Russian President Vladimir Putin and German Chancellor Olaf Scholz will hold further discussions on the purchase of Russian energy products in rubles according to TASS (Russian News) and western media. However, in the interim Russia will continue accepting payment in euros which will be exchanged for rubles by Gazprom bank.
(left) German Chancellor Olaf Scholz – (right) Russian President Vladimir Putin
The situation is ongoing, as an outcome of the G7 energy minister’s prior emergency meeting on Monday, where they demanded Russia continue accepting both euros and dollars for the payment of Russian gas and oil purchases. The current short-term resolution to continue accepting euros and dollars may not last long, as Russia is continuing to emphasize their demand that purchasing nations switch to rubles for future contracts.
Despite NATO, the G7 nations and western alliance agreeing to use economic and financial sanctions to block Russia from receiving dollars and euros. Inside the alliance, there appears to be a fear that if Russia is successful in creating a financial trade system based on rubles, the G7 may lose influence on energy policy via climate change.
Inside the western alliance, the geopolitical control mechanisms that use energy sector development are under stress. If global oil and gas is not exchanged in euros (European centric) or petrodollars (globally), the ability of the multinational agents to pressure climate change demands will be weakened.
The economic globalists need the oil/gas producing nations to stay linked to euros and dollars. The economic nationalists, who essentially generate most of the oil and gas that is used by the rest of the world, would be more favorable to a different form of currency for payment.
Thus, inside the western alliance that triggered the sanctions, there is a problem. That problem becomes a pressure point for Russia to exploit, which is exactly what Vladimir Putin is doing by asking for payment in rubles.
To try and support the western alliance political effort, the ideologically allied Ukrainian President Volodymyr Zelenskyy is now pushing “green energy” development. Getting the entire world economy realigned through the tool of energy development is the objective of the World Economic Forum (WEF) and climate change globalists within the sphere of international finance. The sticky issue remains with Europe dependent on Russia selling energy.
♦ WESTERN OUTLOOK – The Kremlin separately said in a statement on Wednesday that switching to ruble payments shouldn’t deteriorate contract terms for European importers of Russian gas.
Putin told Scholz that after European buyers make payments in euros to lender Gazprombank, it would convert the currency to rubles, German government spokesman Steffen Hebestreit said in a statement describing the call. (link)
♦ RUSSIAN OUTLOOK – Russia agrees to accept payments for gas from European partners in euros through Gazprombank, which will convert them into rubles. This statement was made on Wednesday by the representative of the German government Steffen Hebestreit following the results of telephone conversations between Russian President Vladimir Putin and German Chancellor Olaf Scholz.
[…] As previously reported by the press service of the Kremlin, Russian President Vladimir Putin and German Chancellor Olaf Scholz agreed that the transition to payment for Russian gas in rubles will be further discussed by experts of the two countries. It was noted that the decision should not lead to a deterioration in contractual conditions for European companies importing Russian gas. (link)
This stuff is extremely interesting, because the outcome of this trade exchange could seriously alter the course of history. Up to this point, the ‘globalists’ were overwhelmingly winning the geopolitical economic battles. However, there is a very real possibility the events of the last two years, in combination with the events within the Ukraine/Russia conflict, could end with a rise of economic nationalism.
When Canadian Prime Minster Justin Trudeau used a national emergency declaration to seize the bank accounts and financial assets of his political opposition, he triggered an awakening in citizens as they realized how the Canadian government could be weaponized against them. Regardless of what the future holds, that factual reference point will always exist.
When the western alliance triggered their economic and financial sanctions against Russia, again an example of seizing the banking and financial assets of their political opposition – albeit on a geopolitical scale, they too triggered a new awakening about the risks and vulnerabilities of being connected to a one-world-order system. That awakening is what is taking place right now.
In the Canadian example, people immediately started looking for ways to remain sovereign as a citizen and solvent as a person. In the NATO example, nations are now contemplating how to remain nationalist as a country, and solvent as an economy. Both intents and objectives hold similarities.
