On Thursday, United States Treasury Secretary Janet Yellen warned Russia and China they will face substantial difficulties as they seek to replace the United States dollar in international trade***
Janet Yellen has such a brilliant track record of getting her ecomics correct. 😕 Russia and China, in concert with key player (in the 'reserve currency' saga), Saudi Arabia, are constructing an alternate global economic system... Ms. Yellen is waving a penalty flag - of her own making - and snickering.
Russia and China have been purchasing gold by the tons; the U.S. has ... Uh ...
I heard a report this past week that the Bitem Administration has notified Russia and China that the only cease fire in Ukraine that the U.S. will accept is Russia's complete withdrawal from Ukr territory. Now this is truly Wonderland! That is not a cease fire; that is a complete surrender. Plus: China cannot negotiate a settlement in Ukr without U.S. control?
The one consistent fact about the Bitem Admin is that they all seem to live in fantasy! I mean, a nuclear control expert that is a cross dresser who steals other people's luggage off of airport turntables. A transportation secretary that couldn't even fix the pot holes in his city's streets as mayor.
I will retire to bedlam.