Posted on 01/21/2025 7:18:11 PM PST by marcusmaximus
MOSCOW -- Russian President Vladimir Putin had a call Tuesday with Chinese President Xi Jinping, emphasizing the two countries’ close ties, a day after Donald Trump was sworn in as the 47th U.S. president.
-snip-
“We jointly support the development of a more just multipolar global order and work to ensure indivisible security in Eurasia and the world as a whole,” Putin told Xi in remarks carried by the Russian state TV. “Joint efforts by Russia and China play an important stabilizing role in global affairs.”
(Excerpt) Read more at abcnews.go.com ...
Good luck with those ideas, they’ll all just send Europe into the sewer EVEN FASTER, particularly stealing the $300B.
Obviously Putin and Xi are concerned about Trump taking back the Panama Canal
Er, by what mechanism are these going to “send Europe into the sewer EVEN FASTER”?
“Er, by what mechanism are these going to “send Europe into the sewer EVEN FASTER”?”
Who will trust them with their money? Kind of hard to have trade with countries if they fear you’ll simply STEAL their money.
Seems unlikely. Kind of a given. Do not start such wars, or make yourself into what everyone hates. This was a given. Everybody and his brother, (among the states inclined to be annoying) have suffered the same fate. Iran, Libya, Syria, Iraq, etc.
And on the other side, there simply isn’t a state or group of them that can provide better “safety” (a safe harbor from political risk).
“Seems unlikely. Kind of a given. Do not start such wars, or make yourself into what everyone hates.”
That’s today, tomorrow it might be prohibiting little kids from getting their dicks chopped off, as is what Hungary is dealing with now. In other words, once you WEAPONIZE money, countries will not forget about it and will always fear it, regardless of how much you try to say “Nothing to worry about”.
As to your other question, they’ll find countries that DO NOT weaponize money.
Actually, at various times Biden lifted sanctions, and also suppressed US energy production to assist the Russians and Iranians in selling their more expensive-to-extract oil.
The trouble is that there are no countries that do not weaponize money, or have any significant track record of such forbearance. And there are risks beyond this one aspect of political risk.
Look for “political risk” premium.
True, but people still think it’s the 1980s and Russia depends on energy for virtually all of their ‘hard currency’ imports. Times have changed, and that became quite obvious when Ursala PROMISED that Russia’s economy was “in tatters, I tell you it’s in tatters!”...nearly 3 years ago. Since then, the World Bank upgraded Russia to a “High-Income Country”.
“The trouble is that there are no countries that do not weaponize money, or have any significant track record of such forbearance.”
An unknown is FAR BETTER than a proven crook.
Trump is still getting the same faux intel.
Sorry, it’s politicized - claims that the US is ZERO RISK when they’re already involved with stealing a HUGE amount of money.
The risk premium is a “revealed preference” metric, the implied risk international investors allow. You will have to argue this with vast numbers of people and institutions.
It’s also relative. It’s not zero risk absolutely, but compared to the available options. If you were the Kuwaiti national oil company and you had to park some money for a while, would you buy US bonds or Chinese? How much greater yield will the Chinese have to give you to try them out?
But they do.
” Russia depends on energy for virtually all of their ‘hard currency’ imports. “
Wait until they price-in the theft of $300 BILLION. Then we’ll get a better idea if the move was so ‘brilliant’.
“But they do. “Russia depends on energy for virtually all of their ‘hard currency’ imports.”
Just because you claim it doesn’t make it true. But regardless, EVERY time the Neocons have tried to ‘sanction’ Russian oil it just finds new ways to flow.
Okay, we’ll stick a pole up Putin’s fanny, then Xi, then the Iranians, anyone else want one? Z? Trudeau? George Soros?
There’s yer multi-polar world.
Thanks, like I said, they’re now FAR from being dependent on oil. And of that 43%, half (at least) are to China - good luck stopping that!
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