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Biden Failure Dairies: India Trading With Russia and The East...In Yuan
Biden Failure Dairies: India Trading With Russia and The East...In Yuan
By Sumela
4 Jul 2023 1:04 pm in No Holds Barred Political Forum
4 Jul 2023 1:04 pm
But Lil Blinky screamed at Modi. ""STOP!!!""
Lil Blinky threw a tantrum.
The world has suddenly begun DE-DOLLARIZING as
they see BIDEN MAFIA:
1. stealing and sanctioning disobedient countries
2. blowing up German piplelines
3. threatening war with China
Exclusive: India refiners start yuan payments for Russian oil imports -sources | Reuters
Lil Blinky threw a tantrum.
The world has suddenly begun DE-DOLLARIZING as
they see BIDEN MAFIA:
1. stealing and sanctioning disobedient countries
2. blowing up German piplelines
3. threatening war with China
Exclusive: India refiners start yuan payments for Russian oil imports -sources | Reuters
Normally all oil transactions around the world are in United States dollars, and Russia would most certainly prefer being paid in hard US cash.
But due to successful sanctions against Russia no international bank will handle the deals if Russia is the seller.
So to sell oil Russia must trade in Chinese currency, until sanctions are lifted.
The day afterwards Russia will demand payment in dollars again.
But due to successful sanctions against Russia no international bank will handle the deals if Russia is the seller.
So to sell oil Russia must trade in Chinese currency, until sanctions are lifted.
The day afterwards Russia will demand payment in dollars again.
Why would Russia want to trade in dollars, giving us more power to control transactions?Bruce » 04 Jul 2023, 6:39 pm » wrote: ↑ Normally all oil transactions around the world are in United States dollars, and Russia would most certainly prefer being paid in hard US cash.
But due to successful sanctions against Russia no international bank will handle the deals if Russia is the seller.
So to sell oil Russia must trade in Chinese currency, until sanctions are lifted.
The day afterwards Russia will demand payment in dollars again.
Let me ask this.neueregel » 04 Jul 2023, 6:42 pm » wrote: ↑ Why would Russia want to trade in dollars, giving us more power to control transactions?
You have oil to sell
You want to sell the oil to another country
Do you want American dollars, or Chinese?
If the dollar was so attractive, we would t have to force countries into using it for oil purchases. And yes, in the past, the dollar was attractive but it’s fading….fast.Bruce » 04 Jul 2023, 6:48 pm » wrote: ↑ Let me ask this.
You have oil to sell
You want to sell the oil to another country
Do you want American dollars, or Chinese?
If you take a dollar anyplace on earth, it’s good money.neueregel » 04 Jul 2023, 6:58 pm » wrote: ↑ If the dollar was so attractive, we would t have to force countries into using it for oil purchases. And yes, in the past, the dollar was attractive but it’s fading….fast.
The yaun is good money in China.
Russia would prefer the yen, euro or pound to the yaun but can’t trade in those either.
Yet the dollar is still the hardest currency on earth.
This is what happens when you rig an election in favor of a incontinent geriatric with a shuffling gait
https://www.visualcapitalist.com/de-dol ... -s-dollar/Bruce » 04 Jul 2023, 7:06 pm » wrote: ↑ If you take a dollar anyplace on earth, it’s good money.
The yaun is good money in China.
Russia would prefer the yen, euro or pound to the yaun but can’t trade in those either.
Yet the dollar is still the hardest currency on earth.
Yet countries are seeking alternatives.
…wonder why Biden or Trump, it doesn’t matter to foreigners.Warcok » 04 Jul 2023, 7:16 pm » wrote: ↑ This is what happens when you rig an election in favor of a incontinent geriatric with a shuffling gait
The other OPEC oil sellers besides Russia will only accept US dollars for their oil.
Why,
They can buy Boeings and Kenworths and Caterpillars and John Deere’s and General Electric turbines with dollars.
They don’t care who wins our elections at all.
Successful? 80% of Russian military equipment required American parts pre invasion. Today that number is 70%. Our direct import of military parts to the Russian war machine has dropped approximately 10%. Effective? Aside they can buy what we stopped giving them from China.Bruce » 04 Jul 2023, 6:39 pm » wrote: ↑ Normally all oil transactions around the world are in United States dollars, and Russia would most certainly prefer being paid in hard US cash.
But due to successful sanctions against Russia no international bank will handle the deals if Russia is the seller.
So to sell oil Russia must trade in Chinese currency, until sanctions are lifted.
The day afterwards Russia will demand payment in dollars again.
It is common for the people who run Fox News and other conservative media outlets to say America is declining, and the dollar is being reduced to second class status.neueregel » 04 Jul 2023, 7:25 pm » wrote: ↑ https://www.visualcapitalist.com/de-dol ... -s-dollar/
Yet countries are seeking alternatives.…wonder why
The truth is the rest of the world will buy 30 year US Treasury bonds for under 4%.
China owns about a trillion of our treasury bonds, and they treat it like a gold reserve. It’s their most valuable asset.
The reason our currency is the strongest on this earth, is because our Federal Reserve is completely independent of Congress and the President.
