[neilwilson]

Where do you think the Chinese get food from?

Where do you think the Russians get food from?

The belief in sanctions is the belief that the dollar is the one world currency - the silver coin. It’s fixed exchange rate thinking long after that went away

All that needs to happen for people to be fed is for there to be a circular economy in agriculture that produces a vast surplus.

Both China and Russia can do that internally now and certainly between themselves.

China and Russia has no need to sell anything outside of China and Russia. A simple Yuan-Rouble floating exchange rate will work just fine.

The people that lose out are those that can no longer access Chinese and Russian output in return for mere electronic promises. That’s the net importers of the West.

[KptMarchewa]

You believe in fairy tales if you think that China-Russia trade matters at all.

Russia is below 2% of Chinese trade and decreasing. Netherlands, 10 million people country matters more for Chinese trade than Russia.

China only wants Russia to sold cheap raw resources, and will squeeze them until they fold like Iran. https://en.wikipedia.org/wiki/Iran%E2%80%93China_25-year_Coo...

Being a net importer is great. Net exporters sell their goods, getting way less than they produced and sold. What happens with your foreign currency reserves in times of high inflation like now? They rapidly devalue.