Certain posters here claim they are in the know of economics. Could any of these pundits explain what this would mean for the American way of life ?
Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners - no longer in dollars - see Voice of Russia http://voiceofrussia.com/2014_04_04/Russia-prepares-to-attack-the-petrodollar-2335/ http://www.sott.net/article/277104-Russia-and-China-announce-decoupling-trade-from-Dollar-The-End-for-the-USA-is-nigh%E2%80%8F http://www.sott.net/article/277104-Russia-and-China-announce-decoupling-trade-from-Dollar-The-End-for-the-USA-is-nigh%E2%80%8F
