We are in WW3. The United States has already entered the war as they did in WW2 when they put a trade embargo on Japan. This is the beginning of WW3.

@newjaninev2 Re Choina -- I can't confirm, but I just saw a news item that China is refusing to sell fighter jet parts to Russia.

@TheArbitrator Technically true; not so true as a practical matter.

Chinese businesses like to get paid (I'm not suggesting they are unique in this desire). And Russians are having increasing problems transferring money to Chinese banks.

I'm sure the Chinese would accept payment in RMB instead of Euros or Dollars, but due to sanctions, Russia is having increasing problems getting any kind of foreign exchange. And Chinese businesses aren't too happy about payment in Rubles (AKA toilet paper).

So as a practical matter, Western sanctions make it very difficult for Russia to pay Chinese businesses.

@ElwoodBlues you didn't see the ruple has stabilized lately. Furthermore, as a matter of fact, some of the energy needed by Germany and Europe has to be purchased using ruple. So the ruple isn't toilet paper Lol. Btw, the euro has declined about 10%

@Ceinwyn They must have given him a lengthy script this evening, so he has a lot to get through