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2014-11-21 Caucasus/Russia/Central Asia
Russia can survive an oil price war
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Posted by badanov 2014-11-21 00:00|| || Front Page|| [3 views ]  Top

#1 Well, they've survived Mongols, Tzars, Communists, Nazis...
Posted by g(r)omgoru 2014-11-21 03:19||   2014-11-21 03:19|| Front Page Top

#2 Russia recently purchased 120 tons of gold. I would at least give them credit for planning.
Posted by Airandee 2014-11-21 06:46||   2014-11-21 06:46|| Front Page Top

#3 This isn't a permanent situation anyway. The Russian position appears to be, to stall till spring, while simultaneously dangling carrots, spreading bribes, and looking for openings. Tactically, they're not currently in a position to lose; The question is, how big is the win?
Posted by ed in texas 2014-11-21 07:43||   2014-11-21 07:43|| Front Page Top

#4 Of course they can ride it out. Question is for how long?
Posted by Iblis 2014-11-21 10:14||   2014-11-21 10:14|| Front Page Top

#5 Question is for how long?

How long is long enough?
Posted by g(r)omgoru 2014-11-21 10:33||   2014-11-21 10:33|| Front Page Top

#6 The Russian people are inured to s#!t sandwiches. Russia can survive an oil price war in the sense that a cockroach can survive a nuclear blast. They'll still be cockroaches.
Posted by Nimble Spemble 2014-11-21 11:21||   2014-11-21 11:21|| Front Page Top

#7 East and Orient, or West and Occident. The issue was finally decided in favor of the former when in the 19th Century the Russian Slavophiles and the oriental despots dominated the emerging liberal Russian Westernizers. Lost was the chance for Russia to be included among the European nations.

For a short time following the fall of the Communists Russia had a chance to join the Western community of nations. And true to custom, it has failed to do so.
Posted by Bertie Shomble6918 2014-11-21 12:21||   2014-11-21 12:21|| Front Page Top

#8 "Lost was the chance for Russia to be included among the European nations."

You say that like it was a bad thing.
Posted by Mullah Richard 2014-11-21 13:26||   2014-11-21 13:26|| Front Page Top

#9 For a short time following the fall of the Communists Russia had a chance to join the Western community of nations. And true to custom, it has failed to do so.

You saying like it was a bad thing---not joining a bunch of psychotic degenerates with their lips stuck to Muzzi asses.
Posted by g(r)omgoru 2014-11-21 13:28||   2014-11-21 13:28|| Front Page Top

#10 How long is long enough?

Long enough to force Russia to make some changes.
Posted by Iblis 2014-11-21 15:50||   2014-11-21 15:50|| Front Page Top

#11 You mean replace Puti with somebody like Obama?
Posted by g(r)omgoru 2014-11-21 15:53||   2014-11-21 15:53|| Front Page Top

#12 You can't eat or drink oil. All it's going to take is two bad crop years in a row, and Russia goes hungry. They'll either end up spending their oil money on food, or their population decreases even faster. A "little Ice Age" -- a total possibility -- would devastate Russia for a hundred years or more, no matter how much oil and gas they have. Food is more important.

If I were the managers of Monsanto, I'd be working night and day on a low-temperature, low-moisture crop that could produce food at temps as low as 40F. We may very well need it, not only for us, but for the rest of the world. It's that, or another major war.
Posted by Old Patriot 2014-11-21 16:54||   2014-11-21 16:54|| Front Page Top

#13 A lower oil price will no doubt take some of the sass off them.
Posted by Jomong Gray3113 2014-11-21 18:51||   2014-11-21 18:51|| Front Page Top

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