Monday, March 7, 2022

 it seems that the main issue/result of the ukraine game will be the fall of the petro dollar which will mean the collapse of the empire. painful it will be but way past its due date for sure;


If Russia, China and India (along with other smaller countries) bypass the Biden led sanctions against Russia, our status as the world’s reserve currency is over. And just like that, our dollar is worthless and our debts will be called in.

Do you understand what that means?

After facing secondary sanctions over a weapons pact with Russia, India and Russia decided to arrange payments through the rupee-ruble exchange in 2014. Faced with a similar situation in the present, it is going to be interesting to see how India and Russia plan to bypass the dollar.

According to media sources, India is looking for effective means to get over the recent sanctions placed on Russia over the Ukraine crisis in order to preserve commerce with Moscow.

Trying to make settlements through foreign financial organizations that do not conduct business in nations that have backed the retaliatory sanctions against Russia, reconfiguring payments through minor Russian lending institutions undamaged by the SWIFT restriction, and bolstering its rupee-ruble agreement in place were amongst the alternatives reportedly being deemed..........read more.........

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