Is US-Led West Kicking Russia Out Of SWIFT Over Ukraine War Exactly What Putin & Xi Jinping Wanted?
Vložit
- čas přidán 18. 06. 2024
- Following the invasion of Ukraine, the US and Europe decided to throw Russia out of the SWIFT banking system. A move that was intended to cripple the Russian economy amid sanctions from the west. However, experts claim Russia and China were in fact waiting for this opportunity to disrupt how oil is traded around the world. In this week's Decode we look at Petrodollars and why is it under threat from Russia?
#Petrodollar #RussiaUkraineWar #US
0:00 - INTRODUCTION
1:54 - PUTIN’S ‘MISSION UKRAINE’ PUTS AN END TO THE PETRODOLLAR SYSTEM
5:46 - WILL EXIT FROM SWIFT HURT THE RUSSIAN ECONOMY?
CRUX is your daily video news guide to the big events that are shaping our world. We track news, geopolitics, diplomacy and defence strategies and explain how they shape national policies. Crux makes sense of global developments, and analyses their impact on daily lives.
Follow CRUX on Instagram (@crux.india): bit.ly/3qSFx1K
Follow CRUX on Facebook: bit.ly/2Lte7iF
#GetCloserToTheNews with latest headlines on politics, sports and entertainment on news18.com bit.ly/2Y4QccL
Also watch:
Crux Decode: bit.ly/3MjzIoG
Crux+ : bit.ly/35mm97B
Crux Most Watched: bit.ly/3KhJ8iX
US is isolating itself faster than isolating Russia or China 😂
that's good thing. Time to end american hegemony this time for good
Yes 🤣
@@simplyyellow6240 yes
@@simplyyellow6240 _Ditch the US dollar.Let the 2 tyrants,Israel's shekel and the US economy crumble!_
@@irwan3064 Viva Humanity ✊🏻
US- "Get out of Swift"
Russia - " No USD for oil"
CHECKMATE for US 😂😂
Let see how all these unfriendly country suffer from crawling to find rubles😅
Third world people don’t understand how things work.. 😂
Russia headed by Putin - DISASTER. All he thinks about is how much he will pocket and lead Russia to more economic disaster as long as he sits there
Checkmate for India! We will have our revenge on Russia for selling weapons and intelligence to china/pakistan to use against India. For now we have to force russia to sell oil cheap.
@@nsevv have mercy on your soul.
So Putin knew he will get kicked out of SWIFT and he already knew what to do after the fact. Thats Genius move
Isn't it obvious move by US? Sanction and swift ban or whatnot... They just had to prepare it and move... Heck, even Putin does half heartedly invading Ukraine, He just want to start this chain of events maybe
Putin has openly complained about US dominance in this area. This is why BRICS was introduced, to offset and perhaps bring US dominance to its knees
I will say genius if he didnt involve the civilian hospital and school to kill..he is devil and dom leader mental dissorder
Just wait and see what is coming
@@m.cheartland5519 Just a gullible teenager to believe those fairy tales like "white helmets" and 'Freedom fighters", if US actions in Syria, Iraq, Libya doesnt tell you anything.... maybe Hollywood movies and Hillary´s kool aid are affecting your perceptions. Please feel free to condenm the US backed Maidan coup that took nazis to power and to the army back in 2014, shelling Donestk/Lughansk regions for 8 years killing 14.000 ukranian civilians just because they speak russian and oppose the nazis. False flags commited by western proxies are well known in the recent history.
A world without a dominant currency is gradually emerging as countries trade in their own currency. When there is no one currency dominating the finacial system, it will be good for the world economy. Any country imposing deliberate sanctions will do so at their own risk.
We don't need a dominant currency in this free world. We can't let people decide how we should sell our products
Sorry, 50 years ago every country had its own currency. Now it's the dollar and the EU ... This will never revert back to the old system.
@@scottrevell2706 it will and nothing can stop that now
Or trade in gold
Good Luck shipping all your goods with your Blue water Navies
Most important part --It will save Asian countries from financial mess --Finally RUSSIA has taken economic and political leadership of ASIA!
King is back
LOL
Agreed... because military reinforced hegemonic economic ambitions of patriotism flags is over......
economic prosperity never was confined to power... especially military ambitions... that is applying to all fading jurisdiction and sovereignty of nations.. and their patriotism flags of the world.. hmmm .
Russias economy is bleeding. China and India will tussle for a leadership. Russians are no where, just some nuclear weapons dont make you a leader u gotta have money.
@@Truelust29 nope
When Russia issued the statement that their energy transaction will now be settled in Ruble, it immediately became clear to the world that Putin has been playing chess in 5D all this time while the West was playing checkers. Lol!
Bam 💥 I said it months ago ,that Putin is a very very intelligent man ,the most intelligent president I ever seen ,that he is a chess master and he had the pland for decades .
One fool text me back and comment that he is not a chess player and point out the way things are going in Ukraine and Russaia economy is in the toilet but this fool can't see a chess master play 5 to 7 steps ahead he can only see what's in front of him .lol
yes, the conflict in Ukraine has MULTI-DIMENSIONAL LAYERS.....and the West starts understanding them only now....
He played chess with 1000s of his people's lives.... POS
No country will comply to that since it violates existing contracts.
No Russia has to sell oil and GAS to China and other states for pennies.
If 5D chess is ruining your own economy for decades and dooming your youth to a grim outlook, well, then I guess he did play "5D chess". But to me it seems he just messed up.
@@Steril707 Even swift is an international contract and agreement. If countries can simply go against all contracts in the name of sanctions, then Russia also has the right to change terms. Buy or freeze in cold.
