Friday, February 25, 2022 3:38:59 PM
Right place at the right time…..
“Ushakov put it very diplomatically: it’s time to bypass a SWIFT mechanism “influenced by third countries” to form “an independent financial structure.”
“That amounts to a serious game-changer for the entire Global South – as scores of nations yearn to be released from a de facto US dollar dictatorship, complete with recurring Fed quantitative easing circus packages.”
“BRI, EAEU and those interlocking economic development agreements, combined with digital technology, will be integrating billions of people in the Global South.
Think of a possible, auspicious future spelling out cheap telecom delivering financial services and world market access, in a non-dollar environment, to all those who have been so far cut off from a truly globalized economy.”
https://thecradle.co/Article/news/4857
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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