Ukraine mega thread

[over the mountain]

Originally Posted by CRedskinsRule

An interesting thing, as we levy these various sanctions. Russia has pegged (or is about to in May) the ruble back to a gold standard, and is on the verge of only selling their oil for gold or rubles.

I will admit, this is an interesting tactic, and if they get enough buy in, maybe it blows up the underbelly of the US banking system. Certainly there are a lot of fearmongers out there that have been warning of it from China for a long time.

I still have this bad feeling that Putin is just playing the western leaders like a fiddle. But maybe he's just a maniac.

i read china has agreed to use the euro with russia oil. this goes back to iran wanting to have OPEC use euro 4-5 years ago. smart move if they could ever get all the moving (and sometimes warring) parties n'sync.