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The oil price war
#5
Magda Hassan Wrote:From what I am reading the Rouble is in a far better state that the US dollar. It is backed by gold for one. Sanctions are causing some limited difficulties in Russia but no collapse at all. On the other hand the lower oil prices are screwing Norway and the UK now and soon the dear friends of the US the Saudi's and most of Gulf monarchies/dictators. Talk about an own goal. With any luck the BRICS will outlive all this and grow strong by sticking together. Sanctions never broke Cuba either.

The things is about these greedy pricks - oligarchs as Engdahl calls them - is that they're wrecking the economies of other people friend and foe - and no matter what happens, they will personally survive very comfortably with their billions stashed away all over the world, thank you very much.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14
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Messages In This Thread
The oil price war - by David Guyatt - 11-11-2014, 11:31 AM
The oil price war - by David Guyatt - 23-12-2014, 10:05 AM
The oil price war - by David Guyatt - 23-12-2014, 10:16 AM
The oil price war - by Magda Hassan - 23-12-2014, 01:17 PM
The oil price war - by David Guyatt - 23-12-2014, 03:18 PM

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