
This Week In Doom Ep. 9 - What’s Next For Europe? (Panel) (FULL EPISODE)
The Grant Williams Podcast
00:00
Is Russia Better Off Leaving It in the Ground Than Trading It for Negative Real Race Paper?
The price of oil and gas is growing eight, ten % per annum on average for some time to come. In that world, you cannot store the surpluss you earn from selling oil and gas to the west in sovereign debt of the west. And so for russia, there is better off leaving it in the ground than trading it for negative real race paper i o usnd. Theodenis not going to let that happenh as they can't really do what the swiss national bank has done or the norwegians have done.
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