Posted by Tobby > 2022-06-10 20:42 | Report Abuse

Geopolitics!

Be the first to like this.

7 comment(s). Last comment by Tobby 2022-06-11 15:22

Tobby

7,397 posts

Posted by Tobby > 2022-06-10 20:44 | Report Abuse

It's no brainer how to defeat Russia invasion! Just stop buying Russia oil and gas! But no! EU has actually become way to dependent on Russia for oil and gas!
I mean, if you know one day Russia is going to invade EU, what the heck do you still import Russia oil and gas! EU should have stop this years ago!
Anyway, Russia totally depends on it's exports of oil and gas! It's like 90% of their economy! Go figure!

OnTime

2,188 posts

Posted by OnTime > 2022-06-10 20:48 | Report Abuse

tell that to India and China and Hungary too!

Tobby

7,397 posts

Posted by Tobby > 2022-06-10 22:56 | Report Abuse

Ontime! I am not worried if Russia only customers will be China and India! Because this two are famous arm twitter!
Once oil drop to new lowest 2 years from now, China and India will demand way more cheaper!
Current high oil price will not last! EVs will take over once EV manufacturers figures how to mass produced!
And also once those deep sea offshore rigs comes to full operation which is quite fast nowadays since there are plenty of rigs lying around!

stockraider

31,556 posts

Posted by stockraider > 2022-06-11 12:13 | Report Abuse

How can russia crumble when its rouble is at year high leh ??

The main beneficiary is in china....as it gets its hand on cheaper price commodities from russia loh!

chinaman

3,302 posts

Posted by chinaman > 2022-06-11 14:47 | Report Abuse

aiya. MY also curi curi buy russia crude ma

Sslee

6,869 posts

Posted by Sslee > 2022-06-11 15:12 | Report Abuse

If EU stop buying Russia oil and gas. The EU economy activities will come to a standstill and their economy will crumble instantly.

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:22 | Report Abuse

SsLee! Yeah, especially Germany! Germany used to have more than 20 nuke power plants! Instead they close it down for gas power plants, gas supplied from Russia!
Donald Trump warned merkhel that Germany is surrending to Putin but she didn't listen!

Post a Comment
Market Buzz