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Wall Street chiefs seeking to explain recent steep drops in trading revenue have reminded investors how lucrative things were a year ago: Goldman Sachs Group Inc. President John Waldron called 2022 “particularly strong.” Citigroup Inc. boss Jane Fraser said “everything was firing on all cylinders.”
Rarely mentioned is one of the reasons for last year’s boom: a billion-dollar windfall funneled from Russia through former Soviet republics to Wall Street’s currency traders.
As Western companies and international investors rushed to exit Russia amid the Ukraine invasion and the sweeping sanctions that followed, they were desperate to swap their rubles for dollars. For currency traders at firms including Goldman Sachs, Citigroup and JPMorgan Chase & Co., it was easy money: They found a way to scoop up greenbacks at a low price and then sell them to those fleeing clients for a healthy markup without running afoul of sanctions, people with direct knowledge of the transactions said.
Couldn’t the Ukrainian drones use those gaps as well? After all, the railway tracks span the entire length of the bridge.
It's as old as naval history. Think of the U-boat that got into the Royal Navy's main base to sink a battleship. You make a hole to move the good guys through and your enemies attempt to exploit the weakness. However limiting the time when the barriers are down does make it easier to concentrate your defensive efforts.
1. China is an ally. They will never allow Russian refugees to cross their borders, in the event of a "Russian collapse" so they will never allow Russia to collapse. Again, see how much support and aid they give to North Korea to prevent the same thing. And there's plenty of reports of them giving support to Russia now, which you alarmingly ignored. They are not "neutral."
2. North Korea has nukes and is friends with China, Iran is a powerful middle eastern enemy and is friends with Russia, and Syria is back in the arms of the Arab league which controls a ton of oil. They are not "low level military powers" and if they were, they are still friends with "high level military powers."
3. I like how you skipped the military alliance of Russia and Eurasia, I'll post it again for you:
So yes, Russia has allies, and their allies have allies. And they all hate the west and China doesn't want Russian refugees flooding into China. Sorry for the breaking news.
You're letting your bias ignore reality. There would be world peace tomorrow, if no one hated western ideology.
You claimed Russia has no allies and that was 100% false.
Russia has no allies - or at least none who make any difference, like Belarus.
China buys oil from Russia because it is cheap. They sell what they can to Russia because they make money doing so.
The collapse of Russia would result in China controlling Siberian oil and gas fields and reclaiming territory they have always felt was theirs, anyway.
Russia has no allies - or at least none who make any difference, like Belarus.
China buys oil from Russia because it is cheap. They sell what they can to Russia because they make money doing so.
The collapse of Russia would result in China controlling Siberian oil and gas fields and reclaiming territory they have always felt was theirs, anyway.
Russia has no allies - or at least none who make any difference, like Belarus.
China buys oil from Russia because it is cheap. They sell what they can to Russia because they make money doing so.
The collapse of Russia would result in China controlling Siberian oil and gas fields and reclaiming territory they have always felt was theirs, anyway.
So are they going to take over before or after their imminent demographic and economic collapse you told us so much about? Lol
China is not an allie with Russia. China has been 100% neutral in this war.
Quote:
Originally Posted by Listener2307
Russia has no allies.
At the Olympics, just a few weeks before this war began, China declared to Russia a "Friendship without limits". All the BRICS countries are assisting Russia in sidestepping American sanctions. In fact, there could be no war without China's tacit support for Russia. The idea that China is neutral is utterly retarded. In fact, China helping Russia is why we've been trying to drum up a conflict in Taiwan.
China understands that America's gunsights will be on China if Russia falls. Which is why it won't let that happen. America can't "pivot to Asia" until Russia is defeated.
With that said, China is not Russia's friend. There is a huge difference between an ally and a friend. China supports Russia only in the ways that benefit China. On the other hand, Belarus is Russia's friend. It supports Russia in ways that don't necessarily benefit Belarus.
Quote:
Originally Posted by Listener2307
The collapse of Russia would result in China controlling Siberian oil and gas fields and reclaiming territory they have always felt was theirs, anyway.
This would only occur if NATO invaded from the West while China invaded from the East, leaving Russia partitioned like Poland or Nazi Germany. That is not going to happen. There will be no invasion of Russia by anyone. At worst there will be regime-change in Moscow.
As for the balkanization of Russia. That is complicated since even in Siberia and the Far East, most areas are majority ethnic Russian. Many people talk of the "decolonization of Russia", but that would require forced migrations/expulsions to accomplish.
For some perspective, the article mentioned how there are 38 million Russians living in Siberia. Even if every Chinese in Russia moved to Siberia(most live in the European part of Russia, especially Moscow), they would still be outnumbered at least 75 to 1.
The only way China is taking Siberia and the Far East is through conquest.
Last edited by Redshadowz; 08-02-2023 at 11:41 AM..
He should be after what he said about giving in to Putler.
He now supports Ukraine joining NATO.
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