It has been challenged before: Iraq, Libya And Venezuela.
small countries.....now it's China and Russia...different ball game
BUT RUSSIA LEADER VLADIMIR PUTIN, SAUDI ARABIA PRINCE, SYRIA AND CHINA UNDERSTAND IRAQ, LIBYA, AND VENEZUELA. SO RUSSIA LEADER VLADIMIR PUTIN, CHINA, SYRIA SAUDI ARABIA WILL NOT LET THAT HAPPEN TO THEM, THEY HAVE CLEVER MIND....WITH WHAT THEY SEE HAPPEN IN IRAQ, LIBYA, AND VENEZUELA...RUSSIA LEADER VLADIMIR PUTIN WATCH VIDEOS MANY TIMES HOW USA DID LIBYA PRESIDENT..THOSE VIDEOS LET RUSSIA LEADER VLADIMIR PUTIN THINK AND BE CLEVER TO FIGURE USA AND NATO ..
@Dennisestrada oh then you know very less
And the leaders of those countries got killed... now they want Putin dead... Coincidence?
not this time with a country capable of mutually assured destruction
As a Russian, I'm proud of My home Country...
Most of the world are.
@@boskojaksic1233 you know how Patriotism work
@@user-Erimej I dont understand.
@@boskojaksic1233 well, it's very different from Nationalism
@@user-Erimej Of course it is.It's love for your country and people.
This is every non-US people dream. 🤩
Down to Dollar currency
Yea, that's why everybody's paying a king's ransom to get into America. Right.
@@markfurman4386 The US should be Nuked to Oblivion
@@markfurman4386 What do you mean? It's free, open borders easy entry :D
@@markfurman4386 they didn't know this was coming otherwise they would have thought twice...
@@skyemilk $20,000 to get from Ghana to the northern border of Mexico.
Even india is trading oil and other comidities in indian rupees with sri lanka recently
bit scary considering how fragile the indian rupee is. hinged on ru. trade
Jai Bharat.
Having option to pay in any currency = Democracy.
Only forced to pay in USA dollar = DUMBmocracy
yes in this problem we sri lankan fully support India
@@HafiZzZzZz No one is FORCED to pay in U.S. dollars. It is the currency of choice for most countries due to its convertibility, fluidity and stability.
@Prathik absolutely
The outcome of the war in Ukraine is irrelevant, the damage done by weaponizing the USD will not go away, even the Saudi's are moving to dump the USD as the sole currency for trade as seen by resent discussions with India, the USA doomed its own economy...
That’s why our economy is thriving right now right?
Exactly. Biden just ended Pax Americana.
@@mfg587 what economy is thriving?
And The winner is China...
nope they didn't dome their own economy and it's not going to impact their economy that match. china might have a large economy comparable to u. s but the Independency of their economy china lost while Russia has great independency in economy but they far smaller economy than u.s, cana has more oil than Russia how can Russia end petrol dollar isn't to far.
We will never know what is really discussed in secret between leaders of different countries, but I strongly suspect the tendency of the US to unilaterally employ brutal sanctions (actually warfare) against various non-compliant countries the last twenty years or so is a great concern to most leaders. They could see the day that they, themselves, may find themselves in the sanction cross hairs. The only way to avoid that, is to gradually start making alternative plans = i.e. back away from US influence by abandoning the dollar. Surely these leaders (Middle East, Asia, Africa, South America) have talked amongst themselves about alternative arrangements. This Ukraine crisis and Russia's defiant stand against the collective West was just the final straw. Interesting times indeed.
Very correct...
And the irony of the latest development is that it is the biggest gift to the rest of the world by the US regime........the beginning of the end of the USD as the world's currency. Every independent and sovereign country would be happy to see the end of a tool of state terrorism.
No more manifest destiny
Manifest destiny becomes Manhandled destiny 🤫🤫
The last twenty years? The US embargoed Japan and almost collapsed its economy. They didn’t do this because Japan was attacking China, they did this because they knew Japan would attack them (retaliation for the US’ attack on them via embargo) which would allow the US to enter the war in Europe since Japan and Germany were allied. It also allowed the US to test their new bombs on live subjects. Never before and never since have innocent civilians been bombed on that scale. The bombs were murder and war was the excuse.
Finally a video of CRUX saying facts
where, is it hiding behind this video for gullible fools?
The watchers of this video need to educate themselves on economics and not be fooled by the "facts" presented based on false assumptions this video makes.
@True News us bot, world has changed. information warfare is not something that public dont know
@@hifinsword American fof
@@hifinsword You keep whoreshipping Mammon, your money god.
God will make a way and always let the oppressed WIN!
Since when?
@@rido1274 😢👍🏻 "A million candles burning for the help that never came.
You want it darker? We'll kill the flame."
~ Leonard Cohen
Then God will help Ukraine.
More like arrogant nation will fall.... Don't forget follow the money 💰💰💰. Either via proxy or directly to families politicians in power
Amen indeed, wicked Satanic demonic America will fall.
nobody is going to want to be under the thumb of sanctions. the sanctions went too far to keep the status quo. when another country has something you need, they have the upper hand. germany is in a very weak position as they need russian gas. they can also get it somewhere else but will pay triple.
Who will get sanctions realistically?
I hope all countries follow closley and realise that they should break free from US chokehold immediatly and don't depend on the air based US dollar which will be worth nothing without the backing of oil. Its just a matter of time when it will implode, but implode it certainly will.
@@fv5855
But the west is solving climate change social justice and focusing on gender pronouns and feminising their men
Lol
Good luck anyway
All thanks to Merkel
That's because they've shutdown almost all their nuclear power reactors and are heavily dependent on renewable energy and Russian gas.
To remedy that, they need to revive their nuclear generation and depend less on Russian gas.
being part of the 'swift' system means you are beholden to the americans. it is time to diversify and join the russians and chinese payments systems as well. it is always wise not to put all your eggs in one basket.
We need a diversified payments systems & not only Russian & chinese, otherwise it will lead to this same situation.
