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Merlin Geikie
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Comments by "Merlin Geikie" (@merlingeikie) on "Are Putin and Xi helping each other by joining Russian and Chinese stock markets?" video.
The thing is that both Russia and China have flawed economic systems which lack domestic demand. The Communist China system exists as a Ponzi scheme and people are reticent about putting money into it. What this means is that the Ponzi system the bubble deflates and once it starts to deflate, people just run. It's the same thing with the Russian rouble. Russia has earned a lot of money through oil experts, but now through road behaviour constant atrocities like communist, China and a despicable and contemptuous attitude towards other nations in the world. Russia has destroyed its own economy, so adding them together, investing in each other is not going to produce a lot of demand, a lot of value or even satisfy markets. There's a good likelihood to tell both get each other banned from World markets all together which won't be a bad thing. Both of these communist atrocity ridden regimes need to be sat back on their haunches.
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