406dn
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- Dec 12, 2019
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If it was better than shipping by sea...it would already be a done deal. China and Russia, while not always best of friends, they get along well enough to build this if it was a big savings.
Ukraine / Russia
- Thread starter Cheesehead
- Start date
If it was better than shipping by sea...it would already be a done deal. China and Russia, while not always best of friends, they get along well enough to build this if it was a big savings.
Handlebar
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- Jul 15, 2014
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- 303
It is hard for me to fathom that it would ultimately be more efficient, According to a wiki article Russian and china was planning on moving 60 million tons by 2010, Did not do a deep search to see what the actual figures are today. the other thing I wonder about direct rail with China , versus sea voyages that places the ship within grasp of Turkey via the Bosporus or going on into St Petersburg going past NATO members that ring the Baltic.
Handlebar
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- Jul 15, 2014
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One last thing to everybody.
Slainte
I gonna go have a Guinness
Happy St. Padraig's Day
Slainte
I gonna go have a Guinness
Happy St. Padraig's Day
Speak English please...
BigHornRam
Well-known member
US doing its part to keep Europe in LNG.
Environmentalist doing their part to stop it.
oilprice.com
"However, environmentalists have been quick to protest the increase in LNG exports, with a coalition of more than a hundred organizations calling on banks to stop financing LNG export terminal projects. Environmentalist protests, according to a Reuters report, have led to the shelving of an interagency review on ways to boost LNG exports to Europe."
Environmentalist doing their part to stop it.
Soaring LNG Demand Creates Traffic Jam At Gulf Of Mexico Ports | OilPrice.com
Close to a record number of liquefied natural gas tankers are crowding Gulf Coast export terminals as U.S. exports of the superchilled fuels run at record rates
oilprice.com
"However, environmentalists have been quick to protest the increase in LNG exports, with a coalition of more than a hundred organizations calling on banks to stop financing LNG export terminal projects. Environmentalist protests, according to a Reuters report, have led to the shelving of an interagency review on ways to boost LNG exports to Europe."
"Feliz Navidad!" - Biden
MinnesotaHunter
Well-known member
This made me chuckle…
VikingsGuy
Well-known member
Zero chance a non-floated currency can serve as reserve currency - that is economic suicide for those countries that would do that.
VikingsGuy
Well-known member
Of course Russia no longer a socialist/communist country. It is a kleptocracy.
VikingsGuy
Well-known member
Test American resolve? Probably. Distract us from their ambitions in Asia? Possibly. To convince the world to accept an artificially managed, non-floated currency as a reserve currency? They aren’t that dumb to think that is a plan.
If they want to be reserve currency they need to float the Yuan. But of course that is a dangerous play as they would be exposed to the much more powerful financial structure of the west. It would also raise the cost of Chinese goods and reduce the flow of exports they need to keep their huge population employed.
VikingsGuy
Well-known member
It is cheaper to ship a full cargo ship from China to LA than it is to then move those same goods from LA to Phoenix by train.
VikingsGuy
Well-known member
Opinion | China’s Great-Power Play
Xi Jinping is standing by Russia on Ukraine, and the costs of doing so will mount.
www.wsj.com
Not true today. Bidding wars on containers have been going on since Q2 of 2021. Contract containers averaged $1800-2500 At that time. Containers we’re going for $8-16k all of last year. I had force majeure used on me twice. Then if you get your goods stateside crap shoot depending on port if it gets unloaded. Finally have fun finding a truck to haul it.
VikingsGuy
Well-known member
Doesn’t change my point at all - I am talking about cost of transportation not cost of containers. Under normal circumstances ocean/mile is dramatically cheaper than any other form of high volume transport.
BigHornRam
Well-known member
Dangerous play or desperate play? Maybe things aren't so good in China right now?
Xi says 2022 party congress will be 'major event' for China's politics
Statement seen as hint at staying in power for 3rd term
asia.nikkei.com
MinnesotaHunter
Well-known member
Dangerous play or desperate play? Maybe things aren't so good in China right now?
Xi says 2022 party congress will be 'major event' for China's politics
Statement seen as hint at staying in power for 3rd term
Pretty coherent discussion on the effects of current events on China.
https://podcasts.apple.com/us/podca...kraine-war-china/id1286906615?i=1000554160546
BigHornRam
Well-known member
Fairly bland discussion. Didn't gain any insight from it.
VikingsGuy
Well-known member
Floating the Yuan would sink his ship - and he knows it. The rest of the world has been pushing this for two decades and they have done everything conceivable to resist - yet somehow Putin invades Ukraine and everybody thinks this is the new goal.Dangerous play or desperate play? Maybe things aren't so good in China right now?
Xi says 2022 party congress will be 'major event' for China's politics
Statement seen as hint at staying in power for 3rd term
MinnesotaHunter
Well-known member
Perhaps I am a bad source. Maybe it was only interesting when overlayed over a bunch of other stuff. If you were looking for a silver bullet when trying to under stand these situations, you will never find it, there is never transparency.
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