Russia Ukraine war, page-116028

  1. 22,443 Posts.
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    You forget the commitment made by China to Russia 2 weeks before the war.

    We know from the BRI that China invests rather than donates and IMO
    its deals with Russia now are no different. If China "lends " to Russia it will be
    forward payments for Oil, Gas, Coal, Aluminium Food or Fertilisers ; all
    at discount prices.

    IMO it will be the same with India albeit smaller in value than that of China.

    The Rouble value vs the AUD is the best objective measure IMO of how the
    Russian Economy is going. Keep in mind that the former Russia (USSR)
    was basically an insular economy partly by choice and partly due to US economic pressure.
    Prior to the war both the AUD & the Rouble were "commodity" currencies:

    https://hotcopper.com.au/data/attachments/5107/5107776-a767d8f9cf8de3b86ad9144c51c6e6b8.jpg



    Last edited by moorookamick: 07/03/23
 
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