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Comments by "peabase" (@peabase) on "How Russia sidesteps the EU oil embargo with aging tankers | DW Business" video.
@ehisgeorge414 Yeah, Russia's celebrated hypersonic missile has turned out to be a game changer in the war in Ukraine, unlike the HIMARS, M777, PzH 2000, Javelin and NLAW. Or was it the other way around?
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That's simply untrue. Russia is losing customers and revenue. New ones can't make up for the customers it has lost. The inconvenience that the EU is experiencing is temporary, while Russia's economic malaise is permanent.
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@tomzamp8547 Keep telling yourself that, but the economic indicators don't lie. Now more than ever, Russia is an economic basket case.
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@tomzamp8547 "17 Nov 2022 — Nine months after Russia invaded Ukraine, its economy has entered a recession, according to government statistics released this week. The nation's output has shrunk for two consecutive quarters, according to Rosstat, the government statistical agency." CBS News Moneywatch
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@tomzamp8547 You missed the Rosstat bit. You need to work on your reading comp.
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Asia already buys Siberian crude at a discounted rate. This simply brings Europe on par with Asia. Asian economies lose their temporary competitive advantage, which is hard to construe as a good thing.
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