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There is a third pipe which is ability of Russia to use foreign currency to buy stuff. That is the pipe that got turned off, it is not clear if/why Russia would
by TrainedMonkey 5y ago
There is a third pipe which is ability of Russia to use foreign currency to buy stuff. That is the pipe that got turned off, it is not clear if/why Russia would continue to send gas.
On one hand they could stop sending gas, on the other hand what else would they do with that gas? I am hoping that they do not have significant storage or transportation to Asia infrastructure.
- SR2Z 5y agoPresumably oligarchs and Putin think that there's a way for them to evade sanctions.
- spartanatreyu 5y agoPutin is definitely going to try and launder his monetary reserves through China to access the greater world.
- aaaaaaaaata 5y agoSo Bitcoin?
- octoberfranklin 5y agoThat third pipe has a large arterial which detours through China before reaching the West.
- bilbo0s 5y agoYou assume that it would reach the West. Maybe China just takes the Russian gas and pays them in Yuan. I have a hard time believing that China will forward energy resources to anyone else when they, themselves could be using said resources. But I could be wrong. Maybe they're big hearted like that.