spat
.700 Nitro Express
Well, the Russian sanctions are nothing in this. Russia is a bit player at best.Its out own stupidity for getting into this debacle and putting all these sanctions on Russia. We should not have played these games.
Why would Russia not want to see the USD supplanted? We totally screwed them so I'm their own self interests they are seeking a better way forward for their country and their vision of what they want to happen.
Keeping the USD as global reserve is not their preferred outcome since we decoupled our economies from east and west. They have the energy and want to sell it so why not find an alternative that they can do business with.
I know you get the significance but many others and normies do not, if the USD is replaced then it's game over our economy will self destruct and our debt will instantly matter.
This is China's show, and they are the ones who want to destroy the dollar.
It's Bidens other foreign policy disasters that are allowing it to happen, and the events in Ukraine aren't even significant.
If the Biden administrations goal was to dismantle the US leadership of the modern world, it would be hard to imagine what they could do differently to accomplish it.