Moscow (AFP) - Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened."We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves," said Kremlin economic aide Sergei Glazyev.He told the RIA Novosti news agency Russia could stop using dollars for international transactions and create its own payment system using its "wonderful trade and economic relations with our partners in the East and South."Russian firms and banks would also not return loans from American financial institutions, he said."An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.
this is IMO largely more of a response to irresponsible republican saber waving from the back row, we know Pres. with his warning is not trying to juice up any antagonism but we also know that republicans are they, shut gov't down, take our credit rating for a dip, bad mouth the Pres. in the middle of negotiations, threaten war as what Pres. should be doing and sarcastically talk about he wants to talk to people take his time and not rush for the arsenal like republicans suggest.
He said that economic sanctions imposed by the European Union would be a "catastrophe" for Europe, saying that Russia could halt gas supplies "which would be beneficial for the Americans" and give the Russian economy a useful "impulse".Glazyev has long been seen as among the most hawkish of the advisors to President Vladimir Putin but many observers have seen his hand in the apparent radicalisation of policy on Ukraine since the overthrow of president Viktor Yanukovych.Economists have long mocked his apocalyptic and confrontational vision of global economics but also expressed concern that he appears to have grown in authority in recent months.
all countries seem to have a right wing influence that is more war mongering than it's people want. the republicans just a couple of weeks ago or last week were talking about how Pres. is a despot, a king, a dictator, he's lawless, this week he's a girly man who talks on the phone in jeans how inappropriate is that /sarc.
when he got Bin Laden he was chest thumping, ask republicans who is he really with the number of different answers they don't know their labels don't match the man regardless to how often they repeat them, they just don't know him.