Steven Bartlett
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Why?
For the longest time, this system worked fine.
But then in February 2022, Russia invaded Ukraine.
Yeah.
That was not the issue.
The issue was the American response.
The American response was to sanction Russia and remove Russia from the swift global payment system.
It also ordered the Europeans to freeze over $200 billion in Russian assets.
And this is a problem.
The very basis for having the U.S.
dollar as the global reserve currency is that it would remain politically neutral.
The Americans guaranteed seamless, politically neutral international exchange.
So if this trend continues...
If you don't do anything about Russia, Russia would take over Ukraine.
And Russia then would build an alliance with China and Iran.
If you look at these three countries on a map, Russia, China, and Iran, this is the entire Asian continent.
And then what they can do is this.
They can say, okay, the United States is a bully country.
They force us to play by the rules, and they get very angry if we don't play by the rules.
So let's not play with the United States anymore.