Pages:
Author

Topic: Energy Crisis 2.0 in the New World Order era - page 7. (Read 2608 times)

legendary
Activity: 3752
Merit: 1864
.....

I won't argue about the main part - everyone has the right to their opinion Smiley
I will answer the question about the use of weapons of mass destruction, and we understand that we are talking about nuclear weapons.
The fact is that, for example, Western developed countries are categorically against the use, because They are well aware that a nuclear war is a stick that will hit both sides, and VERY painfully and for a long time. For countries with developed economies, familiar comfort, stability - even a limited blow to their territory will again throw them into a terrible state. They have something to lose, they are against it. But... they may be forced. Until today, nuclear weapons were weapons of DETERRENCE. But today we see that outright terrorists threaten the world with nuclear weapons. Moreover, they degenerated to the point that they began to threaten nuclear-free countries with nuclear weapons. And it is not surprising that one of the proponents of the concept “the whole world is in nuclear ashes” was surrounded, probably in order to minimize his nuclear terrorist impulses. The second one is of course more difficult. But.. and here China is unlikely to “fit in” with a psychopath waving a nuclear baton. No matter which side China takes in a nuclear war, China will also suffer from a retaliatory strike. It seems to me that for China this is not the best way out of the difficult economic situation that has developed this year....
legendary
Activity: 2898
Merit: 1823
I believe not, and if that's your opinion, then OK. I respect it. But shower-thought, if China won't truly engage in a real partnership with Russia, and merely want to treat their neighbors as their "slaves", then again as I posted before, Russia can switch sides and attack the "master" in exchange for the lifting of sanctions and immunity from war crimes.

China would need real allies if they truly want to invade and occupy Taiwan. They can't merely treat Russia as a "slave". Perhaps later if they take over and become the THE super power. China going to be like the United States. A bully.

Russia to attack China?! Do you believe this? The only reason is to declare war on China and throw 1 grenade across the border to immediately surrender to China Smiley


If indeed a multi-national war, and a deal with the United States and its allies, and their support? OF COURSE YES. It would be a foreign relations disaster for China to treat their Russian neighbor as "Slaves". It would be a laughable mistake.

Quote

Forget the fairy tale about the “second army of the world”, in Ukraine they have not been able to achieve any noticeable successes in two years, except for the complete destruction of a high-class strike group... Let me clarify - THEIR OWN, Russian group, which entered Ukraine in February 2022, after which collected rabble in Russia from recruits to criminals Smiley
And to organize “meat assaults” in the war with China, and there are no other options, well, this is the height of idiocy when assessing the number of people in China Smiley
What can it oppose to China with 1+ billion population, the largest military budget, developed industry, including the military-industrial complex, and... a huge number of Chinese in eastern Russia? This will be the fastest and most idiotic suicide Smiley

PS And the key question is - who then will buy huge volumes of gas and oil for any money???



Probably not, but if it comes to dealing with China, Russia shouldn't be forced to use weapons of mass destruction. Could China truly make such a country their mere "slaves". That again would be laughable, I'm sorry.

Plus about the United States not wanting war vs. Iran. I believe they do. In fact, they have the enemy surrounded. Haha.

legendary
Activity: 3472
Merit: 10611
What would Ukraine do without all that military and financial assistance from the west? Without that assistance the war would be long over.
We may soon find out since more and more Western aid is going to the terrorist organization1 helping them commit genocide in Gaza. Not to mention US itself is going to need a lot of aid defending against the barrage of attacks that has significantly increased ever since last night's terrorist attack on Gaza which was largest to this day. In other words the more they bomb Gaza, the more US bases are going to be bombed: https://www.talkimg.com/images/2023/10/28/T4YmT.jpeg

1. For nitpickers: in the last OIC meeting Israel is officially announced as a terrorist organization. Also if you have watched the latest series of speeches in United Nations, increasing number of countries are referring to Israel as a terrorist organization and/or their actions as terrorist attacks.
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
But I am optimistic that the economic revival of eastern nations is truly near. Because in the last decade I have seen our economy (ASEAN) here showing more positive results with an average growth of 4-5% amidst the many global economic crises that are currently occurring.
In a chaotic period as the World Order changes, all countries will suffer. The degree of it depends on a lot of things one of which is their resources (energy, food, minerals, ...) that can reduce the number of or severity of the issues they are going to face.

