A high oil price is the biggest accelerant to an inevitable US economic collapse. That’s why the US Govt can’t afford war with Iran and Ukraine is told to stop attacking Russian oil refineries. Ukraine is now blackmailing the US. “Pay up or we’ll send the oil price to the moon.”
@KimDotcom War with Iran in the middle east will be a much quicker demise than war with Russia. Total collapse, and then there's China. Multipolar world is off to a good start.
@KimDotcom For whom and why do Slavs fight against Slavs (often still related to each other) to make access to the Black Sea more difficult for Russia? Is it worth it? Instead of trading with each other and achieving prosperity. All the unnecessary sacrifices could have been avoided.
@KimDotcom So they would choose to let the economy collapse rather than drill for oil here?
@KimDotcom If things escalate in the Middle East, Iran could take steps to increase oil prices dramatically. It seems to me there are also powers at work in Ukraine that feel betrayed by the west. It’s going to be an interesting couple of months.
@KimDotcom Basically, the US is becoming a hostage of the Ukranian regime.
@KimDotcom This will also fracture the grip the US has on the EU. If oil prices go up, the EU will purchase Russian energy directly again