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0 sats \ 5 replies \ @kristapsk 14 Feb \ parent \ on: US-Senate Passes $95 billion Bill For Wars In Ukraine And Israel news
Yes, Russia is even more economically dependant on fossil fuel exports than was USSR. It's basically mafia with big gas station that pretends to be a sovereign nation. But Ukraine is doing good hits on their oil infrastructure near Black and Baltic seas, likely that export route will be non-functioning soon.
then tell me what competencies, resources and economic advantages the eurozone has? is it the high national debt? the completely messed up currency? the ailing banking system? the failed climate policy? the deindustrialization of the continent? the massive flight of capital out of the eurozone?
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EU is dying organization IMHO. But still there are competencies. For example, most of the equipment used by Russian industry (factories) is German.
About currencies - rouble is even worse than euro. And, at the end of the day, we all believe, all roads will end to the Bitcoin anyway.
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unfortunately, what is still not understood is that the brics bloc covers its currencies with gold. europe has a problem with the collateral of its currency. it has nothing to offer except climate moralism, with the help of which it tries to keep the whole world at its table (net zero insanity). europe has an energy problem. that is the cause of its failure. and that is precisely why it can no longer decide kinetic conflicts for itself.
And yes: in BTC we trust!
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what is still not understood is that the brics bloc covers its currencies with gold
No, it does not! Central bank having some gold reserves doesn't mean it's currency is backed by it.
And I would not even call BRICS a "block". Common, there is both India and China there which literally have military skirmishes on border from time to time.
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have you really missed the steps towards de-dollarization in recent months? that even a country like Saudi Arabia, which was a founding member of the pedrodollar, is now factoring in Chinese currency or rubles? that can't be right. Putin also described this in detail in the interview: the time of recycling the US dollar in all possible regions of the world and the return through US government bond purchases is slowly coming to an end. a shift in power is taking place here on a geopolitical level, which means that even people like Janet Yellen have to travel to China every few months to beg the Chinese to please buy a few billion in government bonds
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