Another important thing that I always emphasize is having wise decision makers. People in key roles that can make the best decisions possible in order to get their country over this troubling times.
One of the best decisions that countries around the world have been making is creating these "altarnative" alliances, association, organization or whatever they may be referred to such as ASEAN, BRICS, SCO, etc.
Creating an alliance, association or organization or even a union of countries can indeed strengthen the position of a country, or a group or something similar that has the same interests and goals. Because by forming an alias or organization or something like that, it will make it easier to solve a problem that is being faced. The formation of ASEAN has also strengthened the economy, politics and culture or social in Southeast Asian countries. And now BRICS, which is also more focused on increasing the economic progress of the countries in the group, has actually succeeded in fulfilling its goals. Their economy can be said to remain stable even though the global crisis is hitting the whole world. So it is not surprising that more and more countries want to join BRICS. And because BRICS embraces various continents, currently many ASEAN members are also interested in joining. Arab countries have also shown their interest in joining openly. And in fact, more and more countries joining will also provide economic benefits for each country. And strengthen the position of BRICS in the new global economic order.

Basically, currently the countries that have joined BRICS have quite strong power in the economy. Because many of these countries are even rich in oil mining. Even the joining of Middle Eastern countries will strengthen this economic group (BRICS). It looks like BRICS at the new world order will be an important group that will increasingly be in the spotlight and will get its own quite important stage.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Forget the fairy tale about the “second army of the world”, in Ukraine they have not been able to achieve any noticeable successes in two years,

My little retarded friend, you forgot that Russia has been fighting the entire Western world in this war. What would Ukraine do without all that military and financial assistance from the west? Without that assistance the war would be long over.




legendary
Activity: 3472
Merit: 10611
Even though we as an eastern nation feel that currently we are still doing well regarding energy availability. Because my country does have its own oil mines and is not too dependent on other countries in energy matters because we have everything here to survive the energy crisis. But still we are also disturbed when it comes to one type of food such as wheat which is increasingly expensive in my country. And many foods are made with wheat here. Starting from snacks to heavy meals, you need wheat. So the price increase for several types of food continues to occur due to the impact of the war that occurred and the crisis that occurred in one of the largest wheat producing countries.

But I am optimistic that the economic revival of eastern nations is truly near. Because in the last decade I have seen our economy (ASEAN) here showing more positive results with an average growth of 4-5% amidst the many global economic crises that are currently occurring.
In a chaotic period as the World Order changes, all countries will suffer. The degree of it depends on a lot of things one of which is their resources (energy, food, minerals, ...) that can reduce the number of or severity of the issues they are going to face.

Another important thing that I always emphasize is having wise decision makers. People in key roles that can make the best decisions possible in order to get their country over this troubling times.
One of the best decisions that countries around the world have been making is creating these "altarnative" alliances, association, organization or whatever they may be referred to such as ASEAN, BRICS, SCO, etc.


On another news, this morning after having sustained more than a hundred casualties in the past week US CENTCOM decided to respond to one of the attacks by an airstrike on a storage facility in Syria.
As I had predicted, this response from US was met with an even heavier response by the Syrian resistance as instead of a small strike using shells or small rockets they used at least 10 ballistic missiles with heavy warheads to attack the US base close to the Al-Omar oil fields in Eastern Syria. The US casualties are expected to be very high.
Good news is that US seems to have gotten the message as they stopped showing any interest in responding to any of the attacks...
legendary
Activity: 3752
Merit: 1864
I believe not, and if that's your opinion, then OK. I respect it. But shower-thought, if China won't truly engage in a real partnership with Russia, and merely want to treat their neighbors as their "slaves", then again as I posted before, Russia can switch sides and attack the "master" in exchange for the lifting of sanctions and immunity from war crimes.

