Russian media reports Putin has given “hostile” countries a March 31 deadline to begin payments for natural gas imports in rubles. It affects countries that froze its foreign currency reserves.
The media reports that after March 31st, Europe will not get free gas if countries refuse to pay in rubles. “We are not going to supply gas for free, this is clear,” Kremlin spokesman Dmitry Peskov said on Tuesday.
Europe depends on Russian gas for 40% of its needs. Today, German officials announced that Germans should prepare to face gas rationing. It will be a major hit to Europe’s economy as gas goes sky-high. As German chancellor Olaf Schols warned, it will trigger an economic recession across Europe.
On a broader scale, there is a risk of a global energy crisis. At the same time, Biden is trying to accelerate the destruction of the US oil and gas industry.
As for oil, Russia supplies around four million barrels of oil per day to the European Union. Unlike gas, the supply of which to a greater extent is still regulated by long-term contracts, the price of oil is volatile and is determined by supply and demand. If Europe still decides to abandon Russian oil, then crude prices could soar to $200 per barrel, or even higher, analysts warn.
That will greatly advance the goals of The Great Reset in the West.
The West is going on a wartime footing over Ukraine.
Putin believes that if the West imposes more sanctions, it raises the possibility that other Russian export commodities could be priced in rubles, including crude oil, coal, metals, rare earths, minerals, precious stones, noble gases, timber, fertilizers, food oil and grain.
Russia will lose money too but they can direct some of their gas supplies to Asia.
The Vatican will pay its gas bills in rubles and has offered its fiancial and banking services to other gas buyers. Looks like the Church is showing good common sense.
SWIFT, the globalist financial system blocked to Russia by Biden’s handlers, is being bypassed by Russia with a new system to allow direct rupee-ruble exchanges between India and Russia. The petrodollar is passé, a zombie artifact of a broken economy. And US citizens, including every indiscriminate modern liberal who voted for being ruled by corporate fascism and who unintentionally aided the disintegration of our economic system of Federal Reserve debt, will finally realize they are paupers at a speed equal to moribund thought.
Trump has turned out to be right on a lot of things I miss Trump.Can not stand the stupid fool that is president now what a loser.
I’ll shoot if that happens.
Trump was right again. He scolded Germany for being hostage to Russia and now the tap is closed.
Not good for the dollar.
The Obiden Junta bosses in Beijing are preparing a new strain of the CCP Virus to release on us within the next few months. It worked the first time and they figure the cowed American population will fall for it again, Just to make certain they will start this war with Russia, declare national emergency and require all ballots be mailed in to the Zuckerberg ballot counters. If you onject they will allege you are a terrorist and a Russian agent, get you fired, freeze yourassets and send one of their federal mobsters to arrest or kill you. That’s the plan,folks. What are you going to do about it?
Europe deserves this hardship. Russia is still offering to sell it energy, Russia is not depriving Europe of anything.
I suspect the more sensible eastern European nations will find a way to buy energy from Russia.
Instigating a war in Ukraine over many years, by violating agreements, then using economic warfare on Russia, is unacceptable.
The US has no moral superiority anymore, so it censors the Ukraine abuses, as it has done for 8 years.
Unlike the Western propaganda about the war (videos from games, events years ago, events in different countries, …) the videos of this abuse are current and in Ukraine, no one has yet given a challenge to their authenticity.
Censorship is what liars use.
O/T-Watched the video of Azov Ukies shooting Russian POWs in the knees while one was bleeding out from a terminal wound to the gut with no medical assistance.
They were filed out of a van in plastic handcuffs with bags over the head and shot point blank in the knee or lower leg.
These are not the Nazis the fake and gay empire of lies was looking for, or are they?
The world has been on an OIL Economy since the end of WWII. Gold and Silver do not come near Oil in value in a modern industrial economy. We are still in the Industrial age, the fourth Industrial age and the fifth will require significant more energy to power automation and robotics. The counties with oil control the monetary markets. Europe has no oil and almost no military. America used to have oil along with a Military, now Russia has oil and a Military. China controls a lot of the worlds oil and they have a Military. If the Congress doesn’t due something about Traitor Joe’s Energy Policy, like yesterday, both Europe and America will be in Depression before 2024 and the Dollar will be heading towards collapse. Oil Production was what was pinning the US Dollar against other world currencies. Without Energy Independence the dollar will fail.
President Trump is a businessman. He understands Macro Economics and World Markets which is why he was pushing for more energy production, manufacturing, economy expansion, and smaller Government. No one has ever borrowed themselves into wealth without productivity. Government produces nothing; Government is nothing but overhead The only way to ever get control over the Nation Debt is by actually expanding the economy and reduce overhead instead of manipulating money.
Direct Russian Energy resources to Asia and Europe will completely collapse. America can survive, but not with Traitor Joe in the White House or Democrats in Congress. We have already seen 10% inflation in a year, we will see another 10% this year. Traitor Joe is actively working to destroy America’s Middle Class and that will destroy America as we know it and turn us into a second rate nation with parts of Liberal America resembling the 3rd world.
No mention here about the grain and foodstuffs Russia exports. Russia is he #1 grainexporter and Unkraine is #3. The effect will be devastating on Europe will turn to the US and Canada. Look for food princes in the USA to escalate another 25% by the end of 2022.
O/T-Breaking-38mins ago-India leaves the dollar and China will look to do the same.
India views it as a great opportunity this opening of Russia and China recently signed a 5000 word agreement with their “frenemies” in the land of the former CCCP.
Attention all rump vassals of the imperial cess ridden third world turd swamp…PWNED.
Vodka man is a bad mutha…shut yo mouth.
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