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But it creates window of parallel systems. And it may end up weakening West control of global financial system. People think that by doing that Russia will sud

by ejanus 4y ago

But it creates window of parallel systems. And it may end up weakening West control of global financial system. People think that by doing that Russia will suddenly leave Ukraine but they are not realising that that won't happen.

mellavora 4y ago
May. But Russia's only export of value is gas. Get China and India to go all-in on renewables, while getting a soft agreement with them that future gas purchases from Russia will cost them in other ways, and the question is who would want to join Russia's parallel system? Didn't say my suggestion is easy or likely or without risk. It would take some really careful diplomacy. but it is feasible.
- FpUser 4y ago
  The US has already shown to China that they can and are willing to inflict pain by way of sanctions. At this point I think countries like China, Brasil, India, Indonesia etc will try their best to make sure that their economies can not be affected too much by US/Europe whims. That ship has sailed I think.
  - ejanus 4y ago
    That's my point. Things won't the same again.
- gg82 4y ago
  Russia in a parallel system will be able to develop its own technology. It wont happen overnight, but it will happen. If China ever wants to take over Taiwan, it will have an interest in working with Russia. China has been building new coal and gas plants every year.... They are unlikely to shut these down before their useful life has ended - so they will need Russian Gas and Coal for decades to come. China doesn't want to be pushed around by the USA. It may be painful for them as well - but I think the will consider that they must do it. Now lets look at the USA. Could be Oil/Gas independent, but current government makes that difficult. Dependent on Russia and China for many commodities and rare earth metals. Manafucturing sector has been exported to China over the past 20 years, meaning that many goods are not even made in the USA anymore. Huge shortage of semiconductors - which are used in every electronic product these days including cars. The USA must start the move of Manafucturing many more products again locally. They will cost more... but if it doesn't do this it will likely be in a very bad position if China tries to take over Taiwan. In summary global supply chains must be re-adjusted, which will take years. Whether this helps prevent further war... or adjustments are because of war will depend on how things are handled by United States politicians and business leaders. At this stage I suspect it will likely be because of war for the US/West and China will have been planing for this eventuality.
watwut 4y ago
Ukraine may manage to push Russia away or not. Either way, continuing business with Russia with its current ideology and behavior would be guaranteed to weaken West.

by ejanus 4y ago

mellavora 4y ago

May. But Russia's only export of value is gas. Get China and India to go all-in on renewables, while getting a soft agreement with them that future gas purchases from Russia will cost them in other ways, and the question is who would want to join Russia's parallel system? Didn't say my suggestion is easy or likely or without risk. It would take some really careful diplomacy. but it is feasible.

FpUser 4y ago
The US has already shown to China that they can and are willing to inflict pain by way of sanctions. At this point I think countries like China, Brasil, India, Indonesia etc will try their best to make sure that their economies can not be affected too much by US/Europe whims. That ship has sailed I think.
- ejanus 4y ago
  That's my point. Things won't the same again.
gg82 4y ago
Russia in a parallel system will be able to develop its own technology. It wont happen overnight, but it will happen. If China ever wants to take over Taiwan, it will have an interest in working with Russia. China has been building new coal and gas plants every year.... They are unlikely to shut these down before their useful life has ended - so they will need Russian Gas and Coal for decades to come. China doesn't want to be pushed around by the USA. It may be painful for them as well - but I think the will consider that they must do it. Now lets look at the USA. Could be Oil/Gas independent, but current government makes that difficult. Dependent on Russia and China for many commodities and rare earth metals. Manafucturing sector has been exported to China over the past 20 years, meaning that many goods are not even made in the USA anymore. Huge shortage of semiconductors - which are used in every electronic product these days including cars. The USA must start the move of Manafucturing many more products again locally. They will cost more... but if it doesn't do this it will likely be in a very bad position if China tries to take over Taiwan. In summary global supply chains must be re-adjusted, which will take years. Whether this helps prevent further war... or adjustments are because of war will depend on how things are handled by United States politicians and business leaders. At this stage I suspect it will likely be because of war for the US/West and China will have been planing for this eventuality.

watwut 4y ago

Ukraine may manage to push Russia away or not. Either way, continuing business with Russia with its current ideology and behavior would be guaranteed to weaken West.