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Thoughts - Fun news out of Russia
Mar 20, 2022 04:10:51 #
News of de-dollarization
Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan intend to abandon the peg to the US dollar in the distribution of customs duties within the framework of the Eurasian Economic Union. This was stated by the head of the Ministry of Economic Development Maxim Reshetnikov
India and Russia are working to abandon the US dollar in calculations. This was stated by the Ambassador of the Russian Federation to New Delhi Denis Alipov. At the same time, India is interested in increasing the tourist flow from Russia, occupying a niche of Western pharmaceutical companies leaving Russia and developing military-technical cooperation (deliveries of S-400 systems to India are on schedule, and in the near future it is planned to start production of Kalashnikov assault rifles in India)
China and Russia are working to eliminate the use of the US dollar infrastructure-SWIFT and to create direct communications within the framework of national financial messaging systems. This was stated by Chairman of the State Duma Committee on Financial Market Anatoly Aksakov. At the same time, as reported by the Wall Street Journal, China is actively negotiating with Saudi Arabia to abandon the US dollar in oil payments
Earlier, the report on the necessity and approaches to de-dollarization of the world economy was made by A. Galushka within the framework of a special session organized by the Public Chamber of Russia at the Eastern Economic Forum
Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan intend to abandon the peg to the US dollar in the distribution of customs duties within the framework of the Eurasian Economic Union. This was stated by the head of the Ministry of Economic Development Maxim Reshetnikov
India and Russia are working to abandon the US dollar in calculations. This was stated by the Ambassador of the Russian Federation to New Delhi Denis Alipov. At the same time, India is interested in increasing the tourist flow from Russia, occupying a niche of Western pharmaceutical companies leaving Russia and developing military-technical cooperation (deliveries of S-400 systems to India are on schedule, and in the near future it is planned to start production of Kalashnikov assault rifles in India)
China and Russia are working to eliminate the use of the US dollar infrastructure-SWIFT and to create direct communications within the framework of national financial messaging systems. This was stated by Chairman of the State Duma Committee on Financial Market Anatoly Aksakov. At the same time, as reported by the Wall Street Journal, China is actively negotiating with Saudi Arabia to abandon the US dollar in oil payments
Earlier, the report on the necessity and approaches to de-dollarization of the world economy was made by A. Galushka within the framework of a special session organized by the Public Chamber of Russia at the Eastern Economic Forum
Mar 21, 2022 00:11:15 #
Canuckus Deploracus wrote:
News of de-dollarization br br Russia, Kazakhstan... (show quote)
Silver
Bullets
Food
Gas
People
All at risk of becoming tools in the barter system we’re heading to.
Mar 21, 2022 03:29:56 #
Marty 2020 wrote:
Silver
Bullets
Food
Gas
People
All at risk of becoming tools in the barter system we’re heading to.
Bullets
Food
Gas
People
All at risk of becoming tools in the barter system we’re heading to.
Don't forget spices and alcohol...
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Mar 21, 2022 07:36:18 #
billy a
Loc: South Florida
Canuckus Deploracus wrote:
News of de-dollarization br br Russia, Kazakhstan... (show quote)
I have no reason to think cashiers in retail and restaurants are any different then those in the U.S.
The confusion caused by this switch will be EPIC, sparking temper-tantrums and worse by customers, and demonstrations/strikes by un-educated change-makers.
Yeah, this will be a hoot... fjb
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