Damus
Lyn Alden · 106w
People are all up in arms over this Tucker-Putin interview. I’m all for free journalism but I am also busy this week. For people who have seen it, is it worth spending two hours to watch it or does...
Phil profile picture
Around an hour in:

Before Russian sanctions in 2022:

80% of Russian global trade was transacted in USD (50%) and EUR (30%).

It is now 35% in rubles, 35% Yuan and 13% USD/EUR.

More countries (especially non-G7) are cutting back on both dollar reserves and transacting in USD.