More nations drop the dollar: The stronghold of America power….of American empire is falling to pieces.

Greetings,

rutiDeath by a thousand cuts. The stronghold of America power….of American empire is falling to pieces. The prestige of the so-called indispensable nation is crumbling before our eyes.

ruti2The standing of the dollar is in doubt. Further more we can’t even classify today’s position of the US dollar as standing. It is actually sitting. The nations of the earth are dispensing of it throwing it to the wind and the mud of civilization.

It no longer stands unrivaled. It is being discarded by more and more nations who are seeking freedom from the empire. It just will not be able to hold on any longer.

Russia, Thailand discuss switch to national currencies in trade

ruti3

/TASS/. Russia and Thailand consider a possibility to switch to national currencies in mutual trade, Russian Minister for Industry and Trade Denis Manturov said during an official visit to Thailand on Friday.

“We discussed a possibility to switch to national currencies, using baht and roubles in our trade relations, which will give additional advantages to our companies,” the minister said.

“For this, the Russian and Thai banks should establish correspondent relations to take advantage of this opportunity,” Manturov added.

Trade between Russia and Thailand grew 14% in January-October 2014, to 3.3 billion dollars, Manturov said as he met with Thai Minister of Industry Chakkramon Phasukwanit.

“Supplies of engineering products from Thailand to Russia play a major role in the trade balance,” he said. “We invite producers of car components from Thailand to deploy their productions in our industrial parks,” the minister added.

He also urged Thai partners to more actively develop cooperation in the pharmaceutical sector, saying Russia was also interested in having joint ventures in Thailand.

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