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Putin Puts Biden's King in Check
Martin Armstrong Economics ^ | March 25, 2022 | Martin Armstrong

Posted on 03/26/2022 1:04:15 PM PDT by arthurus

Removing Russian banks from SWIFT but leaving the energy intact so Europe has power, was so brilliant they obviously never played chess. Putin just put Biden’s king in check by ordering Europe to pay for gas now in Rubles. That will provide support for the Ruble, and undermine Europe and its Euro as well as the dollar in the long run.

(Excerpt) Read more at armstrongeconomics.com ...


TOPICS: Business/Economy; History
KEYWORDS: economies; econotards; finance; rubles; swift; trade; ukrainicorns
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To: for-q-clinton

Putin will take Chinese Yuan as well to fulfill the existing contract. Europe said no to that as well.


21 posted on 03/26/2022 1:46:29 PM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: srmanuel

Oil is fungible, if China buys Russian oil, the EU can buy middle eastern oil


22 posted on 03/26/2022 1:48:05 PM PDT by McGavin999 (To shut down the border tell the administration the cartel is smuggling Ivermectin )
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To: McGavin999

True, but Russia accounts for approximately 10% of the world’s oil supply, if the ME doesn’t increase capacity which they are likely not to do, then everyone is going to pay unbelievable prices for that oil.


23 posted on 03/26/2022 1:51:47 PM PDT by srmanuel (`)
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To: arthurus

Russia and China did not join the US/EU green lunatic suicide pact. Russia, despite this catastrophic debilitating war with Ukraine, and China will ultimately become stronger while the US/EU will become weaker and crippled by the green lunatic poison.


24 posted on 03/26/2022 1:58:57 PM PDT by allendale
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To: McGavin999

This article explains why the Germans are still going to be buying Russian oil—no matter what they publicly claim:

https://webcache.googleusercontent.com/search?q=cache:https://www.politico.eu/article/why-is-it-so-difficult-for-germany-to-say-no-to-russian-energy/


25 posted on 03/26/2022 2:04:29 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: arthurus

Putin is playing chess. Biden is playing tic tac toe.


26 posted on 03/26/2022 2:14:35 PM PDT by Fiji Hill
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To: srmanuel

I would imagine that they have peer to peer trade agreements with Russia already. And the Oligarchs moved their money off shore ages ago. It’s so hidden the US treasury department will never find it.

If they were targeting the Russian Oligarchs, this failed miserably. Our Government thinks these rich guys are stupid. They are five or six steps ahead of them.


27 posted on 03/26/2022 2:17:54 PM PDT by Vermont Lt
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To: Vermont Lt

I think people fail to realize the idea that Putin would invade Ukraine happened in the last few months are mistaken.

Putin has been planning this for a long time and has contingencies in place, the sanctions are going to hurt Russia but they are going to hurt the West as well.

we have a demented fool as Potus who every day is making the situation worse, his staff has to walk back everything he says, which only projects weakness to Putin.


28 posted on 03/26/2022 2:46:30 PM PDT by srmanuel (`)
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To: for-q-clinton

I guess we see who blinks first. Russia could always ask to be paid in gold or bitcoin.


29 posted on 03/26/2022 2:47:14 PM PDT by bhl
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To: arthurus

Who runs Bartertown?


30 posted on 03/26/2022 2:50:19 PM PDT by McGruff (Biden - There's going to be a new world order out there and we've got to lead it)
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To: bhl

They can ask but contractually they aren’t able to demand it.


31 posted on 03/26/2022 2:59:20 PM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: srmanuel

Actually Long-Term I think this hurts the globalist agenda. This is a wake up call to America to bring home production.


32 posted on 03/26/2022 3:00:15 PM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: ifinnegan

Europe needs Russian oil a lot more than Putin needs their money. He can find plenty of buyers for his oil. India and China are already obliging.


33 posted on 03/26/2022 3:58:22 PM PDT by Kazan
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To: for-q-clinton
And if Russia doesn’t sell their gas/oil they get $0

They selling it already to China and India. There is never going to be a shortage of buyers for oil and gas.

34 posted on 03/26/2022 3:59:50 PM PDT by Kazan
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To: Fiji Hill

Biden is playing tic tac toe.
_____________________________

Assuming he can hold a pencil and distinguish an X from an O.


35 posted on 03/27/2022 1:50:51 PM PDT by reformedliberal (Make yourself less available.)
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To: bhl

looks like Russia blinked
https://www.msn.com/en-us/news/world/germany-calls-russia-s-bluff-in-gas-dispute-it-looks-to-have-worked/ar-AAVFtKE?ocid=msedgntp&cvid=e03d0105cff4422eb58bc7bf536b76a9


36 posted on 03/30/2022 4:28:28 PM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: arthurus

Martin Armstrong word’s of wisdom:

“Putin Could Take All of Europe in the Blink of an Eye”

https://www.armstrongeconomics.com/international-news/politics/putin-could-take-all-of-europe-in-the-blink-of-an-eye-its-time-to-be-awake-not-woke/

Putin’s “ airforce could flatten Ukraine and probably win the war in a matter of days. “

https://www.armstrongeconomics.com/world-news/war/comment-from-inside-ukraine-lack-of-peacemakers/

“The Ukrainian city of Kherson has now fallen to Russia. This is a vital port city for Ukraine. They cannot win against Russia. “

https://www.armstrongeconomics.com/world-news/war/ukraine-reality/

Why does anyone pay attention to what this moron has to say?


37 posted on 01/21/2023 7:51:20 AM PST by Renfrew (Muscovia delenda est)
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