The price of oil and our West Philippine Sea fortunes
At an oil price below $40 per barrel, Moscow's re-armament dreams will start to evaporate... Unfortunately, Beijing's will gather even more steam... And if you are Beijing, once you are awash with cutting-edge weapon systems, which would be an easier target? The vast mineral-rich Russian territories east of the Urals? Or those miniscule rock outcroppings in the West Philippine Sea? Brilliant ex-KGB man Vladimir Putin can easily figure that out. His Georgia and Ukraine (mis) adventures are beginning to bite him from behind. He better reverse course soon before Beijing grabs a big piece of Asian Russia...
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