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reety82 t1_j6kv350 wrote

You could not be more wrong about oil dumping. Years of underinvestment will underpin oil for years to come.

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mlamping OP t1_j6kv7ew wrote

I’m not saying it will be indefinite. Just stating that after the war is done, Russia will dump oil to get cash.

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Serious-Pepper2380 t1_j6lmnl9 wrote

Get cash? Green backs? Putin in power would be a defat for the US. Why would Putin go back to dollar and empower the US again when they managed to successfully defy historic unsuccessful economic attacks. US is losing in case you're unaware of world politics, quite concerning for those of us that live in the states but America beginning to put back from US influence: for example, Peru in the brink of civil war caused by CIA and it's interests in its Lithium mines. Bolivia speaking out about US involvement. El Salvador claiming to " want to become like UN leading nations, meaning are independent and not anyone's back yard", Colombia ending it's " war against drugs" which they say only benefits US. Brazil, Mexico ( the two economic giant s of Latin America) also are expressing gripes... I can keep going. Bottom line is you give Biden too much credit, when in reality he'll be lucky to make out this term not in a wheelchair: dude has trouble walking and in the brink of dimensia

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