TRUTH WATCH RUSSIA , SAUDI ARABIA, SYRIA, AND CHINA RIDE. NEVER PUT YOUR EGGS IN ONE BASKET TRUTH.
@@BlackHawkTejas Don't believe china or Russia can do what USA is doing by catching up money for free. This is a gangsters.
Thought alternative system was called BitCoin ?
@@chandangautam293 I'm talking about multi-polar world & not Russia-china specifically. India, Israel, UAE, etc.. can also be an option. It's not about what Russia or anyone can or cannot do. US is unreliable as F**k & can't gets it's house in order. Multi system is required without any single party getting too powerful. Time is a great leveler, the world doesn't need to be tied to US & west system. As it stands they have weaponised economics, trade, $ etc as weapon & the rest of the world has taken notice of it. It ain't about Rus or china alone, get out of that thinking.
This is called Self inflicted wound.
Play with fire, and don’t expect to get burnt?!?
US and EU have a death wish. LOL 🤣
nice! Russia has fallen into the trap US laid for them.
@@nsevv what trap is that?
yupp, russia surely got burnt
@@wayofthewonderer You’re not too smart, r u?
We all WANTED Petrodollar to END...
Hope it come true soon.
Sick and tired of America telling the world what to do.
Ugh so truee
They are not telling anything, just paying to every friend the money US people let them print for free.
So it's just a world legal problem nobody want's to face, understand or take care of. Are Russia or China doing the same & to what extend ?
Bravo CRUX. The best explanation about the threat of Petrodollar from Ukraine crisis.
At the end of the day russia will win the battle. And broke Ukraine into two pieces
Now it all makes sense
VENIZULA SRIYA LIBYA IRAQ.....
SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
So endless loans , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷♂️
Once confidence and reliability is gone, the system collapses
This is why they fear putin...He a genius...
Yes putin is genius hehe
It's okay mainland c.will bail out USA 😂😂😂 200.000+- acres mainland C. Owned farm land in us
@@ayahpinkofficial2769 LOL! His IQ is lower than his age.
@@ejs7861 If war breaks out, it all is lost. Along with all foreign debt to China. Any country can declare war on China and all debts are null and void.
MAKE THEM PAY !!!! GREETINGS FROM SERBIA !!!
How are your country now, is everything okay, am very sad for what America and NATO did to your country.
@@fv5855 😂😂😂😂😂😂 You wish !!! 😂😂😂😂😂😂 India,Pakistan,China,Brazil,.S.Africa...S.Arabia,Irak,Iran,Venecuela (counting?)...All bigest oil producers turned their back to USA and EU. THEY ARE GOING DOWN FAST !!!
@@busy4853 Serbia is dirt poor compared to its neighbours.
I'm super impressed with Putin's move. I even have more respect for him now.
I always had respect for the dude he's a smart man
Putin has got this totally wrong. He is now a dead man walking. He cannot win in Ukraine and the only way Russia can extricate itself is to get rid of Putin.
@@ianhollands1641 Continue allowing the West to brain wash you with their false News. You keep saying ukraine is winning upon all the desert and ghost town Russia has turned their cities too. Is it until they turn the country to hell fire that Russia will start winning?
@@mukhtarrimi9713 Wake up kiddy try to join the big boys.
@@ianhollands1641 Brother putin is playing chess. Yes he don't want nato on his border I agree. Hitler and Napoleon are Nazi and the country there from is a member of nato. Putin wanted to leave swift but couldn't. Ukraine War did just that. The United States and nato kick Russia out of swift. Now he sell his natural gas and oil on the market. Saudis and Iran the three biggest oil producers is now making deals with China, india and abroad. Saudis is not talking with Biden. Russia is now using SFPS and China is going to use there CIPS system to challenge the American dollars swift system. They played right In to putin hands. It goes deeper my dude. U got to listen to both side and real report. Putin know what he's doing China do to.
This has to happen, for decades now US is enjoying the status of stable and rich economy on the backs of other countries. One of the greatest advantage of US is its gold reserves.
US has no gold reserves
@@gm2655 Exactly, Fort Knox its empty.
US is bankruptcy long time ago...they only survive because the world give oxygen to them....If we stop trade in dollar they will bankrupt less than a years...unlike other country with resources ...
Haha. We have 2,000 tons of gold. Russia has less than half as much, China has 600 tons, much of it acquired fairly recently through it's efforts in Africa. Pay more attention to the Comex.
@@markfurman4386
But China has world largest reserves near 4 trillions three times more than US and largest creditor of US debts 1.3 trillions ...
Well played Mr. PUTIN. Well played👏
czcams.com/video/_xdmHYK5AvE/video.html
You do know people ARE DYING BEC OF HIM, right? How you can cheer on a murderer is appalling.
Libya , Iraq, Syria tried the same but failed
@@minyoung823
Even more died because of america
@@fogbullit1000 i know. But RIGHT NOW it is Putin killing Ukrainians. You gonna cheer him on to continue killing Ukrainians bec you hate the Americans? Where is the logic in that?
Another Putin's brilliant move. Long live Russia!
Ru$$IAN bot$
LOL! Nice try, Russian troll. The Russian military can't fight its way out of a piss-soaked paper bag.
@@gaoxiaen1 don’t see Mariupol in google maps no more
Long live Putin , long live Russia .
Long live Putin from india
It looks like everyone is tired of American hegemony 😅😅😅😅😅
This is a good news. Makes me like Vladimir Putin even more 👏👍
@@fv5855 trading is not considered only oil n gas, its all the commodities everything you use, eat n wear are imports/exports, and we're not talking about Russia alone when I say $, €, £ value will drop. If you're saying 141 will trade with each other's only, then you will pay very expensive in your shopping market.
