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  • The Power of Siberia

    07/28/2022 9:37:11 AM PDT · by delta7 · 58 replies
    Armstrong Economics ^ | 28 July 22 | Martin Armstrong
    Sanctions strengthened Putin and caused “unfriendly nations” to form a closer alliance against the West. As the West suffers from an energy crisis with no solution in sight, Russia is benefitting from this in more ways than one. You may have heard of the China–Russia East-Route Natural Gas pipeline or the Yakutia–Khabarovsk–Vladivostok pipeline. Construction was approved in 2007, and in 2012, Putin ordered Gazprom to begin construction and renamed the project “Power of Siberia.” China and Russia signed a 30-year deal for $400 billion in 2014, and by December 2019, the pipeline was functional. The mainstream media focuses on the...