El-Erian Says Things Are Set To Blow In Russia

It must gall you that Putin has an 80% popularity rating in Russia, while Obama's is less than half that.

It still baffles me why Obama is so determined to challenge Putin. I believe it all stems from Putin's refusal to go along with gay propaganda at the Olympics. That really infuriated obama.

Putin is a hard man, no question, but the Russina people truly seem to believe he has the interests of their country first and foremost. Who could say that about our president?

Is Odumbo really an advocate of the queers? I've been under the impression he only became one after he was told he could secure their vote if he openly expressed approval. (We all know he's a Muslim... what do Muslims think of queers? Isn't cornholing another dude a beheading offense?)
 
Is Odumbo really an advocate of the queers? I've been under the impression he only became one after he was told he could secure their vote if he openly expressed approval. (We all know he's a Muslim... what do Muslims think of queers? Isn't cornholing another dude a beheading offense?)

I've been to too many countries to list, but here's an absolute fact. Muslims are trained to know that it's fully ok to lie and deceive non Muslims. Ask any American who's lived in areas such as Indonesia, and they'll guarantee you that is a fact, and is a common practice. Now, imagine one of these types who was raised this way, in the White House.:eek: That's EXACTLY what we have. Now you can understand why this Muslim pile of shit can lie like a compulsive liar when he stands before We The People. It's just business as usual as far as he's concerned.......
 
^ I got started on a rant, sorry. As for Ocommunist and queers, sure he hates them as a good muslim he is. He just has to lie like hell, and deceive them into giving up their votes. After all, this is very normal behavior on Ocommunist's part. He was born into this, and bro, that's damned near impossible to get out of one's system... Until he's impeached, it's the end of his term, or Americans overthrow this tyrannical mess, this is what we'll get.
 
They can definitely shake out the exploration types and some of the shale production processes but there is a lot of old fashioned drilling going on too.


Yeah but there is still no denying that this is crushing the small oil companies who are pulling the most expensive oil out of the ground. Alberta Real Estate is going to be cheap, soon.

My guess is as good as yours, but i have a feeling that the saudis have seen the writing on the wall, 20 years from now demand for oil will be lower than today, and 50 years from now it will be nonexistent. They are sitting on a lake of money that is only good if they cash it out in todays terms.

I see people wanting to buy oil now, and i cringe, in my eyes it looks like the same thing that happened to boon pickens with nat gas as it went lower and lower and lower as we developed new ways (fracking) to develop it, and we realised we are sitting on a pool of energy so enormous we will not even be able to pull it out of the ground before we find better options.

Peak oil is another conspiracy theory developed by the same loons who believe in globull warming.
 
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Peak oil is another conspiracy theory developed by the same loons who believe in globull warming.


Now that we're swimming in oil it's almost as if the bogus peak oil theory didn't exist. I'm betting it won't be long until wikipedia has articles claiming it was a myth that the left was trying to shove peak oil down our throats-- like they've tried to wipe global cooling from history.
 
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Now that we're swimming in oil it's almost as if the bogus peak oil theory didn't exist. I'm betting it won't be long until wikipedia has articles claiming it was a myth that the left was trying to shove peak oil down our throats-- like they've tried to wipe global cooling from history.

Same bullshit from the last time we went thru the bubble-bust...not even 6 years ago. Oil collapsed from almost $150/bbl to $38/bbl in a few months. Gee, I wonder if it had to do with speculative excesses caused by the Fed's constant tinkering with rates and/or centrally planned economies.
 
Opec has also been suspected of collapsing the price on purpose to cause higher cost producers out of the business.


I read an article yesterday that said John Kerry made a trip to saudi arabia and right after that the saudis said they were going to keep on pumping. Supposedly the object was an economic attack on Russia.
Looks like there's going to be some collateral damage in the US oil production space that was funded by junk debt and used the proceeds for fracking.
 
Typical obama policy. Hurt America first. That'll show Putin.

Obama and these other idiot western leaders like David Cameron have no clue whom they're dealing with. Putin is not John Boehner.

Do you think it is just a coincidence he waited until winter to send tanks into Ukraine? Do they really think Putin won't cut off their gas supplies?
 
BRISBANE, Australia, Nov 15 (Reuters) - Western leaders warned Vladimir Putin at a G20 summit on Saturday that he risked more economic sanctions if he failed to end Russian backing for separatist rebels in Ukraine.

Russia denied any involvement in an escalation of the separatist war in eastern Ukraine, where more than 4,000 people have been killed since April, but faced strong rebukes from leaders including U.S. President Barack Obama and Canadian Prime Minister Stephen Harper.

"I guess I'll shake your hand but I have only one thing to say to you: you need to get out of Ukraine," Harper told Putin at the summit in Brisbane, Australia, according to his spokesman Jason MacDonald.
 
Same bullshit from the last time we went thru the bubble-bust...not even 6 years ago. Oil collapsed from almost $150/bbl to $38/bbl in a few months. Gee, I wonder if it had to do with speculative excesses caused by the Fed's constant tinkering with rates and/or centrally planned economies.
Were you long crude ?
 
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