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Russian Debt Default + Consequences, Simply Explained
I don’t want to spend a lot of time on this, but the fundamentals are worth a quick review. Russia had hundreds of billions of dollars on reserve at central banks. We have frozen them so they can’t...
View ArticlePoland Refuses To Pay For Russian Gas In Rubles, Russia Cuts Them Off
Well, well. But, so far it looks like Germany will just buy extra (paying in rubles) and ship it to Poland. Me, if I were Putin, I’d refuse to sell Germany more than its usual amount (what is...
View ArticleThe Delusional Dishonesty of the G7 Russian Oil Price Cap
So… Members of the G7 have agreed to impose a price cap on Russian oil in a bid to hit Moscow’s ability to finance the war in Ukraine. Finance ministers said the cap on crude oil and petroleum products...
View ArticleWhen Is the Next Oil Driven Inflation Spike In the US? December to March.
Recently read a smart lad who noted a few simple things: Biden’s been releasing oil from the Strategic Petroleum Reserve (SPR). The SPR has basically two types of oil: sour and sweet. Biden has been...
View ArticleThe Attacks On Nord Stream I & II
Let’s point out the obvious. Russia had no reason to attack its own pipelines. If it doesn’t want gas to go thru them it just turns off the tap. Sabotage to the pipelines weakens Russia’s position,...
View ArticleAmerica Defeats Germany Again, Europe Foolishly Helps
(I’m aware others have made the same US defeats Germany point before this. Just becoming super obvious.) There’s a good article in Der Spiegel on the German energy/industrial crisis which is worth your...
View ArticleDog Bites Man: The US (With Foreign Allies) Did Blow Up The Nord Stream...
I mean, I feel kind of lame for even posting about this because unless you were stupid (or on the payroll) you knew it was either the US or an ally, and if an ally the US was involved. Turns out it was...
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Britain’s Bare Produce Shelves
The Daily Mail had an article on this, and it’s worth reading. Are sanctions REALLY wrecking life in Russia? As British supermarkets ration eggs and vegetables – thanks in part to Europe sanctions'...
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German Dependence On China
So, the German central banks noted that 29% of German companies import essential parts and materials from China. Multiple industries. Germany, much like the US, but even more so, let China pick up,...
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One Relatively Bloodless Way To End The Genocide In Gaza
I’ve mentioned before the possibility of military defeat, but there’s a better way. Simply have OPEC do another oil embargo to the West and its enablers until the situation is resolved, with a...
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