Posted by Tobby > 2022-09-21 00:50 | Report Abuse

Yeah, oil going to drop and drop and drop! Demand is not like it used to be! EVs are getting mainstream simply because it's better that ICE cars!

Posted by Tobby > 2022-09-21 00:52 | Report Abuse

Anyway, UKraine invasion has turn into epic humiliation for Putin! Making thing worse for him, oil price is getting lower! Mind you, Russia is now selling oil at 30% discount to China and India! No wonder Indonesia is importing from Russia as well! I mean, why pay the Saudi when you can get it from Russia at discount right!

Posted by Tobby > 2022-09-21 00:54 | Report Abuse

That's right! Oil will become cheaper and you get cheapest still from Russia!
Meaning, Russia even at current market price will translate into losses as their can't no support Russia budget anymore! And of course, Russia can't afford to finance Ukraine war any longer!
That's why you see russian soldiers just giving up and running back to Russia! Because they know they ain't going to get supply anytime soon and future supplies will be certain halt!

Posted by Tobby > 2022-09-21 00:56 | Report Abuse

And the enlightens are smilling ear to ear! Heck, why not launch another war in Asia right! Keep Asia people join the suffering and misery like what europeans are right now! That's right, europeans are going hungry and this winter, they are certain not to get any heating source! Probably many will die due to cold!
I mean, if the enligthens do not have problem with that, while making tons of bilions from Ukraine, then why not spread such golden opportunity to Asia too!

Posted by Tobby > 2022-09-21 00:58 | Report Abuse

Anyway, Putin is an island! He tried to sell Russia China hegemony but Chairman Xi is distancing himself from loser Putin! I mean, why share the credit when China has been doing all the heavy lifting! While let Putin take the credit for all CCP hard work! There's no place for 2 tigers on top of absolute power! Especially Putin which has proven failure in Ukraine invasion!

Posted by Tobby > 2022-09-21 16:55 | Report Abuse

Russia has been in timewarp for too long! Putin didn't do anything to improve Russia! All spent on mega yatchs and useless spending on military! We already seen how Putin system was co corrupted, Russia military equipment were so poorly provided!

Posted by BornToSpeculate > 2022-09-22 09:49 | Report Abuse

Its obvious who is losing the war. EU will go into a big recession, have to deal social unrest, failing economies. All their leaders are also on the chopping board...Russia survived sanction since they wrongly blamed for MH17 and they accummulated 600B USD with a much lower oil price then. How about you guess how they are doing now

Posted by The_JQuestion > 2022-09-22 11:51 | Report Abuse

in the long run russia will LOSE losing all his aides and being the north korea surrounded by EU.... only way is to become like NK shut down the world and live disconnected if anyone even can these days