For the first time in decades, the globalists appear to be shaken and unsteady. The underlying premise of their assembly is in the spotlight, and that premise is not as appealing as it was. Simultaneously, for the first time in decades, the benefits of economic nationalism are being reevaluated and reassessed, and there is an increased appeal in the self-sufficiency of sovereignty. WATCH:
We live in very interesting times.
Carry on…
There is a big table between them.
There is a big table between them.
And we don’t have a sit at it. We’re in the kitchen waiting for the scraps…….
SEAT not sit…….damn arthritis
Within a certain amount of time (~10 mins or so) you can edit your posts.
If you hover your cursor near your posted message you will see a ‘gear’ icon to the lower right corner of your post. Click on the icon then an ‘Edit’ box shows up just below it. Click on the ‘Edit’ box and then move your cursor back to the left and click somewhere in the post your just made to begin editing.
After you are done editing click the ‘Save’ button below the text box.
Viola!!
But you forgot to edit Viola 😉
Voila !
A lot of people say “Viola!” as a joke.
The “ayes” have it!
consider stem cell injections from a qualified surgeon. changed my life.
Did they use your stem cells? And if so, how old are you?
We’ll be fortunate to get even scraps.
Hopefully Putin realizes these clowns are really serious about stopping hydrocarbon usage planet-wide, which would completely devastate his country, and the rest of us besides.
The Klaus Schwab effort seems to be to make a common market out of the yellow countries on the map.
To stop the bleeding, the effort seems to deal with energy self-sufficiency. The other bleed on society would be entitlements to the elderly and dealing with the longevity issue. The vax may have been an attempt to cut longevity.
Under the closed system, money would be based on an allocation system and not debt backed. The idea that you will own nothing and be happy points to a tech society.
Outside of the yellow countries, China will become the new USA.
I still believe that the globalists will not be able to share with each other well. That we are seeing the beginning of that fight. Unfortunately we are in the middle right now.
But..with our Creator God in control….
Keep praying, Treepers!
^^^^^^^
Satan came to destroy and steal. God’s powerful and everlasting love is not found among these globalists and their minions. Those who trust in our Lord may be persecuted and even killed in this life, but will move into eternal life. The evildoers will know eternal death.
It’s like the mafia x1000.
They are all in the commission but they fight amongst each other for who gets a slice of which cake.
There is a problem of physics there.
At least the Russians will be warm, have food and water.
I think that knock on effect as the Genie leaves the bottle is one the G7 will come to regret……..
Its for oil and gas this week……in a month it will be aluminum and precious metals…… they have shot themselves in the foot big time…..
All pressure points will be found……and exploited.
They did this to themselves, and everyone else.
Of course, somehow it’ll be anyone’s fault but theirs.
Trump would have had this won already…..
Because it would never have started in the FIRST place.
Yes……. President Trump is a hole in oner!
HOLE IN ONE!!! (rumble.com)
higher up.
Remember their arrogance to PDJT? This is bittersweet.
I can’t wait to pay for fertilizer in rubles at my local co-op.
Scholz is a communist, there is no dispute. They’re playing at it.
Petroruble.
“Petroruble, petrodollar, all made by Central Banks!” 😞
*smashes money presses*
I can dream…
Big table so Putin can’t strangle this Godless, arrogant degenerate…
Putin used the same table when he met with Macron. Putin said it was because macron was vaccinated and that he was shedding spike proteins and didn’t want to be near him lol
Its likely a subtle intimidation tactic, or so I have been told.
Heh, poisoning is Putins thing.
well, there’s agent orange and all that asbestos that blew threw lower manhattan on 9-11.
Too funny… !
Yes, protections are definitely in place. Like a chess player’s refusal to concede, they have already lost but are insisting on playing it out in the hope that their opponent will make a mistake.
Every possible combination of moves has been accounted for. There will be no surprises,and there will be no mistakes, the nwo is toast.
