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Twomix
Zeihan on Geopolitics
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Comments by "Twomix" (@twomix1822) on "Odessa, and The Ukraine War" video.
For those who thinks China will be able to help Putin out economically will realize the Chinese economy is reaching a tipping point towards collapse too. Russian economy = collapsing, China economy = collapsing. Not a good sign for the globally intertwined economy. Frankly the era of globalization happy go lucky is about finished.
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@geminiXXX ZERO COVID policy and OIL. While yes China and India are buying up all the cheap Russian oil at discount prices India's Russian oil only constitutes 5% of its fuel needs. Even the Chinese is maxed out at Russian oil at 15%. 80% of Russian oil have no other buyers and are basically sitting in storage rotting and fossil fuel comprises about 40% of its economy/GDP. So if you suddenly lose 30-35% of your GDP (in a matter of weeks) I think that's called collapsing. As for China, economy already slowing due to COVID + real estate issues + myriad of other issues (energy security) + Russian sanctions + uncontrollable debt, etc. I don't wanna type it all out. Some are now saying China would be lucky to make 0-2% GDP growth this year (PRC government targets 5.5% at least).
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