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Currents 063: Jessica Flack on nth-Order Effects of the Russia-Ukraine War

The Jim Rutt Show

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Is It a Good Idea to Build a Russian 'Swift'?

i'm less concerned about their a long term of ability to extort around energy. I think we underestimate the possibility that an china could catch up in terms of their financial networks. Oready has one system tit's not hardtat'sh actual plumbing is easy here. Comparing china to russia, as it turns out, is almost exactly the same as comparing united states to canada. The ratios of their pulations and ther ratios of their g d ps are remarkably similar. And so i think we sometimes overestimate what a big stroke it is for russia to fall into china's orbit more fully.

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