Sundance, here’s a good summary of how Mother Russia just broke the Fed
https://tomluongo.me/2022/03/28/got-gold-rubles-russia-just-broke-the-back-of-the-west/
Thanks for the link.
Troy Ounce = 31.1 grams * 5000 R = 155,500R per gram
2,482.49 Australian Dollar equals = 155,500.00 Russian Ruble
2,568.67/oz GOLD Spot Price Aud $
1,926.92/oz GOLD Spot Price USD $
1.0 United States Dollar equals = 83.49 Russian Ruble
1,862.48 United States Dollar equals = 155,500.00 Russian Ruble
-USD$60 less than today’s spot price
FYI (Aussie date format DD/MM/YYYY)
09/03/2022
1.0 Australian Dollar equals 101.50 Russian Ruble
1.0 United States Dollar equals 138.75 Russian Ruble
1.0 Euro equals 153.63 Russian Ruble
20/03/2022
1.0 Australian Dollar equals 97.89 Russian Ruble
1.0 United States Dollar equals 132.11 Russian Ruble
1.0 Euro equals 145.87 Russian Ruble
7:39 AM 30/03/2022
1.0 Australian Dollar equals 65.72 Russian Ruble Now 64.75% Down 35.25%
1.0 United States Dollar equals 87.25 Russian Ruble Now 62.88% Down 37.12
1.0 Euro equals 97.44 Russian Ruble Now 63.43% Down 36.57
10:11 AM 31/03/2022
1.0 Australian Dollar equals 0.75 United States Dollar
1.0 Australian Dollar equals 62.69 Russian Ruble
1.0 United States Dollar equals 83.50 Russian Ruble
1.0 Euro equals 93.17 Russian Ruble
Look how the Euro has already tumbled as has the USD!
This is just getting back to the level of pre-Ukraine invasion so it’s not really indicating what one might want to think. That being said, Putin just signed decree that Russia will demand payment in Rubles (which is a fun word actually, like rubies but more hipster) which should strengthen the ruble considerably IMO (but since this is a rigged game there will be considerable resistance).
https://www.zerohedge.com/commodities/putin-signs-decree-ordering-gas-exports-be-halted-if-buyers-dont-pay-rubles
The next step is the gold-backed ruble. Down goes the euro!
and the dollar
So, going as the globalists plan for us?
Yep.
And the RMB
The sanctions against Russia are mostly backfiring on the good old USA. We lose the petro dollar and ultimately suffer the consequences of currency devaluation and we get higher oil costs. Meanwhile our so called NATO allies continue purchasing Russian oil and natural gas. We also bare the brunt of the costs of NATO with our troop presence and giving billions in aid to the Ukraine which to say the least is a provocation of war with Russia. Interesting times indeed especially with all the war mongers and neocons beating drums of war.
I believe the sanctions are meant to backfire.
Only an idiot would believe otherwise.
Oh, wait.
Exactly. This Ukraine situation was egged on by the US prodding Russia until they moved in. The people behind the Biden administration wanted this. To enact rules that will never get past the voters, you need an emergency. Kind of like when you borrow more than you can ever pay back, you burn the house down for the insurance money. And it’s getting warmer in the west quickly
I don’t think that anyone – let alone the US – “prodded” Russia. She has a legitimate state security interest to protect, and she has spent years in patient but fruitless negotiation with dishonorable diplomats from around the world. Finally, she conceived a very targeted military operation to resolve the problem, and has been executing it as planned. There really was no other way to get this done. She had patiently tried the other alternatives.
Remember: those are Real Nazis.
“The sanctions were never intended to make Putin change his behavior, I never said they would!
But it will make the World feel better about itself, for standing up to a tyrant; its about “who we ARE”,…”
Or, something,..
No country, South of our porous Southern border, is going along with the sanctions, not ONE.
Yes, at this time they are backfiring on us. However, if you watched the video Sundance posted yesterday from Colonel Douglas Macgregor from about the 27-28:15 minute place the Colonel addresses Putins’ moves may well have brought down the NWO at least for now.
