OOPSADAISY! PUTIN JUST GAVE THE GAME AWAY

I've been on about how and why The City of London has become the banker of the Renminbi.

Here's Putin giving the game away.

Same question : what role did Brexit play in this? 

And in addition : what role did 9/11 play in this?

You remember 9/11, right? Planes flying into the WTC, 21 years of ongoing wars?

From Trust in dollar gone – Putin :

“Western countries have undermined the foundations of the global economic system. There is a loss of confidence in the dollar, the euro and the pound sterling as currencies in which to conduct transactions, hold assets and reserves,” he stated at the seventh annual Eastern Economic Forum in Vladivostok.

He also noted that this tendency pushes Russia and many other nations to switch to other currencies, most notably the Chinese yuan.

“Step by step we are moving away from the use of these unreliable, compromised currencies. And by the way, even US allies are gradually reducing their savings and payments in dollars, according to statistics… I will note that yesterday Gazprom and its Chinese partners agreed to pay for gas in rubles and yuan in a 50/50 split,” Putin said.