The tensions between the United States and China are heating up again and lo and behold, some market pundits start to bring out old arguments about the nuclear option available to China to sink the global economy.
That was due to Western sanctions on Russia. They simply needed the money to pay for imports and couldn’t get Dollars from exports other than oil and gas.
aaah finally!
Great insights Joachim. Can you please explain why Russia sold so much during the time you mentioned?
Hi Anirudha
That was due to Western sanctions on Russia. They simply needed the money to pay for imports and couldn’t get Dollars from exports other than oil and gas.