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Originally Posted by wraymond
and it's imports from China and how that would affect their preparedness to look again at the wider trade figures. It's an ill wind...
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Whatever you are reading this on, it will have had some kind of input from China (how much did you pay, think about it). As a global population, we are more dependent on Chinese products now, than they are on us. Can you imagine the cost of a mobile phone that stated 'made in Britain', USA, France etc?
This would be the position in the immediate aftermath of any Chinese trade restriction. Russian and Chinese consumers would sustain them for a while, prices would increase, as the market dwindles for China. Meanwhile the rest of the world would be paying more for consumer products, and will then sign up in desperation to the Chinese banking structure. By that time, the prices will be higher, but lower than locally produced products. Trade would then be calculated in Renminbi rather than the Dollar.
Quote:
Originally Posted by wraymond
However, is Mr. Putin entirely without any objectors in government? Or are they all either of similar mind or just plain terrified of him?
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No he has objectors both within and outside the govt. of course he has, most will be terrified, but there are objections and protests against him. It is only when they gain strength in numbers, that we see restricted reports of the crackdowns that follow.
You only need to look at the Putin's history of leadership to see how he works and thinks, (look into the presidents and prime ministers of russia between 2007 and 2013 and how that came about as an example)