The days of the Dollar are over. He’s got the same destiny as some 80 years ago the Pound Sterling. Goodby!
“Russian Prime Minister Vladimir Putin suggested bilateral trade in roubles and yuan rather than dollars.”
SOURCE.
Vladimir Putin is a most intelligent man. Not every statesman has got the brains Vladimir Putin has. Please keep in mind: Russians know how to play chess. They know also how to play the ‘Great Game’.
Black belt Vladimir Putin knows to hit the sore spot:
“At the moment the world which is based on the dollar is suffering serious problems … The situation on the global financial markets remains difficult,” Putin said at a Russo-Chinese forum in Moscow.
“In such conditions, we need to think about improving the payments system for bilateral trade, including the use of the national currencies.”
SOURCE Reuters.com.
