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Putin Unleashes Desperate Scheme: How Russia Plans to Become the New Kingpins of Global Trade – And You’ll Be Left Holding the Bag

Crypto NewsEconomistsInstitutional Investors Sam Rogers October 19, 2024

A shadowy figure sits at a desk surrounded by maps and charts, with cryptic symbols etched into the walls behind them. In one hand, they hold a globe with a red slash through it, while in the other, they grasp a key to unlock a vault labeled 'BRICS'. A faint image of a yuan note is visible on their palm.

Sanctions got you feeling like a Kremlin-bound crybaby? Well, it looks like Vladimir Putin and his pals have decided to take matters into their own hands – or rather, create some new ways for themselves to circumvent the West’s pesky sanctions. In an effort to bolster BRICS economic sovereignty (read: become less dependent on us Westerners), Russia is reportedly planning to establish mutual commodity trading centers. Because what could possibly go wrong with a bunch of oligarchs and government officials wheeling and dealing in their respective national currencies? It’s not like this is just another way for them to launder money or facilitate illicit transactions – nope, I’m sure it’s purely altruistic.

Source: bitcoin.com

Russia Mulls Commodity Trading Centers to Bolster BRICS Economic Sovereignty
https://news.bitcoin.com/russia-mulls-commodity-trading-centers-to-bolster-brics-economic-sovereignty
Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which will allow Russia and its partners to bypass US sanctions and maintain economic sovereignty. This move is part of Russia’s broader efforts to develop alternative payment methods and decrease its dependence […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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