Loading ...In a sense the people there are in the middle, with a choice to be made, between joining the USA Europe and the west and or the east or Russia China India etc.
So what side is safer for prosperity, or which side more vulnerable to a financial calamity. I assume Russia China etc are pretty well off financially, thanks to exporting into the USA and importing money from the USA. The must have little or no national debt, possibly trade and budget surpluses, loaded with natural recourses, and a massive skilled workforce that got practice serving the USA and Europe. Pretty much self reliant.
Europe and the USA seems a lot more vulnerable. So many tradesmen and businesses here disappeared and went off shore. Lack of skilled labor, huge national debt, like $30 trillion from net importing, 60 years of accumulated trade deficits. Granted the USA can print money to pay bills etc, but how longer will that work? Decades ago USSR blew up, maybe this time it will be the USA and Europe clan blowing up.