Good Lordy, why do the globalists look like Bond villains ?
Because the Bond film makers have a good eye for what villains look like?
Same DNA.
Dr Hell No.
Putin may not be the nicest guy, but he sure is taking care of business for his country folk. I remember a MAN that we had in charge here not too long ago that did the same for his folk. We need him back badly!
I stand with Trump because his pissed off Both parties and kept his promises to the American People!
He is no longer in the WH because of just that.
Yep. Lower middle class neighborhood inhabitant here. Never seen the neighborhood doing better.
I hope Putin determines that payment for Russian oil and gas MUST be in rubles. Eff the globalists.
Wouldn’t it be something….
~might, could, is it –even possible that Putin could help drain the $wamp? 🤔
This might be a “pipe dream” but I surely hope Putin realizes that it is not the American people themselves who is working against him. Well, except for some of the idiotic ones. We are being led by an insane man and his incompetent administration. Probably silly, but I think I feel President Trump’s involvement.
Dixie, Yes, I believe President Trump is fully involved. I always said since President Trump got rolled that President Trump and President Putin were both talking to one another to plan how to get rid of the Eurotrash and Obamatrash and have the citizens of the world get back to doing their own thing in their own wonderful nations. And especially NO Climate Change and NO Covid!
He is in a position to vaporize it, if not drain it.
Being on the West Coast, either works for me.
/s
Be better if Putin could figure out how to damn up the Potomac and drown the Swamp.
My question is: What does the US uniparty do if/when they realize BRICS beat them? The same goes for major establishment factions as well. I can’t see them reacting kindly.
I kinda think it’s to late.
The “Invisible Hand” cannot be erased. Adam Smith simply brought forth publicly a singular human virtue that drives life on earth
I’ve been feeling somewhat optimistic lately. This latest “we need a good war” ruse is not going the globalists way, the pandemic continues to fade from memory and small businesses making a comeback, the midterm elections are looking hopeful, Trump appears ready and able to take 2024. Dunno, but I like the more positive vibes.
You can, in part, thank the nationalist V. Putin for your optimism.
“For the first time in decades, the globalists appear to be shaken and unsteady.”
Thank you, Sundance, that is very encouraging!
Four years of a Trump administration provided the contrast for the whole world to see. What a difference between Obama’s managing the decline and economic nationalism. It did wake up the Millennials and Gen Z, and they saw that life could be better, a lot better.
By backing the ruble with gold, Putin is dropping a wrench into their hyperinflation engine. Also, without going to digital currency, they can’t steal everything, which is their plan.
No matter where you come down on Putin and the war – He has made smart moves to shore up overwhelming risk to his economy .
It would be lovely if the president of the United States did the same!
Our currency is going to be worth nothing if we lose the reserve currency of the world as the dollar.
This is an informative read – https://rightwirereport.com/2022/03/30/chart-of-the-day-which-burning-currency-will-win-technical-analysis/
If we HAD a president making smart moves for our nations economy.
We had one.
The so-called one we have now and his puppeteers have the goal of destroying our economy and society.
I can’t help but think that our VSG President Trump is still MAGAing the art of the deal around the globe 🙂
He hindered DeepState in his dealings
Cut deeply in its influence and racketeering.
It has to make up for four years.
/s
It really is “a very simple thing that all of us have been paying for, for a very, very long time.” The magical economic status of “the so-called ‘elites'” has always come at a price.
In fact, a very dear price!
(The US Government “waves its magic wand and literally ‘conjures up’ X-trillion dollars!” Woo hoo! Now where did that white rabbit come from?! C’mon … did you seriously think that there wasn’t a price to be paid for “such magical nonsense?! Or that y-ou-, in the end, wouldn’t be the schlep who was actually stuck with paying it?”) 🙈
Every “energy trade,” and probably also every “international trade,” is: a futures trade. It is a contract the purpose of which is to negotiate the price today of a transaction that is scheduled to take place tomorrow. Obviously, all such trades are therefore directly tied to the currency(ies) in which they are negotiated. Any inflation, or direct currency manipulation, which occurs between the time that the gavel falls and the time that the promised goods are actually delivered, corresponds to an actual and possibly devastating cost.
