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The conclusion will be a repeat of what we have said every single time we report on the Eurasian alliance’s drift away from the petrodollar, as stated most recently two weeks ago:
We will merely say what we have said previously,
and it touches on what will be the most remarkable aspect of Obama’s
legacy, because while the hypocrite “progressive” president who even his
own people have accused of being a “brown-faced Clinton”
after selling out to Wall Street and totally wrecking US foreign policy
abroad, is already the worst president in a century of US history
according to public polls, the fitting epitaph will come when the
president’s policies put an end to dollar hegemony and end the reserve
currency status of the dollar once and for all, thereby starting the
rapid, and uncontrolled, collapse of the US empire. To wit:
In
retrospect it will be very fitting that the crowning legacy of Obama’s
disastrous reign, both domestically and certainly internationally, will
be to force the world’s key ascendent superpowers (we certainly don’t
envision broke, insolvent Europe among them) to drop the Petrodollar and
end the reserve status of the US currency.
And once China and Russia show that not only can it be
done but thanks to US prodding it has been done, expect other countries
to promptly follow the anti-SWIFT axis on their own…
http://www.zerohedge.com/news/2014-09-10/what-petrodollar-russia-china-create-swift-alternative