To Avoid Trump’s Sanctions, Countries Turn to Stone Age Bartering | Fast Forward | OZY

KW: Sergie Lavrov is a very switched on man and take no sh.t from his American ‘collegues’

Byron King:

“This Is Not Going to End Well” for the U.S.  I have long criticized the excessive use of American economic sanctions. U.S. sanctions basically weaponize the dollar and create incentives for other nations to find an alternative currency for trade. Apparently, my thinking mirrors that of top policymakers in Russia. “We’ve explained many times to our American colleagues,” said Russia’s foreign minister Sergei Lavrov during a recent press conference, “that in the short term — one, two, three years — they may receive a profit. But in the strategic long term… they are undermining the very international system they are perched on, the U.S. dollar. This is not going to end well for them.”

Here’s how some nations are even going back to the Stone Age to counter U.S. sanctions.

The sanctions are forcing American friends and foes alike to bend their trade policies to ancient practices.

Source: To Avoid Trump’s Sanctions, Countries Turn to Stone Age Bartering | Fast Forward | OZY