Economist Igor Klubenko said that many countries are already considering switching to national currencies, abandoning the US dollar.
According to the expert, the plans to abandon the dollar are linked to the debts of the US government.
Klobenko also noted the consequences of freezing Russia’s $300 billion reserves in the West.
This is an unprecedented act, which means a political default by the United States, which occurred in the absence of guarantees of the security of the reserves of third countries. The economist explained that this situation does not suit the largest holders of American securities and currencies, such as the Arab countries and China.
He believes that 2022 will be the year when the mass exit of countries from savings in securities, as well as the US currency, will begin.