Therefore, these costs must be “hedged.” Effectively, an insurance policy. The premiums for this implicit insurance policy must necessarily be factored in to every contract. Consequently, they represent a very substantial(!!) hidden cost.
Yes, you pay it in every gallon that you pump, in every thing that you buy, in every postage stamp, in every airline ticket, and in every box that winds up on your front doorstep from Amazon®.
Right now, the USA, and to a lesser extent the EU, “are sitting very pretty … but for no economically justifiable reason.” Each of them have maneuvered themselves into the position of [only] accepting payments in a currency that they control. This puts each and every international trader … upon which their economies now utterly depend (and for this very reason(!)) … into an extreme disadvantage caused by the necessary “final-currency conversion.”
Guess what, Buckwheat?! Game Over! As it should have been fifty years ago.
“Yes, you say that you’ve had it good, all these years.” And, on the surface, you have. But the truth of the matter is that all of us have paid very, very dearly for your excesses. (Have you lately bothered to look up the market price of a so-called “Forever” postage stamp?!?! It’s not an accident that they no longer publish it.)
Therefore, the [Russian] government is entirely(!) justified(!!) in demanding that its international traders should no longer absorb this very-substantial “not-so hidden cost” of the “final currency conversion.” Neither the USA nor (lately …) the EU have ever had to absorb it. “Goody goody for them. But now, ‘game over.'”
Brexit and Trump, both created by insufferable elitist arrogance shook the globalists, as evidenced by their draconian self-correcting measures. Pandemics, stealing elections and starting and sustaining European wars are two edged swords, achieving short-term objectives but accelerating the awakening of previously docile populations. The threat of food shortages, rising costs of living and displays of government tyranny are all excellent devices for cutting through the MSM’s soporific comfort music and political double-speak.
Trudeau cancels banking access to Canadian trucker supporters and instructs GoSendMe to deny distributions of donations to the truckers.
US and EU does the same to Russia. Seizes all bank accounts, prohibits access to those accounts and deny Russia access to the funding within them.
Cancel culture.
Stakeholder capitalism.
New World Order.
Curious.
“For the first time in decades, the globalists appear to be shaken and unsteady.”
I can’t help but wonder if I should be happy or worried at the prospect 😮
You should be worried. These “so-called elites” have been taking advantage of you – and of your government, no matter which [Western …] government it may be – for more than fifty make that eighty years.
“Ike Was Right.™” Please let that sink in.
“Where did that impossibly-ugly spray painted party dress come from, and who paid for the damned thing?!” Now you know.
Increase your text size…
I guess I should say I’m worried how these evil jerks are going to respond. Power tripping control freaks tend to not act in mature ways.
Toy currency the ruble.
Because it is toy currency goes to highlight just how precarious the valuation of the western nation’s currencies are in when the ruble is giving these elites a run for their money!
The faces of Hydra, time to end this evil.
And now you know why Putin just kept on with his plan. He knows the EU and he knows FJB is a buffoon. He plays the west like a fiddle while we “stand with Ukraine”. Now watch Putin turn the screws on the EU when he consolidates his gains at the end of hostilities.
“… the ability of the multinational agents to pressure climate change demands will be weakened.”
It is extremely ironic that again, on another “social” issue, Mr. Putin is accidentally doing something that helps the average American. Carbon Dioxide is plant food, it is not a problem. So-called “climate change” is a fake issue by which the western billionaires get more billions in carbon credit trading.
The other “social” issue he helped on (almost) was when he out-lawed gay propaganda within his country. He helped children and families in Russia greatly by that one action.
