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Haha, hahahahahaha! The ruble or renminbi, or some hybrid of the two, compete with the US dollar? Surely you jest. However, China selling its investments in US treasury bonds, etc. is a more plausible scenario. But then, where would it invest its money? EU? Certainly not Russia. Canada? The reality is, that we're all interdependent, whether we like it or not.
Every country knows we've been shipping inflation overseas for decades, they are tired of it; and Russia holds the cards due to an abundance of natural resources.
Ukraine just upped its artillery game after it received a new German Multiple Launch Rocket System known as MARS II. In a tweet Monday, Kyiv's military chief, Oleskii Reznikov called this most recent addition the "third brother in the Long Hand family," after the U.S.-donated HIMARS and the M270 Multiple Launch Rocket System, which both the U.K. and Norway have donated to Ukraine.
Ukraine also just received those four additional HIMARS from the U.S., Reznikov tweeted separately on Monday. "We have proven to be smart operators of this weapon," said Reznikov. "The sound of the HIMARS volley has become a top hit of this summer at the front lines!" he added.
Impressive little video on the force of those little banned mines that look like toys. This Russian guy throws a tire on it and hits it (I don't want to know how often he had to try before he succeeded ). The tire really takes off...
What does an invading force do when it wants to win a war and take over a country .................
It invades with overwhelming force by an army of at least 3 times the size of the invaded country's army. It hits hard, makes decisive moves and leaves its enemy stunned.
Sort of like the shock and awe the Iraqis felt one night in March of 2003.
But why do you ask?.... The Russian army was less than impressive except in their ineptitude. Certainly you don't think THAT is how a country should be invaded, do you?
Seems to me Putin thought it was going to be a walk in the park and just sent in the boy scouts.
Every country knows we've been shipping inflation overseas for decades, they are tired of it; and Russia holds the cards due to an abundance of natural resources.
But why would China need more of its own money? China and Russia both need as much hard currency as they can get. Doesn't have to be US $$. Could be the Deutschmark. Unless they're planning on paying for their imports with gallon jugs of oil. Nobody (who is anybody) wants rubles or renminbi in payment for whatever they sell to Russia.
Russia is moving troops from the east to the south because they are getting their ass kicked in Kherson..and they weren't making much headway in the east anyway..lol..
Russia and Ukraine are major global wheat suppliers, and the UN-brokered agreement they signed in Istanbul last week is intended both to ease the food crisis and reduce global grains prices that have risen since the Russian invasion. https://worldabcnews.com/ukraine-gra...official-says/
Russia is not trying to take over Ukraine. They could have done it in 3 weeks at the onset. Sanctions are hurting them but they are making billions on energy. They called the West's bluff and are backing currency with real stuff vs. imaginary dreams. Winter is coming for the West - not Russia.
They certainly were trying to take over Ukraine - they couldn't take over anything in 3 weeks. They are losing way more than they are making with their energy being sold at a discount and buyers going away. Russia is in real trouble - they can only prop up the facade so long before they collapse - their economy is in the tank right now.
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). The tire really takes off...