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Others | 4 years ago

I think (3b) isn’t true, since the sanctions are effecting every part of Russia’s economy. And while the petroleum industry is like 40% of their exports by revenue, the other 60% is obviously significant. Also from a Russian point of view, the difficulty importing and lack of access to the international banking system may be more painful.

In fact if the west could target everything except oil, they probably would (since that’s the most critical export that Europe needs).

Your overall point still stands though. Your argument is strong. It’s not practical for Russia to simply redirect their flow to maintain “business as usual”.

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jansen555|4 years ago

China is supporting Russia. At the end of day, you want buy "stuff". China makes worldwide "stuff". Yes, they can't but Channel or enjoy netflix, but they are world food producers and near unlimited oil (if you factor in the frozen methane supply will dwarf entire Saudi). For money, China will be the middleman. So you still supporting Putin everytime you purchased an app from iPhone store. It is just a more complicated steps to assist Putin to take down Ukraine. The real question is can you sanction China? Look around you. China ensures decades of low inflation. Take China out of equations, you gonna see BLM rioting on steroid in America.