Much more equivalent to phenomenon surrounding the collapse of the Soviet Union: liquidation of an entire state's infrastructure via foreign exchange controlled exclusively by the security state . . with plenty of братва duocracy of course.
We've already seen equivalents, even before the 2008 Econopalypse, but activities like those of the Trump-affiliated circle is the terminal end: where USD-denominated assets are exchanged for pure state power. It's just that this is a particularly pure form of it.
There will be no unravelling of this, not until the system of USD seigniorage itself unravels.