And no, they never will and never have just printed money.
It’s because we never have printed money, our money is so sound.
I didn’t provide a FOX link. One mustn’t ignore the trend away from the dollar.Bruce » 04 Jul 2023, 7:52 pm » wrote: ↑ It is common for the people who run Fox News and other conservative media outlets to say America is declining, and the dollar is being reduced to second class status.
The truth is the rest of the world will buy 30 year US Treasury bonds for under 4%.
China owns about a trillion of our treasury bonds, and they treat it like a gold reserve. It’s their most valuable asset.
The reason our currency is the strongest on this earth, is because our Federal Reserve is completely independent of Congress and the President.
And no, they never will and never have just printed money.
It’s because we never have printed money, our money is so sound.
All conservative media is nothing but bad news the conservative wants to hear, unless Trump is President.neueregel » 04 Jul 2023, 8:07 pm » wrote: ↑ I didn’t provide a FOX link. One mustn’t ignore the trend away from the dollar.
Then, they blame bad news on the Deep State, or George Soros, or somebody.
You should know, they are lying when they publish that Russia is selling India oil for yaun, but they don’t tell that’s because of dollar, yen, euro and pound sanctions.
https://www.cbsnews.com/amp/news/russia ... ioms-2022/Bruce » 04 Jul 2023, 8:53 pm » wrote: ↑ All conservative media is nothing but bad news the conservative wants to hear, unless Trump is President.
Then, they blame bad news on the Deep State, or George Soros, or somebody.
You should know, they are lying when they publish that Russia is selling India oil for yaun, but they don’t tell that’s because of dollar, yen, euro and pound sanctions.
But don’t worry…Joe and his crackhead son are running things.
Lil Marco Rubio the Globalist cried recently..
"""how can we control and sanction countries if they de-dollarize.
If we cant control the power of the dollar
then sanctions are meaningless""
uhh yeah, exactly why countries are moving East and distrust WASH DC
hahaha
"""how can we control and sanction countries if they de-dollarize.
If we cant control the power of the dollar
then sanctions are meaningless""
uhh yeah, exactly why countries are moving East and distrust WASH DC
hahaha
Hey Cuck....Bruce » 04 Jul 2023, 8:53 pm » wrote: ↑ All conservative media is nothing but bad news the conservative wants to hear, unless Trump is President.
Then, they blame bad news on the Deep State, or George Soros, or somebody.
You should know, they are lying when they publish that Russia is selling India oil for yaun, but they don’t tell that’s because of dollar, yen, euro and pound sanctions.
The article is by Reuters.
Then it’s cherry picked.
Reuters would have explained that Russia can no longer get banks to trade them dollars.
When I was a kid Wall Street was all Republicans.
Not any more:
Insider
- Wall Street spent a record $2.9 billion on campaign donations and lobbying in 2019 and 2020, a report suggests.
- It donated heavily in favor of Biden over Trump. Bloomberg LP was the top donor.
- Sen. Jon Ossoff, a Georgia Democrat, received more money than any other current member of Congress.
But mainly Democrats are sane. They read. They don’t make **** up that’s not true. They are the keepers of our traditional life as we know it.
4 Jul 2023 10:00 pm
hahaBruce » 04 Jul 2023, 9:55 pm » wrote: ↑ Then it’s cherry picked.
Reuters would have explained that Russia can no longer get banks to trade them dollars.
When I was a kid Wall Street was all Republicans.
Not any more:
InsiderDemocrats don’t want to default on the national debt or audit the Federal Reserve.
- Wall Street spent a record $2.9 billion on campaign donations and lobbying in 2019 and 2020, a report suggests.
- It donated heavily in favor of Biden over Trump. Bloomberg LP was the top donor.
- Sen. Jon Ossoff, a Georgia Democrat, received more money than any other current member of Congress.
But mainly Democrats are sane. They read. They don’t make **** up that’s not true. They are the keepers of our traditional life as we know it.
All empires end.
Catch up Cucky
5 Jul 2023 12:09 am
It is fascinating how Russia, who was supposed to be a super power, got lazy and bought USA made ad western parts for its front line military equipment.Neo » 04 Jul 2023, 7:37 pm » wrote: ↑ Successful? 80% of Russian military equipment required American parts pre invasion. Today that number is 70%. Our direct import of military parts to the Russian war machine has dropped approximately 10%. Effective? Aside they can buy what we stopped giving them from China.
Whereas the USA keeps only domestic parts (with rare exceptions) in our hardware.
For example
A local Missouri bullet company, Sierra, makes the finest sniper rifle bullets on earth, the Match King,
Sierra sells few bullets direct to anybody. They sell mainly to dealers.
Russia has had a Devil of time buying Match King bullets on international markets.
And part of that reason is Russia is being starved for dollars, by sanctions.
Sierra bullet dealers not only prefer dollars, they don’t accept anything else, but dollars.
—-
I’d like to order 20,000 6.5 mm Match King bullets, please
Sure thing, read me your card numbers
Well, I have a Chinese bank card, and I’ll be paying in yaun.
Then buy Chinese bullets sir. Click.
—-
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