Post
Topic
Board Economics
Re: Energy crisis? What energy crisis? Oil dips to 3 months low despite OPEC cuts!
by
serveria.com
on 29/12/2023, 22:38:52 UTC
Who is stupid enough to go to war agaisnt the US?
After Russia's disastrously campaign in Ukraine every dictatorship in the world is looking at its mighty army and realizing it's the same , a paper tiger! Do you think that all those disappearance happening in Chinese army and all those "demotions" are not the result of the leaders finding out the truth?
There won't be any war!
I don't think Russia is performing poorly in Ukraine, not at all. Firstly, their initial attack plan had been leaked by some high-rank military: US intelligence knew exactly where and when the Russians were going to attack. And for such a swift unexpected attack plan not revealing it for as long as possible is crucial.

Next, Russia is not fighting Ukraine, it's fighting almost the entire world. APCs, tanks, artillery systems, anti-aircraft systems, missiles, fighter jets, drones etc etc etc all these armaments is being sent to Ukraine by their "partners". Soldiers are being trained by NATO countries, US intelligence reporting on every movement of Russian military in real time via satellites, Starlink internet for comm, fuel for military vehicles, money for Ukraine budget - all of this and much more is being supplied by EU/US. Disastrous campaign is US getting their ass kicked in Afghanistan.  

Quote from: stompix
A great recession in a country that has been faking number for ages is not that much of a concern as a recession in the US.
Besides, the world is slowly getting rid of the dependence on China, money if coming out of there, production has been constantly moving back to the western world or other low cost countries,  a recession in China is not that much feared since we we're the ones triggering it!
Remember how their ban on rare minerals was supposed to destroy the western economies? Again, crickets!
I wouldn't be so excited about if I were you. You know what this means for a common US/EU person who is barely making ends meet after covid and sanctions? Even more expensive goods, further inflation growth, further decline of quality of life etc.  

Quote from: stompix
And the US has mathematically broken the 2019 record two weeks before the end of the year in both gas and oil
https://oilprice.com/Energy/Crude-Oil/US-Shatters-Oil-Production-Records-in-2023.html
Now around 60% of all US exports is oil/gas. So, whose economy is a "big gas station" now?  Grin