6 ms·

Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

• trasz 4y ago
  This is a fantastically badly timed article, given how the Russian “second army in the world” is literally fleeing in masses as we speak. Which means, Russian gas might soon became unprecedentedly cheap.
  • nostrademons 4y ago
    It might, or Russia might set off a nuke in the next month. That's their doctrine for when they're losing conventionally, after all, and they've certainly threatened it. If that happens gas is going to go sky-high, as we'll probably be immersed in WW3. Hard to predict the future, particularly in times of crisis. I'd expect expectations to ebb and flow like they have since the pandemic started.
    • trasz 4y ago
      A nuke, assuming it works, would probably mean the end of Russia as a nation. It’s highly unprobable.
  • Bakary 4y ago
    The Russian economy was also supposed to collapse months ago based on how the sanctions were portrayed. It makes more sense to not assume too much too soon.
    • trasz 4y ago
      It did collapse Russian economy: https://www.forbes.com/sites/stuartanderson/2022/09/12/bad-russian-economy-provides-lessons-for-us-trade-and-immigration/ https://www.forbes.com/sites/stuartanderson/2022/09/12/bad-r... Just because Russians can tolerate low living standards doesn’t mean they are not affected.