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alex Lo
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Comments by "alex Lo" (@alexlo7708) on "ABC News" channel.
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US wants Ukraine their new missile base targeting Moskow.
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@ritemolawbks8012 Don't assure yourself Russian oil pegged to dollar. Your govt always shout to cut Russian from Swift. They are smiling wait , don't make it so long. By the way , all or even substantial gold are kept in US. It was a big news when German asked for drawing their gold bullion from US and that US could not return to them in time.
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Particularly Russia has its own vast resources and industrials that made them easily self sustainable.
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They indeed print money out of thin air. So they have no real cost on their money.
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@ritemolawbks8012 Russian print money appropriate to their resources, American prints money on Arab oil. Who is real?
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@ritemolawbks8012 You are kidding,bro. China never interested buying your dollar bonds. That's why they've created belt&road program to change your dollar to real asset. They knew you'd never pay back your debt out of printing money and made it inflated.
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@ritemolawbks8012 Every country uses the US dollar as the "reserve currency" was the past time era. Now, every country basket their currency on their reserves. You're somehow from Dinosour era who never adjust to modern time. Those treasury who are not fool will formulate their reserves to avoiding American transcendent their inflation from printing money into their countries.
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@Wayne Rittenhour They've aided Ukraine for so long. Ukraine now owe Russia gas debt account to several billion $. But Anglo told Ukraine to cheat and don't pay.
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@douglassantet647 Agree, especially in this period of US printing money. Only idiots love exchange their real resources to paper dollar.
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@pleasedonotatme You must ask Russia how much and needs they trade with western. Whats the important goods western provided to Russia and conversely. You can think it yourself Russia are easily not buy Mercedes ,Tesla and what happen if your guy can't buy oil&gas include any metal mineral from Russia, providing that your US govt has printed paper money 16 folds of your country GDP. In fact even Arab oil couldn't shoulder your dollar no longer. Russian knew it well and its a good time for them to take action. Never before immense inflation on the U$ dollar are waiting.
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