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Russia Faces a Wave of Bankruptcies as Borrowing Costs Skyrocket - The Moscow Times
(www.themoscowtimes.com)
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this post was submitted on 12 Nov 2024
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Oh yeah, China... There's an economic and societal model I really dig right there.
I'm not saying I want to copy their model here. I'm just saying that materially, they've got it figured out and got their operation working, with most of their people living reasonably well and supportive of the state, and a big place on the world stage.
I'll put it this way: Look at the war between Russia and Ukraine, with the mouse absolutely tearing up the cat for 2 years and counting now, and then imagine how a war between Russia and China would go.