The Demolition of Russia's Economy

Crude dropped -$5 today, most likely to do with FED raising rates, and more to come, as well as recession talks getting louder.

Recession is almost inevitable which might drop crude lower and lower. Then what does Putin do?

"The cure for high prices is higher prices". Might be the cure to getting rid of Vladdy duh dah too.
 
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I have to wonder what Germany particularly has in the pipeline as a technological solution.

They can certainly produce syngas though unless they do something radical like tie in a nuclear reactor's waste heat to facilitate the hydrogen extraction it won't be very environmentally friendly.

Dunno, there must be plans afoot. Better look.
 
But the source of wealth could be ownership of a russian steel conglomerate or mining business, this is why they might still be handcuffed a bit to russia.

Several oligarchs understood this in time and already moved out billions to Europe mostly. They knew Putin very well and also the risk of kepeing their money in Russia.

Abramovich, Tinkov, Friedman and others moved out already money years ago. They also reduced their participations in Russian companies and switched to areas out of Putin's reach.
 
Crude dropped -$5 today, most likely to do with FED raising rates, and more to come, as well as recession talks getting louder.

Recession is almost inevitable which might drop crude lower and lower. Then what does Putin do?

"The cure for high prices is higher prices". Might be the cure to getting rid of Vladdy duh dah too.


Keep dreaming
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