How did the U.S. lose Russia?

Daily Reckoning/James Rickards/2-23-2022

photgraph of Russia's Vladmir Putin and China's Xi Jiping

“In 1972, Nixon pivoted to China to put pressure on Russia. In 1991, the U.S. pivoted to Russia to put pressure on China after the Tiananmen Square massacre. Unfortunately, the U.S. has lost sight of this basic rule of international relations. It is now Russia and China that have formed a strong alliance, to the disadvantage of the United States.”

USAGOLD note: Rickards thinks China will receive the benefit of Russia’s natural resources and the United States “could be paying the price for a long time to come.” Details at the link ……

Share

This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.



Source link

Add a Comment

Your email address will not be published. Required fields are marked *