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Prepare, I believe the paper markets will unwind after this.

Prepare, I believe the paper markets will unwind after this.

(post is archived)

[–] • 4 pts

This is a correct move by Putin, given the current situation

It is a pity that USA abused the dollar to bash at russia, having a single "currency" for world trade, has some value.

There is an attempt to start a "virtual" currency, based on a basket of currency, to settle contracts. It is probably the only way forward...

USA will not be able to print money as they used to

[–] • 4 pts

This is a big deal.

[–] • 4 pts

I'm like defcon 5, everyone else is like oh that's nice. It's like this, the war on terror was to stop oil from being traded in anything but usd. Those were third world shitholes. A superpower has left the table. You think all these other countries want to keep selling their shit for worthless dollars? This will accelerate quickly from here.

[–] • 3 pts

Now who wants to be part of the eDollar? /s

[–] • 0 pt

I've heard recently that there were rumors of Saudi Arabia also agreeing to sell oil to China for yuan.

Yeah, brace for impact.