The Madness of Clowns

The failure of its leaders to understand how sovereign currencies work is now starting to cripple the West

3 Sep 2022 05:53 +0100 · 5 min · NeilW

The Russian Rouble Get Out Clause

Since 2018 Russia has had an alternative payment clause in its Eurobond contracts that allows it to pay principal and interest in Roubles

18 Apr 2022 10:37 +0100 · 2 min · NeilW

How Russian Gas Is Paid For

How the new payment process for gas in Russia will work, including how it is settled at the Moscow Exchange, all of which leads to some interesting observations

4 Apr 2022 08:54 +0100 · 8 min · NeilW

Rouble Rumble Continues

Journalists really should take some time to learn how correspondent banking works

31 Mar 2022 19:02 +0100 · 2 min · NeilW

Rouble Gas Payments are probably a False Flag

In all international transactions they consumer pays with the currency they have and the producer gets the currency they want to hold. So why the big fuss over Russia’s requirement to receive Roubles?

28 Mar 2022 22:10 +0100 · 4 min · NeilW

The Russian Fiscal Toketa

Russia has easily countered the attempts at financial sanctions, resulting in some interesting outcomes that further confirm the view taken by Modern Monetary Theory

7 Mar 2022 21:17 +0000 · 3 min · NeilW

The Unreasonable Ineffectiveness of Sanctions on Russia

Electronic impulses on computers only stop tanks in Call of Duty. War is not a game, and stopping it will require rather more than attempts at financial alchemy

28 Feb 2022 08:14 +0000 · 11 min · NeilW