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The Bretton Woods III Thesis

The Breakdown

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We Are Going Into Breton Woods Three

The world economy dances to the tune of the world dollar. Ours is a hybrid gobal dollar system where sovereigns are emmeshed in shadow finance and money markets, while the p b o c can dance to its own tune. China stepping in as russia saviour has massive political implications. My sense is that puten is trying to reclaima specific economic influence from decades ago, while surrounding himself with the image of russian imperialist leaders from the past. While china believes in something very different. And by the way, there are some indicators that china isn't ready to throw their lot in with russia all the way.

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