Ya, but Russia was an economic basket case with a resource curse before they invaded Ukraine. They didn’t lose much economically because they didn’t have much to lose, and perhaps Putin used Ukraine as a huge distraction for Russia’s huge domestic problems. China is different, they are going to grow into the #1 super power this or next decade. Hopefully that makes it much less likely for them to turn their back on the western world (at least until that happens).
alt Hacker News
Ya, but Russia was an economic basket case with a resource curse before they invaded Ukraine. They didn’t lose much economically because they didn’t have much to lose, and perhaps Putin used Ukraine as a huge distraction for Russia’s huge domestic problems. China is different, they are going to grow into the #1 super power this or next decade. Hopefully that makes it much less likely for them to turn their back on the western world (at least until that happens).