War in Ukraine

Russia's ability to finance the war depends largely on oil and gas income. Oil in particular is in glut territory so any recovery is unlikely. Russian banks lending for the war effort with no obvious default risk management. A collapsing economy may help bring about a Russian decision to stop.
Do you really believe that?
We've heard that narrative for a long time now. But it seems that the sanctions have hit European economies far harder than Russia's.
It's a big world out there, and there are a lot of countries and regions to trade with across Asia, Africa and South America.
Europe's inflated idea of its own international importance is a joke nowadays.
 
Do you really believe that?
We've heard that narrative for a long time now. But it seems that the sanctions have hit European economies far harder than Russia's.
It's a big world out there, and there are a lot of countries and regions to trade with across Asia, Africa and South America.
Europe's inflated idea of its own international importance is a joke nowadays.
I was in Georgia last year there is a highway that runs from Russia to China via Iran and various other countries. There were thousands of lorries . It's why Russia bullies Georgia (elections) as this is one of their main trade routes.
 
Do you really believe that?
We've heard that narrative for a long time now. But it seems that the sanctions have hit European economies far harder than Russia's.
It's a big world out there, and there are a lot of countries and regions to trade with across Asia, Africa and South America.
Europe's inflated idea of its own international importance is a joke nowadays.
Low oil price over an extended period is my point.
 

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