Pepe Escobar - Spring Fails in Ukranian Plunderland...

[KoKo]

1. Interesting read from Pepe...

This was an interesting revelation from Pepe that relates to International Business regarding Currency:

And here is Russian President Vladimir Putin, already last year, talking about how Russia and China decided to trade in roubles and yuan, and stressing how Russia needs to quit the "excessive monopoly" of the US dollar. He had to be aware the Empire would strike back.

Now there's more; Russian presidential adviser Sergey Glazyev told RIA Novosti, "Russia will abandon the US dollar as a reserve currency if the United States initiates sanctions against the Russian Federation."

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Another interesting revelation that I don't hear anyone talking about is Russia's Under Sea Pipelines (one completed and one under construction) which means that it isn't as dependent on it's "above ground" pipelines that go through Ukraine. I wonder how that changes things for Ukraine..? Would this mean Ukraine might want to go for Fracking and that might be another stimulis for aligning with EU and US for the Oligarchs?

He is always a fun and interesting read. And this report did give some new info that we aren't hearing or reading anywhere else.

Thanks for posting here.