Posted on 12/16/2014 11:07:01 AM PST by elhombrelibre
Link only:
http://www.usatoday.com/story/news/world/2014/12/16/russia-ruble-fall-oil-putin/20476411/
You need to outside and get some fresh air.
All trade in US/Ruble positions has been halted here because the Russian response of jacking up interest rates was going to kill the US short positions.
He has already said Russians need to tighten their belts for the glories of the motherland.
>> He has already said Russians need to tighten their belts
Yeah, I saw a picture of Pooty fishing, and another one of him riding a horse... poor guy can’t even afford a shirt.
lol
Saudi Arabias oil war against Iran and Russia
http://www.freerepublic.com/focus/f-news/3237849/posts
Did he say that today? That’s interesting, because he knows they won’t do that forever.
I’d love to be a fly on the wall at the NRO today and see what’s going on in Russia and Iran right now.
“Id love to be a fly on the wall at the NRO today and see whats going on in Russia and Iran right now.”
Zeke 38?
“because the Russian response of jacking up interest rates was going to kill the US short positions”
Which was exactly the point...
Now, I wonder WHO was at risk of losing a ton of money by having to cover those shorts??
1 Russian Rouble is currently worth 1.48 cents US.
‘Zeke 38?’
Not yet. If Russia takes out Saudi Arabia, using Iran to hold the ground there, their short term problems are solved.
Russia and Iran are tight, and share a border. If they come through Basra, they can literally drive straight to Riyadh, and then through to Mecca and Medina. Once the Shiites control the KSA, convincing the Jordanians that Israel is a relationship they no longer require will be easier. Jordan is Sunni, so maybe they just invade Jordan and stop at the Israeli border so that they can get ready to put the final slam on Israel.
They hate the Sunnis worse than they do the Jews. KSA is killing Russia and all her nominal allies. Russia and Iran’s interests have never been more aligned than they are right now.
The reason why we aren’t arming the Kurds they way we ought to is because Turkey would love nothing more than to exterminate the Kurds. Iran’s down for that too.
Nope, the KSA is the biggest problem they have right now, and the KSA can pump day and night for a long, long time with $800B in cash reserves available to them.
If something military is going to happen, it will happen soon, and it will happen to Riyadh, not Israel.
That is, unless the KSA announces a military alliance with the Israelis. I don’t see that happening - ever.
If you look at a map, Russia, Turkey, and Iran form a geographical axis. What Russia couldn’t do through Afghanistan, they’ll do through Iraq, with Iran’s help. If the Iranians come through Iraq, Iraq won’t lift a finger to stop them. The entire country of Iraq is dissolving into provinces as we speak.
They will bypass Kuwait to their left, and they will cut through to Riyadh, and then on to Mecca.
THEN, they will regroup, and they will form an army that will march through Medina, and onto Jordan and Israel. Jordan will likely sit it out, and they may or may not be spared. They will sue for peace.
Israel will be alone. Then Zeke 38 will take place. They will literally be surrounded on all sides.
That’s my take. That’s how you do it with the most amount of motivated people on your side of things, and the least amount of time militarily. If the ONLY thing you have to do is to move through the southern tip of Iraq instead of all the way across Afghanistan, that’s the way you are going to do it.
If you start by bombing Riyadh, you get the price of oil up immediately. Once the supply dries out, people will buy Russian/Iranian oil. By people, I mean Europe.
US isn’t ready to replace the output. THAT was seen to by Obola. IF the Keystone pipeline had been built, then there is a chance we could have replaced the KSA’s missing crude in the market. No way we can do that as it stand now. We still get 4% from the KSA, down from more than 20% in the 1980’s.
It seems obvious to me that desperate nations will do desperate things. This Saudi total dominance over oil production and the global economy isn't a good thing. Any input that happens as quickly and dramatically as this decline in oil prices did, from a logical standpoint, has to cause an extreme reaction. There's been no time for planning and adjustment.
Your scenario sounds possible but aggressive. One thing that has to be considered here is the wild card of out of control terrorism. Russia or Iran or whomever don't have to advertise doing anything with an outright invasion. Couldn't they cause stuff to happen and make it seem as if ISIS, AlQaida, or the Taliban or who knows what group of crazies are responsible?
There is no point in any of this. Both sides are run by cronies. The US just halted trade to save US cronies. Russia jacked up rates to save Russian cronies. In the end the world will lose as now European Banks are starting to fail.
Russia does not share a border with Iran. Russia will not invade Saudi Arabia through Iran and Iraq. That’s a totally fantastic scenario. If anything Russia’s Iranian and Hizballah proxies will invade Israel through Syria.
Norwegian Krone crashed to a ten-year low today, as well.
Iran needs one of two things:
$140/BBL oil, OR
Saudi Arabia goes away for good and they control BOTH the oil and at least part of the KSA’s $800B of sovereign cash reserves in the bank.
Everybody seems to forget that Saudi Arabia is the ONLY country in the world named after a family. The entire place is a family run, privately held business serving only the House of Saud. From the perspective of Shiites, nothing could be more arrogant than elevating yourself above even allah, which is essentially what the Saud family has been doing since the 70’s.
The Sauds, being Sunni on top of arrogant, and not being all that adherent into the bargain, could easily be seen by Shiites as being essentially apostate.
Terrorism, which is what we’ve been calling it for the last 30 years, and not ‘Holy War’, which is what THEY’VE been calling it for the last 30 years, has been the prelude.
Shiites will say, “Look, it’s not like we weren’t completely up front about all of this. All bombing the KSA did was escalate things, and eventually that was going to happen anyway. The time was right. The KSA was squeezing Iran and Russia, and the Russians were willing to bomb the KSA. All we did was take the opportunity to do something we planned on doing all along.
This looks like a war about oil. It’s not. It’s a war about Allah. The KSA’s economic weapons were just another tactic in that war, but know that its always been war.”
From their perspective, there’s nothing bold about it. From Russia’s perspective, the West has never been weaker and more indifferent and self centered.
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