Russia and Ukraine flashpoint

[Pemalite]

KratosLives said:

Pemalite said:

It would embolden China to take Taiwan if it knows the west is only going to bark.

where will russia keep getting it's money to fight a long war. Russia will have to fight the people , and possibly neighbouring countries. Could china survive the same sanctions russia is getting ?

Where will Russia get it's money from? It's a sovereign currency. It's backed by gold.
At the moment the Russian Ruble is a floating currency so it can fluctuate with market trends.

However... China and Russia have excluded the USD from trade and directly trade in their native currencies anyway, Russia can get everything it needs from China, which is economically massive these days at 15~ trillion.

The world closing off to Russia will simply force Russia to rely more heavily on China.

But China on the other hand is another matter... It's not where China can survive the same sanctions, it's whether all the other developed nations can survive without China... Because let's face it, we manufacture the vast majority of the worlds goods, China is also a powerhouse in rare-earth materials.

What needs to happen is decentralized manufacturing/processing before we can successfully sanction off China.

In saying that... Russia isn't economically massive these days... Microsoft or Apple have bigger market caps than the value of the entire Russian economy. Puts things into perspective.
Russia also has almost 6x the population of Australia, but it's economy is likely equivalent/less after these sanctions.

Dulfite said:

SvennoJ said:

You can print money and Russia can build their own stuff.
China could survive sanctions as well, was doing fine on their own for many centuries.

Printing money is literally pointless in this context. Ask Germany after ww2, people were burning cash just to start fires. China alone cannot sustain Russia, and if they tried, they'd be hurt economically by it both in the short and long run.

Also, it took decades for China to adjust to the global market. And that was when their population was a LOT less. If they were to tie themselves to the sinking stone that is Putin then the sanctions they get wouldn't take decades to impact their economy, but rather weeks and months. Decades of slowly getting where they are on the global stage would be (not entirely, but significantly) undone within weeks/months, and they have a MUCH larger population to provide for now than they did half a century ago. 

We will see how far loyalty to authoritarian, scary governments lasts when 100 million+ in Russia and 1 billion+ in China are living in increasingly worse economics situations all because of their governments stupidity. The larger a rebellion grows, the less likely you as an individual will have to fear by joining it. 

If China is smart, they will let Putin take this fall and act like they had nothing to do with it, retract from their Taiwan threat, and live to fight another day after a couple decades of everyone pacifying before attempting to do it again. If they are dumb, they will support Russia, and their own uncontrollably large population will rise against them.

Printing money causes inflation. But you can play with that as well to a nations benefit.

On China however... China is resource hungry, obviously they wouldn't be handing over money to Russia willy-nilly, there would be tangible transactions taking place.