In another term, 141 countries is not even half of the world populations, China, India, Russia alone are almost half of the world populations, if you including all the countries who will not wanted to trade in $,€,£, the value of $, €, £ will drop in demand. E.g. 10 people demand for the apple, but now only 5 people demad for the apple, your profit margins has already dropped. If you wanted to maintain the same profit, then you will have to increase the price, that 5 people buying the apple is equavelent to 10 people. I hope I've explains it clearly, it seem like I am going in circle. My apologies.
Other reason that the value will drop, is when you're traveling to certain countries, you will not be trade in $, €, £. Last week, China and Saudi Arabia are already traded in Yuan. Indian and China has traded in rubles from Russia.
Petrodollar is no longer in power of the world.
Russia will only lose trading partners with 141, maybe, but not to the rest of the world. Think about that a bit.
That's the best way to go, selling in local currencies will further reduce inequality
that isnt how it works
LOL, if you think it was unfair so far - wait for the time when China and russia Are in control…
Yes, Russia and China will be wonderful partners for you. Enjoy the oppression
@@takingdownbotsprofessional6215 I want them to control
@@takingdownbotsprofessional6215 When China and Russia is in control then you would experience what it means by fair.
Without a doubt he is fighting against all odds and in very différents fronts, this is his destiny and he will succeed it or dye trying
its incredible to watch
Of course it’s Middle Eastern people agreeing with putin lol
He will win this game.End of US hegemony and petrodollar just accelerated. With inflation US and Europe economy will cripple and China will emerge as largest economy by 2026. Then China will decide which currency they wanna trade. Take or leave it....China already centre of world economy....Africa,Asia,ASEAN and South America will follow. End is near for US for all the atrocities US did to the country that can't defend itself......
Indeed...the way he is handling all of west single handedly is impressive
Yes you are right brother. I hope so it happens sooner.
This. Is. The. Moment. To finally break free from US clutches 👍😊
what a mastermind Mr Putin😎 let's hope we'll live through these tough times 😅🙏✌️
Putin is a Mass Turbator, not a mastermind
@@fv5855 shut up western spamming bot
@@wtfatc4556 haha 😆
@@fv5855 @FV is not that easy, has there been a feasibility cost on this, how expensive would that be for consumers? Instead of doing such project, which will span at least a decade to be achieved, why not use the current situation, ie Russia's reserves, nordstream 2 etc? Why not integrate Russia in Europe, along with Ukraine of course, but let Russia guarantee security, thus EU avoids spending hundreds of billions in their own army and use that money to develop its poorer nations!? USA can focus and Asia/Africa/MiddleEast to spread democracy and capitalism, help those nations develop!? This looks like a great solution to me, maybe is not too late to shift things around ¯\_(ツ)_/¯
@@fv5855 okay well and russia will trade with another country with low price
Well this is good news. Dollar monopoly needs to end
Easier to counterfeit other currencies.
@@crand20033 A good copy machine can counterfeit US dollars.
@@annabellelee4535 Easy to spot counterfeit US paper money. Hold it up to the light and look for watermarks. Look for a color change from blue to black on the denomination.
@@crand20033 Do you really believe that every bill will be examined? It is estimated that 1 note per 4000 genuine US notes are counterfeit.
@@annabellelee4535 Try to pass it and you could be arrested so make sure it's real.
A very good analysis. The recent Ukraine -Russia war has became a big blow to the existing American and European economic systems. If America and European Union do not adopt itself to the present challenges the European Union's single currency Euro will collapse along with the US Dollar in the coming few days. Ultimately this would lead either to the collapse of European Union or many countries would quit their membership with European Union.
Euro will definitely fall but US dollar will not. EU is on backfoot right now and will keep declining over the years. EU was already challenging the USD for a long time now but this conflict turned the tide in favor of Russia, US and China. US is already benefitting by war right now but it'll take some months for Russia. Meanwhile China will keep its stance neutral or say inclined towards Russia but having decent relations with West as well to benefit sooner than later. So in summary EU will be the sore Loser and Brexit was a wise & great move by Britain so UK will stay unaffected for the most parts.
More like Russian Rouble will collapse. Look out for those Russian bloggers now how miserable their life has become in Russia.
Dollar's climbing on the market. Crux hopes otherwise but overestimates it's own importance. Still an interesting channel, but not an authority.
@@dipankarmodak2213 life is not measured on or by bloggers, stop Yr fantasy
@@walthebrian1059 tell that to a North Korean vlogger. Pretty much sure in 3 months, Russia will look like North Korea
Whoever challanged the petro-dollar (Iraq, Libya, Venezuela, Iran... ) .... you know what happened. When US spent tons of money in Vietnam and France asked its money back, gold standard was "temporarily suspended" by US and then, petro-dollar system was introduced.
@jack Bamba but You know now China already is in Solomon Islands if CHINA+RUSSIA HAPPENS MANY MIDDLE EASTERN NATIONS ALONG WITH TURKEY AND IRAN AND NORTH KOREA CAMBODIA LAOS THAILAND AND MYANMAR MAY UNITE WITH THIS ALLIANCE NOW IF YOU TRY TO REMOVE SAUDI REGIME SORRY BRO THAT WILL ONLY INCLUDE SAUDI ALSO IN THE LIST WONDERING HOW WOULD EUROPE SURVIVE THIS WAR
This is going to be the revolutionary of the "BIG BANG" so get ready people!!! There's no turn around!
Good analysis, I know there’s going to be an end to the petrol dollar but never thought It’s going to be happen soon but from what is unfolding throughout the world it going to happen faster than expected
I concur never thought it would be this soon
Gone boys laugh about the dollar going down the toilet but the thing is it will never happen no dollar no trade no business
Glad the USAIDS will fall! GOD HATES "AMERICA"! I'm a US citizen, and I left the US, which is so arrogant it claims to be all of the continent.
@@scintillam_dei you did the right thing america is going to hell very fast.
