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))
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.