Sec. Kerry: Dollar to “Cease to Be the Reserve Currency of the World” If Iran Deal Fails

Since the beginning of the Assyrian Nuclear Deal NEC-SE has stated that it had more to do with our nations economic standings than with the reality that Iran may get the nuclear bomb.

The stark reality for the United States is that all nations and even regions are respected based on their economic standings in the world which in turn is tied to their ability to understand that they must not spend beyond what their budget allows them.  Unfortunately, if you achieve economic success in the world others will ensure that you spend yourself back down to their level regardless how many years it takes them to force you into that corner and or what methods and or agreements they use to place you in that unatainable positions.

The article states:  “Secretary of State John Kerry claimed that if Congress rejects the agreement, the U.S. dollar will lose its current status as the world’s reserve currency.”

“Can you imagine trying to sanction [our allies] after persuading them that we’ve put in place sanctions to bring Iran to the negotiating table, and when they have not only come to the table but made a deal, we turn around and nix the deal and then tell them ‘you’re going to have to obey our rules on the sanctions anyway.’ That is a recipe, very quickly, my friends, businesspeople here, for the American dollar to cease to be the reserve currency of the world, which is already bubbling out there,” added Kerry.




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