China would need real allies if they truly want to invade and occupy Taiwan. They can't merely treat Russia as a "slave". Perhaps later if they take over and become the THE super power. China going to be like the United States. A bully.

Russia to attack China?! Do you believe this? The only reason is to declare war on China and throw 1 grenade across the border to immediately surrender to China Smiley

Forget the fairy tale about the “second army of the world”, in Ukraine they have not been able to achieve any noticeable successes in two years, except for the complete destruction of a high-class strike group... Let me clarify - THEIR OWN, Russian group, which entered Ukraine in February 2022, after which collected rabble in Russia from recruits to criminals Smiley
And to organize “meat assaults” in the war with China, and there are no other options, well, this is the height of idiocy when assessing the number of people in China Smiley
What can it oppose to China with 1+ billion population, the largest military budget, developed industry, including the military-industrial complex, and... a huge number of Chinese in eastern Russia? This will be the fastest and most idiotic suicide Smiley

PS And the key question is - who then will buy huge volumes of gas and oil for any money???
legendary
Activity: 2898
Merit: 1823
I believe not. Politics is always giving and taking, plus Putin would never let Russia be used unless there's something for them, an incentive. "Scratch my back, and I'll scratch yours", a true partnership vs. the United States and its allies.

But if China is truly doing as you posted, then Xi is either stupid or he's merely gambling. Because it risks Russia becoming an enemy from the East. Geo-politically, China NEEDS Russia to be its partner.

On the one hand, I agree with you, in politics, friendship is more of a symbiosis than an honest, selfless friendship.

But in relation to China/Russia, this is a “one-sided”, unhealthy symbiosis.
I will explain so that it does not look like an unfounded assumption.
For example:
- "Friendship" of the EU. Mutually beneficial coexistence of geographically close countries, with the aim of building a united “compensatory economy”, and opposition to the dollar economy in European countries. There are other points, but I would call these important
- Friendship USA\Israel. There is real mutual benefit here. For the United States, Israel is an element of influence in the East, and Israel receives enormous financial and military assistance. Although I will add - there are a lot of controversial issues in their relationship and even confrontation.

- And our “couple” China and Russia. What is China's benefit from Russia? None! In today's situation, Russia is simply supplying cheap resources in exchange for China's silence and its neutral position on many issues. Well, plus, as I wrote, “a stick for poking” into everything that can lead to problems. Plus a controlled performer of any “dirty deeds”, completely dependent on China. Those. China is carrying out its “dirty deeds” through the hands of Russia. Including attempts to weaken the Western world, the United States, and their influence. There is NO other practical benefit from Russia. as there are no partnerships. Moreover, China has “views” of Russian territory, especially forests, fertile lands and.... WATER! Believe me, it’s only a matter of time before Russia openly or secretly gives up Baikal to China... The only caveat is that China needs Russia whole, not torn apart by the loss in the war against Ukraine. That's why we observe him acting like this.

Those. The relationship between China and Russia is not a partnership with a reservation, but a relationship between Master and Slave.


I believe not, and if that's your opinion, then OK. I respect it. But shower-thought, if China won't truly engage in a real partnership with Russia, and merely want to treat their neighbors as their "slaves", then again as I posted before, Russia can switch sides and attack the "master" in exchange for the lifting of sanctions and immunity from war crimes.

China would need real allies if they truly want to invade and occupy Taiwan. They can't merely treat Russia as a "slave". Perhaps later if they take over and become the THE super power. China going to be like the United States. A bully.
legendary
Activity: 3752
Merit: 1864
I believe not. Politics is always giving and taking, plus Putin would never let Russia be used unless there's something for them, an incentive. "Scratch my back, and I'll scratch yours", a true partnership vs. the United States and its allies.

