If Japan goes its own way, I believe Putin will cut off Japan's natural gas. Japan retaliated against Russia again and announced that it would increase sanctions against Russia. First, it refused to pay the gas bill in rubles. Second, it prohibits the export of luxury goods to Russia, such as high-end jewelry and high-end cars.

This kind of sanctions is really confusing. High-end luxury goods are not necessities of life, and the export of luxury goods is prohibited. The impact on Russian power is almost zero. At most, it has a little impact on some rich people, and it has no impact on the country. The so-called sanctions are actually sanctions against loneliness. Although Japan is behind a certain country, it is an island country with insufficient natural gas reserves. I wonder what will happen to the yen next.

Look at Germany and Italy and you will know the result. Germany and Italy also kept saying that they would boycott the ruble payment order. However, after communicating with Putin, they agreed to transfer the euro to the Industrial Bank of Russia, where it was exchanged for rubles to pay for natural gas. On the surface, it is redundant, but now the ruble is anchored with gold, and the euro has to be based on this exchange rate with the ruble. Therefore, Russia has long given up this alternative to Germany and Italy.

Moreover, peskov, press secretary of the Russian President, said that the ruble payment mode of Russian natural gas will be extended to other commodity types in the future. Next must be crude oil, electricity, agricultural products. Japan's trade with Russia in crude oil, natural gas and agricultural products is very large, which cannot be replaced at once. Therefore, with the flexibility of the previous countries, Japan will certainly follow suit and buy gas flexibly.

In the end, Putin's ruble payment order will achieve its goal. For example, Lithuania, which just announced its unwillingness to compromise on ruble payment, cannot do without Russian electricity, and the European crude oil market cannot do without Russia. Belarus and Hungary have agreed to pay in rubles, and Germany and Italy have agreed to pay in rubles at the Industrial Bank of Russia. All friendly countries in the world will also use rubles for trade. Putin's move stabilized the decline of the ruble and established the appreciation expectation of the ruble by anchoring with gold. The western attempt to cross the ruble and Russia has actually been shattered.