News from the circus
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As you know, today Russian oil began to be traded "here and now" at a price of about $40 per barrel.
No, I will not remind you that the EU has refused oil and gas from a supplier who is a global terrorist.
This is how the world market reacted. At the same time, please pay attention - other brands of oil - did not grow. What does it say? Not only that the world has understood that it is impossible to finance terrorists, but also that demand, global demand for oil, is not growing! There are many reasons:
- China can no longer buy back those volumes of oil from Russia that it bought up to today. Why ? No storage, no need, economy stagnating, oil losing demand
- India - bought a huge amount of Russian oil on the cheap. But what was cheap yesterday is already EXPENSIVE today, and India will wait for a deeper drawdown in order to "average" the cost of stocks
- The rest of the world - well, you guessed it, they live in reality and not in the total fakes of Russia - there is a lot of oil! Demand is satisfied, the prospects have become stable, nothing on this market depends on Russia.
But this is real and serious. Do you want to roar with all your might? Putin signed the order... Sit down, otherwise you will fall with laughter
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To "spoil the whole world", this "great strategist" ordered... drum roll !!!!!!
- to ban the sale of oil to the foreign market at less than $140 per barrel, this time
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- prohibit the sale of gas to the external market at a price below $2,000 per 1,000 cubic meters!
Do you understand the depth of idiocy? Nobody buys at 45? AND WE WILL NOT SELL YOU CHEAPER 140 oil!!
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The extremely idiotic order was accepted for execution from 01/15/2023! Take popcorn - you've definitely never seen such a show of idiots!
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The BRICS nations will have the gold standard soon. They know this which is why gold is skyrocketing as central banks are buying gold.
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I am not sure whether the US Dollar will lose it's dominant position in international trade anytime soon. Recently some of the countries such as Russia, China and India have started using their own national currencies instead of the United States Dollar, for bilateral trade. But here is the catch - all of these currencies (RUR, CNY and INR) have gone down against the USD in the last 12 months. So naturally the traders are not going to benefit in case they use these weaker options. The governments also can't force the traders.
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Those. you yourself have already understood that propaganda is a fairy tale, but there is reality. The reality where the US economy has been and remains the strongest, the currencies of Russia, China and India are unstable, and this speaks of such a stable economy. More precisely, they may be "large", but they are highly dependent on the same dollar, Western technologies and the US / EU market. These countries will not be able to sell to themselves, because they need currency, not candy wrappers!
especially:
-China - economic stagnation, a new round of the pandemic, a global economic bubble that is ready to burst. Well, the most important thing against this background is that the United States has imposed a ban on the supply of technologies and high-tech chips to China. Without this, China will again return to the status of a manufacturer of cheap electronic consumer goods for third world countries.
- Russia - in general, the question is - how many years it will still be displayed on the map. Internal processes, or rather centrifugal ones, have already begun ... And the influence from the outside will accelerate them ... This player can generally be "written off"
- India - well, lucky here! The United States allowed India to assemble iPhones
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by transporting all production from China ... But globally, nothing has changed in the Indian economy.
- Brazil - an unstable economy, some obvious events, destabilization - well, a chic union!
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Objectively, India looks like an island of stability among other participants. And these participants, or rather ballast, India DOES NOT NEED! And more importantly, for India, all of the above countries can become raw materials appendages (following Russia), and a market for cheap, low-quality goods that definitely will not go to the US / EU market and other developed countries!