But if China is truly doing as you posted, then Xi is either stupid or he's merely gambling. Because it risks Russia becoming an enemy from the East. Geo-politically, China NEEDS Russia to be its partner.

On the one hand, I agree with you, in politics, friendship is more of a symbiosis than an honest, selfless friendship.

But in relation to China/Russia, this is a “one-sided”, unhealthy symbiosis.
I will explain so that it does not look like an unfounded assumption.
For example:
- "Friendship" of the EU. Mutually beneficial coexistence of geographically close countries, with the aim of building a united “compensatory economy”, and opposition to the dollar economy in European countries. There are other points, but I would call these important
- Friendship USA\Israel. There is real mutual benefit here. For the United States, Israel is an element of influence in the East, and Israel receives enormous financial and military assistance. Although I will add - there are a lot of controversial issues in their relationship and even confrontation.
- And our “couple” China and Russia. What is China's benefit from Russia? None! In today's situation, Russia is simply supplying cheap resources in exchange for China's silence and its neutral position on many issues. Well, plus, as I wrote, “a stick for poking” into everything that can lead to problems. Plus a controlled performer of any “dirty deeds”, completely dependent on China. Those. China is carrying out its “dirty deeds” through the hands of Russia. Including attempts to weaken the Western world, the United States, and their influence. There is NO other practical benefit from Russia. as there are no partnerships. Moreover, China has “views” of Russian territory, especially forests, fertile lands and.... WATER! Believe me, it’s only a matter of time before Russia openly or secretly gives up Baikal to China... The only caveat is that China needs Russia whole, not torn apart by the loss in the war against Ukraine. That's why we observe him acting like this.
Those. The relationship between China and Russia is not a partnership with a reservation, but a relationship between Master and Slave.
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
Even though we as an eastern nation feel that currently we are still doing well regarding energy availability. Because my country does have its own oil mines and is not too dependent on other countries in energy matters because we have everything here to survive the energy crisis. But still we are also disturbed when it comes to one type of food such as wheat which is increasingly expensive in my country. And many foods are made with wheat here. Starting from snacks to heavy meals, you need wheat. So the price increase for several types of food continues to occur due to the impact of the war that occurred and the crisis that occurred in one of the largest wheat producing countries.

But I am optimistic that the economic revival of eastern nations is truly near. Because in the last decade I have seen our economy (ASEAN) here showing more positive results with an average growth of 4-5% amidst the many global economic crises that are currently occurring.


Sourch: ekon.go.id
legendary
Activity: 3752
Merit: 1864
Your biggest problem that blinds you to a lot of the facts of this world is your racist tendencies and your hatred of the civilized east. This is most clear in this post of yours. You support US while bashing China while they both are two sides of the same coin! A lot of what these two countries do are exactly the same too! Like (ab)using other countries to fulfill their own interests.

In fact in this world 99% of what you see as "alliance" is just a coalition. Like NATO Wink


Totally expected response when there are no arguments and the truth "cuts your eyes" Smiley

Let's go back to you and your hysterical statements once again ? So - give an example of my post, where I :
- displaying racist tendencies ?
- show hatred towards the civilized East ?

And at the same time, what in your worldview is the civilized East - a list of countries ? Smiley

And now, once again, we will be convinced that you are just an empty talker Smiley Who in the absence of arguments primitively starts insulting and attributing accusations to the interlocutor.....

full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC


tldr

How is the mindset that you take for grant when oil is cheap. Now gonna pay up for wasting so much energy to generate all the trivial and non essential things. May be started by stop wasting energy on gaming! Next would streaming video that created zero content values.
legendary
Activity: 2898
Merit: 1823
I know it's debatable, and I know that I could definitely be wrong with that mere shower-thought, BUT if China and Russia's real objective is to weaken the United States' empire and their politicial strongholds, THEN the time to attack them is NOW, through a proxy war or a direct war. To force the United States into making the wrong set of monetary policies to pay for their war.

