Ukraine and de-dollarization

Posted: September 8, 2014 in Uncategorized

A flimsy ceasefire has been proclaimed in Eastern Ukraine.

In reality it is the preparation for the winter. The winter will transform this conflict in frozen conflict.

It is like a positioning where while the Ukrainian Army will try to regroup after the defeats of the last week and the rebels will try to crystallize the situation in their favour.

They are trying to link Russia with Crimea. Only the city of Mariupol stands in their way, but they will have it or via fighting or just letting winter do their business.

Europe is propping up the sanctions and Russia will prop theirs (and Russia has more staying power).

Meanwhile another country followed the de-dollarization trend – Argentina just signed an agreement with China to trade in Yuan,

 

 

 

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