Russia and China making smart moves for long-term success
Ru$$IAN bot$
LOL! They won't even exist long-term.
@@gaoxiaen1 neither will the U.S. only the Kingdom of The Most High is eternal
@@trophimus1 and to that I wholeheartedly agree long live jesus and long live the kingdom of heaven and to the rest I say , you can all go to hellfire with satan your father !.
@@gaoxiaen1 that is your mistaken perception ,better correct it while you still have time !lollll
We live in interesting times to say the least. No super power lasts forever. Especially one that's been known for bullying.
Now it all makes sense
VENIZULA SRIYA LIBYA IRAQ.....
SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
So endless loans , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷♂️
No one gonna give up without a fight.
Isis , covid , Ukraine
This definitely was what I needed to see as much as I been seeing and researching for my own knowledge & a few others. Thanks for sharing the stuff US news is designed not to share!!!!!!
Pres. Putin is a very wise, intelligent and calculative person, he knew omelette cannot be made without braking some eggs.
Well written by you!
U need nuclear weapon to do this. What happen to Libya.
🤣😂🤣😂🤣😂
Without petrodollars, US has lost its leverage..
Its a supidity if any country still support the petroldollar idea
It's one thing to be stupid, it's another when it's a status quo contract signed by the Beast.
20 years ago it could be considered stupid to boycott the petrodollar.
Even Europe doesn't support petrodollar
The U.S. dollar's global popularity does not depend on the good will of oil exporters. It is based on U.S. status as the world's largest economy and goods importer, with deep, liquid capital markets backed by the rule of law as well as military power. Let me put it another way, Russia has 1.9% of the worlds GDP while the US has 24%, add in the EU’s 50% and then add in friendly US Allie’s and they control 75% of the worlds GDP. Do you really think that rest of the world is about to follow a country that has become a pariah and represents less then 2% of world GDP?
@@JimCOsd55 Venezuela, the country with The LARGEST reserve in the entire world = best friends of Russia after America tried to put their puppet on the throne for years and tried to assassinate him for over 5 times already. Suddenly few weeks ago America tried to talk with Maduro 🤣
SAUDI and UAE, America loyal servants are refusing to talk with the US, also not condemning Russia. Meanwhile they are inviting and talking with Assad = Russia ally
China.. Have you watched the statements being done by their government about America and NATO lately?. Now they also want to create a new system with Russia.
Israel holding out from in the voting in the UN as how the US wants them to do
India defying America and continue buying Russia
Iran, another oil exporting country that the US has been sanctioning for decades, just out of nowhere America wants to talk with them to pump oil (did you know the sanctions placed on the country was to make it impossible for them to sell their oil? And no, its not because they are building imaginary nucleair bomb lol)
It's not a coïncidence that AMERICA has always attacked or done a REGIME CHANGE to countries that challenged the petrodollar or has/had a huge amount of oil in them, COUNTRIES WITHOUT NUKES too.
Things are changing like we have never ever seen, believe that
@@isaacattah8212 … All true but you forget where sanctions will hit Russia hardest, the parts and maintenance needed to keep their vast oil fields running! Venezuela was hit with sanctions in 2018 and their oil production has dropped from 2 million barrels a day to 400,000 barrels. But that’s down the road for Russia, today their biggest problem is banks and insurance company’s won’t finance shipments of Russian oil!??
Russia is always 5 moves ahead of USA. Russia is so smart
@Dennisestrada Last time I checked US ran from Afghanistan lol
@Dennisestrada You believe that 5000 Americans soldiers died lol. Don't believe everything poured by media
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on the govt. Especially with the current economic crisis around the world, this is still a good time to invest in Gold, silver, crypto currencies (BTC, ETH....)
Investing has the best results when you trade under a professional guide, Ethereum or some other cryptocurrency is going to be the global standard of payment. It'll be of greater value than national Fiat.
Hello, I'm new to Biticon trade and I've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing worng?
@@Larry_Swanson580 All you need now is a professional trader else you will continue making losses
How can someone know a professional account manager that is trustworthy when legit ones are hard to find this days
@Susan Karen Thanks a lot.
Very well explained, so, in reality, the US fell on its own trap....haha
Right? It’s interesting right? The big guys playing chess and obviously the small guys will die in the process who can stop that really huh?
czcams.com/video/nXhQQd46e2o/video.html
czcams.com/video/qA29_IzBnGQ/video.html
czcams.com/video/xXBPKoqnsX0/video.html
czcams.com/video/rUja0J6mMds/video.html
Yeah, dummies and analysis make great jokes
As bob Marley say if u dig one grave dig two one for me one for you USA use sanctions to keep people hungry and poor
@@oralwilliams4632 and to keep them out of other peoples countries.
It's high time to end US nd European hegemony over global political economy
US and European hegemony is much better than Chinese.
@@vivekmehla9879 chinese the best
@5LAMPO7 that's been the rhetoric of the west, kinda an excuse of the whole fiasco of their own doing as oil price soars and now the incoming food shortages. The confidence in which USA racks up sanctions against russia, as people were told only 3% of russian oil are imported and not much to worry about but as soon as oil price hiked up, all the blame to Putin. Truly laughable to see. 3% of supply lost wouldn't make the price soar to 💯% and still climbing up.
@@fv5855 sanctions were not part of the contract, so putin has the right call. The reason why USA and Canada is not exporting to EU is because of the expense to which that would incur. With all the reserve of Canada, you might ask, why is Canada importing oil from the middle east?
@@fv5855 If your argument materializes, then EU would not be competitive. Gas and oil supply coming from north America is considerably expensive than Russian gas. While china and India gets a discount of russian oil and gas. As of now India's buying Russian oil at 25% discount.
I hope Zakka doesn't get Putin in his dreams... has been covering the news way too passionately these days ... Great work, thank you!!
