The Many Consequences Of US Sanctions On Russia
Either the United States intended to cause all of the ripple effects of sanctioning Russia, or these were unintended consequences. When Russia invaded the Ukraine 2 years ago and the US seized their assets including their gold that we were holding, the rest of the countries on the planet that had gold reserves with us took notice and started requesting their gold back from the United States. What if the US got mad at them? In Africa former French colonies also started requesting their gold back from France, who holds 50% of their gold while they use 2 different kinds of French African francs. Then in India there is a city called Surat, also known as Diamond City because they import and cut up to 90% of the world's diamonds. The US sanctions on Russia means that they can't import, cut or sell Russian diamonds. Before the sanctions were imposed, it is claimed that 20% of all diamonds coming into Surat were from Russia, but around 9 months ago 50% of all Diamond cutters...