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John Kerry: US Dollar At Risk Of Collapse

John Kerry has warned that the US dollar is at risk of collapsing

U.S. Secretary of State John Kerry has warned that the U.S. dollar is at risk of collapse, if Congress decide to re-apply sanctions on Iran. 

Iran has the 29th biggest economy according to the World Bank, and has the ability to cause the U.S. dollar to cease being the reserve currency of the world, should the current nuclear deal be withdrawn.

Breitbart.com reports:

The United States’ chief diplomat told Reuters at an event on Tuesday:

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.

Kerry added that the U.S. Treasury Department has been tasked with “doing a full dive on how this works and what the implications are.”

“But the notion that we can just sort of diss the deal and unilaterally walk away as Congress wants to do will have a profound negative impact on people’s sense of American leadership and reliability,” he added.

At the event, Kerry subtly threatened that even if Congress were to reject the deal, the Obama administration would not be committed to reapplying the sanctions.

Responding to whether a better deal with the Ayatollah’s murderous regime could be possible, Kerry said, “Are you kidding me?”

“The United States is going to start sanctioning our allies and their banks and their businesses because we walked away from a deal? And we’re going to force them to do what we want them to do, even though they agreed to the deal we came to?” he added.

  • Clarence Pohl

    OBAMA KNEW THIS AND SO DID YOU KERRY YOU PEOPLE ARE PLAYING SO REAL GAMES WITH ALL OUR LIVES … QAND GEE THE BIG OBAMA CAN’T WAIT TIL HE HAS GONE TO FAR WELL THIS COUNTRY HAS A BUILT IN GET THE IDIOT LYING MORAN CLAUSE NOW THAT THE NEW BAKING LAWS SHOW THERE IS NO WAY OUT HOW DO YOU THINK YOUR GOING TO MAKE IT TO YOUR FOX HOLES IF ENOUGH FOXES ARE OUT THERE TO DO WHAT THEY DO BEST BYE BYE

    • BarleySinger

      Are you aware of the substance called “lithium”? Ask your doctor.