The U.S. needs to issue "War Bonds" to fund the war, but the problem - They can't turn on the money printer to buy those bonds (hyperinflationary), and because of the current risks, no foreign country would be stupid enough to buy those bonds unless yields are high enough (unstable economy), WHICH also needs the money printer to pay interest on those bonds.

In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are ARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion


I believe not. Politics is always giving and taking, plus Putin would never let Russia be used unless there's something for them, an incentive. "Scratch my back, and I'll scratch yours", a true partnership vs. the United States and its allies.

But if China is truly doing as you posted, then Xi is either stupid or he's merely gambling. Because it risks Russia becoming an enemy from the East. Geo-politically, China NEEDS Russia to be its partner.
hero member
Activity: 2338
Merit: 757
In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are ARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
This is neither new nor an amazing discovery. Did you previously believe in loyal friendships between countries? As a politician once said, “There are neither permanent friends nor permanent enemies, there are permanent interests.”
Russia is exploiting its alliance with China on the basis that they have a common enemy (America, NATO, and the West), and China is taking advantage of this friendship on the basis of the same basis to serve its interests in other ways. It is the same thing that America does when it involves its allies in a war in which they are the most affected, and here I mean the Ukrainian war.
International relations in general are like an ongoing, non-stop cold war. As it is known, “In war and love, anything is permissible.”
legendary
Activity: 3472
Merit: 10611
In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are ARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
Your biggest problem that blinds you to a lot of the facts of this world is your racist tendencies and your hatred of the civilized east. This is most clear in this post of yours. You support US while bashing China while they both are two sides of the same coin! A lot of what these two countries do are exactly the same too! Like (ab)using other countries to fulfill their own interests.

In fact in this world 99% of what you see as "alliance" is just a coalition. Like NATO Wink
legendary
Activity: 3752
Merit: 1864
I know it's debatable, and I know that I could definitely be wrong with that mere shower-thought, BUT if China and Russia's real objective is to weaken the United States' empire and their politicial strongholds, THEN the time to attack them is NOW, through a proxy war or a direct war. To force the United States into making the wrong set of monetary policies to pay for their war.

The U.S. needs to issue "War Bonds" to fund the war, but the problem - They can't turn on the money printer to buy those bonds (hyperinflationary), and because of the current risks, no foreign country would be stupid enough to buy those bonds unless yields are high enough (unstable economy), WHICH also needs the money printer to pay interest on those bonds.

In today's world, you can expect anything from some countries, even things that are not logical and seem blatantly wrong Smiley

The only thing I disagree with is that Russia and China are PARTNERS. For China, Russia is just a tool that China can use to "test" or perform some actions that may be painful to the performer. Like a stick to poke a hive of wasps with Smiley China is a pragmatic and cynical country, which in my opinion does not use the concept of "friendship" or "partnership" in international politics and international relations. China is only interested in personal gain. But this is my personal opinion
legendary
Activity: 2898
Merit: 1823
China as an "outside observer" without "some" involvement wouldn't make them an ally of Russia, Iran, and the other nation-states that are starting show increased aggressiveness against the United States and its allies. Because if China isn't involved, then they're the next target for both the U.S. AND Russia.

Plus, of course from China's viewpoint, it's not going to be a direct military war. It's a financial war. The United States is in a monetary dilemma. They need to turn on the money printer to pay the debt and to have capital or the wars, but that would risk hyperinflation. China, Russia, and its allies will attack the U.S. where it will truly hurt =high Crude Oil prices/Oil embargo 2.0.

