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To: Owen
Russia is now receiving approximately twice what they were last year in oil and gas revenue... And where is all the money coming from? You and me bub. This is the bottom line! All the war news nonsense people are fixated on here is meaningless. As long as this "war" is a profitable enterprise for the Russians it will not go away. As long as Biden can blame high fuel prices and inflation on the Russians this "war" will not go away.

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21 posted on 05/19/2022 9:32:24 AM PDT by fireman15 (Irritating people are the grit from which we fashion our pearl. I provide the grit. You're Welcome.)
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To: fireman15

Note: Rubles.
The convertibility of rubles is not, er, established. What effect this has on the affordability of yachts in the Med remains to be seen.

And what goes up, based on petroleum prices, can spike down.
Thats what really got Russia (and Venezuela) into trouble starting in 2014. A global recession, which is coming fast, will very likely create a different revenue picture.


25 posted on 05/19/2022 9:47:13 AM PDT by buwaya (Strategic imperatives )
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