Author: ning05

CHINA CAN BANKRUPT THE USA!   [Copy link] 中文

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Post time 2014-4-11 07:31:37 |Display all floors
Ahhh, just like in China.
Convert a SOE and have the high ranking politicians families take it over at no cost.
BRILLIANT
I'm just here for the money

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Post time 2014-5-26 00:05:27 |Display all floors
Russia 'outmaneuvers' US economically by gas deal with China

May 25, 2014

The United States cannot compete with Russia in terms of supplying gas to other nations and Moscow has outmaneuvered Washington economically by a new deal with China, an American analyst says.

“Russia has effectively outmaneuvered the United States in terms of geopolitical ramifications of what happened in Ukraine,” Eric Draitser, founder of StopImperialism.com told Press TV on Sunday.

“Not only has Russia outmaneuvered the US and its allies in Ukraine… but they’ve also outmaneuvered the United States economically, rather than being isolated as the United States was looking to do, Russia has now integrated itself further into the BRICS region, with the Shanghai Cooperation Organization,” he added.

Draitser made the remarks when asked about recent concerns by US lawmakers over the gigantic gas deal between Russia and China.

The lawmakers urged Washington to allow exports of LNG (liquefied natural gas) to Europe following the agreement.

Russian President Vladimir Putin and Chinese President Xi Jinping signed the $400 billion deal in which China will be allowed to buy energy from Russia’s gas supplier Gazprom.

“The massive gas deal between China and Russia last week is an indication that the world is changing dramatically and quite rapidly,” Draitser said.

“Chinese demand for gas is going to increase quite rapidly and quite dramatically just in the next few years estimates in terms of their gas requirements by 2020 are absolutely staggering. Naturally this puts Russia in a prime position as a key supplier of Chinese energy,” he noted.

“They know perfectly well that they’re not capable of competing with Russia in terms of supplying Europe, in terms of supplying China, geographically speaking financially monetary they simply cannot compete,” according to the analyst.

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Post time 2014-5-26 00:06:17 |Display all floors
buddy1 Post time: 2014-5-26 00:05
Russia 'outmaneuvers' US economically by gas deal with China

May 25, 2014

Energy politics:

In terms of gas economics, Russia has secured its future by acquiring a huge long term client in China. W.Europe on the other hand is left in an unenviable state of uncertainty thanks to the self created crisis in Ukraine. Any alternative gas sources that ultimately cause prices to increase in a continent already dogged by economic stagnation will most likely trigger public discontent. Those western leaders blindly toeing Washington's line may actually be sitting on a political powder keg.

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