https://twitter.com/DmitryOpines/status/1499157917399977987
The James foundation has come to a different conclusion.
Russia can still trade with China, India, Pakistan, all of Africa etc. Thats literally 4 billion people.
They dont need currency, they have oil. Oil that is worth more and more every day. Even if they have to sell it at a 20% discount, thats still 80 a barrel.
Do you think China gives a shit about Ukraine? They love oil and will take all they can get. Same with India.
It wont take long before an official russian oil laundering line is put in place.
Yeah, things will suck on the consumer side (ie no iPhones) but guess what, China has a ton of Android phone companies.
The planes? There will be disruption but guess what, Russia has 3 of their own plane companies.
The whole little soviet union thing which meant absolutely everything they needed was built in house prepared them for this.
As long as China is open for business, and they will continue to be because they want Taiwan, Russia will be fine.
Now, if the US got sanctioned by China? THAT would be pandemonium. Aside from food, everything we buy is from China. We would nuke ourselves.