Ugly and Alarming
China Stockpiles Record Amounts of Crude
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  • Jacksonian_Libertarian

    If China makes a move to occupy the South China Sea, shipments of oil coming through the Straits of Malacca would likely be cut off by the angry nations there. It’s highly possible China would face an embargo, and be cut off from all shipping. They may prefer that to what is swiftly approaching their economy, an ugly deflationary depression much worse than what the US has suffered for the last 6 years, or Japan has suffered for the last 26 years.

    • Felix Keverich

      Or they could just buy oil in Russia ;]

      • f1b0nacc1

        And just how would they transport it? Rail lines are thin on the ground between those two benighted states, and given the extremely poor maintenance done on the ones that do exist, extremely vulnerable to significant failure.
        It isn’t the oil, it is ACCESSIBLE oil…a blockade would (at the present time, and for at least the next decade or so) be quite effective.

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