The Beast of Putin will destroy and assassinated
when you wake up, you will finally see who the bad guys are... its not Russia..its those people who practice extreme capitalism
@@TsarOfRuss We need Dharmic Capitalism
ALL those who were against Russia will regret it in the future.
yes exacltly now after 30 days 80% of world population including usa smart intellegent one too all Asia and middle east South America and even Africa too
@@enkhsaruultorguud9293 80% ? Literally only us and nato has cut their relation with russia. Russia still have another country to do business.
@@fv5855 He will sell it to China, India...the West is going down.
@@fv5855 you are a clown. 141 is a fake number. The real number of countries that going to sanction and condemn russian is not over 40. The others stayed neutral. Even turkey not going to sanction russia. And sooner, many countries will get out of the swift banking system and that will hurt us dollar🤭
@@fv5855 yes putin sold 40% of russia gas to eu. Putin just need to increase his gas export to china and india and the problem solve🤭
Putin is exactly what the world (except west) needed and I hope he succeeds
Europe also needed Putin, EU is corrupted dump, European population hate their leaders which are USA puppets so, Putin is ending USA monopoly, it will end European troubles aswell, short term it's scary but for long term, it's better for EU
@@georgefenrirbitadze4757 yeah better for EU in particular if they can survive what's to come. I already see people protesting in Spain and Germany against inflation. Wonder for how long can they keep up their pressure on Russia before giving up
No thanks! India does not want to be poor like russia. We want to be rich like Japan. We will also have our revenge on Russia for selling weapons and intelligence to china/pakistan to use against India. For now we have to force russia to sell oil and commodities cheaply.
@@nsevv lol you are deluded. The average i dian supports Russia.
@@nsevv you don't speak for entire India. And your personal individual aspiration to be like Japan shouldn't be a policy that India should abide by.
And FYI Russia is already selling it's crude oil to India and it's allies, I don't see where this term "force" comes from
The dollar must FALL to end the devious web the world is in
You are absolutely correct
Let's all pray for the petro Dollars to END 🙏
Sinners replacing sinners means more chaos. Only Jesus can save the world, but first, the Anti-Christ will deceive the world.
It's good for the world except US.
All countries of the world must cooperate without America's participation.
Its good for the US too. Only the rich elite in the US wins if the system persist. Average workers like me who lives in the US will cough up more on taxes, inflation and lower standard of living. This is not sustainable to us neither.
@@PatriciaFreddy
And you think the elite will not reduce their loses by throwing it at you?
americans keep blabbing about democracy and freedom that they can't see that they are mere slaves to a small economic elite that control their whole lifestyle.
“Don’t underestimate Joe’s ability to f*** things up” - Obama
Well guys we had a good run. We could have led the world instead of destroying it 😔
We could have just not gave a fuck about "leading" a world and focused on our own domestic issues.
He did eff it up...check the article title "It all comes together..." in mia$mis$tan$dard.$news
Can't post the link or title properly as it gets removed.
🤭🤣😂🤣😂🤣😂🤣.........🤝🏻......👌🏻
Well it was about time. Don’t you think? Not nice to take advantage of people in the global south by not allowing their economic development in areas such as science, and technology.
@@strizhi_mir9252 I always thought if America spent a fraction of what it does on bases and bullying the world on their own infrastructure, healthcare and education. You could have been an amazing country for other to aspire to.
If I lost you when I said 'healthcare', it doesn't matter because I also said education aswell, which would mean you wouldn't be defending privatized healthcare
we love russian people
same here from China
We love their people and their government
West always underestimate Putin.
@@fv5855lol reverse chinese yen
It all depends on the type of oil. Venezuela for example has the world's largest reserve. However the quality of the oil isn't as good as middle eastern oil as it requires alot of processing to bring up to a good standard.
@@fv5855 you are running a propaganda
A TRUE STORY:. Putin is the heroic big brother who comes to fight on behalf of his bullied little brother (Donbass). Ukraine is the aggressor for the last 8 years, being stoked with Russophobia by their puppeteers (NATO), and unfortunately, destined to become cannon fodder because of NATOs geopolitical follies.
Great analysis mate. I think only time will tell what happens to USD and petrodollars. Agree that the implications are massive...
Now it all makes sense
VENIZULA SRIYA LIBYA IRAQ.....
SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
So endless loans , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷♂️
God this awesome, This is 21st century. THIS IS SO MUCH FUN! I mean like let’s face Americans bombing things everywhere was kind of getting stale.
lol you mean Russia. Pay more attention and less reading rubbish news.
@@nsevv Oh so you just erased the first 20 years of 21st century and US bombing the living shit out of Middle East?
@@nsevv How many wars has the US been involved in directly or indirectly to install puppet governments. Open your mind facts don't lie.
People your comments are not bud today but tomorrow the bad side of lead by Russia and china could harm the whole world than today.
Great coverage. Everybody should watch this video.
@True News You can continue sprrading such one sided propaganda. But, it is not going to save Ukraine. Why is west not helping Ukraine with direct intervention like they did in Iraq or Libya? If they could not help Ukraine, then why did they encourage Ukraine to take on Russia? West is letting Ukraine get destroyed hoping to bruise Russia... how cynical...
Now it all makes sense
VENIZULA SRIYA LIBYA IRAQ.....
SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
So endless loans , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷♂️
Putin playing Chess while others playing Checkers
This an issue no media talks about.
Glory to Putin & Russia!
You said it all in a realistic manner.
Do you really think that going to war against your overwhelmingly biggest trade partner (Europe) as well as USA, Canada, Japan and S-Korea is a bright move? That killing people (as well as poisoning some) and destroying historical cities will bring joy to the world?
btw. G7 decided not to pay in rubles.
@@timopettay4519 Then, they will not get gas...
