Post by Deleted on Apr 1, 2022 21:30:01 GMT -5
(Natural News) “If you want gas, find roubles.” Those are the words of Vyacheslav Volodin, the speaker of the lower house of the Russian parliament, as reported by the BBC this week. The story follows up with a bombshell that has been scarcely reported:
The Kremlin also said Russia could start demanding payment in roubles for other commodities such as fertiliser, grain, metals and timber.
This means that Russia isn’t merely demanding rubles for gas and oil exports; it’s also going to demand rubles for commodities.
The ruble requirement begins today. It won’t be demanded across all energy contracts immediately, but it will be rolled out across existing contracts over the next several weeks and months, Russia says. Many European nations (like Germany) depend almost entirely on Russian gas to power their economies. The day that the gas stops flowing is the day that Germany’s economy plunges into collapse, suffering irreversible economic damage due to mass bankruptcies of German-based businesses.
“Germany and Austria have taken the first steps towards gas rationing,” the BBC adds. Austria relies on Russia for 80% of its natural gas.
Western nations cut Russia off from dollars and euros, yet they insist on paying Russia with the very same dollars and euros that Russia can no longer use
European leaders have said they refuse to pay for Russian energy exports with rubles. But these same nations took part in a financial system de-platforming of Russia that means Russia is largely unable to use dollars or euros. So there’s no point in Russia trading gas for fiat currencies that it can’t use and doesn’t want.
Brighteon.TV
In fact, as long as the West’s economic sanctions are in place, if Russia were to sell gas for dollars or euros, that would be the equivalent of giving away its natural resources for free.
And no country is going to give away energy for free. Especially not to a group of “unfriendly” nations that unleashed economic warfare against you in the first place.
Watch the ruble climb as it is backed by energy, commodities and gold
The Kremlin also said Russia could start demanding payment in roubles for other commodities such as fertiliser, grain, metals and timber.
This means that Russia isn’t merely demanding rubles for gas and oil exports; it’s also going to demand rubles for commodities.
The ruble requirement begins today. It won’t be demanded across all energy contracts immediately, but it will be rolled out across existing contracts over the next several weeks and months, Russia says. Many European nations (like Germany) depend almost entirely on Russian gas to power their economies. The day that the gas stops flowing is the day that Germany’s economy plunges into collapse, suffering irreversible economic damage due to mass bankruptcies of German-based businesses.
“Germany and Austria have taken the first steps towards gas rationing,” the BBC adds. Austria relies on Russia for 80% of its natural gas.
Western nations cut Russia off from dollars and euros, yet they insist on paying Russia with the very same dollars and euros that Russia can no longer use
European leaders have said they refuse to pay for Russian energy exports with rubles. But these same nations took part in a financial system de-platforming of Russia that means Russia is largely unable to use dollars or euros. So there’s no point in Russia trading gas for fiat currencies that it can’t use and doesn’t want.
Brighteon.TV
In fact, as long as the West’s economic sanctions are in place, if Russia were to sell gas for dollars or euros, that would be the equivalent of giving away its natural resources for free.
And no country is going to give away energy for free. Especially not to a group of “unfriendly” nations that unleashed economic warfare against you in the first place.
Watch the ruble climb as it is backed by energy, commodities and gold