Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Russian Gas ban - A problem for Europe or suicide for Russia?
by
sovie
on 28/05/2022, 19:12:24 UTC
Quote from: Sithara007 on Today at 10:53:39 AM
Quote from: pooya87 on Today at 05:50:29 AM
Quote from: Sithara007 on Today at 03:02:01 AM
But Biden's stupid policies means that the oil and gas prices are further driven up.
These aren't stupid policies, these are the only things that US can do out of desperation. We are talking about 70 year old plans falling apart one after another. And it didn't start by Russian invasion, it started years ago but you didn't notice because your censored media wasn't allowed to cover them.
The old hegemony is falling apart and a new world order is emerging. It's like giving birth, it is painful... Wink

New world order is emerging for sure, but we need to see whether they will overtake the old one. Combined economies of US-EU-Japan has been stagnant for quite some time now, and self-destructive embargoes and sanctions will harm them even further. If Trump was in power, then he would have taken steps to increase shale oil production within the United States and the increased supply of crude oil would have destroyed the Russian economy. Biden on the other hand has went the opposite direction, and as a result the Russians are earning 10x of what they were earning in 2021.
I m not sure if Biden is a good president or not.
The exit of American forces from Afghanistan and the after effect on the region and than this Ukraine war and recently what is going on in Pakistan and Sri lanka. God have mercy on the world.