germany is definitely dependent but europe has known for a while that they need to move to reusable energy sources. there will be suffering but it might be beneficial in the long run.
fyi, Russian oil has not been sanctioned by US.
only 1% of the oil imported to the US and 7% of the natural gas imported to the US is from Russia.
what is your reasoning that russian and chinese assets would attack American infrastructure outside of what they are doing now? that would make matters worse.
you should note that china has taken a specific neutral stance. china has no interest in becoming embroiled with the US in a cyber or physical war.
china will not invade taiwan... yet. Xi will definitely wait until he is reelected, which is October of this year.
I don't think China will do anything
right now, but I do think they will invade Taiwan at some point. When that happens I have no idea how we handle that bc there are no good options IMO.
We will probably just allow them to take Taiwan without doing anything to stop them.
China isn't neutral in this. They're abstaining from every vote and carrying forward all business interests with Russia.
That is not neutral considering the facts we all know to be true - We're watching one nation topple another nation's democratically-elected leadership while simultaneously threatening journalists with fines and imprisonment if they report on the story as anything other than a "special military operation."
Abstaining is not neutral.
I've never said nor inferred the US is reliant on Russia for oil or gas. EU certainly is however, and that matters considering the EU hurts itself by hurting Russia.
The price of energy will be high for awhile bc of how reliant they are on Russian fuels. It could chip away at the EU's resolve if energy costs triple.
It doesn't take a genius to turn on CNN or Fox and see the potential problems one country may have if they get all their fuel from someone else. I wish we were energy independent for that reason.
Cyber comment was made bc there's a clear road map to a conflict between the East and West staring us in the face, and TBH it started awhile ago.
Russian and Chinese cyber attacks have already happened.
There's a very good chance these two nations align very closely and work towards the destruction of the dollar.
SWIFT keeps the dollar strong. CIPS (Chinese version) and SPFS (Russian) are both smaller than SWIFT today, but they're growing and CIPS could definitely weaken the dollar.
That's the Russian and Chinese goal over the long haul - Weaken and destroy the dollar.
CIPS transactions increased 75% from 2020 to 2021!
Russia has been trying for decades to do that, and while they're annoying AF they don't really threaten or compete with us directly...After all this time.
China has only been on the world stage since Clinton, and in the next 15 yrs may surpass us.