So there's a lot of naive posts here about the implications of Russia being banned from Swift, its economy collapsing and all sorts of doomer posts..
Meanwhile the world is and has been doing backroom and even public deals to gradually distance itself from reliance on the US dollar..
So what happens to the largest debt ridden economy in the world when it is dumped as the reserve currency? Something that'll make 2008 look like a walk in the park.
Too many midwits here can't appreciate that everything occurring to date is going exactly as Putin has planned.
demand for us dollar has been created through military extortion of oil supply to only sell oil in usd since the late 70s. climate change narrative is about destroying the inelastic demand for oil so to attack the usd
Carson Barnes
OMG this is so bullish for XRP.. I cannot believe the schizos were right AGAIN..
Noah King
what is putin's keikaku o wise user?
Dylan Nelson
Bingo. Add to that the US most recent retirement from middle east conflicts (oil grabs), has internal unrest along with a world market leaning towards renewable energy.. It's a recipe for the fall of the US dollar.
It's very likely that a lot of countries have made or will soon be making backroom deals with Russia to secure wheat and energy deals (in euros and gold) at the exclusion of US dollars.. Well we know China is one.. A very big one.
There's sure to be a lot of euro countries following lining up (behind closed doors) when Putin wraps up with Ukraine and controls over 30% of Europe's supply of gas and wheat and makes some pretty appealing offers to Europe.
The only tool the US has to combat this is raising interest rates.. But it's likely that it's now too late where countries are distancing themselves from the US dollar so their exposure to rising interest rates wouldn't be anywhere near as severe as it once was (almost weaponised).
So let's consider Putin's position now.. Pushed into a corner.. threatening to press the big red button.. huge gold and euro dollar reserves, trade deals with China.. Suddenly and rather surprisingly he's potentially in a stronger position to negotiate with Europe and the US than had NATO decided NOT to push eastward etc.. Suddenly everyone wants Putin to stop and they're wondering what it will take. Will it just be that Ukraine never joins NATO? Perhaps it's too late for that perhaps part of a new deal will include major European countries distancing themselves from the US dollar in some form or another all but accelerating the collapse of the US dollar.
Wild times ahead this year.
Robert Brown
it doesn't feel like any of the countries are real/sovereign anymore they're all subverted into actors bringing about the narrative that will allow the establishment of a global autocratic government
Connor Ross
I'm honestly starting to think Putin provoked the west into kicking them off swift. It brings forward the end of dollar reserve status by three years on an already sliding timeline of ten years. All that's needed now is China to say to Saudi Arabia they'll pay for oil in Yuan from now on. The US now already has China with the finger on the trigger and they rely on them not taking the hit to their own economy.
Adam Brown
>So there's a lot of naive posts
yes....naive is the keyword... only naive people think its good that the biggest world power has with the largest military who uses it the most all around the world... getting fucked by its debt because other country refuse to use its currency is a good thing... The NR1 losing its NR1 place in currency/trade while still being the NR1 in military spending and strength.. is not a good recipe for the rest of the world you fool.
So much about naivety
Luis Jackson
the eu has already commited suicide by going along with this plan, other than hungary which is too small to matter don't expect any backroom deals there and russia is pretty much blockaded at this point they can't export their goods to any willing buyer if it even existed, you didn't read that news about the french and british intercepting that russian cargo ship unless one party surrenders at this point its gonna end up with both the eu and russia getting rekt all the while the usa is laughing its ass off at how stupid both of them are
Dylan Reyes
saudis may very well agree to it they have their own plans in the middle east and would benefit from unstable US to carry out those plans
perhaps it's you who has some naivety about the extent of how they can use that military spending against adversaries who have nukes.
Putin has correctly assessed that the world has forgotten about MAD but everyone is about to wake up
Noah Wright
Quite plausible when you consider the hole that we've dug ourselves into with rising debt and inflation.
There's just no easy way out of that by maintaining the status quo.
I think you're correct. The idea that Putin somehow doesn't know what he's doing or that he's dug himself into a hole might make sense from an outside perspective, but when you consider the points I've raised above and indeed as you have raised it begins to look more like the pieces of Putin's (and potentially China's) puzzle are fitting into their place.
There is another option but it's pretty schizo. Potentially all of this hysteria, Russia, the US, NATO etc might juat be theatre akin to a game of musical chairs to intentionally sink the US dollar to be replaced by a global digital currency with reserves/printing rights etc already carved out.
Dylan Flores
XRP
thank me later
Mason Williams
debt and inflation are meaningless. Everything is just a racket herding us like cattle towards one inescapable global tyranny. It won't even work in the end just so tiresome having to live through the bullshit process
Charles Nguyen
I'll thank you now, for the good laugh.
Leo Stewart
No, they’re not.
Eli Ross
>muh enlightened schizo x take I mean you're not entirely wrong but you're wrong in the sense that you think they are unified while the big weakness of ((them)) is that they're also always trying to screw each other
because of that the rules do matter. Yes the central banks have deals and yes much of this is theatre, but what won't be theatre is the eventual backstabbing and betrayal
Nathan Perry
the US will have it's day once china starts making moves and that's when the whole "one world system" phases in with the painted (official narrative) alternative being global thermonuclear exchange
Adam Sanders
honestly, who the fuck are you morons. who is supposed to fall for these posts?? who is supposed to benefit? the people running these ops have no god damn clue what they're even trying accomplish anymore. its just like "did I post some bullshit today? yes? job done"
Isaac Bell
Stop bothering to educate the cattle, you faggot. I love watching the midwits on Any Forums give their retarded takes, because we can see them push globohomo propaganda in real time.
These faggots believe in things like "Ghost of Kiev", they are cattle, stop trying to pretend they are human.
