Just imagine if we had Trump era oil production now. We would be a net exporter to Europe and could be raking in the dough. With a strong leader that demands that NATO nations fulfill their obligations of 2% of GDP, they would also be buying record amounts of armaments. Instead, those same countries that have failed to meet their obligations are now sending stockpiles to Ukraine so it can be sold off to noncombat states all the while buying Russian energy. Probably why Putin waited for Trump to be out of the picture. It's going to be interesting when all of Europe is desperate to rearm and the lights are off because Russia has cut them off. Will the US float massive debt so NATO can buy shiney new tanks and guns from the US? You know their economies will be a husk after all manufacturing has shut down due to expensive energy costs.
For those not familiar with BRICS, it is "an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as "BRIC" (or "the BRICs") in 2001"
A New Gold Standard? Kremlin Confirms Intention To Back Ruble With Gold And Commodities
So when Nikolai Patrushev says that Russia is working on a plan to back the ruble with gold and commodities, it is not just anyone saying this, it is being said by the highest echelons of the Russian Government.
In particular, it is proposed to determine the value of the ruble, which should be backed by both gold and a group of goods that are currency values, and to put the ruble exchange rate in line with the real purchasing power parity.”
Why isn't their economy collapsing? Wasn't that the purpose of all those sanctions?
The sanctions are collapsing some economies, just not the ones they were targetting ;)
Just imagine if we had Trump era oil production now. We would be a net exporter to Europe and could be raking in the dough. With a strong leader that demands that NATO nations fulfill their obligations of 2% of GDP, they would also be buying record amounts of armaments. Instead, those same countries that have failed to meet their obligations are now sending stockpiles to Ukraine so it can be sold off to noncombat states all the while buying Russian energy. Probably why Putin waited for Trump to be out of the picture. It's going to be interesting when all of Europe is desperate to rearm and the lights are off because Russia has cut them off. Will the US float massive debt so NATO can buy shiney new tanks and guns from the US? You know their economies will be a husk after all manufacturing has shut down due to expensive energy costs.
I would wager they have been targeting the Western economies for years.
They have been targeting the people, and economy is just a weapon. Now is the time the weapon is reaching its expiry date.
Im not so sure about that in this mixed up, mottled up, shook up world. Maybe the banks they were targetting are exactly the ones failing now.
Im not so sure about that in this mixed up, mottled up, shook up world. Maybe the banks they were targetting are exactly the ones failing now.
Didn't they back the Ruble to gold?
Yes, that would be BRICS.
For those not familiar with BRICS, it is "an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as "BRIC" (or "the BRICs") in 2001"
https://en.wikipedia.org/wiki/BRICS
https://www.zerohedge.com/markets/new-gold-standard-kremlin-confirms-intention-back-ruble-gold-and-commodities
lel, Pootie Pie caught a gold bug and now he's sitting cozy in the Kremlin