Quote from: jostorres on May 26, 2022, 07:29:00 PM

Quote from: Sithara007 on May 23, 2022, 12:03:13 PM

Quote from: amishmanish on May 22, 2022, 05:16:49 PM

Russia don't has much in its hand. Europe has came together to despise Russia for its war in Ukraine. Russian economy is being systematically choked by US and allies. Most of the European nations are only trying to just supporting US, even if they are facing short term challenge. By ensuring high cost of petroleum This in one way is also boosting the electric vehicles and will benefit US and europe more in future.

LOL.. dude, just look around. During the last 3 months, we have seen Russia seizing an area greater than 100,000 sq.kms, receiving around $60 billion in profits for their hydrocarbon exports and the Russian Ruble strengthening to levels not seen since 2014. And look at the other side. European citizens are reeling from all time high utility bills, large number of heavy industries are closing down and on top of that most of these nations need to take care of millions of refugees from Ukraine. And more importantly, emerging superpowers such as China and India refused to shun Russia, even under extreme pressure from the West.

The hidden thing here is that, Russia has just one export : energy. If Europe decided that they are no longer working with Russia, even in the face of economic collapse, then it means that Russia will eventually grow smaller and smaller and will have money problems for sure. Plus, there has been so many Russian oligarchs who lost their assets and money at the same time as well, all taken from them.

This doesn't mean that economic data shows Russia doing badly right now, you are %100 right that they are doing much better after the war, but this is mainly due to everyone slowly getting away hence making the price increase and why making Russia a short term profit. Do you really see nations getting any energy from Russia 10 years later? Of course not, then what will Russia sell to keep this economy?

Cheap energy is the key to economic growth. If Europe does not need economic growth, China has already declared its readiness to buy all the released energy volumes for its economic growth.