Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Renfrew

Exactly. This whole Mess has just started, let’s see where the Ruble is 6-9 months from now. It is likely that the Russian economy will be a basket case by then. Even if the war ended tomorrow, the Russians have cut their own throats by encouraging the Europeans to seek other energy sources besides Russian oil and gas. I don’t expect that shift away from Russian energy to turn around for quite a long time if ever and it will really strike them hard in 6-12 months as the Europeans get their alternatives online.


21 posted on 05/20/2022 9:10:47 AM PDT by XRdsRev (Justice for Bernell Trammell, Trump supporter, murdered in 2020)
[ Post Reply | Private Reply | To 15 | View Replies ]


To: XRdsRev

The Russians have cut their own throats by encouraging a huge push to non dino energy. Oil and gas prices will not stay high forever and when they head much lower, Russia’s production will be substantially lower and they will be in a world of hurt, less product at lower prices and having to sell at a discount to “friendly” countries.

This is like criminals getting all giddy over their newly robbed loot, not realizing judgment day is coming.


24 posted on 05/20/2022 9:25:03 AM PDT by BiglyCommentary
[ Post Reply | Private Reply | To 21 | View Replies ]

To: XRdsRev
The Europeans can seek all the alternative energy sources they want. The sobering long-term reality is that the "First World" simply doesn't matter as much as it once did.

The handwriting should have been on the wall when the U.S. and Europe began imposing sanctions on Russia a few months ago. Most of the world's nations seemingly got on board with these sanctions, but even just a small number of those that didn't comprise more than 50% of the world's population -- including both China and India.

And now I read this morning that Italy is buying four times more Russian oil today than it was before the sanctions were imposed. That's probably just one example of many in that fading basket-case known as Europe.

28 posted on 05/20/2022 9:46:37 AM PDT by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
[ Post Reply | Private Reply | To 21 | View Replies ]

To: XRdsRev
et’s see where the Ruble is 6-9 months from now. It is likely that the Russian economy will be a basket case by then

You're a fool. The Russians are set to thrive in the near future. European nations have caved and are paying for oil in rubles, which is the reason the ruble is strengthening. That will NEVER change. Oil prices are likely to continue to rise and Russia is and will continuing to collect more oil revenue than before the war began for the foreseeable future.

Neocons aren't the sharpest tools in the shed. You deserved to be embarrassed for backing the Biden regime's idiotic strategy on all of this.

35 posted on 05/20/2022 10:35:45 AM PDT by Kazan
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson