a part of the putin decision to ditch the dollar is because its overextended and doomed to collapse soon. another part is to deny the empire the ability to control russia's existence based upon 'permission' to deal with dollar trade;

Russian President Vladimir Putin started long ago to steer Russia away from the global liberal order. One way he did this is by establishing the Eurasian Economic Union (EAEU) in 2014, which aims to create a new power center to rival the U.S. and Europe. Putin already concluded then that he needed to separate the Eurasian economic zone under the chairmanship of Russia. The embodiment of this idea was the creation of the EAEU.

This was recently revealed by Russian economist Sergei Glazyev during a Moscow FM radio show. He warned also that even back then, Putin already foresaw a looming economic catastrophe for the West due to unsustainable financial practices, predicting global repercussions akin to the Great Depression. This is why, he said, Russia has been preparing to ditch the dollar and international treaties.

"The need to leave the American-centric system and create our own is dictated not only by the fact that the United States cannot and does not want to deal with Russia on equal terms, but also by the fact that the main financial instrument of the West in the form of the dollar is collapsing and very soon its owners will formalize its collapse," Glazyev said in the interview.

According to the economic expert, the U.S. financial elites delayed this collapse for many years as a massive collapse of financial markets in America should have happened back in 2008 when the well-known economic crisis broke out. The administration then printed more fiat money to "save" the economy. So when the American establishment decided to repeat the experience of the financial crisis in 2020 and 2021, once again the government stimulated its already hopeless economy with new gigantic injections of liquidity. Now, statistics show that what they did was just effective for a very short period and led the United States to a dead end........more........