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This. Those contracts werw not paid in Rubles for a good reason. Even at the height of the cold war communist countries used the USD for trade amongst themselve
by brnt 5y ago
This. Those contracts werw not paid in Rubles for a good reason. Even at the height of the cold war communist countries used the USD for trade amongst themselves: the Kremlin is not and never was interested in creating the sort of rules-based systems that provide an expectation of long term stability.