My new @FT oped on gradual de-dollarization: A bipolar currency regime will replace the dollar’s exorbitant privilege. The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China https://t.co/gJoxUf9YjI — Nouriel Roubini (@Nouriel) February 5, 2023…
Bye Bye Petro$. Sad, but it has to happen. Other nations should not have to pay the US (skimming off revenue) for the “privilege” of using the US dollar in oil transactions. We should not get that money because we spend it like drunken sailors…
Saudi Energy Minister Prince Abdulaziz bin Salman Al-Saud. The US set these sanctions up and used their control over Europe to force them to get on board. Meanwhile, Europe is the one paying all of the immediate costs. However, if Saudi gets off the US…
#BREAKING EU wants new Russia sanctions ready Feb 24, war’s anniversary: von der Leyen pic.twitter.com/y5d25AGQbt — AFP News Agency (@AFP) February 2, 2023 These sanctions have actually helped Russia. You can say whatever you want about the shooting war, but the economic war has been…
Previously: Saudi Arabia Confirms They Will be Trading in Non-US Dollar Currencies! Total End of US Dominance! Paul Craig Roberts! He’s still alive! And he’s still right! RT : The US is facing serious economic risks as more countries around the globe move away from…
From @Breakingviews : Chancellor Olaf Scholz thinks that Germany will not tip into recession this year. But he still should rethink his country’s export-driven economic model, argues @pierrebri pic.twitter.com/B2rWb3gzYP — Reuters (@Reuters) January 25, 2023 But, but, but… how can this be? It’s in the…
Europe will be seen as a thief and as unreliable thief in major parts of the world. — Mark Jaspers (@MarxhasgotheUSD) January 27, 2023 It’s important to remember that throughout World War II, they never did this stuff to the Nazis. RT : The European…
Russia is making money off of these sanctions. They’ve boosted the Russian economy while harming their competitors. RT : The Sakhalin-2 liquefied natural gas (LNG) project is expected to generate twice as much revenue in 2023 compared to its earnings before the Ukraine-related sanctions rained…
We need to give Russia credit. They’ve won the economic war. The shooting war is whatever – it matters a lot less anyway. But they’re winning that too. RT : Exports of Urals and Kazakhstan Export Blend Crude Oil (KEBCO) brands are expected to surge…
Those sanctions really got ’em! The petrodollar is going to end and basically collapse the American empire, but at least we did our values and supported a rules-based order. RT : Trade between Russia and Iran surged by 15% last year, reaching $4.6 billion ,…
These 2 posts perfectly point out the utter absurdity of our Russian sanctions & energy costs. We still buy Russian oil, only after its been marked up by India. https://t.co/UOxD5iUVee — Dan 🇬🇧 (@Kingbingo_) January 20, 2023 So the purpose of the UK’s anti-Russia sanctions…
So, uh. We can’t buy oil from Russia because Russians are, uh. They are pure evil. They are murdering everyone and they don’t even do gay sex. So we’re going to uh. Here’s what we’re going to do. We’re going to tell Russia to sell…
It’s easy to say “all hell is going to break loose.” It has felt like that for decades, and yet it hasn’t really happened. If you say “all hell is going to break loose” and it doesn’t, no one really judges you for it, because…
The most insane part about all of this is that there is no suggestion of any kind of finality. The plan, apparently, is for this to just keep going and going forever. If they were actually able to beat Russia, it would take more than…
Everything is a threat to democracy. For democracy to thrive, you have to destroy freedom and free expression, you have to totally crush the human spirit. RT : Ukrainian President Vladimir Zelensky signed a decree on Sunday, imposing personal sanctions on some 198 Russian nationals…
🇷🇺🇨🇳 The trade turnover between Russia and China broke a new record high of $190.27 billion in 2022, an increase of 29.3% compared to 2021, according to newly published data from China’s customs agency. pic.twitter.com/HvqDMzWByf — Dimitri Alexander Simes (@DimitriASimes) January 13, 2023 The Russians…
As EU buckles under the backlash of Anti-Russian sanctions & scares away potential future investors, Russia’s economy is on the rise through new markets. 👍 Keep’em sanctions comin… — John Carter (@JohnEdgarCarter) January 10, 2023 The US has forced a massive shift in global economic…
Meanwhile: China Now World’s Top Importer of Gas There’s no way out. We’re going all the way down town. RT : The European energy market is likely to remain tight this year despite the current drop in gas prices , Anders Opedal, the CEO of…
Russia has not suffered at all from these sanctions. At this point, it is only logical to view the “anti-Russian sanctions” as American sanctions on Europeans. RT : India and China have stepped up purchases of Russian Arctic oil grades following Western sanctions on Russian…
1 picture says it all… 9 packages of sanctions and the effect is less than 0 ! We are rewarding Russia for its war against us ! pic.twitter.com/k80XbYIkjA — Guy Verhofstadt (@guyverhofstadt) January 2, 2023 More and more countries are just going to start ignoring…
