2min chapter

Forward Guidance cover image

Russia/Ukraine Crisis To Cause Commodity “Doom Loop” | Jacob Shapiro

Forward Guidance

CHAPTER

The Role of the US in De-Dollarization

Russia has absolutely reduced its dependence on the dollar It's gotten dollar assets out of its national wealth fund. Even their friends that the Chinese who they say they're so close with expect to be paid in dollars more than 50%. The only country if you look at Russia's Statistics that seems to be the only country outside of kind of the old Soviet block is taking Russian rubles as India.

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