Russia & China hatch sanctions busting plan to limit use of dollar


RT has the article Russia & China hatch sanctions busting plan to limit use of dollar.

Amid a worsening stand-off between East and West, Russia and China are increasingly contemplating using their own currencies in mutual settlements and finding ways to work together to counter sanctions, Moscow’s envoy in Beijing has disclosed.

There cannot be many people in the world who have any significant economic power that are not aware of this effort. Putin has been quiet in bruiting this about of late just in case the Biden administration is asleep at the switch, and thinks the USA can impose sanctions without the USA paying an unaffordable price.

Maybe the sanction threat comes from the same Biden administration that thinks that putting five thousand troops in Europe is a sufficient threat to counter the 170,000 troops that they say Russia has at its border with the Ukraine. Is there anybody in the USA that is not laughing at Biden’s troop “build=up”?

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