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Rettam Stacf

Junior Member
Registered Member
Rettam Stacf said:
Let me try to understand the logic why sanctioning Russia's gold import and export will put Russia on her knees.
  • Russia is neck to neck with China as the two top gold producing countries in the world.
  • Russia import very little gold. Not even among the top 15.
  • Russia ranks #7 as gold exporter (4.4% of global export) in 2021.
  • Russia is right next door to China, the #7 ranked gold importer (11.1% of global import) in 2021. China can easily absorb all the gold Russia exports.
I give up. There is no logic at all.

This idea is probably originated from the same group of western financial/economic wizards who came up with the ideas of EU banning coal import from Russia in April (two months later EU all switching to coal), escrow oil & gas payment to Russia (this brilliant idea lasted not even a week), and institute a cap on Russia oil prices.

Sure look like another home run from these guys.
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China is the #4 gold importer in 2021, and not #7. Just want to correct it for the record.

One interesting observation.
  • China ranked either #1 or #2 as gold producer.
  • Yet China exports little (not among the top 15),
  • And imports a lot (#4).
It does not take a Harvard MBA to figure out that while some gold is used in manufacturing and personal jewelries, a majority of them go to China's reserves.

Remember a SDF member posted an article earlier saying China's disclosed gold reserve is way below the real amount.
 
solarz

solarz

Brigadier
Andy1974 said:
China will only hurt herself by retaliating in kind, this won’t hurt China much as they can divert polysilicon to their internal market and build up rooftop solar to 50% of buildings. It’s simple to divert previously EU bound products to SCO, GCC and North African countries, where they can be re-exported or used.

They need to create more internal demand for cotton now. Perhaps everyone should get a new wardrobe, different styles maybe.

However, for the sake of face, they probably will respond, I just hope they find a clever way that doesn’t inflict self harm like western sanctions. Chinese wisdom is needed here.

Someone mentioned these are EU sanctions, so for me it’s better to sanction more EU officials and anti China misinformation spreaders, journalists and politicians instead of EU countries‘ goods and services, which is self defeating and hate generating.

Edit, As these sanctions are related to Human Rights then China can also sanction anyone that abused Europeans human rights too, just not the regions when it happened. But the perpetrators or the systems.
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Agreed, these US/EU sanctions are poorly thought out and only benefit China and hurt themselves in the long run.

As Napoleon said, never interrupt your enemy while he's making a mistake!
 
E

externallisting

New Member
Registered Member
Helius said:
So you stole my stationery, and I took your shoes in return.

Now you want me to give you back these shoes, and see how you should feel about it??
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Illidan is out there somewhere...
vincent said:
Biden regime will sanction some Chinese companies (Hikvision etc) to death right after removing some tariffs to show how tough it is on China
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Dear god, how on earth did you become a mod lmfao.
 
AssassinsMace

AssassinsMace

Lieutenant General
supercat said:
Why the "Uyghur forced labor law"? For the U.S., if everything else fails, you impose sanction. However, this is just another thinly disguised trade-war, and it will fail as miserably as the previous one. Make sure you read the whole article. This is one of the most clear-eyed account of America's hubris.

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I like that term... "narcissistic self-delusion". In other words "I don't need you but you need me". That perfectly describes how the West applies that logic to everything to their own demise.
 
Philister

Philister

Junior Member
Registered Member
Nobo said:
I wouldn't give any kudos. While he has mentioned some of the things his country has done, he has skipped the root question that is about him & his people.
Pretentious government fixing will not save him or his people.
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Well, not all people are bright enough to see the fact that rebellion is a part of the system , by criticizing your own system from time to time, you add extra credibility to it.
It works even when you are really against it, the problem with Julian Assange is that he talks too much, especially about the war in Afghanistan.
 
E

externallisting

New Member
Registered Member
AssassinsMace said:
I like that term... "narcissistic self-delusion". In other words "I don't need you but you need me". That perfectly describes how the West applies that logic to everything to their own demise.
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This kind of apostatising here is so disapointing generally, I actually yearn for the days both BD and JHD were around RIP. More aggressive and unannounced calls for adherence to SDF "laws". That said, this post would qualify.

@AssasinsMace I expected better from you honestly, after having read through your posts the past decade.

No I'm not a mod, I just think this place can and should do better in terms of developing actual discord. Particularly as the primary forms of information disclosure seem lacklustre.

*e typo
 
O

Overbom

Brigadier
Registered Member
Another member of the US government has been successfully recruited by the MSS. Welcome, Comrade Tai!
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Tai says removing the duties is likely to have a limited effect on inflation, indicating she is pushing for the president to maintain tariff pressure on Beijing
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US Trade Representative Katherine Tai on Wednesday said that she views tariffs on Chinese goods as “a significant piece of leverage” in the US-China trade relationship and removing them was likely to have a limited effect on controlling short-term inflation.
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“We need to be keeping our eye on the ball on this bigger picture,” Tai said.
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“The China tariffs are, in my view, a significant piece of leverage – and a trade negotiator never walks away from leverage,” Tai said.
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Already learning from Agent 001, the master negotiator, Comrade Trump
 
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