This will not end well.
L
Uh.......not looking good folks......
Nope. I dont think it will myself.
China and Iran will take all the Russian Oil, gas, grains and whatever and will help shore up their economy while the rest of us will find out it wont be good for us.
Also..Putin was supposed to have built up a pretty good sum of emergency funds for this purpose.
Besides all that, and the gold they hold, they hold twice as much in diamond reserves than most of the world. All China has to do is transfer about half of those things to their country and send it out on the markets and guess what.
Looks to me they will collapse the USD.