Quote (ofthevoid @ 26 May 2022 21:17)
You don't at the macro level and that's the stupidity of some of these moves. It might work temporarily but it's self cannibalizing because Europe now has to pay higher prices for these resources from other places because of distance and transport costs.
Plus you still have 85% left of all humanity that loves to buy Russian oil at 20-25% discount to market prices. With time Russia will develop it's far east (if all goes to plan and there isn't some massive internal collapse). At that point they won't need Europe because so much natural resource demand is actually going to be coming from the southeast Asia region. When and if that happens (i think we're talking 10+years for something like this) Europe will loose economic leverage over Russia.
That is what I thought in my comments a few pages back.
Maybe that is why US is trying to create a mini Nato right now in the East and trying to trigger China to Invade Taiwan and destabilize the East and South East Asia.
Killing two birds with one stone.
When the East and South East is in a unstable situation including China. The last standing country will be India, and they will have to bend.