Will Seizure Of Russian Assets Hasten US Dollar Decline?

By Ron Paul – Re-Blogged From http://www.Silver-Phoenix500.com

While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to shareholders of the former oil company Yukos in their case against the Russian government. The governments of Belgium and France moved immediately to freeze Russian state assets in their countries, naturally provoking the anger of the Russian government.

Continue reading

Advertisements