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Inflation skyrockets in EU, as Putin squeezes Olaf Scholz & Germany faces severe recession

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Inflation skyrockets in EU, as Putin squeezes Olaf Scholz & Germany faces severe recession
The Duran: Episode 1250

Putin Signs Decree Ordering Gas Exports To Be Halted If Buyers Don’t Pay In Rubles

Putin Signs Decree Ordering Gas Exports To Be Halted If Buyers Don’t Pay In Rubles

Contrary to expectations that Vladimir Putin was bluffing about collecting rubles in exchange for Russian energy exports, moments ago a decree signed by the Russian president confirmed that that was not the case. According to Bloomberg, Putin said he had signed a decree demanding payment in rubles for Russian gas supplies, which is set to begin April 1 as previously reported.

GotGoldorRubles? Russia Just Broke the Back of the West

#GotGoldorRubles? Russia Just Broke the Back of the West – Gold Goats ‘n Guns

I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold. But, to be clear, Russia just broke the paper gold suppression scheme. On Friday the Bank of Russia announced: RUB5000 to the gram at an exchange rate of 100 RUB/USD implies a $1550…

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Orion
Orion
March 31, 2022

If Putin doesn`t stick with the Rubles payment for gas ultimatum then unfortunately it will seem like he is just bluffing. He needs to get tough with these corrupt unfriendly states that have dived into imposing sanctions after being ordered to do so by their US masters.

Last edited 7 months ago by Orion
waine
waine
Reply to  Orion
March 31, 2022

I agree whole heartedly with your post,

Olivia Kroth
April 1, 2022
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LES ECHOS / FRANCE: War in Ukraine: Europe hit hard by inflation – In March, prices rose 9.8% in Spain over one year and 7.3% in Germany. In the euro zone, inflation could reach 9% at its peak this summer. Governments and the ECB will find it difficult to fight stagflation – a period of high inflation and low growth. Inflation in Germany hit 7.3% in March year-on-year, its highest since the fall of 1981. Inflation was already a problem for Europeans before the invasion of Ukraine at the end of February. The outbreak of hostilities only accelerated things. In… Read more »

Olivia Kroth
Reply to  Olivia Kroth
April 1, 2022

Too bad! Tough luck!

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