E287 - Russia and India Are Cutting Out the Dollar as U.S. Debt Explodes
Published: July 16, 2026
Duration: 13:05
Russia and India are working to expand trade without relying on the U.S. dollar. At the same time, the United States continues adding trillions to its fiscal deficit.
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos connect those two developments and examine what they could mean for the dollar’s long-term global influence.
Russia and India are increasingly settling trade in rupees and rubles, reducing their exposure to U.S. payment systems, exchange-rate volatility, and sanctions. Their reported goal of reaching $100 billion in trade demonstrates how quickly financial relationships can...
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos connect those two developments and examine what they could mean for the dollar’s long-term global influence.
Russia and India are increasingly settling trade in rupees and rubles, reducing their exposure to U.S. payment systems, exchange-rate volatility, and sanctions. Their reported goal of reaching $100 billion in trade demonstrates how quickly financial relationships can...