As Russia shifts away from Western-dominated financial systems, Putin said they are “ready” to part with its $300 billion in frozen stolen assets…effectively accelerating the end of the Western Empire.
Huh?
Yes, you read that right.
And Putin also said it is a price probably worth paying for.
Translation: Putin knows this is a situation where he won’t see the funds handed back for anytime in the foreseeable future.
Ironically (or NOT) the current plan for the $300 Billion is to fund Ukraine’s defense based on interest earned on the significant assets.
And thanks to O’Biden, this plan is already in effect, after having announced that it disbursed a $20 billion loan for Ukraine, to eventually be paid back using interest earned on frozen Russian Central Bank assets.
That ain’t gonna happen.
Not surprisingly, this comes at a time when Russia continues strengthening economic ties with BRICS (Brazil Russia India China, South Africa) countries.
End of Western Empire?
In Case You Missed it…the BRICS alliance has been growing and gaining strength in the global markets since its beginning in 2001 (South Africa joined in 2009).
On the surface this may seem like a crazy move for Putin to simply say goodbye to over $300 Billion in frozen Russian assets.
However, the term “Frozen assets”, or “civil asset forfeiture” are nice names for THEFT.
And it’s similar to calling pedophiles, “minor attracted persons.”
But…and this is a Very VERY Big Butt…
This may be a genius move on Putin’s part.
Because he literally just baited the West to sign their death warrant if they complete the steal of the $300 Billion.
And it will only supercharge global de-dollarization!
As a result, it opens the door for China to take over the world Reserve Currency…which will eventually happen
But it won’t be overnight.
As we have said many times in the past, before the dollar loses its world reserve currency status it will rise to unimaginable heights.
And in the process destroy the global bond market because most foreign bonds are issued in dollars.
Learn how the BRICS (especially Russia) play an important role in the inevitable changing of the guard in our upcoming July edition of “Simplifying Wall Street…In Plain English” (HERE).
Share this with a friend…especially if they can’t imagine the End of the Western Empire. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
“And you shall know the truth, and the truth shall make you free.”
~John 8:32~
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