cheapseats
EOG Master
Yea, Bernanke comes out as the Monday Morning QB saying what a mistake for not raising sooner.
Yea, that was the estiimate, looks like that wont happen however, not really a surprise that the main victim of these sanctions is the american consumer.i know JP knows what they are doing but they left russia from the last read? I trust the Central bank of russia and the IMF who could have better numbers. They both say 8-12% GDP reduction in the economy. Which puts them at an economy in year 1991
Remember sanctions take several months to kick in.
we will see.
Yea, that was the estiimate, looks like that wont happen however, not really a surprise that the main victim of these sanctions is the american consumer.
Biden could fix much of it in a day, just say sanctions aren't really working and we're dropping most of them. people would be thrilled if oil dropped $20-30 bbl and gas dropped a buck.
ok russia inflation 20% --- actualYou trust central bank models over actual data? The same central bank models that, for months, insisted that inflation was transitory? Uh. Ok.
Yea, that was the estiimate, looks like that wont happen however, not really a surprise that the main victim of these sanctions is the american consumer.
Biden could fix much of it in a day, just say sanctions aren't really working and we're dropping most of them. people would be thrilled if oil dropped $20-30 bbl and gas dropped a buck.
Sanctions are obviously not working, the russian economy is not being effected nearly as much as was "expected" , instead of simply admitting it your response is to talk about things that happened 40 years ago to a nation that no longer exists.you thought russia was going to take the kiev in 2 weeks and put in a puppet.. Sanctions take months. Russia went bust from war 79-89 i guess you don't remember the Afghan war
Sanctions are obviously not working, the russian economy is not being effected nearly as much as was "expected" , instead of simply admitting it your response is to talk about things that happened 40 years ago to a nation that no longer exists.
Considering russia has hard assets, while we are just printing money, we are more likely to go bankrupt funding this war than they are.
I hear we're rentering the somali war, great idea huh?
Bidens covid people are demanding another $20 billion to supposedly buy more vaccines for the fall, latest data shows over 170 million doses unused and unwanted around the country, LOL.yes. troops were sent there. The people were not getting their covid shots
Bidens covid people are demanding another $20 billion to supposedly buy more vaccines for the fall, latest data shows over 170 million doses unused and unwanted around the country, LOL.
Oh yea, a whole bunch of far left cities will, makes me happy to see them suffer. You get what you pay for and you get the govt you deserve. looks like this current surge has peaked - therefore it's time to overreact. here's the latest chart - deaths have never been lower.i heard NYC could be going back to mask?
It would solve half of the inflation problem overnight.
But when the Biden administration's real goal is to destroy the middle class and the economy in America, that's not really an option.
prob a mix of asian countries - india, china, etc. it really doesn't matter, oil is a fungible commodity, it will find a way to those who require it.less than 2 years who is going to buy the 40% europe is buying now?
So the ruble was going to collapse (and it did for a couple weeks), now it's stronger than it's been in ages...BUT, the new predictions(which were horribly wrong just a month ago) show the ruble might drop 10%.Even the Bank of Russia admitted in its latest monetary report that sanctions have essentially turned the rate into a blunt expression of the country’s trade balance.
As an embargo on oil and gas by European governments kicks in by late 2022, Ghose predicts the ruble will slump 10% by year-end and a further 20% by the end of 2023.
So the ruble was going to collapse (and it did for a couple weeks), now it's stronger than it's been in ages...BUT, the new predictions(which were horribly wrong just a month ago) show the ruble might drop 10%.
Even the russians would laugh at that ridiculous prediction. If correct it would amount to almost nothing from a financial perspective.
prob a mix of asian countries - india, china, etc. it really doesn't matter, oil is a fungible commodity, it will find a way to those who require it.
Depending on when the war ends europe may capitulate on that too.
What's our real inflation rate?it is getting propped up
inflation is 21%
What's our real inflation rate?
I must confess I've pretty much ignored somalia for some time, from my always reliable internet sources(which take the place of research), apparently the old somali leader canceled western energy.oil leases and now some new guy has taken over who will reverse that.somalia here we come
President Biden ran on a promise to end “forever wars,” a policy that culminated in a strategically and morally disastrous withdrawal from Afghanistan. The news this week that U.S. troops are returning to Somalia is a welcome sign that the White House knows it can’t continue to ignore inconvenient security problems
I must confess I've pretty much ignored somalia for some time, from my always reliable internet sources(which take the place of research), apparently the old somali leader canceled western energy.oil leases and now some new guy has taken over who will reverse that.
Since the new guy is weak he needs our muscle to stay in power. So it's just another oil/money grab, LOL. Surprise.
What's our real inflation rate?
I think the real story is the US is offering them weapons - basically free through US aid. the question is will the indians accept considering the US is a declining power?India, world's biggest buyer of Russian arms, looks to diversify suppliers
they are business people. Not really friends of russia even though they go way back. One thing for sure india does not like china
I think the real story is the US is offering them weapons - basically free through US aid. the question is will the indians accept considering the US is a declining power?
$500 million in weapons to a nation of 1.3 billion is peanuts.
You keep bolstering your non arguments with references to the way things were 40 or 50 yrs ago. Those days are long gone, never to return, the democratic party is now more communist than the communist party was in the 70's.They said the USA was a declining power after Vietnam. How did that work out? you remind me of mr magoo
#1 economy
#1 military power
demographics that does not quit
You keep bolstering your non arguments with references to the way things were 40 or 50 yrs ago. Those days are long gone, never to return, the democratic party is now more communist than the communist party was in the 70's.
If they are running out of people then what are the ukranians doing? They're getting slughtered by the russians, supposedly the russians have over 7000 Pow's, the ukranians have maybe 600 rusiian prisoners.very true but that is because of china, Not russia. It will be china vs USA in the super bowl . Russia will get knocked out in an earlier round. They are running out of people & US dollars.
If they are running out of people then what are the ukranians doing? They're getting slughtered by the russians, supposedly the russians have over 7000 Pow's, the ukranians have maybe 600 rusiian prisoners.
usa is turning into a bigger shithole every day.i am not talking about the war. I am talking about demographics of russia. Aging population, they drink heavy & smoke. This is their last big generation. They will get smaller and smaller
ukrane is not trying to be a super power. That is why they gave up their nukes to russia in the Budapest agreement 1994..
The usa is getting larger to replace the baby boomers
usa is turning into a bigger shithole every day.