US officials say Russia has asked China for military help in Ukraine

[BumRushDaShow]

39. There are some serious

chess move strategies going on here.

China, for many years, has always had their "out" - their tried and true "We do not want to interfere in the internal affairs of other countries". They invoke this quite a bit... when it is in their self-interest.

If you look at the situation today - regardless of whether Russia succeeds in taking over what is now a sadly increasingly trashed Ukraine or not, they are completely ruble-less. Literally 30 years worth of a re-introduction into the global society and global economy, has been decimated by Putin in 3 weeks.

And I post this GDP graph often now (Russia is located in the green section as a carve-out that sits right next to the graph legend label "Europe" ) -



I think Russia is relying on this - https://www.independent.co.uk/news/uk/politics/russia-oil-uk-ban-ukraine-b2031228.html



and it would be a matter of dealing with that aspect since China is the biggest user of fossil fuels in the world.

You do have this dynamic though - https://www.forbes.com/sites/rrapier/2019/07/14/ten-countries-that-dominate-fossil-fuel-production/?sh=34d8072f5b13

TOTAL



BREAKDOWN