Comments by "" (@thomasherrin6798) on "Zeihan on Geopolitics"
channel.
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It does matter they only have so much gold, not an unlimited supply, and if the Rouble falls when they sell energy to China, India and Egypt they will get less for it. For example the gold they hold is worth 156 billion but the money they lost on the currency this year is 50% so far, total energy exports for Russia is 150 billion for 2023 to date approx. (A big reduction on previous years for energy export) so the currency loss is 76,500,000 USD half of the gold reserve so far, they still have all their bills to pay, however like Peter says services and infrastructure in Russia will be taking a dive (Except for maybe Moscow and St. Petersburg!) but Putin still has to fund a war, and pensions and the home security to stop uprisings and the like, the figures never lie and Russia is bleeding red, and although the citizens so say support the war they will not remain silent if it starts looking bad!?!
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Germany and Nuclear, it's "dangerous" say the politicians, well if you are going to run it like a "Soviet State Model" maybe, Chernobyl claimed 3,500 lives total, the Japanese Nuclear incident (I'm not going to attempt to spell the plant name!) following a tsunami claimed around 2,100 deaths, all are regrettable, but lessons have been learned for new nuclear builds, but lignite related deaths in Germany are 3,500 to 4,000 "per year", and nothing is done about that, but I suppose it's in Germany's back yard, so it's o.k. (All info. from Wikipedia)!?!
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