justoffal
Diamond Member
- Jun 29, 2013
- 25,704
- 17,550
USMB has some pretty sharp posters....this discussion was held here about two weeks ago soon after the sanctions were mentioned and the ban on Ruble related financial activity was implemented. This was of course the predictable outcome and the IMF is soft pedaling it frankly. Pay close attention people and start learning Mandarin now...it is a difficult language so give yourself some time.
www.reuters.com
![www.reuters.com](https://www.reuters.com/resizer/pSksFl-HiIDqNx_NGKXBkc5Ctgs=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/DVLIORNCWBNJ3LGHV6JPWZI6ME.jpg)
IMF warns Russia sanctions threaten to chip away at dollar dominance - FT
Financial sanctions imposed on Russia threaten to gradually dilute the dominance of the U.S. dollar and could result in a more fragmented international monetary system, Gita Gopinath, IMF's First Deputy Managing Director, told The Financial Times.