In the past month, the ruble has lost 46% of its value in gold.
The dollar has lost 6.5%.
The yuan has lost 6.3%.
As with the COVID lockdowns, the economic dislocations of war are neither easily nor quickly reversed.
Russia along with the rest of the world will be a long time paying for Putin's war.
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The Cost Of Putin's War
In the past month, the ruble has lost 46% of its value in gold.
The dollar has lost 6.5%.
The yuan has lost 6.3%.
As with the COVID lockdowns, the economic dislocations of war are neither easily nor quickly reversed.
Russia along with the rest of the world will be a long time paying for Putin's war.
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