Russia's Sergey Glazyev Introduces the New Global Financial System

The world’s new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and IMF-induced austerity. - Pepe Escobar / April 16, 2022

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Whenever I read a statement by the likes of Glazyev or Lavrov, I’m taken aback by how intelligent and grown-up they sound, compared to the kind of statements I’m used to hearing from their Western counterparts. Just contrast this article with a speech by Christine Lagarde, for example. This doesn’t mean I’m in love with Russia or hate my own civilization; it’s just striking and sad to me.

I know education and culture are in decline in the West at the moment, but we’ve still got some smart, sane, well-spoken people within our borders. May it please the Divine Intelligence that one day they find their way into positions of power!

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Ahh! yep. Mr. Glazyev and Astana Economic Forum, says all I need to know. This is Russian version of Mr. Globaloney. No thank you, but thank you.

Anybody willing to sell some gold for some greenbacks, please, I don’t want much.

Good luck trying to get some gold for a ruble in Moscow now, :laughing:

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