Another way to look at is Putin making sure Nkorea has some skin in the game if it wants to be a trade partner. We use allies and proxies all the time. It's no different.
As for interest rates, you assume that Russia and China are still playing by Western rules. Sun Tzu.
You think 47 western countries are the target buyers for Russia's exports? No, it's the other 148 2nd and 3rd world countries that require all the things that Russia produces in spades. Food-Fuel-Fertalizer.
What it means is that some of our western "experts" dont understand whats going on, being young and only familiar with globalism. They look at the moves and assume it means desperation because they view them through the lens of globalism and global trade. And there are others who have a major stake in maintaining the global order of things as they've been, and attempt to discredit anything that threatens it.
The world beginning to move back towards mercantilism and regional markets. This threatens globalist hegemony.
Appear weak when you are strong. Many believe we're in the midst of WW3, it just hasn't been fought with weapons yet because it's been a financial war.
I said the world is beginning to move back towards that.
But in the meantime, it's why the sanctions and removal from the SWIFT system didn't work to break Russia.
Those things only work if you're bought into the Western monetary system and hold US currency and debt. Prior to February 2022, Russia had paid off all its US dollar-denominated debt. When they started sanctioning Russia, Russia began trading in local currencies and asking for rubles in return.
Another way to look at is Putin making sure Nkorea has some skin in the game if it wants to be a trade partner. We use allies and proxies all the time. It's no different.
As for interest rates, you assume that Russia and China are still playing by Western rules. Sun Tzu.
You think 47 western countries are the target buyers for Russia's exports? No, it's the other 148 2nd and 3rd world countries that require all the things that Russia produces in spades. Food-Fuel-Fertalizer.
What it means is that some of our western "experts" dont understand whats going on, being young and only familiar with globalism. They look at the moves and assume it means desperation because they view them through the lens of globalism and global trade. And there are others who have a major stake in maintaining the global order of things as they've been, and attempt to discredit anything that threatens it.
The world beginning to move back towards mercantilism and regional markets. This threatens globalist hegemony.
Appear weak when you are strong. Many believe we're in the midst of WW3, it just hasn't been fought with weapons yet because it's been a financial war.
I said the world is beginning to move back towards that.
But in the meantime, it's why the sanctions and removal from the SWIFT system didn't work to break Russia.
Those things only work if you're bought into the Western monetary system and hold US currency and debt. Prior to February 2022, Russia had paid off all its US dollar-denominated debt. When they started sanctioning Russia, Russia began trading in local currencies and asking for rubles in return.