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Frostie-Flake
Lei's Real Talk
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Comments by "Frostie-Flake" (@PlanetFrosty) on "If sanctioned, can China demand its export be settled in Chinese yuan and peg yuan to gold?" video.
You do excellent research, but I see more similarities between Russia and China. May illusions and similar oppression of ethic groups, in the case of Russia, going back 150 years, but still a problem.
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I disagree about Russia’s manufacture, it is ethically as diverse and oppressed with over 70 distinct areas like China. The Gold standard is collapsing and is impractical in a digital age except for manufacturing and jewelry, but it’s upside in a digital world is declining. Some of Russia’s Gold has turned out to be paper derivatives, not real gold. Questions arise as to where the Russian is located as Oligarchs reported to control a portion. I DO AGREE WITH YOU ON CHINA, but I think Russia and China have more in common with ethnic oppression and will collapse together.
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Ruble’s impression of stability is an illusion and only applies “INSIDE RUSSIA” not internationally! This fake exchange rate is traded for massive inflation. RUSSIA’S GAS PRODUCTION IS DEPENDENT ON WESTERN ABD US SUPPORT AND TECH! It has been withdrawn. It’s gas field not operated by Russians, but French maintained by US Firms. This includes oil and refining support too! Soon Russia’s output will decline and it will take years to recover and restore those operations. This is what sunk USSR!
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