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To: marcusmaximus
This explains why the Russia fans were cheering the Russian oil market reports last month for January, and are excited over Bakhmut right now. January was the last month Russia could pretend sanctions were not harming their oil industry.

The Russian government stopped reporting economic indicators shortly after sanctions were imposed. No one is really sure what the actual state of the Russian economy is outside of Russia, maybe not inside of Russia either. Admitting there was a 48% drop in oil tax revenues compared to last year means the Russian oil industry has declined and is facing such severe problems the Russian government can not cover them up anymore.

Putin has two choices if he wants to prevent this. Either withdraw and pay reparations, or wait until Ukraine forces the Russian army out and pay greater reparations. He has no other options.

54 posted on 03/03/2023 5:28:02 PM PST by Widget Jr (🇺🇦 Sláva Ukrayíni 🇺🇦 - No CCCP 2.0)
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To: Widget Jr

And China and India have Putin over the barrel. So to speak.


55 posted on 03/03/2023 6:28:03 PM PST by marcusmaximus
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