My fondest dream is that these globalists are brought to heel. Incredibly, it’s the hated Vladimir Putin whose doing the job! No matter how this turns out the globalist controlled digital financial system will take a hit. There is NO way the sovereign debt, which is completely out of control, can be managed. IF and when it collapses there will be severe worldwide financial pain. Astute people saw what Trudeau did in Canada and it got their attention. I know it got mine.
Meanwhile, non thinking American dullards continue to line up for boosters #4&5 ! It’s truly reminiscent Rev. Jim Jones and his 900 KoolAid drinkers.
Check out Sundance’s post of the latest interview with Col. Doug Macgregor. Take note of his summation of the current financial sitiutation. This man is more factual than ANY politician or talking head on TV.
“Sovereign debt … completely out of control?” Not so fast. These are, in fact, nothing more than “floating-point numbers in a planet-accessible shared database.” There is nothing real to any of it. It has never, in fact, been anything other than a convenient fiction. “Somebody waved his finger and said that it was Gold, and the other idiots all agreed.” Perhaps now all of them will now agree that they have been idiots all this time, and the whole damned thing will disappear with “one SQL query.”
Spare me. This is very real. A 30 trillion dollar debt and unfunded trillions in liability are for real. This is exactly why the Globalists are scrambling with their lies and constant fear mongering. Please look the other way… This is a catastrophe looking for a place to happen. Inflation is real. Food shortages are real. No slight of hand digital manipulation is going to fix it. They know it and that’s why Vladimir Putin is such a problem for them. The petro dollar is at risk here. Worldwide disruptions are at stake…
When a government can “borrow from itself” without limit, then it is no longer a debt. You are now simply inventing currency-units of your own money … out of nothing at all. Since “debits must equal credits” in accounting, you necessarily call it “borrowing” and “debt” to create a balancing accounting-entry, but the functional truth of the matter is that so-many trillion(!) more currency units just appeared out of nowhere. These units are supposed to be “valuable,” but if you can conjure them anytime you like, they are of no value to you.
The notion that certain trades – particularly energy trades – must use this-or-that currency unit is an obsolete idea that costs us all very dearly every time we fill up our car. You don’t see the cost, but it is there and it is big.
The high and mighty gather at Davos and the entire place is nuked. That’s a reset I would like. It’s the only way to be sure. —
So, Joe saw what Justin did, and said “Oh, yrah? Hold my beer!”
Gotta be Rootin for Putin, in this battle.
The Globalists are getting smacked in the face, good and hard with reality.
And this is NOT the first or only time. Their “plans” of World Domination are FANTASIES, concocted by individuals totally disconnected from reality.
And they are BLIND to their own ignorance, and have no capacity to adapt.
PDJT took them by surprise, and they expended enormous energy, and credibility trying to counter him.
The CanadianTruckers convoy, likewise.
And now Putin, who did NOT react as they anticipated he would.
That they would not succeed has been a foregone conclusion.
That they would fail so spectacularly, Uniting the rest of the World in opposition, is fascinating to watch.
Down with WEF and WTO, I’m rootin for Putin!
Аминь!
Exactly why the real President Trump’s, America First movement was so hated by the globalists. And it might be as Sundance stated, that Patriots and indeed, nations are seeing that it’s time to tell the globalists, to go to hell. Cut the control chains. The davos crowd need to see, they are no longer relevant, they control nothing.
Oh, now I get it! Almost like the Nazi Kissinger/South Vietnam debacle that killed and maimed tens of thousands of us for the benefit of some Catholics, Industrialists, CIA, Air America and the Military Industrial complex. Ruined lives, bankrupted the country and bled for 10 years to do it. They did get rid of JFK though and that must have been important.
Now we have the Nazis Soros & Schwab, with their toady Obama wanting to “fight climate change” and control the whole world. Like Vietnam, we’ve already gotten our ass beat in Iraq, Syria, Libya, Yemen, Afghanistan and now coming up on Ukraine. They all want American males in the fight because without our deaths and mangled bodies, peace is just not the same; it costs too much for them to enjoy it.
