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Does Russia have the money to keep pushing for much longer?
Posted on 3/3/22 at 11:20 am
Posted on 3/3/22 at 11:20 am
The rubel has plummeted. Exxon is leaving. If the idiot that is the president would quit buying oil from them they would have even less money. The 40 mile convoy has been stalled. I just don't see how this is sustainable.
11
Posted on 3/3/22 at 11:22 am to speckledtrout82
Probably; we pay them $70M per day for oil....in USD plus they already had a shitload of USD.
This post was edited on 3/3/22 at 11:23 am
Posted on 3/3/22 at 11:22 am to speckledtrout82
quote:
Does Russia have the money to keep pushing for much longer?
Replace money with "natural resources".
Magic 8 ball: All signs point to yes.
Wars are about resources and will. Fiat currency has nothing to do with it.
Posted on 3/3/22 at 11:25 am to speckledtrout82
They are still selling oil and gas to everyone because the sanctions are nothing-burgers, so ya I would still say everything is going well
This post was edited on 3/3/22 at 11:26 am
Posted on 3/3/22 at 11:25 am to speckledtrout82
Ukraine wanted to raise 1 bil but got about 300 mil from US banks including citi. 11% return “promised for war bonds”. No way this will fail….
Posted on 3/3/22 at 11:27 am to speckledtrout82
Not sure if Putin had it in his calculus just how fast these large companies would exit his country. If I'm Putin, I grab a little more land in Eastern Ukraine then call it a day before he gets the Ides of March within his own ranks.
Posted on 3/3/22 at 11:37 am to speckledtrout82
I seriously doubt their actual production (~13million bpd) has decreased greatly. So that’s probably $1B a day in revenue. And that’s not including natural gas to Europe. I don’t think the pipeline has been shut off. So I think they’ll have plenty to trade with china mexico and others for whatever they need.
Posted on 3/3/22 at 11:51 am to speckledtrout82
Sanctions are useless if the world keeps purchasing resources from them.
All the sanctions are doing is hurting the common citizens.
All the sanctions are doing is hurting the common citizens.
Posted on 3/3/22 at 11:55 am to speckledtrout82
quote:
If the idiot that is the president would quit buying oil
(A) it’s private American companies buying the oil, not the U.S. Government;
(B) If the government did embargo imports from Russia, that would drive prices at the gas pump up even further. I’m willing to pay more, but is the average American?
Posted on 3/3/22 at 3:30 pm to Wtodd
quote:
Probably; we pay them $70M per day for oil....in USD plus they already had a shitload of USD.
$700M
Posted on 3/3/22 at 3:54 pm to speckledtrout82
yes, in bitcoin, and other dealios.
it will give joe and his band of retards a chance to start going after bitcoin and the rest, and regulating it, to frick all of you.
it will give joe and his band of retards a chance to start going after bitcoin and the rest, and regulating it, to frick all of you.
Posted on 3/3/22 at 9:48 pm to speckledtrout82
They have a lot of money in foreign accounts they cannot access right now. Even Swiss money is now off limits.
Posted on 3/3/22 at 9:49 pm to speckledtrout82
If China helps them through the back door they can go on indefinitely.
Posted on 3/3/22 at 9:50 pm to Eurocat
People act like the Russians have never been sanctioned the shvt out of the west before and didn’t take notes and prepare lmao
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