They're importing like 12-18 million PER DAY. Talk about a false equivalence. Not sure why you're in such denial about this. 3/4 of the world is actively seeking an alternative to the dollar. No one said it would happen over night. Who owns the most grain, the most metals, the most oil, and so on? At some point the productive world will boycott the printing press.
I'll see if i can find the reference i was just going through maybe a week ago where they had listed their big blind position in basically every asset class.
What are you talking about? How many pipelines are there into China?
How many nations tanker gas and oil to them?
A million barrels is a drop in the bucket.
The artifical Islands are also located near some of the South China Sea's biggest deposits and of minerals. We haven't even started on the Arctic where Russia and its Chinese partners have some of the biggest reserves on the Globe for gas especially. Meanwhile they're allied with a bunch of other places like Venezuela, it potentially has the largest shale reserve on the globe.
No. Not on oil and gas. Russia and China will never run out of oil and gas. Maybe if they were separated. Laughable.
The West however are more fucked. Redundantly they are doing it to themselves. By promoting electricity it has caused oil to becomes absurdly overpriced. They're restricting it. But it is making no difference to places like India or China using more and more of it.
The West hasn't opened all of its reserves. New Zealand, Greenland, etc etc. Instead has sanctioned many more. It's not that there isn't oil and gas. It's that it's restricted. In doing so it controls or rigs the field.
There are huge pipelines going into China, from numerous places. Plus tankers from everybody else. Like America, Canada, Saudi Arabia and the rest of Opec.
Piracy of a tanker causes prices to spike, if it's that significant, one tanker. Don't Iran have direct pipelines into China anyway. It pressures Iran distributing it, not much else.
They're importing like 12-18 million PER DAY. Talk about a false equivalence. Not sure why you're in such denial about this. 3/4 of the world is actively seeking an alternative to the dollar. No one said it would happen over night. Who owns the most grain, the most metals, the most oil, and so on? At some point the productive world will boycott the printing press.
I'll see if i can find the reference i was just going through maybe a week ago where they had listed their big blind position in basically every asset class.
What are you talking about? How many pipelines are there into China?
How many nations tanker gas and oil to them?
A million barrels is a drop in the bucket.
The artifical Islands are also located near some of the South China Sea's biggest deposits and of minerals. We haven't even started on the Arctic where Russia and its Chinese partners have some of the biggest reserves on the Globe for gas especially. Meanwhile they're allied with a bunch of other places like Venezuela, it potentially has the largest shale reserve on the globe.
No. Not on oil and gas. Russia and China will never run out of oil and gas. Maybe if they were separated. Laughable.
The West however are more fucked. Redundantly they are doing it to themselves. By promoting electricity it has caused oil to becomes absurdly overpriced. They're restricting it. But it is making no difference to places like India or China using more and more of it.
The West hasn't opened all of its reserves. New Zealand, Greenland, etc etc. Instead has sanctioned many more. It's not that there isn't oil and gas. It's that it's restricted. In doing so it controls or rigs the field.
There are huge pipelines going into China, from numerous places. Plus tankers from everybody else. Like America, Canada, Saudi Arabia and the rest of Opec.
Piracy of a tanker causes prices to spike, if it's that significant, one tanker. Don't Iran have direct pipelines into China anyway. It pressures Iran distributing it, not much else.