But all of a sudden, the public is coming to the realization that going “Green” means no fertilizer, no crops, no air conditioning, no gasoline, no plastic, etc. Then, arch-enemy Putin is empowered from their hubris and throws down the Check-Mate to their plans by pulling the rug from beneath the Petro-Dollar. Shall I laugh or cry?
We are in store for great and unrelenting white-hot enduring pain! Either way it is directly from the evil of mankind’s so-called “intellectually elite” who believe they are destined to “lead the World”! They will lead us into a bloody, sustained nuclear world war -or- lead us into a crushing, and hellish state of slavery called Communism.
They did get rid of Trump though and that must have been important. Not to me!
It is NOT 1984 , OR Brave New World ….. it is both , at the same time.
It is NOT ” Substitutes For War = Report From Iron Mountain ” OR ” Silent Weapons For Quiet Wars ” = Applied economic shock theory to modify human behavior …… It Is BOTH , at the same time.
Read those 2 think tank papers.
A UFO invasion was considered as way to present an ‘external threat ‘ to humanity ,as an excuse to impose control and ” GLOBALIZE ” everyone …. but the GLO-BULL warming / climate change model won the day.
” In searching for a new enemy to unite us , we came up with the idea that pollution , the threat of global warming , water shortages famine and the like would fit the bill .”
THE FIRST GLOBAL REVOLUTION – Club of Rome , 1991 by Bertrand Schneider and Alexander King
( The famine and shortages will be real …… but , they will have been CREATED on purpose ! )
Nigel called it in 2014
So when the U.S. dollar is dropped as the world reserve currency and it’s purchasing power immediately declines by as much as one third for every American, and likewise the value of their savings declines by one third — the __it will hit the fan. And the Dem and GOP establishments that foolishly allowed this to happen with their dumb policies will be running from the mob with their pitchforks.
Nope. The very poor will be attacking the middle class ( slightly less poor )
Divide and conquer.
Dems and GOP shitbirds will then offer safety in exchange for less Freedoms.
( Get out of cities )
The US Dollar will not “become worthless.” Perhaps America will finally wake up to the fact that there is one place on earth where the US Dollar is still worth one dollar and always will be. This nation used to produce for itself nearly everything that it needed, exporting the rest. It could do so again.
The change that is inevitably going to happen is that the US$ will cease to be a mandatory currency in international trades. The Saudis should never have agreed to it when Kissinger proposed it. Traders should be free to negotiate their trades however they like, to use whatever exchange system and bourse(s) they consider to be cheapest and safest. And, it always should have been this way: it has been very costly that right now it is not.
“If global oil and gas is not exchanged in euros (European centric) or petrodollars (globally), the ability of the multinational agents to pressure climate change demands will be weakened.”
waah, waah.
meet the rest of the twenty first century, losers.
Standard & Poors has removed Russian bonds from its indices.
Visa and Mastercard have voluntarily abandoned their Russian customers.
Pepsi (whose sales in Russia are the third largest for the brand) has voluntarily ceased operations in Russia, to virtue signal its support for Ukraine and globalism.
McDonalds — closing its Russian restaurants.
And there are more. Apple, too — closing.
They think they are pressuring Russia.
They think that Putin will be removed because the people must have their big macs.
Is that what they are thinking?
Are they thinking?
Economic warfare can work against a small and weak country — but against Russia?
Russia is in an energy POWER, with nuclear weapons, and high technology. It regularly visits space.
Well, the real world is a real thing, and I feel more hope today than in years.
Could it be that Biden and the World Economic Forum will MAGA by being incompetent?
These globalist Titans of the Fourth Industrial Revolution have too much ego, and not enough sensitivity to the Real.
I have hope.
Meanwhile, I’m buying local — and cutting Disney and the rest of them.
This development on payment terms for Russian oil and gas in Rubles I think is the most important development in the whole Ukraine manufactured crisis. I think we are witnessing economic capitulation of the Atlanticists.