Russo-Sino Plan might be to,

- Provoke war for the United States, Israel, and its allies in the Middle East
- Unite muslim countries/high Crude Oil producing states from OPEC against the U.S., including Saudi Arabia
- Start Oil embargo against the U.S. and its allies

Plus to anyone who needs Crude Oil, just join the Russo-Sino alliance.

Very interesting idea, or even scenario. A sort of "1973 oil crisis. 50 years later."

It's theoretically possible. But in my opinion, it's more of a no than a yes. Let me explain.
In '73, there was a real confrontation between "two different worlds" that had nothing in common. The interconnection of economies, politics, and other things had an almost ethereal connection....
Although...what is exactly the same is the trigger that led to the crisis. Then a "group of aggressive anti-Semites" decided to attack Israel...ended up getting a brutal response, after which they "sat on their asses, among their destroyed armies". By the way, the USSR, as an ideologue of some currents, also participated there, but already in those times habitually said "we are not there" Smiley
Now the situation is almost identical, only the composition of the "group of aggressive anti-Semites" is different.
But not only the composition has changed. Attitudes, dependencies,.... Those who have "nothing to lose" (Iran, Russia, etc.) who have big internal and external problems are ready to "play war", at the expense of reducing the tension inside (from conscription to the front/slaughter, to repression of those who are dissatisfied with the authorities - "we have a holy war, and you behave like this!"). But other countries are not ready to destroy the world that they have built over the last 50 years, built economies, interconnections, beautiful cities and gave the people of their countries a happy and future-oriented life.  That is why today, a significant part of the Middle East countries, which have a significant weight in the oil market, categorically do not want war - it will destroy their countries. and the fires understand this very well. No, they do not support Israel, but they will not go along with terrorist fanatical groups either. So there will be no support for the "entire Middle East"...And without that, there will be no repeat of the 1973 Oil Crisis. 50 years later." The maximum that will be enough is a SIGNIFICANT localized conflict involving Lebanon, Pakistan, Iran on one side and the US and some other countries on the other.

The only problem that can really create problems is an externally controlled and directed "Arab revolt in the EU". The people there have really played the game of tolerance and kindness, and now they will get a slap on the head for it, from those who were sheltered. Yeah, that's bad. But I hope it will be a good lesson and will push to take unpopular, but NECESSARY decisions (for a long time, by the way), for the survival of the EU....

 And about China. Yes, China now needs to look for "extraordinary steps" to officially "tighten the screws" on the population, as there is an economic crisis ahead. And getting involved in the war in the Middle East, it will have to make a choice - to be on the side of the civilized world, or on the side of terrorist fanatics ? The choice of the second direction is guaranteed to lower the iron shield around China, relative to Western markets. And regional partners are likely to turn away, as they do not remember the word "terrorism" from the best side.... Of course, we can assume that Xi JinPing decided to close the Chinese economy and make it "self-sufficient", but I do not believe in the assumption that he had his brain amputated Smiley)
Yes he will try to "throw wood on the fire", but it will be very careful not to draw much attention to himself as a terrorist collaborator.
The fact is that China and the West (USA) have a "confrontation", but without the USA and its deterrent, China itself will not be able to pull the whole world as a world leader. Plus - China's economy cannot live without Western markets. In a word, it is a symbiosis where both participants bite each other a little, but they will not kill each other as they will die themselves.


I know it's debatable, and I know that I could definitely be wrong with that mere shower-thought, BUT if China and Russia's real objective is to weaken the United States' empire and their politicial strongholds, THEN the time to attack them is NOW, through a proxy war or a direct war. To force the United States into making the wrong set of monetary policies to pay for their war.

The U.S. needs to issue "War Bonds" to fund the war, but the problem - They can't turn on the money printer to buy those bonds (hyperinflationary), and because of the current risks, no foreign country would be stupid enough to buy those bonds unless yields are high enough (unstable economy), WHICH also needs the money printer to pay interest on those bonds.
legendary
Activity: 3752
Merit: 1864
Yes, it is clear that Saudi Arabia will support Palestine. Which country that clearly sees the cruelty of the Israeli Zionists colonizing the Palestinian people for decades with the loss of civilian lives will remain silent? The UN and US even turned a blind eye to this incident.
....

