Quote:
Originally Posted by nik-
Them turning off the energy tabs pretty much exponentially increases the economic impact. They may do it for a bit, out of spite and stubbornness, but the fact remains that that is legitimately the only way they make real money. They can't just stop selling their only commodity.
And no, Canada would not be a third world country. Oil products are about 17% of our exports, and there's a lot more to being third world than just money. Like quality of life, political freedoms, freedom of speech.
Crimea is gone for sure, there's no doubt, probably eastern Ukraine too, it can't just be accepted or he takes more.
As for it being Russia before, again it doesn't matter. The world is full of places that historically belonged to someone else. Other countries get over it. Russia goes moronic.
|
I'm willing to bet that the Chinese, Japanese and Indians would be more than willing to fill the customer void left by Europe.
And you're right, Russia would be willing to shoot itself in the foot in order to extract pain and suffering from Europe which is the problem! They do not care. So you're going to risk the world going into recession AGAIN after we just crawled out of one over a little island in the Black Sea that half of the people in the world don't know or care about? Putin knows this and knows what's at stake. That's why he won this round. Funny how the US and Canada are all over sanctions while Europe remains fairly quiet. They know what's at stake.