There is no good news here. Kamala Harris may be the brightest bulb in the Biden 🤡 Administration.
In "punishing Russia" by cutting off its dollar flow, Biden & Co. just declared that the US cannot be trusted, by anyone, ever. Further, cutting off the dollar does NOT prevent Russia from selling its oil; it simply means that it cannot collect the proceeds in dollars.
Gold? Chinese Yuan? Euros? NO PROBLEM!! Dollars? Nope.
And when the USDollar is de-valued through infidelity, guess what?
YOUR purchasing power goes into the porcelain tube.
Oh, and the virtue of Harley-Davidson is intact, right? Too bad about their sales in Russia--which may NEVER return as Russia develops its very own Harleys. You think they give a flying fart about "patents"? Coke is about to lose thirty percent of its gross income with its virtue. Think Putin will give it back later?
Finally, if you hold a lot of Russian debt which is dollar-denominated, you are now bankrupt.
Thanks, Joe Biden!!
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