Discover and read the best of Twitter Threads about #BeltRoadInitiative
Most recents (2)
🚨🇺🇦🇷🇺 #UkraineRussiaWar could spillover into other areas: hot-spots are #Ganja #Zangezur #Lachin in #Azerbaijan & #Armenia 🇦🇿🇦🇲. Caucasus is critical for 🇪🇺🇹🇷 to circumvent Russia 🇷🇺 while still trading with Asia. However 🇷🇺has troops there since 2020 ceasefire.
Thread [9]🧵⬇️
Thread [9]🧵⬇️
#Russia🇷🇺 is run by an increasingly paranoid & violent leader. As Moscow is cut-off from the international system due to sanctions, it is rapidly losing its strategic role as a transit country between Asia & Europe in China’s🇨🇳multi-billion #BeltRoadInitiative (in-land) . . .
A million containers, previously rail-transported via Kazakhstan 🇰🇿 & Russia 🇷🇺, have to find alternative routes to reach🇪🇺markets. Hundreds of thousands of trucks are also deviating southwards (#MiddleCorridor) with increased traffic/queues reported on🇷🇺🇬🇪&🇷🇺🇦🇿&🇹🇷🇧🇬borders . . .
The #CoronaVirus or #Covid19 is a classic #BlackSwan event.
No one could see it coming. (Ok @BillGates did highlight risk of a pandemic - but realistically not many planned for this)
...
No one could see it coming. (Ok @BillGates did highlight risk of a pandemic - but realistically not many planned for this)
...
Such a chaotic event is catastrophic for those who are #Fragile,
A downturn for #Robust
Good for #Antifragile
(Channelling my inner NNT)
A downturn for #Robust
Good for #Antifragile
(Channelling my inner NNT)
What is fragility?
As per @nntaleb checklist
- too much concentration of power (can’t talk back to authority with honest feedback)
- one trick pony (export one commodity)
- too much leverage (financial or over optimised supply chain)
- experience of previous crisis
As per @nntaleb checklist
- too much concentration of power (can’t talk back to authority with honest feedback)
- one trick pony (export one commodity)
- too much leverage (financial or over optimised supply chain)
- experience of previous crisis
