"Birthday party, cheesecake, jelly bean, Boom!"-- R.E.M. The world we've known is over. The US Congress finally pushed the big red button. When the West froze around $300 billion of Russia's foreign exchange reserves in March 2022 it was the first… Read on blog or Reader Gold Goats 'n Guns Read on blog or Reader It's the End of the Foreign Exchange Reserves as We Know It – Don't Feel Fine About it. Tom Luongo April 30 "Birthday party, cheesecake, jelly bean, Boom!"-- R.E.M. The world we've known is over. The US Congress finally pushed the big red button. When the West froze around $300 billion of Russia's foreign exchange reserves in March 2022 it was the first step in breaking down the system of foreign exchange reserves that makes up the […] Read more of this post Comment

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