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originally posted by: MrSpad
Russia is not selling oil for Gold. In fact one thing that is helping the Russian oil companies (although nobody else in Russia) is that they are selling oil for dollars and paying expenses in Rubles. While that does nothing for Russia is does make take the sting out things for those oil companies. Kind of ironic.
In April of 1920, Lenin, following orders from the Rockefeller-Rothschild cartel, went into action in Baku. Bolshevik troops and irregulars attacked and conquered the country of Azerbaijan and launched an all-out assault on Baku.
originally posted by: Xtrozero
originally posted by: MrSpad
Russia is not selling oil for Gold. In fact one thing that is helping the Russian oil companies (although nobody else in Russia) is that they are selling oil for dollars and paying expenses in Rubles. While that does nothing for Russia is does make take the sting out things for those oil companies. Kind of ironic.
Russia needs, and I'll say it again NEEDS over $110 a barrel just to stay afloat. Seems the OP doesn't realize that their oil and gas is what pays for the economy and it is kind of hard to save gold when you got bills to pay. Now cut you income in 1/2 or less and see if even the bills get paid either...i.e. 17% interest rates over night...
When Russia hits hyper inflation and 50% interest rates do we say Putin won? That sly devil...hehe
originally posted by: spy66
Low oil prices are far from just a Russian pain in the behind. There is talk about shutting Down some oil Fields in Norway if Things dont change soon. IF we Statoil, BP and Phillips have to shut Down Oil Fields do to the oil price cost. That is going to cause of lot of hurt in the EU sector.
originally posted by: DJMSN
I always thought it was rather smart on the US's behalf to do away with paper money and debt backed by gold reserves. When the default comes it is no longer backed by any assets and simply resets like most bankruptcies and everyone will have to sue and get in line to do so.
They will eventually be paid but with new currency perhaps backed by treasury gold perhaps by oil, who knows perhaps by the same paper they get now, in the end it is in everyone's interest to allow it to happen and reset their own economies at the same time and from the US's perspective all based on a new dollar that is worth more since its backed by treasury gold, creditors would then be paid off with less paper than before.
Don't see WW3 as a result yet, Russia and China still need to harvest some alliances closer to the mainland to carry out a proper war, they need to form closer ties with South American countries and have troops on the ground there, either in joint bases or simply training agreements....look for it.
Don't think for a minute SA didn't have nukes ;-)
originally posted by: Xtrozero
originally posted by: spy66
Low oil prices are far from just a Russian pain in the behind. There is talk about shutting Down some oil Fields in Norway if Things dont change soon. IF we Statoil, BP and Phillips have to shut Down Oil Fields do to the oil price cost. That is going to cause of lot of hurt in the EU sector.
It is funny how just 10 years ago oil was well under $50 a barrel, then Saudi/companies started their manipulation for more profit. For normal inflation of doubling every 20 years, oil should be around $60 to $70, but we have had a hyper inflation of oil prices over the last decade. This gave huge revenues to oil companies and countries, so what you are saying is these companies are bloated to the point they can not operate at what should be normal oil prices.
I guess my answer is, tough, get over it, and slim down to what is profitable once again.
5500 dallers in 1994. Today it is 10500 dallers a moths
originally posted by: kitzik
a reply to: spy66
5500 dallers in 1994. Today it is 10500 dallers a moths
This seems about right increase if you take into account inflation for 20 years.
Well, for starters 5500 $ / month in 1994 is quite a lot if it is a simple rig job.
But I don't see increase from 5500 to 10500 as something exorbitant.
originally posted by: kitzik
a reply to: dieseldyk
But Puitn seems to be really pissing them off, probably he was their protégé, but they loose control of him somehow.
Just watch what Putin saying in Russian
youtu.be...
He is saying openly many things that only on conspiracy sites appears here, like USA is supporting terrorism, that is his words.
Do you think it is a clever game of TPTB ?
originally posted by: kitzik
a reply to: spy66
5500 dallers in 1994. Today it is 10500 dallers a moths
This seems about right increase if you take into account inflation for 20 years.
Well, for starters 5500 $ / month in 1994 is quite a lot if it is a simple rig job.
But I don't see increase from 5500 to 10500 as something exorbitant.
originally posted by: kitzik
a reply to: bobs_uruncle
Don't think for a minute SA didn't have nukes ;-)
Many people suspected that SA had nuclear weapons. The question is where it is now ? Who profited from this. Is it appears even in secret reports of intelligence services. There are many questions with SA undeclared nuclear warheads.
originally posted by: Merinda
China wont side with Russia over America. Friendly relations to America have been VERY good for China.
originally posted by: Xtrozero
originally posted by: Merinda
China wont side with Russia over America. Friendly relations to America have been VERY good for China.
If China helped Russia wipe out America's economics who would be China's #1 consumer? What would 1.6 billion Chinese make after all this...hehe