If Russia's foreign reserves are seized by the USA, London and EU. No other country will think their reserves are safe in these countries. Oligarchs, foreign reserves and foreign investment would flee these countries. Leading to weakening currencies and associated standard of living declines. Gold maybe a safe haven, but this would weaken US economic power significantly. This might also be bad for Australia? What are your thoughts?
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Seizing Russias foreign reserves will have global repercussions
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