marathon

Russia is a kleptocracy, a massive mafia state run by a dim-witted dictator. All this vatnik propaganda is wild, man. If their economy is so good, why can’t they build any more T-92s? Why are they using defective artillery shells they bought from NORTH KOREA?! Give me a break!

I think you're a little confused. Replace Russia with Ukraine and then you'll be 100% accurate. Being a Russia hater with nonsense like this, doesn't look well on you. Do some research and you'll learn that the production lines are booming. Of course you won't get accurate information from our MSM.

Never use Wikipedia for political/finanical news. It's not reliable. There is a reason school/universities don't allow it either.

Whelp, best pour on more sanctions then.

Yes and invest in digital currency!

I checked a few sources and I can’t find any “official” site claiming Russia to be 4th? I can see one saying 8th and I can see gdp per capita isn’t great

Read the story, you'll find his sources and methodology.

How long do you think that will last with the US dollar no longer the reserve currency of the world? lol Saudia Arabia announced that they will no longer be using the USD as the petrodollar.

Saudi Arabia has recently decided not to renew its petrodollar deal with the US, which has significant implications for the global financial landscape. The petrodollar system, established in 1972, has been the cornerstone of global finance, with the US dollar serving as the dominant currency for international trade and oil transactions. The deal’s expiration on June 9, 2024, marks a watershed moment, allowing Saudi Arabia to sell oil and other goods in various currencies, including the Chinese RMB, Euros, Yen, and Yuan, rather than solely in US dollars.

This development is expected to benefit Bitcoin, as the US inflation rates could rise unprecedentedly, eroding the value of fiat currencies like the US dollar, prompting investors to explore alternative assets. The shift away from the petrodollar could also result in more US dollar creation to compensate for the loss of its global oil trade monopoly, potentially leading to inflation.

Saudi Arabia’s decision is part of a broader trend of countries shifting away from using the US currency in international commerce and oil transactions. The country’s participation in Project mBridge, a China-led central bank digital currency (CBDC) project, is another significant development, as it aims to simplify cross-border transactions with CBDCs and is compatible with the Ethereum Virtual Machine, implying wider integration of digital currencies into mainstream finance.

The implications of this shift are far-reaching, with potential consequences for global financial stability, trade, and the value of the US dollar. As countries like Saudi Arabia look for alternatives to the US dollar, including digital currencies like Bitcoin, the ramifications for crypto markets are significant. The end of the US-Saudi petrodollar deal marks a significant departure from the petrodollar system established in 1972, when the United States decoupled its currency from gold, and is expected to accelerate the global transition away from the US dollar.

Long story short, don't believe the MSM narrative that sanctions are working. They've backfired and hurting the western economies more than ever. Especially Germany! Our current leadership in the West are fools, led by a demented old man who can't remember what he had for breakfast.

Hey Shadow: Is the mechanism for donations, now active?

OK I'll check again at the end of June. Tanks.

but probably not by the end of this month. Following for sure

Hey Shadow: Is the mechanism for donations, now active?

Yup, sanctions are working ... /s