The next few weeks/months are going to be very interesting. Saudi Arabia has doubled down on its new direction. Japan/EU seems at edge with the war in Ukraine. China is making new moves in the global financial scene. The US has accumulated significant political debt in the recent years. They have significantly abused their position with the US dollars hegemony. In this recent conflict, the cost burdened Europe and th…
The US is the largest oil producer in the world, one of the largest producers of food, one of the top innovators, has relatively healthy demographics, is surround by allies (one of which produces oil and fertilizer), and has the most dominant military on the planet. Your outlook is significantly more gloomy than reality
Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
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Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#62Anyone who's been paying attention I believe would agree that our foreign policy around Ukraine has come at a huge cost not only to us financially and economically, but also to our foreign relations. Under this conflict our relations with China, India, Brazil, Saudi Arabia -- these are important partners -- have degraded. Having watched that unfold, this isn't a surprise to me.
Well. China relationship is strained for many reasons, Ukraine and their general support for Russia conducting the war is just icing on the cake. This has strained Chinese relations with multiple countries though (UK, EU members, etc.). India I’m not seeing much in the way of change. The US at least didn’t really do anything different with India buying Russian oil. US relations with South American companies are varia…
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#63The next few weeks/months are going to be very interesting. Saudi Arabia has doubled down on its new direction. Japan/EU seems at edge with the war in Ukraine. China is making new moves in the global financial scene. The US has accumulated significant political debt in the recent years. They have significantly abused their position with the US dollars hegemony. In this recent conflict, the cost burdened Europe and th…
Can you describe why you think the US has "significantly abused their position with the US dollars hegemony."
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#64Anyone who's been paying attention I believe would agree that our foreign policy around Ukraine has come at a huge cost not only to us financially and economically, but also to our foreign relations. Under this conflict our relations with China, India, Brazil, Saudi Arabia -- these are important partners -- have degraded. Having watched that unfold, this isn't a surprise to me.
Do you relish the prospect of Russian troops on the borders of Poland, Slovakia, Hungary and Romania? I don't.
Meanwhile US relations with Europe would be at the lowest level since WW2, it would be seen as an utter abandonment and betrayal of our shared values, including US treaty guarantees on the sovereignty and territorial integrity of Ukraine. America's allies across the world would know for a fact the US could not be relied upon to support them. Russia would know this. Taiwan would know this. China and North Korea would know this.
They would also realise that this situation might only last as long as the current administration. There are some in the world that would see this as a golden opportunity.
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#65Anyone who's been paying attention I believe would agree that our foreign policy around Ukraine has come at a huge cost not only to us financially and economically, but also to our foreign relations. Under this conflict our relations with China, India, Brazil, Saudi Arabia -- these are important partners -- have degraded. Having watched that unfold, this isn't a surprise to me.
Relations with China were already decaying, things seem normal with India, and Saudi Arabia is the result of Trump and Co kissing MBSs butt while in power. The Saudis are much more reliant on the US than the other way around
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#66Tokyo won exception to rules binding G-7 nations.... Japan got the U.S. to agree to the exception...
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#67The next few weeks/months are going to be very interesting. Saudi Arabia has doubled down on its new direction. Japan/EU seems at edge with the war in Ukraine. China is making new moves in the global financial scene. The US has accumulated significant political debt in the recent years. They have significantly abused their position with the US dollars hegemony. In this recent conflict, the cost burdened Europe and th…
The US is the largest oil producer in the world, one of the largest producers of food, one of the top innovators, has relatively healthy demographics, is surround by allies (one of which produces oil and fertilizer), and has the most dominant military on the planet. Your outlook is significantly more gloomy than reality
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#68Earlier quoted context omitted.
The US is the largest oil producer in the world, one of the largest producers of food, one of the top innovators, has relatively healthy demographics, is surround by allies (one of which produces oil and fertilizer), and has the most dominant military on the planet. Your outlook is significantly more gloomy than reality
While this is all true, "cashing in" on any of those advantages is not something that can be done peacefully, so perhaps a gloomy outlook is warranted.
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#69Earlier quoted context omitted.
Well. China relationship is strained for many reasons, Ukraine and their general support for Russia conducting the war is just icing on the cake. This has strained Chinese relations with multiple countries though (UK, EU members, etc.). India I’m not seeing much in the way of change. The US at least didn’t really do anything different with India buying Russian oil. US relations with South American companies are varia…
On the contrary this looks like the beginning of the end of USA global hegemony. The dollar relevance is degrading and while the west is siding closer with the USA, the rest of the world is distancing itself from them. > On the other hand, the US has shored up massive support from all of Europe ex Belarus, Japan Regarding Japan this very news article contradicts you somehow. > Finland joins NATO tomorrow. Finland is…
Why is that?
Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap
#70Earlier quoted context omitted.
Mindlessly belligerent, yes. "Any reason" is a bit of a stretch — I doubt Putin has a dice with country names on it — but given how dumb it was to invade Ukraine, it's not unreasonable to assume he's dumb enough to try Japan.
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So it seems you have conceded the argument and agree that Russia is mindlessly belligerent and now are saying that's fine because you think x-y-z are also belligerent? (Wrong but eh, not the subject of discussion).