How to rank economies, Part II

I posted on a chat session that Russia now has the largest economy in Europe at PPP, and the response was that Russia is about the smallest economy in Europe, which it is if one counts the total rubles produced and converts to US$. But, since prices are much lower in Russia than in the EU, the Russian economy is the largest in Europe at PPP.

Likewise, measured in US$, the PRC economy is about half the US economy, but at PPP the PRC economy is about 30% larger than the US economy.

So the US notes that the PRC are desperate for oil and gas.

The US ordered that no one could buy any Iranian oil or gas in 1980, and no one did until 2021. Now the PRC buys just about all the Iranian oil and gas, and most of the Venezuelan oil and gas, plus about half of the Russian oil and gas.

The US figure it will be very easy to put the recent Nobel Peace Prize Laureate in as Jefa de Venezuela, and she has promised that, once she is La Jefa, all the oil in Venezuela will be returned to the rightful owners, the US oiligarchs (in exchange for a very reasonable fee paid directly to La Jefa). The PRC might be able to buy some, but the price will be much higher than they've been paying.

Iran is up for a new war to replace the Ayatollah with a Shah who will guarantee that all Iranian oil belongs to the US and UK. Again, the PRC might be able to buy some, not very much, and at a much higher price.

And the US have asked Japan to help make Taiwan an independent country (and still the legal leaders of the Republic of China, not the PRC).

And since all the US/UK/EU news report that the Ukraine are about to defeat Russia and then NATO will break Russia up into 20 small, demilitarised countries with all resources handed over to US oiligarchs as war reparations (with 1% going to the Ukrainian government), the PRC will have a hard time buying Russian oil and will have to pay an outrageous price for it.

The top US experts all agree that this is a Great Plan and it is proceeding apace, and the US hope for total victory over Russia and the PRC in the very near future.

Of course, Venezuela, Iran, Russia, and the PRC have other plans, but what can they do against the might of the US that so easily defeated Vietnam and Afghanistan (better stick to Grenada, Panamá, Serbia, Iraq, Libya, and Syria).