...The Crown Prince of Saudi Arabia, Muhammad bin Salman, ordered his court scientists to “explain to the people” not to “discuss the situation in Gaza,” because “Managers know more and better about the situation” and will “deal with this issue” themselves.
Even he understands that he must avoid Hamas, terrorists, and continue to interact with the civilized world. So.. it didn’t work out with support...

You do know that Arabs are Semites too, right? Smiley

Of course, I know that these are peoples of the same origin, I was not raised on textbooks with fake history and made-up “facts”. So ? Do we consider this an “internal conflict of fraternal peoples” and is this their INTERNAL personal problem? Then why are all sorts of terrorists from nearby territories getting in there, let them decide for themselves what is convenient for them? Smiley Or is this not the case? Grin
legendary
Activity: 3472
Merit: 10611
It really didnt make so much sense to sell the reserves in summer imo, it should be kept for exceptional events and to even out the possible deficit in heating oil and fuel over winter surely.   I realize summer can be higher demand also but I think they have sold into the inflationary figures to try and suppress the worst of that set of price rises as fuel is related to retail and distribution costs.
The situation in US is the result of a series of bad decisions some of which date back at least 4 decades.
Translated into Bitcoin World, imagine someone who has gotten used to shorting bitcoin because price has been dropping for a long time. But that trend is going to change at some point and when it does if that person can not see the change or refuses to accept the change and continues to short bitcoin while price keeps going up, they continue losing their money.

I've been talking about this a lot lately "rules who refuse to accept the world has changed will pay the price". US regime doesn't want to accept that not only it is not the super power of the world but also the regime doesn't want to accept that it is considered a pariah state by the rest of the world.

For example they think they can bring their aircraft carrier group and scare people in the countries they still occupy into remaining silent when US military steals their oil. But the reality is what's been happening over the past year, US military is being attacked by those people and they can't even defend themselves.
 
Now we can start to understand one of the reasons why US started "releasing" its strategic reserves.
For example the 300,000+ bpd they were stealing from Syria is now at about 50,000 bpd and the little they steal is usually attacked and destroyed before they can get it out. This is one of the reasons why US faced an increasing deficit and had to release the reserves to cover it (I believe it was 4.4 million barrels released per day) and they can only do that for about 4 months.
Of course there are other reasons too but this one is usually overlooked which is why I expanded on it.

  They have gone a bit too far if not also increasing production, if you know the reserves will be able to refill with future production increases thats a strategy but if you just sell regardless of any other factors to try and alter a price, its only temporary and the market will rebound will oil higher and maybe more then usual.
US is the biggest oil consumer in the world (more than 20 million barrels per day) and the entire extractable oil the have is only sufficient to cover a little more than 4 years of this kind of consumption. They are also extracting as much as they can and the more you extract, it would make it harder to extract the remainder so the production is expected to fall at some point in the future too.
They already have a big deficit too (between 8 to 10 million bpd) which they cover with imports. When the oil producers like Saudi produce less, when the amount of oil they steal decreases, etc. that deficit grows so they have to release their reserves...

I highly highly highly doubt that they would be stupid enough to even attempt something like that.~
You are right and I said I wouldn't read too much into the threat itself. The point for including it here was to mention one of the indications of the rising tensions in the oil rich region that is going to affect the oil price and consequently everything else, which is the subject we discuss here.
As for the threat itself, it was a necessity because a terrorist organization that owns weapons of mass destruction needs to be reminded that legitimate countries do too.

a "group of aggressive anti-Semites"
You do know that Arabs are Semites too, right? Smiley
legendary
Activity: 3752
Merit: 1864
China as an "outside observer" without "some" involvement wouldn't make them an ally of Russia, Iran, and the other nation-states that are starting show increased aggressiveness against the United States and its allies. Because if China isn't involved, then they're the next target for both the U.S. AND Russia.

