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Biden Administration Backs Legislation to Seize Frozen Russian Assets (www.bloomberg.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 11 points 9 months ago* (last edited 9 months ago)

The blowback I'm referring to wouldn't be kinetic, it'd the loss of the monetary hegemony provided by American lead banking system and the USD being used as the global reserve currency.

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