Re-establishing trade with Russia and the entire global economy benefits. The EU is being strangled, but then that may be the plan?
Now it should be very obvious why NATO is being used to penetrate or defeat Russia. It is too bad politicians like Graham and McConnell are not held to bear for the true disastrous ramifications of their greed.
The evaluation is a little bit silly.
Placing numbers on minerals that represent a total of printed pieces of paper that were created from nothingness has no meaning.
Never ever forget that money comes from nothingness. Central banks create it via QE and they do so with the wave of a hand and a few key presses on a terminal. It’s value is determined strictly by the imagination of counterparties.
Oil value is determined by the quantity of joules. Those are not created from nothingness by the whimsical waving of a hand over a keyboard.
According to your previous statements it is not resources, but manpower productivity that determines a nation’s wealth.
You cited Japan and Germany as examples of countries without natural resources that became great after WWII.
Agree.
We have to develop our rare earth minerals. Or we need a science fix.
Now, do it per capita. That would be very telling.
(This is also a good argument for Canada to be another state, or two. ;-)
Proving yet again that physical possession of stuff does not make for wealth.
PRODUCTIVITY creates wealth.
NOT STUFF.
Brazil has rare earth minerals and is number 2 in this category to China. US needs a new supply chain here. Must keep China out of Americas.
This list seems to prove Rush Limbaugh’s point that the wealth of a nation is determined by its adoption of free market principles, not by its natural resources.
Add Canada as a nonvoting territory and the US would be #1—not even adding Greenland!
Those which we send money to all these years should begin to either support thems3lves, or pay us back. Pres Trump had it right demanding Ukraine pay back with mineral rights, or a % at least
The Americans and the Russians have everything to gain and nothing to lose by becoming strong and loyal allies. A huge effort should be made to establish and strengthen such an alliance.
There’s no surprises in that list.
As I’ve said on this site several times, Russia has the greatest intrinsic wealth on the planet.
Are those values taking into account the cost of mining, pumping, collecting or otherwise obtaining said resources?
bkmk
Thanks