It's more about the level of cooperation but also the situation of Russia in the partnership. Clearly Russia have the shorter end of the stick like Canada.
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- Thread starter bd popeye
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The difference is that Canada use European or US engineering to do most of resource digging or even healthcare. Russia has very high level of internal creativity. it only use resources for exchange.
They are restoring Crimea wines and historic architecture without European participation. these are delicate skills not every country alone can do it.
This thing will be unacceptable to Russians unless extensive trials. The anti vaccine information that Russian used to publish was directed at this thing for its pro people. they even want to create Lufthansa elite lounge at Russian airport so that Germans can get Russian vaccines.
When the the US and dollar collapse, yuan become a new global and reserve currency.
Then China can print it out, without losing value, and give it to their citizens to spend, and live of that only, just like the current US.
However, China won't be dumb like the US, it will also probably keep some of its industry, like high tech products with high entry barriers.
Meanwhile, low quality exports requiring artificial yuan value lowering won't be necessary or even desirable then.
Thus, if the yuan becomes the leading currency of the world, China can finally achieve common prosperity.
Just to add, must people don't understand how valuable global currency status is. It literally allows the US to have a high standard and astronomical budgets, without even industrially producing or exporting all that much, without working hard.
That's why the BRICS joint currency will never become a thing, China would want its own currency to be global, India would want its own, etc...
It's all about unchecked capitalism that is controlled by the very few as discussed on the book "GIANTS: THE GLOBAL POWER ELITE" that came out without much fanfare and exposure back in 2018.
Here's the interview with the author discussing the nature of the arguments you posited here.
Here's the interview with the author discussing the nature of the arguments you posited here.
The situation with aluminium is even more lopsided. Remember the panic and price spike of aluminium because of the sanctions on Russia last year? Imagine getting into a trade war with China when world aluminium production looks like this.
If they cut supply of aircraft and aircraft parts to China, then good luck getting titanium and aluminium to make those planes. Especially if China and Russia decide to act together against them.
AssassinsMace
Lieutenant General
But not enough to support its allies or else they wouldn't be whining about supply-chain problems.
List of documents signed by Russian President Putin and Chinese President Xi today:
Man being PM of Japan sucks. Not only do you not have real power in your country, you have to waste your time doing this kind of crap at the US's beck and call