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The Rise of Regionalization in the World Economy: Implications for Russia

Globalization in the world economy is being replaced by the era of regionalization, and this means that the Russian Federation is practically left with nothing, Yuri Shvets said.

For the first time in the last 15-20 years, Mexico took the first place in trade with the United States in export-import operations, pushing China aside. In economic circles, this trend is believed to continue. This is not about the growing role of Mexico in the US economy, but about the global trendwhich is called regionalization. If China was the main trading partner of the United States during globalization, then Mexico becomes such a partner during regionalization.

The era of regionalization is coming in the world, that is, large centers of economic and political development will now cluster with those who are closer.

About it told ex-USSR intelligence officer, economic and military analyst Yuri Shvets on his YouTube channel.

The main conclusion that follows from the above is that Moscow flies with a whistle like plywood over Paris, the expert noted. Then he explained what he meant. China went to the deterioration of relations with the US and Europe, but he still did not destroy these relations.

“Yes, Xi Jinping encouraged the actions of the Kremlin dictator against Ukraine, but he did not burn bridges with the West, but the Pale Moth (Putin’s nickname in his youth – ed.) made this mistake. First, the Kremlin burned bridges with the West, and then completely surrendered at the mercy of China, Shvets said.

Now, due to a new trend, globalization is ending for the PRC, and it does not need Russia at all, because it is a rather backward state in economic terms.

“There (in the East – ed.) there are such tigers as South Korea, Japan, the Philippines, Thailand. China now needs to crawl out of the economic hole by developing an economy associated with the latest technologies. And Russia does not fit in here at all, because it is not the economy of the last century, that is, China can help the Russian Federation in some way, but it will definitely not serve its development. the analyst explained.

Recall, Yuri Shvets said about the collapse of the Chinese economy: “This is an event that takes place once a century.”

Also Yuri Shvets toldwhich country plans to send its special forces to Belarus, where it can be used against Ukraine.

Earlier, Yuri Shvets commented on the news about China’s breakthrough in the military industry, which will change the concept of wars.

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Author: Yuri Shvets

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2023-08-25 06:54:22

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