And any action that causes a lower supply — such as blowing thing up — only raises the price so that Russia ends up with MORE or the SAME amount of cash for lesser quantity sales.
Here’s the bottom line. No one wants to accept it because it sucks, but it’s true.
The world at large hates the west thanks to Obama. Us, Germany and the UK are quite possibly going to be pariahs because of the promises we have broken in our collective quest to liberalize the planet. That will come at a cost.
The rest of the world does not need us when china will build their toys and Russia will fuel them.
Scary huh? But it’s true.