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The Importance of Cooperation in the G20
The US and many Western European countries are imposing sanctions on Russia. This includes excluding Russia from the SWIFT system, which is very necessary to conduct large transnational bank settlement payments. The position of China is so incredible, important, because it's not about Putin. It's about will China support Putin? If if if Russia and China will keep acting in harmony, like they've done in the last few years, both of them have been adding a huge amount of physical goals. Both of them are clearly preparing for the next phase of the monetary system where the dollar is no longer the anchor of the monetarysystem. So we're in a really difficult situation now, because the compromise is getting harder