Well see... I doubt Russia will jeopardise half of its oil and 3/4 of its gas-exports.
usa just kicked an own goal
lol
You have taken a quite a different perspective on this issue… something I haven’t thought about🥴
From what you are saying Putin is the smartest guy.. hallelujah he came on the top
Developing his own swift system anticipating the stupid Western move
Good on him
Thx 🙏🏿
Now it all makes sense
VENIZULA SRIYA LIBYA IRAQ.....
SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
So endless loans , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷♂️
The US would go to any extent to save dollar hegemony. Its a hugh challenge to China & Russia to overcome it but I believe slowly & steadily they'll achieve their goal.
@Hang Dinh Why would you support the western scumbags
Its not just about petrodollar...petroruble...petroyuan...just look around...all things made in japan...china...taiwan...korea...india...indonesia...from simple thing like a knife to complicated and high tech product like cars...computer...smartphone...with various price and quality...made in USA...? Some people say US products is expensive because high living cost in US but living cost in japan...korea and taiwan is high too and those three countries is lack of natural resources but they still can produce affordable products...so...US problems is deeper than we see in surface...sorry for my broken english...
There is no good reason why the U$ should be solely used for trade especially when US keeps abusing its privilege..
Cup bot$
Not Chinese rambibi too
I love this analysis! Karma is coming very soon!
Sure
This had to come expected from China but it came from Russia,good luck Russia we are with you.👍
You are with baby killers? You are sick.
@@dsab381 so are you.. Were babies not killed in Syria, Palestine, Iraq and Afghanistan?
War is on, before war America had not anticipated this all you say are boardroom plans but what will be tomorrow nobody knows,let's see
@@dsab381 baby killers,then why America is frightened to help Ukraine can't it give it's patriot, F-35,and other showcase toys to Ukraine.
@@usamajaved5564 I don't support targeting civilians in any country. You can't say the same. This is what makes you different, and not in a good way.
To those who are wondering $4 in 1970 compared to 2022 is almost $30. I can’t imagine what’s gonna happen it repeats again 😳
Lol ! Not sure if its $30....but yes...it was very expensive. License plates ending in even or odd numbers could only fuel up on there elected days. And the days you could buy fuel the lines were very long. On second thought....$30 sounds about right. Yikes !
I've said this thing for 2 weeks, glad you made a video about it
I think they only see now, LoL.
@@lukong4540 yesterday they cover story about putins wealth that mostly comes from western media, and there were no concrete evidence. If only they could focus on objective journalism they could find a lot more to this war instead of propaganda
Putin the Genius.
And it is Russia that has not once responded to Europe for sanctions. You will pay in rubles. We have warned you for a long time: "Who does not want to listen to Putin will listen to Shoigu." You didn't want to hear what Putin was talking about in the Munich speech.
Good news , poorer countries might be free from the chain of US dollar who dictate prices of oil and natural gas , a big burden . THANK YOU RUSSIA, PLEASE SELL YOUR OIL AND GAS TO PHILIPPINES .
If you want to use pesos to buy oil and gas you will be even worse off than you are.
@@crand20033 screw American dollars
@@musiconabudget3712 That's just sour grapes. The dollar is strong. The peso and ruble not worth B.S.
@@crand20033 That's what needs to be changed.
In your dreams. The ruble is moving towards the exchange rate of the Turkish lira.
Serves USA right!!
Yes perfect declaration of president Putin to rubble currency payment in oil
G7 has refused to pay in rubles. Putin caved in. The dollar is not going anywhere for at least 40-50 years.
Lol G7 makes up about 50% of global GDP. The Yuan itself is pegged to the dollar to boost exports.
Yep keeps demand for RUB. EU will freeze this coming winter. That deal EU signed with US, totally inadequate and dumb and keeps the corrupt US earning their dodgy money.
@@cfos118 Keep coping.
@@fv5855 yes sure Russia will hurt short term but plenty of consumers/buyers (3bn+) in Asia that will buy oil and gas from Russia. Include Brazil and probably more and more Latam countries and African too. Venezuela won’t play ball with the US and they have the largest oil reserves in the world (maybe they don’t have the refineries..) medium/long term, Russia will be just fine along with China and India…if I’m not mistaken so they can sell that in rmb/rub/inr and other non $ denominated ccy, so the petrodollar now has big competition. This war has fast tracked this new bipolar world we will live in. Not all European countries will stop buying gas from Russia only the hypocrites will do now. Now us Europeans will be under the thumb of the Americans milking it with LNG transporting it across the Atlantic and the Europeans scrambling to de-liquify it back into gas and we have to pay through the nose. This is what the Americans wanted all along. Nordstream 2 isn’t closed permanently with Germany I envisage give it one year and it’ll be back on the cards.
@@fv5855 all I will say is down with imperialism, double standards and hypocrisy, that is killing this world.
Thanks to ´´Put in`` an order! And thanks to the rest who undertood the game.
This is the meaning of: ´´ First phase of war in Ukraine is successful `` said Russia.
But, we are looking forward to see what is the second phase, that will come like a thunder ⚡!
+1 missions completed in phase 1.
It's high time the dollar didn't dominate world trade
The beginning of the end of Uncle Sam makes the world a better place
ARE YOU SURE?SMALL AND WEAK COUNTRY WILL INVADE BY CHINA AND RUUSIA AND THIS TWO COUNTRY WILL ROB ALL THE RESOURCES OF WEAK COUNTRIES,FOR ME BETTER ALL COUNTRY WILL HAVE NUKE ARM IF THEY START WAR NUKE ITS OTHERAND WE CAN REVENCE USING NUKE,IM SURE NO BODY START THE WAR IF ALL COUNTRY HAVE NUKE
US will collapse if Petrodollar ends😂...US has huuuge amount of debt..they can't sustain without Petrodollar
You are absolutely right. The USA are fkd
the U.S prints the most money. because of the Petrodollar the U.S inflation becomes global inflation.
when i was coding my world Currency game this was a glitch. the U.S bin exploiting the game in real life🤣
It has 30 trillion $ debt and growing fast.
