Sunday, July 24, 2022

Russia And China Officially Announce They’re Taking On The Dollar With A “New Global Reserve Currency”

It shouldn’t be any surprise to those paying attention that Russia and Communist China are strengthening their economic ties amidst continued Western sanctions on Russia as a result of the country’s war in Ukraine.
The BRICS nations to develop “reliable alternative mechanisms for international payments” in order to “cut reliance on the Western financial system.”

President Vladimir Putin said Wednesday that Russia is rerouting trade to “reliable international partners” such as Brazil, India, China and South Africa as the West attempts to sever economic ties.
“We are actively engaged in reorienting our trade flows and foreign economic contacts towards reliable international partners, primarily the BRICS countries,” Putin said in his opening video address to the participants of the virtual BRICS Summit.

Putin and China just did the unthinkable and the West is in big trouble

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