Serious secondary sanctions on Russian oil could wipe them out... anytime Trump chooses to pull the trigger.
Posted on 04/06/2025 10:11:25 AM PDT by marcusmaximus
Kirill Dmitriev Stanford, Harvard, Goldman Sachs banker.
He’s one of the globalists.
😂
They brought the entire “Short - Bus” A-Team today.🤡🤡🤡🤡😄
President Trump decimated Russian oil prices last week. And the cluster artillery shell deliveries to Ukraine continue.
What Russian oil prices doink?
Serious secondary sanctions on Russian oil could wipe them out... anytime Trump chooses to pull the trigger.
IIRC Texas back in the 80s oil was $40-50 a barrel, that was good price for everyone producers and consumers, now 45 years later not so much probably.
was would be see about $140 in today’s dollars.
“marcusmaximus
Zelensky (or his replacement) needs to basically surrender. Russian offensive predicted.”
From 2022?
Is Ukraine better off now compared than 2022 ?
Hitler fought a major war for over five years without oil sales revenue.
All oil sanctions will do is to force Russians to cut back on importing Chinese chattels.
I’m sorry, Natasha, there will be no Barbie doll for you this Christmas.
““National Wealth Fund ($120B).”
“Down 50% since the 2022 invasion.”
It was around $600 Billion right before the 2022 invasion - half was quickly frozen by the West. They have been spending the rest down since then to defray the deficits they have been running on the war.
At the rate they have been cashing it out, the liquid portion would be completely expended this year. The remainder (illiquid portion) is mostly the Government’s share in domestic infrastructure that they funded.
I guess they could force their banks to buy bonds from those projects (they have been forcing the banks to extend a lot of dubious credit, to keep the economy from seizing up), but the Central Bank would likely have to create even more new rubles and loan them to the banks, for them to buy a lot of such securities.
The bottom line is that as the Russian National Wealth Fund peters out, Russia will have to rely even more heavily on money printing (which they have already been doing heavily), which will put even more pressure on their already high and growing inflation rate.
They have largely spent their savings, income is insufficient (and declining) to fund the war despite big tax increases, and they are unable to borrow significantly (only a fraction (about 1/5) of their bonds will now sell, compared to 2021).
Hyperinflation and currency collapse risks are growing, amid a rising tide of corporate and personal bankruptcies, fueled by rising debt loads, and interest rates running from 21% (to banks from the Central Bank) to over 40% (retail).
Is Russia better off now compared than 2022 ?
Z is clearly one of those oppressed Russian speakers that President Putin is trying to liberate.
“Russian offensive predicted.”
Just wait until the ground freezes !11
“Russia...”
That disgusting word again...
“Well President Trump is warning Iran about ‘bad things’ happening to them that sounds more serious than anything he says about Ukraine-Russia.”
Iran’s surrogates in Yemen, the Houthis, are now three weeks into a continuous daily pounding of American airstrikes, including the recent delivery of a 30,000 lb bunker buster bomb. Houthi leadership has taken significant losses (not just their offensive capabilities, like their missile launchers), and the Houthi top leadership has evacuated the Capital city. They are the example for Iran.
“Hitler fought a major war for over five years without oil sales revenue.”
Oil was never a major source of revenue for Germany.
Russia however has been proportionally more dependent on oil and natural gas sales for its Government revenue, than even Saudi Arabia. Russia is sometimes described as a gas station with nukes, because of the high concentration of its economy in that industry.
Sustained low oil prices have been widely credited as the proximate cause of the collapse of the Soviet Union.
“Putin’s oil will be selling for $45 a barrel by the end of the week. A nightmare for Russia.”
$45/bbl is already below the breakeven cost for some of Russia’s oil projects. $40/bbl is below breakeven cost for most Russian oil production. The Government’s budget was based on an assumption of around $70/bbl.
Regardless of the price, they will have to keep selling it, to acquire whatever hard foreign currency they can (even Yuan or Rupees), because no one outside Russia wants rubles, and they must somehow fund critical imports.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.