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Without entering on who is winning and things like that. With the capital controls in place today idk how much the price of the ruble means.
by mejutoco 4y ago
Without entering on who is winning and things like that.
With the capital controls in place today idk how much the price of the ruble means.
- chewz 4y agoYou can google "Credit Suisse strategist Zoltan Pozsar - Bretton Woods 3"... His thesis is that we are going from dollar based monetary order to commodities based order. Not everyone agrees with Pozsar (I don't) but this is making waves. Russia forcing Europe to pay for gas in roubles is significant step, no matter the outcome on the battlefields... And financial markets reflect that fact through EURRUB and USDRUB...
- lettergram 4y agoExactly, the war itself is much broader than Ukraine. It’s naive to consider this conflict a regional war.