General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
TLDR News EU
comments
Comments by "" (@thomasherrin6798) on "The G7 Price Cap is Working Surprisingly Well" video.
It also works as Russia is producing at full capacity and selling to India and China, and Europe is buying the slack from the energy market that India and China might have been forced to buy had Russia reduced capacity, therefore it can be assumed that Russia cannot afford to cut capacity, but that doesn't mean at some point in the future that they might not, they did start a destructive war after all, however by 2030-2035 Europe will be majorly powered by renewables and Russia's most profitable market will be lost forever!?!
55
@hovera7946 Good for China, but I doubt it, if they wanted to defeat Ukraine's "NATO" force why not supply Russia with weapons, perhaps because it biggest export market is U.S. and Europe and China knows what would come next. Russia's energy market supports the whole economy, and a reduction in Energy is a reduction to the whole economy, it's not just a slight inconvenience, it's a major problem which they cannot sustain in the long run, unless China wants to bail them out with trillions of Dollars or even more Trillions of Yuan in support, the choice is "yours"!?!
2
@thomas316 I don't think that most of us are "that" interested, although it is a extremely full explanation for the minority who might be interested, I'll just settle for the trope that Brent Crude is the International benchmark price for whatever reason, but in my case because I live in the U.K. and we don't appear to have enough of it extractable at an economic price.....Just yet!?!
1
....and blaming the West, so they can pretend to be besties!?!
1