They should start now. Countries should cut off trading with the US once Trump starts making threats in their direction, instead of waiting for him to make up his mind and do something. He’s too used to there not being any consequences.
What do they care about the exchange value if they’re not exchanging anything with the US?
Adjusted for PPP, the Russian economy is the 4th biggest in the world, experiencing a boom after the start of the war. Largest than any in Europe.
Everyone knows the USD is artificially inflated and has been for decades, propped up by oil and the threat of violence. Y’all gonna learn when this mother of all bubbles pops.
The problem with that is that anti-Russian sentiment is highest in the East, so there’s no way they will break off.
Also Russia is not China, they barely have anything to give in a trade relationship. Also, the Ukraine invasion is scrounging up bad memories in most of the member states, so there’s that.
In Hungary, arguably the country closest ideologically to Russia, EU membership has had a consistent 70-80% approval. They won’t break off.
Also, the EU is designed to protect EU business interests against international ones, so they will go where the money is, and under Trump, that may cease to be the US.
I feel like all economies will soon be just trading with eachother, except with the US.
That is the only logical step. You can’t make deals with someone who throws you under the bus at the next opportunity 🤷🏻
They should start now. Countries should cut off trading with the US once Trump starts making threats in their direction, instead of waiting for him to make up his mind and do something. He’s too used to there not being any consequences.
It’s a good idea and countries started that with Russia though it’s still continuing. USA would just follow that model
https://www.xe.com/currencyconverter/convert/?Amount=1&From=RUB&To=USD
What do they care about the exchange value if they’re not exchanging anything with the US?
Adjusted for PPP, the Russian economy is the 4th biggest in the world, experiencing a boom after the start of the war. Largest than any in Europe.
Everyone knows the USD is artificially inflated and has been for decades, propped up by oil and the threat of violence. Y’all gonna learn when this mother of all bubbles pops.
A growing number of Canadians are already calling for exactly that
Do to the US what the US did to cuba? That would be so cruel.
what the US
didis doing to cuba…Cuba threatened nobody. Self defense isn’t the same as aggression.
To be fair, they are doing it to themselves.
INB4 EU joins BRICS
Won’t happen. EU is designed to serve the US, but we’ll see countries breaking off and (re)uniting with Russia.
The problem with that is that anti-Russian sentiment is highest in the East, so there’s no way they will break off.
Also Russia is not China, they barely have anything to give in a trade relationship. Also, the Ukraine invasion is scrounging up bad memories in most of the member states, so there’s that.
In Hungary, arguably the country closest ideologically to Russia, EU membership has had a consistent 70-80% approval. They won’t break off.
Also, the EU is designed to protect EU business interests against international ones, so they will go where the money is, and under Trump, that may cease to be the US.