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[return to "Chinese yuan becomes Russia's main foreign currency, replacing dollar and euro"]
1. wnevet+G7[view] [source] 2024-06-13 19:25:54
>>anigbr+(OP)
China is gonna keep buying up Russia for pennies on the dollar. I wouldn't be shocked if we start seeing actual territory switch from Russia to China in the next few years.
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2. init2n+a9[view] [source] 2024-06-13 19:33:22
>>wnevet+G7
It will be tough for Russian pride to see their nation sink to the level of North Korea as a dependent of China. Given the brilliance of the USSR's scientific developments, it's a long way down.
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3. cridde+pe[view] [source] 2024-06-13 19:58:20
>>init2n+a9
I think it's going to be closer to how a bunch of countries in Africa are being hollowed out by China.

Russia is loaded with natural resources and I expect control of most of them to fall into Chinese hands over the next 20-50 years. Putin may have wanted to reassemble the USSR but in reality he's weakening Russia so much China will eventually control all of it.

North Korea, on the other hand, doesn't have much to offer China.

On the other hand, most of what I know about these regions I know from podcasts so I could be entirely wrong about all of it.

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4. JumpCr+ug[view] [source] 2024-06-13 20:08:09
>>cridde+pe
> expect control of most of them to fall into Chinese hands over the next 20-50 years

5 to 10 if the IEA is correct [1].

[1] https://www.axios.com/2024/06/12/oil-peak-demand-iea-project...

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