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watso

29,770 Posts.

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09/04/23

10:50

Post #: 67196777
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Originally posted by Wazdan: ↑

The USA..........always out with the stick first .........the warnings are becoming an embarrassment!!!!!!!!!!!!

Time to pull their heads in

US dollar comes under all-round attack

World’s largest countries with the biggest economies are moving away from payments in the US dollar and increasingly using local currencies for trade.

The world market has not responded too badly to these changes.

Yuan has risen on the news of Saudi Arabia contemplating receiving oil payment in the currency.

Rouble, too, has recovered from the initial crash witnessed around the invasion.

With news breaking about Russia firming up oil and gas supply deals in rouble, the currency rose from the low of 140 against one US dollar to 80 now.

The US anguish over Russia not only slipping out of its fingers, but also succeeding in setting up an alternative payment mechanism at the cost of the dollar was apparent from the statement by US deputy NSA Daleep Singh.

Singh, who was in India late last month, warned of “consequences for countries that actively attempt to circumvent or backfill the sanctions”.

He appealed against creating mechanisms that prop up the rouble and attempt to undermine the dollar-based financial system.

Now that they have a taste of trading without involving the dollar, how far other nations will heed to Singh’s warnings cannot be predicted.

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watso thought that the american mantra would be ..

A COUNTRY SHOULD BE FREE TO DETERMINE WHAT CURRENCY IT WANTS TO TRADE IN ...

(So long as it's the american dollar ) ..

strange how countries very quickly learned to use the rouble and the russian payment system ..

the world is sick of the american bully

Originally posted by Dovif: ↑

Russia is doing an extremely well job and should be commended

after-all they are in day 410 of their 10 days “special” operation. While the rest of the world are laughing at how “special” the Russian military are and how “special” their troll farms are and how many of those farmees probably went to special schools.

to be able to coordinate all these “special” people together is doing an extremely well job.

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meantime in the real world russia control 15/20 percent of ukraine - and the industrial heartland of ukraine ...

and seriously - the ukrainian military has had 410 days to kick out the russians - who are poorly trained, low morale, ill equipped etc etc ..

oh and not to forget that zels is begging for guns - as all that he started with - has been destroyed ...

lol lol ukraine army trained by nato - and with a klll ratio of 10 russians for every one ukrainian - and still they cannot kick the russians out ...

lol lol 410 days in which to kick out the useless russians .. yet they cannot do it
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