Russia Abandons The West For Asia – This Pivot Will Change The World
11,580 views Mar 8, 2023
Russia is moving away from Europe and shifting all its focus to Asia, specifically China and India. This groundbreaking move will shift the world order further away from the West while Asia will continue to gain economic power, and it all hinges on cheap Russian energy. The sanctions have backfired and we could see a situation where the EU could once again knock on Russia’s door to buy oil and gas!
Good times for countries in SE Asia to reap from the conflict by finding ways to bridge East and West. Oil storage facilities in Sing & Mal are already almost to full capacity
If you think US and it’s satellite states will allow Asia/SE Asia to sleep well, then you’re probably dreamin’.
It’s not the loss of Russia’s volume of trade that is a game changer, not that it’s not significant, but if Russia can survive within the BRICS + OPEC + Global South then that is a sign for many other countries that don’t want to be subservient to the US and EU that they don’t have to fear economic sanctions from the West and can negotiate with the US and EU on a much more equal footing. And if this alternative trading bloc uses gold/oil backed currency, then many countries will feel comfortable to de-dollarize their domestic and trade which will make it very hard for the US to continue to finance their military expansions and excursions. It’s the migration of this large group of countries to the alternative trading bloc that is a true game changer to the US and EU since they can no longer mobilize multiple countries against their target anymore, basically neuter their weapon of choice which is sanctions.
Correct. And also they cannot weaponize their interest rate further to supress other currency that depend on dolar
Kobe A5 Wagyu
Not only Russia can survive, Russia will thrive with Global South demand. Indians and Africans populations ain’t stopping anytime soon while Chinese manufacturing power are increasing everyday. Russia also have one of the lowest debt-to-GDP in the world and is considered the biggest natural resources superpower in the world, even more than U.S and China combined!
@shaanz I have noticed this too of late, forex is extremely telling. A few years ago shorting USD/RUB netted 400 swap a day.. Aussie was 200 ish, but now there is zero positive swap when going against the US as far as I have seen. Heavily manipulated and rigged. Czytaj dalej