The EU announced a ban of Russian oil consisting of 2/3rds of imports with a goal of 90% by the end of 2022. Couple that with the gas issues they’re having, resistant of paying up in Rubles, the entire continent of Europe places themselves in the unenviable position of having to freeze the coming winter, or at a minimum endure the pangs of shortages and a sharp reduction of economic activity. This is scorched earth now. The west is afflicting its citizenry with the harshest of all penalties in order to attempt to win in the Ukraine, a war which appears to be almost conclusively one sided in favor of Russia.
Brent crude is bidding near $122 now and futures are soft.
On the issue of Ukraine, EU’s Borrell commented on how Europe might do in a war against Russia.
EU BORRELL: “Look, the European armies couldn’t maintain a war like the one in Ukraine for more than two weeks. They’ll run out of ammunition.”
In conclusion: The United States has deemed Ukraine of utmost national importance and has subsequently ordered Europe to go along for the ride, in an attempt to destroy the Russian state. To do this, instead of outright war with Russia, we intend to send wonder weapons into Ukraine so that the Ukrainian men could fight and die for our position there. We have taken over full control of Ukraine’s finances and military needs and will not negotiate with Russia for a diplomatic end.
The financial ramifications have been minimal for Russia, but severe for the west as rampant inflation and supply chain shortages wreak havoc.
About half of the country is in favor of war with Russia for Ukraine — because they have been told fighting for democracy is oh so important. A similar tale was told before the Korean, Vietnam, Iraq, and Afghanistan wars.
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It get worse – China lockdowns will persist through yearend, putting further stress on supply chain.
Raytheon, the Overlord
Someone needs to read how WW2 started . Compromise after threats and false promises, defence of German speaking people as an excuse. Attacking and often levelling cities or just threatening to.
Lies. Fear. Eliminating those that stand up. And so on.
The way a psychopath operates. They must win.
You must stop them.
This is not about democracy. It’s about freedom and an unwanted attack. You can have it there or on a gradually broadening war and the world being more affected.
Good luck with any weak thinking.
Yes, I’m sure that’s an argument being made in Russia …with Russian citizens having observed the west going around the world blowing countries up and going back on their word to Russia by expanding NATO to their doorstep. And while this was happening, their leader, Putin, did nothing to stop the west. It is a shame that the psychopaths running our war exportation couldn’t stop themselves.
So different from WW2, Purdy’s sarcasm is spot on