Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Konstantin Samoilov - 3 Levers Trump Could Pull to Trigger Putin's Doomsday Scenario @INSIDERUSSIA" video.
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Putin is making essentially zero profit from oil exports. Why? Because India and Red China are hard bargainers.
India is trying to stick Russia with taking Rupees. (!) To avoid taking any more, Putin has orchestrated a three-way trade in currencies.
Which scarcely solves his problem. Arabs are sharp traders, too.
As for Red China, they drive a hard bargain, too. How? By providing Russia with 'Seconds' -- the stuff that the West won't accept.
They are also giving Putin lip-service, of which the Chinese are past masters of, while permitting him to import non-military grade goods.
Stuff like golf carts, electric scooters, plastic combat helmets, etc. Right now Red China has a monopoly on car imports. Chinese cars are NOT suitable for rural Russia, nor its far north. Domestically produced Ladas are now selling for Mercedes prices in Moscow. (!)
The requirement to stump up 30% interest is crippling all real estate projects. Any firm that depends upon financing is dying.
That even includes defense contractors with tempos to meet.
Putin has run through his own cash -- and now is running through everyone else's, too. And at a tremendous tempo.
Economic collapse must occur when everybody and his brother is bankrupt. Then, everything boils down to barter. Ugh.
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