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Rhiannon's avatar

Riley, another excellent report, written in your usual knowledgeable style infused with your signature humor----am so glad I renewed my subscription.

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Charlotte Ruse's avatar

"But whether the global reserve currency is the US dollar, or Pokémon cards, or a digital ruble pegged to borscht, nothing will fundamentally change for Russians if their political elites continue their time-honored tradition of stubbornly refusing to invest in Russia."

The global reserve might even be called a "Unicoin" nah, most likely a "Unicorn" a virtual mythological currency controlled by international financiers floating throughout the planet with the possibility of being capriciously turned off with one tiny click of the finger. 🖕

That being said, everyone not just Russians are at the mercy of bankster/gangsters and techno/fascists.

Oligarchs, deplete Russian resources on the cheap and in the end Russian plebs pay the full price. And in the US,

warprofiteers pillage the treasury so that the debt ceiling is four feet tall for the middle-class, but the sky's the limit for the arms industry and the national security state.

German Chancellor Olaf Scholz an obedient vassal to the Global Empire said it best:

"If you are a good leader,” you listen to the people, but you never think they really want you to do exactly what they propose.” A dictum followed by all the mediocre nation-state managers operating within the global cartel.

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