....then the shit might hit the fan as NATO may fight back. Then we are ****cked.
  10. Ok, The world will avoid coutry with negro idiot in charge.
  11. Looks like you might be coming for a visit sooner than we both thought,..... Can you say...GLOBAL CURRENCY RESET!!!!!!, these sure are extraordinarily exiting times we live in mb73, keep your PMs close pal, we may need them, cheers,R
  12. we are moving closer and closer..................................tick tock tick tock


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