President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia’s monetary authorities.
I remember when the sanctions had already failed, that the decoupling was complete, Russias financial services sector would bolster it, etc etc
There are people trying to say the same about China but what they fail to get is for the last few decades other countries have been opening factories and simply use China as a distributor.
China now has a failing real estate bubble while America is working to buy their goods less. All it takes is for that distributor role to be lost and China will invade Taiwan and repeat exactly what Russia is doing
Just like Brexit! Wait a minute…