Quote:
Originally Posted by Damien
I can't see it extended beyond Ukraine. I also can't see what is it in for China to fund Russia's war when Russia's resources become strained.
|
Russia is the worlds second biggest supplier of energy. Their resources will not be strained…….as long as they have customers.
China will just dictate terms to Russia, they’ll purchase energy in Renminbi, not dollars or Roubles. They’ll strengthen their currency.
Western economies are under pressure, especially with COVID, Russia and Net Zero. You have pick which battle you want to fight. Never fight a war on two fronts.
Battle Putin, or battle climate change. We need to park Net-Zero, bring power stations back online. Make fuel affordable get the western economies moving, supply chains moving.
We can worry about the debatable issues Climate Change presents later, we need to sort Russia first.