This.
People are talking about "de-dollarization" as if less than $200 billion a year in Russian oil/gas is going to move the entire world.
America's GDP is $20 trillion a year. Those Russian oil/gas sales aren't even 1% of the American economy.
Russia now demands gas be purchased in Rubles, not the US dollar
- Thread starter SwizzLake
- Start date
This.
People are talking about "de-dollarization" as if less than $200 billion a year in Russian oil/gas is going to move the entire world.
America's GDP is $20 trillion a year. Those Russian oil/gas sales aren't even 1% of the American economy.
Hilarious trying to see the Eastern Asian countries try and get off the dollar... This shyt won't happen and with the digital backed currency that will be releasing in the future shyt just won't happen.
Expect all corporations and technology be moved from Gas etc... because of China Russia India
Expect all corporations and technology be moved from Gas etc... because of China Russia India
Spidey Man
Superstar
India is gonna try to stay as neutral as they can get due to prior history with Russia, but if shyt gets hot and they have to choose a side, they will pick the US. They know they have a better chance of surviving China's expansion with us beside them then by themselves
For now, remember, the assumptions of yesterday are not necessarily going to hold today and in the future. The US is a falling share of Global GDP and the weaponizing of foreign currency reserves will get other countries to think about alternatives. Will not happen now, but best believe there are whispers about it.
More Gas discussions...
Qatar says it is not possible to replace the (40%) of gas that Russia provides to Europe.
Qatar's Energy Minister Kaabi:
"It's always nice to be wanted. Everyone in Europe is talking to us.. [but] replacing Russia/n gas supply to Europe is not practically possible just yet.. [our] current gas capacity won't satisfy European demand" CNN Business
Europe can't live without Russian gas. Can this tiny Middle East country help? - CNN
Qatar says it is not possible to replace the (40%) of gas that Russia provides to Europe.
Qatar's Energy Minister Kaabi:
"It's always nice to be wanted. Everyone in Europe is talking to us.. [but] replacing Russia/n gas supply to Europe is not practically possible just yet.. [our] current gas capacity won't satisfy European demand" CNN Business
Europe can't live without Russian gas. Can this tiny Middle East country help? - CNN
Gritsngravy
Superstar
It’s interesting I haven’t seen or heard stories about America/Europe trying to get African countries to sell their oil
Nigeria crude oil already goes to the UK.
Algeria gas is already supplying, Italy, Spain and other EU countries.
This isn't true at all.
Whomever benefits from a power loss on Americas side would surely use this newfound power eventually. And if China was to be the recipient..do you foresee them being any better at the helm than the US? Let’s be reality here. As long as the US does not abuse this power I doubt shyt changes much in this regard.
More Gas talk..
The current Germany's gas shortage is a major problem. Putin was not supplying them adequately for over a year now, so Germany ran their reserves almost empty.
Russia confirmed today, if the EU can't pay gas in Ruble, there will be no gas for them. Germany appears to have no choice right now. We shall see what their game plan is.
The current Germany's gas shortage is a major problem. Putin was not supplying them adequately for over a year now, so Germany ran their reserves almost empty.
Russia confirmed today, if the EU can't pay gas in Ruble, there will be no gas for them. Germany appears to have no choice right now. We shall see what their game plan is.
Yaboysix
That nikka
The hell is a “Ruble”? What that look like?
Broke Wave
The GOAT
@88m3 @Pressure @Bobby Ashley @Orbital-Fetus @wire28 @Leasy @Geek Nasty
Russia’s Ruble is now stronger than it was before the war - according to facts. Any comment?
