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To: Widget Jr

They left out that there’s not much point to having a Russian trade embargo if Germany is going to buy Russian oil.


70 posted on 12/11/2022 12:19:16 PM PST by Dr. Sivana (But yet the Son of man, when he cometh, shall he find, think you, faith on earth? (Luke 18:8))
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To: Dr. Sivana
Russia's share of the world energy market is too big to cut it off entirely all at once. The goal is to cut down Russia's market share and reduce how much money Russia makes over time. These are long term changes that do not have immediate short term effects. Peter Zeihan and Joe Blogs have videos explain the macro and micro issues of the European energy situation and how the price cap works. Short term, everyone suffers. Long term over the next few years, everyone except Russia will adapt and recover, and the Russian economy is in real trouble.
72 posted on 12/11/2022 12:55:55 PM PST by Widget Jr (🇺🇦 Sláva Ukrayíni 🇺🇦 - Just say no to CCCP 2.0)
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