Canceling Russian reserves boomerangs to a new international monetary system
20.03.2022
The reality is that the present military operation in Ukraine, in due time, will be relegated to little more than a footnote in global history, yet the total financial war which has repercussed onto Russia will be key in defining the upcoming new world order. In fact, we may have already witnessed the moment economic history changed tracks: On 26 February, the collective West seized all the foreign exchange reserves of the Central Bank of Russia that were held in the West.
