Comments by "" (@thomasherrin6798) on "Zeihan on Geopolitics"
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@sweden_is_xxxx The Russian Rouble is worth one cent of a USD and falling, it would cost Europe far more to let Russia achieve its ambitions, comrade, the cost was high initially due to Mainland Europe's dependency on Russian energy but the "whole" of Europe is transitioning it energy supply and it will be majorly renewable energy independent by the 2030's, and totally energy independent by 2040's, the first continent to do so, and the energy can be permanently generated in our own backyard, this "minor" recession will be long forgotten, Russia's energy revenues will never recover and are at 50% of their pre war levels, and will likely get worse, comrade, there is no good outlook for Russia and their illegal and barbaric invasion only pain!?!
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Chinas economic boom stopped in 2008 when non-productive debt took over, they have been amassing a debt burden since then, COVID has worsened the situation and still is, its debt burden is $57,000,000,000,000 approx. and counting. World Trade will continue with or without the U.S. as it has always done since ancient times, and if it does withdraw it economy will depreciate further, it will no longer be the reserve currency and it will not maintain its security budget, you don't need a big military to guard your back yard, especially when most of your citizens have six guns!?!
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