Consequences of a chemical incident in Ukraine.

[goat]

Try me.

Russia's financial "fortress" falters under the West's sanctions
by Kate Marino

Russia spent seven years building a financial “fortress” that could help it withstand the impact of sanctions imposed by the West — and the keystone was $630 billion in central bank foreign exchange reserves.

Driving the news: Presumably, Russia didn’t expect the G7 nations to go so far as to freeze those reserves, which they did this week — a move nearly unprecedented in scope.

https://www.axios.com/russia-economy-sanctions-west-ukraine-eb9e9285-49e7-4aed-bf73-05588e1c3472.html

 

[Legion]

Russia's financial "fortress" falters under the West's sanctions by Kate Marino Russia spent seven years building a financial “fortress” that could help it withstand the impact of sanctions imposed by the West — and the keystone was $630 billion in central bank foreign exchange reserves. Driving the news: Presumably, Russia didn’t expect the G7 nations to go so far as to freeze those reserves, which they did this week — a move nearly unprecedented in scope.
https://www.axios.com/russia-economy-sanctions-west-ukraine-eb9e9285-49e7-4aed-bf73-05588e1c3472.html

I knew you could do it if you tried.

 

[goat]

I knew you could do it if you tried.

No article goes into enough depth to understand that freezing the money will eventually mean the end of the petrodollar.

 

[Legion]

No article goes into enough depth to understand that freezing the money will eventually mean the end of the petrodollar.

Is that so?

 

[goat]

Is that so?

The world is moving away from the dollar. China already has a digital currency to trade directly with other countries. It may not happen in our lifetime but the US empire will end.

 

[Legion]

The world is moving away from the dollar.

Is it?

China already has a digital currency to trade directly with other countries.

Do they?

I guess you didn't hear what bungling Biden has planned. Bungling Biden ordered the Treasury Department to consider creating a digital dollar.

DEMOCRATS WILL HAVE CONTROL - THEY CAN FREEZE YOUR ASSETS AT WILL - CAN A SOCIAL CREDIT SCORE BE NEXT?​

Physical cash could be a thing of the past in the US


"It would be probably as simple as opening up an app, and you can have some banking services, including loans," said Peter Rodriguez, dean at Rice University's School of Business.

Bitcoin and the digital dollar are similar but different in many ways. Perhaps one of the biggest differences is Bitcoin is unregulated and U.S. digital money would be regulated.

But the difference with Bitcoin, Bitcoin comes in a limited, capped quantity. The government could create as much as it wants.

"It's possible that as a result of this new world order, you could see other cryptocurrencies no longer be viable," said Rodriguez. "Everyone will move to hold the most stable, the most viable one in the long run, and that means they could lose on some of these investments."

This process is still in the early stages. For the next few months, federal agencies will be looking at the benefits of cryptocurrency.


https://www.10tv.com/article/money/us-digital-dollar-banks/269-0ce14a53-5561-4b35-b064-a07be5531134

It may not happen in our lifetime but the US empire will end.

Doesn't every empire end?

 

[goat]

Is it?




Do they?

I guess you didn't hear what bungling Biden has planned. Bungling Biden ordered the Treasury Department to consider creating a digital dollar.






Doesn't every empire end?

Will you support the rioters?

 

[Legion]

Will you support the rioters?

Rioters?

 

[Legion]

dulce et decorum est pro patria mori

So you're a Ukrainian?

Then nothing is stopping you from charging into battle in defense of your own sweet homeland, is it?

 

[Legion]

https://twitter.com/x/status/1507105549594378250

 

[moon]

"Syrian rebels were desperate for US intervention. Obama warned a chemical attack there would be a red line. Syria started suffering chemical attacks.
Ukraine is desperate for Nato intervention. Biden says Nato will respond if there's a chemical attack in Ukraine. Hmm..
UN inspectors in Douma, where the most notorious of Syria's gas attacks occurred, blew the whistle that their forensic report into the attack had been nobbled under US pressure to make it look like Assad was responsible. There's been a media blackout on that story ever since. "
Aaron Mate's reporting on this double scandal has been invaluable. Don't miss it: https://twitter.com/aaronjmate/status/1227350862248468480

Are there any White Helmets in the house ?

See you, Zelensky.



Haw, haw................................haw.