A HUGE Russian What If??? I hate to even bring
this up, but what if these so called "economic
sanctions" are exactly what Putin and the
Russian's wants to see happen. Considering the
fact Russia is clearly the "underdog" when
matched against the worlds #1 (the US), and the
world's #2 (China), Putin understands he needs to
be smarter and more creative if he is to ever
make a move towards the top spot. With this in
mind, maybe he is trying to actually entice harsh
US sanctions? This would then ultimately allow
Putin to persuade his countrymen to abandon the
US dollar all together. My point is if the US
squeezes down hard enough and tries to enforce
sanctions by limiting trade with the US dollar,
Putin may simple create his own new world
currency that buyers of Russian resources will
use to exchange for goods. This little move could
potentially run a ripple through the global financial
system like one we have never witnessed.
Remember, both Russia and China (and several
others) have been looking for a way out of the US
dollar system for years. If Russia and Putin
believe the time is right to leverage their "natural
resources" in order to gain a more favorable
foreign currency reserve position then the price of
poker, in my opinion, just went through the roof. If
Russia decides to start demanding payments for
natural resources in some NEW type of non US
dollar denominated currency, all while blaming it
on US sanctions, then you will know that a full-
blow "financial war" is under way.
this up, but what if these so called "economic
sanctions" are exactly what Putin and the
Russian's wants to see happen. Considering the
fact Russia is clearly the "underdog" when
matched against the worlds #1 (the US), and the
world's #2 (China), Putin understands he needs to
be smarter and more creative if he is to ever
make a move towards the top spot. With this in
mind, maybe he is trying to actually entice harsh
US sanctions? This would then ultimately allow
Putin to persuade his countrymen to abandon the
US dollar all together. My point is if the US
squeezes down hard enough and tries to enforce
sanctions by limiting trade with the US dollar,
Putin may simple create his own new world
currency that buyers of Russian resources will
use to exchange for goods. This little move could
potentially run a ripple through the global financial
system like one we have never witnessed.
Remember, both Russia and China (and several
others) have been looking for a way out of the US
dollar system for years. If Russia and Putin
believe the time is right to leverage their "natural
resources" in order to gain a more favorable
foreign currency reserve position then the price of
poker, in my opinion, just went through the roof. If
Russia decides to start demanding payments for
natural resources in some NEW type of non US
dollar denominated currency, all while blaming it
on US sanctions, then you will know that a full-
blow "financial war" is under way.