Posted on 10/01/2022 11:30:49 AM PDT by BeauBo
That is a concern, however two can play at that game.
A Russian oil tanker is blown up at sea, so an American LNG Tanker blows up, ... in a Western European LNG Terminal, (there are 12).
Also, Maritime Insurance generally excludes Acts of War, so New Insurers won't have a problem with issuing policies.
We may see who's Bluffing, if anyone.
“Russia is running a larger surplus to it Treasury than last year”
Was.
Wow, just quoting Putin.
Mindless.
Soulless.
Doomed.
It won’t be ok, but it will not be dire.
Most countries except Germany and Bulgaria are off Russian gas. Germany will have a hit to its industry but not to warming its people.
Germany should have listened to trump and cut off Russian gas years ago.
The rouble is not the “top performing currency “ for the simple reason that it is practically not bring traded at all.
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