As Russia’s plans for de-dollarization unfold, president ruler Vladimir Putin says that the West’s addiction to debt will be the cause of a global financial crisis. However, if a de-dollarization is successful, the BRICS nations could be much better of than NATO and the West. once the global economic crisis unfolds.
The uncontrolled accumulation of debt by Western countries is increasing the risk of a new global financial crisis, Putin warned on Tuesday as his ruling class works with China on a global de-dollarization plan.
According to a report by RT, Russia-China trade and economic cooperation is expanding, with over 80% of settlements between the two nations currently made in rubles and yuan, Putin has revealed. The Russian ruler was addressing a virtual summit of the Shanghai Cooperation Organization (SCO) on Tuesday via video link from Moscow. The 23rd SCO summit is being chaired by Indian Prime Minister Narendra Modi.
Trade between Russia and China has continued to accelerate after hitting a historic high of $190.3 billion in annual terms in 2022. Exports and imports have surged at a double-digit pace since the beginning of the year. This could mean economic trouble for the United States.
“The risks of a new global economic and financial crisis are rising against the background of the uncontrolled accumulation of debt in developed countries, social stratification and growing poverty around the world, and deteriorating food and environmental security,” Putin stated.
RT further reported that Putin emphasized that each of these problems is “complex and diverse in its own way,” but that when combined, they have fueled tensions around the world.
Last month, the executive director for Russia at the International Monetary Fund (IMF), Aleksey Mozhin, cautioned that Western economies are in critical condition due to high levels of public debt. -RT
With Russia and China united against the heavily indebted Western nations, a major economic calamity could be incoming, especially if BRICS nations are successful at de-dollarizing the globe.
Article cross-posted from SHTF Plan.
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.