@@snifferking4330 We can repudiate the debt on a heartbeat, and leave all of you gasping for air and flopping helplessly like a fish out of water. Yup. 🙂
@@markfurman4386 we all shall see though, it's a waiting game for now, isn't it?🥱😪
Finally somebody gets it.
Biden is playing checkers, Putin is playing chess, and Xi Jinping is playing Go.
World should be same rate of currency as well as it can help every country to keep things developing.
that wouldnt help developing countries at all
that isnt how it works...
That your comment got 30 likes is the proof that the majority of people are total idiots...
We live in the Digital age...wtf are you doing your with your time..
@@skeptical7680 bro...dont do it...
@@skeptical7680 please inform yourself how the correlation betwen Gold anf currency works.
And after that how the petrodollar works and you will realize how stupid this idea is...
Going to watch PUTIN'S style just to love him more, oh boy oh boy, I've never admired any leader more than Mr. Putin he's the man of our times, so much RESPECT And LOVE to him
Reading and traveling may help with your problem. You have a lot growing up to do buddy. Good luck (you need it)
@@oommcc Keep your luck, buddy. America will need it
@@pelepelegrino2899 I bet that dimwit thinks he’s well travelled and cultured because he went to a few Western European states 😂🤣. I know a lot of clowns like him.
@@pelepelegrino2899 like the strongest currency will sit and watch you don't need luck the contingency the US has will rock the world
@@coleslaw4643 Aye, Biden sure does inspire confidence. The contingency being let all the citizens of the West foot the bill, huh? By all means, do share if you got some insight.. lol
No one wants a rapidly depreciating ruble. Not to mention a 30% discount / loss to Russia. The black market rate for the ruble is above 150 rubles to the US dollar.
Where? I want to buy rubles!!!
Where to get Rubles at such price? Tell me. I'm buying.
@@Rudyjosephjr Go to Russia and ask around. It's the black market (real) rate. I was in Burma and the official rate was 45 qyat per US dollar. The black market rate was 360 per dollar. Just don't go to a bank to sell the rubles or you'll get the official rate. It's a seller's market, not a buyer's market, which is great if you're syaying and spending, but not if you're buying foreign currency to travel outside the country because the banks won't have any.
@@gaoxiaen1 im gonna buy and keep. Ruble will go up. Im dumping all my dollars.
I have full respect to Mr.Putin, admire him as a world leader. 👆🏻
He talks less. Thinks more before taking a decision. He gives enough time for the opponent to react , waited with reasonable patience and he is more practical, unlike comedians and Pappu, Papputs..!
Great Mr.Putin ! God bless you and Russians !.
I love Russians !
@@fv5855 no way dude. They re under US pressure.
Thanks be unto God Almighty for Grand President Vladimir Putin and his allies.
Long live Russia 🇷🇺
Long live China 🇨🇳
Long live India 🇮🇳
Long live Saudi Arabia 🇸🇦
Long live the United Arab Emirates 🇦🇪
Long live Syria 🇸🇾
But India don't support china
@@humanguu9121 They will, soon.
Long live Russia from China
All these countries must join BRICS. and start a bank and currency
@@vladimirvoynich4123 Only if china refrains from bordor disputes and arming pakistan & it's terrorist organizations in Kashmir.
Not just about dollars.
China and Russia must develop an alternate Internet network. Independent of the existing internet network.
They're prepared for alternatives in all areas. Don't worry about that
R.I.P elon musk 😂🤣
It will be all censored. 😂🤣 Yes!! Finally those who like china russia should go there and be banned on the regular internet!
They already have independent internet. I think what you are trying to say are social media like CZcams, they should develop.
Good, but even typing "Winnie the Pooh" would get you censored. 😂. Would that be fine? 😉
India should expand its UPI system quickly to African, south American, central Asia, gulf, south asia and south east asia
No need for division. It slows the process
@@brownsparrow5485 We need our hegemony too. Or else russia-china alliance will soon act like US-EU.
Petrodollar is over Welcome to PetroRubble
This is a CRUX video I can agree with!
I know the world has really changed when Crux starts to make sense
@@zz.0z.z0zz33 hahaha 👍
Good things to stop Monopoly of
US Dollar. 👍
This explains exactly why the US and Europe is aggressively trying to develop the EV market. The less oil we need the less the petroleum dollar will matter.
Surely they will go huge on nuclear power plant soon and quickly. Which will surely bypass this situation of currency.
Hey Crux, this video is really good, bcoz instead of putting only English subtitles without Voiceover; in this video, a presenter explains details with Voiceover 👍👍 Always do, like this video, with Presenter & Voiceover🌹👍 instead of just subtitles!
This would be a huge blow to the west. About time if you ask me.
Oil for paper printed so they can buy assets...not so attractive with sanctions and freezing assets lol
Long live Russia💯💪
This aspect of the current events is never talked about on any American news outlets, and its very important. I've always heard that Russia and China "play the long game", this analysis fits perfectly with that philosophy...I'm adding this channel to my subscriptions, ignorance is a choice and I'm not choosing it...
Indian news channel
All sounds good in theory, but the harsh reality will be a dangerous world for your parents and your future children, let that sink in for while!
Absolutely enlightening analysis😁😁😁
sanctions hurt both sides, boycott means you can not get the things you want
MASTER STROKE by PUTIN......Bravo End of Petro Dollar.....Jai Hind,Jai Karntaka.
"Everyone thinks they are gangster until the real gangster shows up"
A blessing in disguise for Russia. 🤔
ONE THING THAT TRUMP HAS BEEN HONEST ABOUT IS THAT HE SAID THAT THE USA SHOULD TAKE CONTROL/STEAL THE OIL.
Now Russia is going to follow that advice.