Atilla
Legendary member
- Messages
- 20,848
- Likes
- 4,028
Russia is winning the economic war - and Putin is no closer to withdrawing troops
"The perverse effects of sanctions means rising fuel and food costs for the rest of the world – and fears are growing of a humanitarian catastrophe. Sooner or later, a deal must be made"
This is on the nail imo. Sanctions are hurting us and helping Russia and the Asian tigers.
Alongside the rising Ruble, China, Russia and the Asian centric nations are working towards establishing a new alternative to swift, international payment processing system.
Moreover, China holds almost 15% of the dollars held by foreign countries. If they ever started getting rid of all their dollars and other nations followed suit, the $ollar would go into free fall.
I keep thinking about Bush's clip when he says they are working really hard trying to think up ways how they can hurt us more... He wasn't far wrong. Not so funni anymore
Are these intended or unintended consequences of weaponising international financial system by the West? Let's ask our leaders!
Last edited: