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Permalink Reply by Parrhesia on April 2, 2022 at 12:31pm

The US and EU tried economic warfare with sanctions and Putin responded "nyet, two can play at this game"

The EU verbally refused to pay for gas in rubles, as Putin demanded, but in fact began to quietly buy up rubles, which resulted in the strengthening of the Russian currency by 21% in just a few days. The EU is circumventing the sanctions that it itself imposed.  Sanctions like removing them from SWIFT.  Looks like the US dollar is not required to buy oil after all.  Bye, bye petrodollar.

"If Russia is disconnected from SWIFT, then we will not receive [foreign] currency, but buyers, European countries in the first place, will not receive our goods — oil, gas, metals and other important components," Nikolai Zhuravlev, vice speaker of Russia's upper house of parliament, said recently, according to state media outlet TASS.

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Permalink Reply by steve on April 2, 2022 at 1:33pm

Ol joe's playing checkers. This guy is the poster child for the old saying "What's the difference between genius and stupidity

answer- genius has limitations

Dollar backed by doodly squat --ruble backed by gobs of russian gold,now which one is gonna be here tomorrow.

 I feel like we are gonna see some serious lean times ahead buuuuuuuuut this could be a good thing,families and neighborhoods will reemerge. Needs will be handled thru ingenuity and cooperation, family gardens will return and let me tell you about FRESH FROM THE NEST EGGS,it's hard to swallow store bought  when you know what an egg is supposed to LOOK and TASTE like but mostly GETTING RID OF THEM THIEVIN JUICE BASTARDS AT THE UNfederal reserve and their theft by usuary fractural banking fraud. Anyway my best advice is get out of the crowded places and learn to do something WITH YOUR HANDS.

Steve

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