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You can google "Credit Suisse strategist Zoltan Pozsar - Bretton Woods 3"... His thesis is that we are going from dollar based monetary order to commodities bas
by chewz 4y ago
You 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.