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> Russia has no need of the West’s money. It has its own The West can effectively devalue the Ruble, cripple their economy, and make them an economic pariah fo
by adventured 5y ago
> Russia has no need of the West’s money. It has its own
The West can effectively devalue the Ruble, cripple their economy, and make them an economic pariah for generations. It would be possible to cut their economy in half in real-terms, even with China helping them.
The USSR was far mightier - both militarily and economically - than modern Russia and we economically contained them. We can break modern Russia if necessary.
And China? They're dealmakers and they will sell out Russia if presented the right deal, it's primarily a question of what they would want. The West and its affluent allies have more to offer China than Russia does by a factor of 20x.
It's possible to almost entirely isolate Russia if we need to do it.
- 988747 5y agoI think GP's point was: Devaluating Ruble could cripple Russian economy only if they imported a lot, which they don't. They are self-sufficient, they have all the natural resources on their territory, and they have manufacturing capabilities to produce everything they need, they do not need any trade with the rest of the world. Also, Russian people are used to being poor, so it's not like they will rebel because of getting even poorer.
- type0 5y ago> And China? They're dealmakers and they will sell out Russia if presented the right deal, it's primarily a question of what they would want. No, they want Taiwan and US wouldn't consider that. China wouldn't sell out Russia for anything other than World domination, they are Chinas only friendly big neighbor and their best companion against the US.
- neilwilson 5y ago"It's possible to almost entirely isolate Russia if we need to do it." And how is that a problem for Russia. They are self-sufficient in everything they need.
- pcwalton 5y agoThe US is way more self-sufficient than Russia is: we have abundant natural resources, plenty of food, technology that puts that of Russia to shame, a far more modern and competent military, several times the GDP per capita, etc. But nobody says the US would be just fine if it walled itself off from the rest of the world.