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Safir Ahmed
WION
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Comments by "Safir Ahmed" (@safirahmed) on "Russia warns of retaliation against West, dismisses accusations of 'blackmail' | World News | WION" video.
Every country selling goods, products and services has the right to ask for payment in any currency they choose including their own currency.
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@EmilyBoltz NATO countries will lose a lot of business.
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@frozenllama23 Europe and North America have lost thousands of companies without any wars and without any sanctions.
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@porkNbenz Currency for transactions by any country is decided by the country's Government.
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Harold Albert Actually no, Russia isn't losing, as Russia is going to tie the Rouble to gold standard that's impossible for the US Dollar to follow.
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@elainemountain272 No, if you want to buy goods or services than you are expected to pay for these in the currency requested by the seller.
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Harold Albert US national debt in 2022 is over USD $32 trillion. Russia's national debt in 2022 is a little over USD $310 billion. Data from Statista. US economy may be 90% larger than Russia but the US debt is more than 1000 times greater than Russia. There were reports I believe elsewhere that Russia has had over USD $340 billion in assets frozen by the West including the US. Therefore Russia cannot default on it's debts when its frozen assets are greater than it's debts. The US however can never repay it's debts and can only repay some of its debts through war as the US is a war economy. Hence the reason for the Great Reset by the billionaires of the World Economic Forum.
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@robertjames7982 A country also has the right to stop another country waging war against its citizens and their descendants in another country.
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@blkted2945 Wrong, trade in goods and services generally require compensation in some form of payment. No payment mean no trade. Unless you want a country to provide free natural gas, oil, coal and other products.
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@blkted2945 Russia has only has taken the measures it has to ensure it has access to revenue currently prevented by sanctions.
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@blkted2945 Thousands of companies have failed in Europe and North America with millions unemployed. The numbers for Russia on its balance sheet are far more favourable than the US regarding national debt. People talk about shops closing in Russia yet Europe and North America each have had far more store closures than Russia.
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@blkted2945 Look at Statista and tell me how you think the US with over USD $32 trillion of debt is in a better financial position than Russia with a little over USD $310 billion of debt considering Russia has more than it's debt frozen in assets by the West.
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Countries around the World are considering moving away from GBP, USD and Euro to gain financial independence from US Dominance and US policy and some countries are also thinking about linking their currencies to the gold standard. The use of gold standard in many countries will mean confidence in USD, GBP and Euro will fall and in the case of the USD will likely result in its collapse.
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@michaeltan3530 Yes, the EU leadership have lost their credibility and competence as they impose sanctions that will destroy the economy of Europe just to follow the US agenda. Russia hasn't banned the whole of Europe from buying any natural gas and oil, it's just Russia wants European countries to agree to set up payment accounts in Roubles. It's no different from the way energy companies treat customers who don't pay bills.
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@ArmatekAutomation Even worse is some of mainstream media and politicians in Europe and North America believing they can transition away from reliance on oil and natural gas by 2030 whilst having little effect on their economies.
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