RE: Poly not affected by sanctions27 Jun 2022 09:56
@email
Russia and the bric states are setting up their own banking system and moving away from swift slowly but surely. This is also going to cause a major slowdown in our economies due to the sheer volume of transactions that the west handles.
Russia is also removing the dollar as the main currency from its wealth fund. China ,India and Russia alone contribute about 35% of world trade and this with brazil and south frica makes it around 40%
Reliance on the west will not end but will be greatly reduced due to tthe BRICS exchanging their own currencies for goods and creating an internal market.