Putin walking away from the exploding petrodollar system
Any accusations against this man only emphasize his ability for quick analytical thinking and making clear and balanced political and economic decisions.
Western media often compares this ability with the ability of a grandmaster conducting a public chess match. Recent developments in the US economy and the West in general allow us to conclude that, at least in this part of the Western media's assessment of Putin's personality, they are absolutely right.
Despite non-stop reports reports in Fox News, CNN et al, today the Western economy, led by the United States, is in Putin's trap; the way out of which no one in the West can see or find. Not only that, the more the West tries to escape from this trap, the more stuck it becomes.
So what is this tragic predicament in which the West and the United States find themselves? And why are all the Western media and leading Western economists silent about this, as if it were a well-guarded military secret? Let's try to understand the essence of current economic events purely in the context of economics, setting aside other factors like morality, ethics and geopolitics.
Comment: One would think that the Western elites would realize they are checkmated and start to back off Putin. It's very unlikely that will happen, unfortunately. Psychopaths are incapable of seeing anything other than what they want to see. They are wishfully thinking the entire Western world into an economic catastrophe, and possibly the rest of the world into World War 3.