- Dec 22, 2009
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Things are going just great in BRICS....
BRICS and the reduced power of the US dollar.
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You can see why Xi approved Russia attacking Ukraine, makes Russia reliant on them and weakens Russia's influence in central Asia (and their ability to resists Xis laughable claims on Siberia), and wears the West down so that the Taiwanese people are more isolated to Xis attack.You need to look bring the headline figures and see what that was made up of.
Russia’s economy is now completely driven by the war in Ukraine – it cannot afford to lose, but nor can it afford to win
Western military support for Ukraine is more important than ever.theconversation.com
China will soon regard Russia as a mere vassal state, if it doesn't already.
The US has massive structural economic issues but that doesn't automatically mean Russia is ok.
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- Mar 16, 2002
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???? It’s a known fact that Russia’s economy is out performing most of Europe…
BRICS is making US financial sanctions less threatening…
You can Think what you want to think…
You're not wrong but......Russian economy has gone full war economy and into autarky due to sanctions, this leads to good GDP figures(what the measure actually defines is war potential) but it's people would be struggling under lower supply, conscription and high inflation. Not that this will stop Vlad
This should lead people to question how we measure economic strength and what it really means but it won't
Exactly. The Russian economy has been gutted and to claim its growing or outperforming Europe is just to fixate on one specific number while ignoring everything underneath it. And the reality on the ground. What will happen if the war drags on? What will happen if it ends? Those are the two options, and neither are great for the Russian economy.
Feel like I'm doing a both sides thing here but yes it hurts Russian proles, no it won't change the regime, and yes it'll normalise after a ceasefire is called. The Russian economy while rubbish(from an Australian perspective) is fine long term
Ballarat Bob
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- Feb 5, 2020
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Another article debunking the 50 year agreement and giving more background information.
protos.com
No, Saudi Arabia isn’t ditching the dollar for Ripple in its oil trades
Many people believe the US and Saudi Arabia signed a 50-year pact to sell oil for dollars. However, this never happened.
protos.com
Not really. Middle eastern oil just isnt that relevant going foward.
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