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1
clambo
2022 Mar 30, 10:30am
I am old enough to remember when a Ruble cost a dollar when I visited Moscow for a few days.
2
Cash
2022 Mar 30, 11:38am
No ceiling for China-Russia cooperation: Beijing as Russian FM arrives for talks amid Ukraine war
https://zeenews.india.com/world/china-says-no-limit-for-cooperation-with-russia-as-sergey-lavrov-arrives-for-talks-amid-ukraine-war-2449330.html?source=patrick.net
"There is no ceiling for China-Russia cooperation, no ceiling for us to strive for peace, no ceiling for us to safeguard security and no ceiling for us to oppose hegemony," Chinese Foreign Ministry spokesman Wang Wenbin told a media briefing here when asked to describe the limits of China-Russia relations.
I really like this 1 "no ceiling for us to oppose hegemony"
BYE BYE PetroUSD,
https://zeenews.india.com/world/china-says-no-limit-for-cooperation-with-russia-as-sergey-lavrov-arrives-for-talks-amid-ukraine-war-2449330.html?source=patrick.net
"There is no ceiling for China-Russia cooperation, no ceiling for us to strive for peace, no ceiling for us to safeguard security and no ceiling for us to oppose hegemony," Chinese Foreign Ministry spokesman Wang Wenbin told a media briefing here when asked to describe the limits of China-Russia relations.
I really like this 1 "no ceiling for us to oppose hegemony"
BYE BYE PetroUSD,
3
Cash
2022 Mar 30, 11:48am
India is exploring a rupee-ruble arrangement for smooth bilateral trade with Russia
https://stockmarket-analyst.com/2022/03/04/india-is-exploring-a-rupee-ruble-arrangement-for-smooth-bilateral-trade-with-russia/?source=patrick.net
It was in 2014 that India and Russia agreed to make payments through the rupee-ruble trade after India faced a US sanctions threat over a defence deal with Russia.
But, there’s a problem. The ruble is not fully convertible, so not easily traded in forex markets with little-to-no restrictions. This results in low trade volumes for the currency pair, currency analysts said.
A solution or more has been found $XRP token.
https://stockmarket-analyst.com/2022/03/04/india-is-exploring-a-rupee-ruble-arrangement-for-smooth-bilateral-trade-with-russia/?source=patrick.net
It was in 2014 that India and Russia agreed to make payments through the rupee-ruble trade after India faced a US sanctions threat over a defence deal with Russia.
But, there’s a problem. The ruble is not fully convertible, so not easily traded in forex markets with little-to-no restrictions. This results in low trade volumes for the currency pair, currency analysts said.
A solution or more has been found $XRP token.
To me this just shows how endangered the petrodollar is and when it fails which carries a very high probability
imo USD becomes a hot potato and nation after nation run for the exit. US population is being so RED flagged
starting with covid then Ukraine and the latest and greatest is all the warnings about cyber attacks on our financial
system not to mention power grid and etc. Im not really much of an end of the world trader but do hedge with some
metals, crypto and hard assets as the dice are rolled.