Plus, of course from China's viewpoint, it's not going to be a direct military war. It's a financial war. The United States is in a monetary dilemma. They need to turn on the money printer to pay the debt and to have capital or the wars, but that would risk hyperinflation. China, Russia, and its allies will attack the U.S. where it will truly hurt =high Crude Oil prices/Oil embargo 2.0.

Russo-Sino Plan might be to,

- Provoke war for the United States, Israel, and its allies in the Middle East
- Unite muslim countries/high Crude Oil producing states from OPEC against the U.S., including Saudi Arabia
- Start Oil embargo against the U.S. and its allies

Plus to anyone who needs Crude Oil, just join the Russo-Sino alliance.

Very interesting idea, or even scenario. A sort of "1973 oil crisis. 50 years later."

It's theoretically possible. But in my opinion, it's more of a no than a yes. Let me explain.
In '73, there was a real confrontation between "two different worlds" that had nothing in common. The interconnection of economies, politics, and other things had an almost ethereal connection....
Although...what is exactly the same is the trigger that led to the crisis. Then a "group of aggressive anti-Semites" decided to attack Israel...ended up getting a brutal response, after which they "sat on their asses, among their destroyed armies". By the way, the USSR, as an ideologue of some currents, also participated there, but already in those times habitually said "we are not there" Smiley
Now the situation is almost identical, only the composition of the "group of aggressive anti-Semites" is different.
But not only the composition has changed. Attitudes, dependencies,.... Those who have "nothing to lose" (Iran, Russia, etc.) who have big internal and external problems are ready to "play war", at the expense of reducing the tension inside (from conscription to the front/slaughter, to repression of those who are dissatisfied with the authorities - "we have a holy war, and you behave like this!"). But other countries are not ready to destroy the world that they have built over the last 50 years, built economies, interconnections, beautiful cities and gave the people of their countries a happy and future-oriented life.  That is why today, a significant part of the Middle East countries, which have a significant weight in the oil market, categorically do not want war - it will destroy their countries. and the fires understand this very well. No, they do not support Israel, but they will not go along with terrorist fanatical groups either. So there will be no support for the "entire Middle East"...And without that, there will be no repeat of the 1973 Oil Crisis. 50 years later." The maximum that will be enough is a SIGNIFICANT localized conflict involving Lebanon, Pakistan, Iran on one side and the US and some other countries on the other.

The only problem that can really create problems is an externally controlled and directed "Arab revolt in the EU". The people there have really played the game of tolerance and kindness, and now they will get a slap on the head for it, from those who were sheltered. Yeah, that's bad. But I hope it will be a good lesson and will push to take unpopular, but NECESSARY decisions (for a long time, by the way), for the survival of the EU....

 And about China. Yes, China now needs to look for "extraordinary steps" to officially "tighten the screws" on the population, as there is an economic crisis ahead. And getting involved in the war in the Middle East, it will have to make a choice - to be on the side of the civilized world, or on the side of terrorist fanatics ? The choice of the second direction is guaranteed to lower the iron shield around China, relative to Western markets. And regional partners are likely to turn away, as they do not remember the word "terrorism" from the best side.... Of course, we can assume that Xi JinPing decided to close the Chinese economy and make it "self-sufficient", but I do not believe in the assumption that he had his brain amputated Smiley)
Yes he will try to "throw wood on the fire", but it will be very careful not to draw much attention to himself as a terrorist collaborator.
The fact is that China and the West (USA) have a "confrontation", but without the USA and its deterrent, China itself will not be able to pull the whole world as a world leader. Plus - China's economy cannot live without Western markets. In a word, it is a symbiosis where both participants bite each other a little, but they will not kill each other as they will die themselves.
Pages:
Jump to: