noddy wrote: ↑Sat Mar 12, 2022 7:14 am
European public did a 180 in the last few weeks.
all the small states which didnt want to join american aggression in NATO are now banging at the door, Putin has miscalculated how much people trust him.
Germany has now switched position and doubled its NATO budget and cancelled its Russian pipelines - looking to the middle east to replace them, Finland, Sweden, alll the little Russian border countries looking to join NATO.
True, American inflation is at huge risk if Russia, China and their customers abandon the dollar, that is a very interesting thing to watch.
These are governments, not people
My guess is, Russia will work on European public and next elections we will see what European public wants
In final analysis, things boil to whether European public, down the road, wants War with Russia (things will lead to that) .. or .. European public would prefer to have a new "security arrangement" with Russia
That is what things will end up
My guess is, Europe will settle for new "security arrangement" with Russia
If so, Europe will decouple from US, and, also move more towards China
Also
noddy
It is not in American nor European interest to confront Russia
US/Europe lost Iran to China and Russia
Now the danger is , West losing Russia to China too
Russia has all what China needs .. energy , any natural resources , and is just next door
Russian engineers are one of the best in the world, China would appreciate that
Russia no good entrepreneurs , China would fill that gap
So, a China-Russia team (add to that central Asia) is unbeatable
And
European prosperity based on Export .. and .. for US to prosper must export too
Both export where ?
It used to be to China , Russia , Middle East , India ..
But those no more in Western camp
Re U$ Dollar
U$ Dollar in real danger
China , India , Arabs, Japan , even Germany etc all looking what US doing to other nations Dollar at FED
There Zero doubt , in 10 Yrs , Dollar no more "reserve currency"
Have a look
US block on Russia’s foreign-exchange reserves could cause China, Saudi Arabia and others to dump their US debt holdings
https://asiatimes.com/2022/03/us-sancti ... -the-buck/
TOKYO — Japan and China tend to agree on very little when it comes to economic strategy, geopolitics or managing Western idiosyncrasies. Yet Joe Biden is bringing Tokyo and Beijing together on one issue: their combined US$2.4 trillion of US Treasury debt holdings that are now suddenly in doubt.
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