15 08 2015


“If we turn around and nix the deal and then tell them, ‘You’re going to have to obey our rules and sanctions anyway,’ that is a recipe, very quickly…for the American dollar to cease to be the reserve currency of the world.”

So said Secretary of State Kerry at a Reuters Newsmaker event a few days ago.

First, it’s another sign of the growing desperation Obama and Kerry have about their Iran gambit and their legacy.

Second, once the U.S. acknowledges that the world has good alternatives to the U.S. dollar as the major reserve currency, it’s only a matter of time and it is coming.

Third, with the Russians and Chinese quite eager to bring about a decline in worldwide U.S. imperial hegemony, and to force a real multi-polar world upon the Americans, you can bet they, and many lesser others in tandem with them, are going to do all they can to bring about this fall of the Dollar.  And thanks to Kerry’s quite public near panic, they will now push harder in this direction regardless of what the Israeli/Jewish Lobby and U.S. Congress do about Iran.