What’s wrong with a country demanding to receive final-settlement in its own currency? We don’t seem to have a problem requiring our currency – the US$ – when dealing with us! “What’s good for the goose …”
It is perfectly appropriate for a nation to protect its own citizens and traders from the risks and costs of currency conversion – to instead push those costs and risks back to the traders “off shore.”
“The sticky issue remains with Europe dependent on Russia selling energy.”
Maybe Europe should just buy an electric car if they don’t like having to pay for energy in rubles.
first jewish president (and lieberman had such high hopes).
The “Globalists” ARE NOT shaken.
Both the Green Team (G7+WEF) and the Carbon Team (BRICS+OPEC) are Globalists.
Both Teams report to Board of directors DAVOS and ALL 3 entities the UN as their executive agency.
The Green Team is the one shaken.
Did Putin just instruct Germany to buy rubles at the Russian bank?
You will have nothing and you will like it “the New World Order”
With all due respect Sundance you are being way too simplistic with “ability of the multinational agents to pressure climate change demands will be weakened.”
The loss of the petro US dollar eliminates the ability of the fed to print with no problems. It eliminates the ability of the US to impose its will via cash around the globe. It, frankly, makes the multi-nationals poorer. Compound that with the Biden restrictions on anything Russian and this, right now, is tptb worst nightmare.
Climate change is a money play. Hard to play with money when your money is worthless.
Yes, it will cripple the US govt budget. Interest rates will rise, services will fall, and electoral carnage will ensue.
And we may win back our liberty. I advocate the destruction of the petrodollar for this reason. It’s the only way to restore us to Washington’s farewell address. We are entangled in an unhealthy way today, and it’s destroying our country, and enslaving us. It enables our enemies, foreign and domestic.
We need a gamechanger. This is it.
We all right now pay a very dear price for the US$’s inflation and deliberate currency manipulation. These costs are factored into literally everything that we buy, and they are substantial costs. Traders should be free to negotiate and to settle their trades any way they wish, in order to minimize these costs and risks. (Real-time cost optimization software will very quickly be developed … with several competing options for handling trades, all fighting for your business.)
🔥🔥𝐓𝐡𝐢𝐬 𝐖𝐚𝐫 𝐈𝐧 𝐔𝐤𝐫𝐚𝐢𝐧𝐞 𝐈𝐬 𝐀𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐀𝐛𝐨𝐮𝐭 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 (𝟖 𝐦𝐢𝐧𝐮𝐭𝐞𝐬)
This is not just about Russia protecting itself from NATO by invading Ukraine for eastern territories. That is the geographical defense.
Russia is also protecting its financial system and using the Wests sanctions as the catalyst by Requiring trading away from the petrodollar. In protecting its own currency Russia is weakening US and global financial systems. It’s why we are now seeing all the talk about digital currencies. And trade agreements like BRICS.
Only Russia could attack the currency issue because of its nuclear ability.
Their financial systems cannot get stronger unless the Wests get weaker.
Re: the video embedded in this story labeled Klaus Schwab.
Isn’t posting a video of a talking penis pornography?
I can not not stand that stupid EU flag. The guy goes on a bilateral visit and he’s waving two flags. How many nations are you representing, sir? They really don’t like the concept of a nation-state do they? The only time they want their citizens to be patriotic is when they are representing their nation at a soccer game or some other sports-ball event.
https://www.zerohedge.com/commodities/putin-signs-decree-ordering-gas-exports-be-halted-if-buyers-dont-pay-rubles
Alexander Mercouris (of The Duran) explains that this is at odds from the reports yesterday that Russia would continue to accept payment in euros (coming from German minister who has made inaccurate announcement before – notably that Germany had obtained a commitment for LNG from Qatar – later refuted by Qatar).
Russia is demanding that all payments be made in rubles only, and that if accounts are not set up to make payments in rubles by tomorrow (Apr 1) then Russia will shut off the gas.