Russia says cannot guarantee resume of gas pipeline flow to Germany

M.W. said:
That is absolutely not reflected in their currency. They do way way better than western media attempt to make everyone believe.

You call that Iran cat and mouse game a success? It's an absolute farce that keeps one of the great nations of extremely highly educated people with a rich history and culture under the thumbs of Mickey Mouse.
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The currency is artificially propped up and the current rate is meaningless. You can only buy it but selling it is near impossible. Russian CB is also spending reserves to prop it up. If selling was permitted, it would drop fast and hard.
Replacing EU pipelines with China will take at minimum 3 years. During that time there's nothing to do with all this gas supply but sell it with a large discount as LNG to China and India. The amount will be a drop in the bucket compared to what they supplied to EU though.

I don't agree with the Iran sanctions but they were effective, very much so.
 
Depends on what you define as average. Chinese brains have been leaving the US in troves. All because of better opportunities back in China. IP theft or not, if life was so much better in the US, nobody would choose to go back to China. If you mean with average people Rwanda, Nepal, Philippines, or Senegal then you are probably right.

otctrade said:
No doubt lots of Chinese spies in the US stealing the know-how but the average person isn't going to be emigrating to China anytime soon.
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What are you talking about. the currency exchange rate is free floating and freely convertible between Russia and China, and Russia and India. In fact Russia is demanding to get paid in Ruble these days. I understand your sentiment towards the Russian leadership. But what I find disappointing is that you are seemingly impacted in keeping a clear level head regarding economic shifts and developments and that you are seemingly clouted by your emotions towards Putin. I get it but it does not impact the fact that the Russian ruble is extremely healthy and the economy is nowhere near any collapse at all.

Edit: Deutsche Bank in Germany provides large EUR/RUB facilities every single day for German corporates that do business with Russia, especially resource based corporates. They all pay market rates, nothing here is inflated or manipulated.

d08 said:
The currency is artificially propped up and the current rate is meaningless. You can only buy it but selling it is near impossible. Russian CB is also spending reserves to prop it up. If selling was permitted, it would drop fast and hard.
Replacing EU pipelines with China will take at minimum 3 years. During that time there's nothing to do with all this gas supply but sell it with a large discount as LNG to China and India. The amount will be a drop in the bucket compared to what they supplied to EU though.

I don't agree with the Iran sanctions but they were effective, very much so.
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SunTrader said:
Which means .... more states suffering. LOL
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Prospering, man, prospering! :)
China investing big in Russia and also buying much from Russia.
Russia & China = A Dream Team & Liberators for all of the US-suppressed countries in the World.
...I hope I don't sound like a commie :)
 
earth_imperator said:
Prospering, man, prospering! :)
China investing big in Russia and also buying much from Russia.
Russia & China = A Dream Team & Liberators for all of the US-suppressed countries in the World.
...I hope I don't sound like a commie :)
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You don't sound like one. You are one, living in the past. And I don't mean past glory.

Can a brother spare some toilet paper. ;)
 
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