People in the West hear so much malarkey and they can’t separate the milk from the cream…
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When the United States attempts to regulate dollar transactions, it now faces the reality of having no transactions conducted in those dollars. Numerous countries are increasingly engaging in trade and barter using currencies other than the dollar…
Thus, when you advise India against purchasing oil, you are specifically referring to dollars; however, they proceed to make purchases using Yuan and Rubles. These transactions do not appear in Western financial records…
Similarly, when you convey the same message to China, they respond with a smile. They possess a direct supply line for oil and gas…
The underlying problem is that if one payment method is restricted, alternative payment methods emerge. Initially, this may occur gradually, but it will eventually lead to a significant surge…
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Chickens coming home to roost America and those chickens are hungry…
WtR