Comments by "Sergei" (@sergeikhripun) on "CityNews"
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@johnderepite5602 Russia is asking Europe to pay for the gas in Rubles and Europe gets 30% of its gas from Russia after the US/NATO froze $300 billion worth of Russian assets after the war broke out. Germany gets 55% of its gas from Russia. And if they refuse and Russia turns the valve off, it's literally lights out. And Saudis will start selling oil in petro yuan which will spell doom for the petrodollar. The Russian ruble is tied to gold and commodities like gas, oil, wheat, fertilizers, and rare metals, and the US dollar is tied to the $30 trillion US federal debt and trillions of dollars in derivatives market that has no intrinsic value. If you don't understand what that means, in simple words in a few years the US dollars will be Canadian tire money, and because 70% of the Canadian market is targeted to the US, the same will probably happen to the Canadian dollar.
And because Canada is a part of NATO, we are like a hostage passenger stuck in a clown car with a clown crackhead driver who is driving at 300 miles/hr and doesn't know how to use breaks. After Europe and the US 5k sanctions on Russia, the Russian ruble went back to its prewar value and the Russian market rose 5%-8%.
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