

It became the new banking capital of the world because Europe was utterly devastated, needed to rebuild, but none of the currencies were worth shit.
It’s literally that which caused the United States to enter this wonderful golden age of capitalism.
I really hate it when American politician talk about this era as if America did something so right all by themselves. No, Europe was just destroyed. It made them money. You’re welcome.
You mean the assets the EU has seized and has started selling off?
Really, the only thing Russia has to rely on is China. They’ll get themselves so in-debt trying to rebuild their economy and China will have them by the balls (like they have with so many countries already).
But selling and loaning is only a temporary thing. None of that means a damned thing if it doesn’t result in something physical and real-world. But a lot of the population needed to make that possible is now lying face-down in Ukraine.