Comments by "bighand69" (@bighands69) on "Russian Oil Price Cap: Lasting Impacts" video.

  1. None of the OPEC countries are really stable economic engines. That means they will not have he military tools to actually go out into the world and force their will. Saudi Arabia as a military force is based entirely on US technological systems. What many do not understand is in the middle East Saudi Arabia and Israel are going to be a partnership where the Israelis are going to be the senior partner to that. But all goes back to the US. SO while Saudi Arabia can play politics with certain US presidents in the long run they will still be under that umbrella.
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  2.  @thomasherrin6798  The US spends about 3 trillion per year on its welfare state and it has done that so as to lessen the effects of outsourcing from US manufacturing. A good proportion of that manufacturing is going to be returning to those traditional areas of manufacturing in the US which is going to lessen the need for a welfare state. The US military budget is not just about fielding a sizeable military force it is about a force that has far more firepower than anybody else out there. The US will still have a global presence but it will be in context of its own interests which is going to be the similar position the US had before WW2.
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  3. Canada, Mexico and US have their own oil and industry to back it. The problem is that Europe thought it was more important to build welfare states, lecture America about morality and do nothing in the world. Europe is now on a fish hook and may end up on the dinner plate at some point.
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  4. Go and do some research on the start of WW2 and look at US relations with Japan before WW2. That may enlighten you a little. The US did sanctions on Japan because they were expanding in the pacific and Asia major. Japan invaded China and other countries. US then put oil embargoes and trade embargo's on Japan. It was a series of economic moves that lead to Japan striking the US in the middle of WW2.
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  5. It will only take one incident from a maritime point of view for a crisis to just mushroom out of that. One uninsured ship getting seized or assets getting impounded would send shockwaves.
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  6. It is either a political overreaction to crazy acrtivist or it is a real coup d'etat.
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  7.  @Cas8228  What the US needs is more technical workers who have vocational training rather than academic training in a university. There are business that will need high end academic engineers and scientists but most workers will not be that. The sorts of workers the US will need is high school graduates who have work based apprenticeships and technical qualifications to go with that. Those people will be educated in fields like controls systems, power systems, manufacturing computer systems, wiring techniques and so on. The US has a large number of people that can do that sort of work but it takes time to build that which I think the US can manage to do. One year of vocation work based training would produce a skilled worker and after several years that individual would be an expert.
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  8. The russians have built their energy export market around the easy distribution market such as Europe. To try and send that oil to Asian to make up for that loss is going to be 5 times more expensive. Which in turn will drive up the cost of the oil to the consumer which will not be cheaper.
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  9. Sort of but hard to know if it would exactly play out the same.
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  10. OPEC are weak not strong. They do things ont he basis of their own self interests. The world is already in turmoil and OPEC will not now have the ability to create more turmoil. Many of the OPEC countries are now in very unstable conditions and could easily collapse them self.
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  11.  @buybuydandavis  Deep holes are very expensive and not easy to build.
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  12. I assume you are joking.
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  13. The US does not have a singular critical infrastructure it has a series of regional, state and county systems. There is no country on earth that could take the whole of that system out and if they attack one part of the system the US will respond with a big large hammer of some sort.
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  14.  @attilaann2458  That is pure fantasy.
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  15. If there is a global energy crash you will see real environmental damage then through war, coal mining and cheap rough industries pop up all over the world. The economics of the world will mean all out cultural failure and environmental destruction like you have never seen before.
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  16. The US Navy role will change it will not be reduced in capabilities.
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  17. How is OPEC going to change the supply infrastructure coming out of Russia? Can OPEC replace those several million barrels of oil per day at the same price to Europe?
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  18. What makes you think China is going to pay less?
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  19. If they get seized it will mean that nobody can trust that system of oil transport. Prices will shoot up world wide over night. Russia will respond and there will be a series of events economically world wide that will create trouble. You probably do not understand any of this. They are not going to be inspecting for food safety on those ships you can be sure.
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  20.  @joeking5679  You are living in a fantasy if you think aircraft carriers mean nothing. They were the back bone of WW2 in the pacific. They dominated naval battles. If you think a country can just fire a hypersonic missile from nowhere and track a US naval group you are in a fantasy world. None of the countries you are alluding has such hypersonic technology so what exactly are you referring to?
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  21.  @joeking5679  Britain was fighting with the Japanese in the pacific before the Americans got involved. Japan has a lose agreement with Germany hence why everybody understand its global consequences. FDR understood that and was desperate to get the US to make moves but the public mood at that point was not an aid to him politically it took Pearl Harbor for that to occur. FDR made it very clear to Churchill that his hands were tied politically but he understood the peril.
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  22.  @joeking5679  You are in a fantasy world if you think radar would easily track a carrier group.
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  23.  @joeking5679  China cannot even build microchips never mind a missile system that can operate in the pacific and Asia greater naval region. Carrier groups are extremely powerful and densely armed formations that can combat operate over a million square miles of ocean. Just the carrier a lone can combat operate a region of about 1 million square miles of ocean. Hypersonic glide missiles are not going to restrict any of that.
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  24. Not just the cost of the insurance but the actual cost of operating on the seas. Having a fleet of ships is going to be very expensive.
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  25. But where do they send it and then do they have the resources to keep those systems pumping if they are not earning?
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  26. So far the Europeans are saying that it is to stop enriching Russia not to cause their immediate collapse.
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  27. Iran cannot even manage how women dress how are they going to do all of that?
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  28. That is like we have cured you of cancer but here is your new HIV condition.
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  29.  @SianaGearz  You are living in a fantasy.
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  30.  @VertigoX26  You think Saudi Arabia can defend itself with Russian weapons? You are living in a fantasy world. All the west would need to do to cause the complete collapse of OPEC is to park a few carriers in the mediterranean and off the persian gulf choke points. That would simultaneous cause the collapse of both OPEC, China and India. Clearly the West is not going to do that and OPEC is not stupid enough to cut Europe off. OPEC is free to do what it pleases as long as it is in the margins and the edge of the west. They can cause economic fuel crisis's and things like that but that is it. Embargo Europe and they will find French and British Navies are extremely formidable.
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  31. That electric car has more problems to deal with. The UK, US, Canada, Australia, France, Spain, Italy, Greece, Turkey, Japan and so on will all have access to oil for petrol/gasoline.
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  32. I always wonder what happened there.
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  33.  @imapimplykindapimp  That automation will be in the hands of people. There is too many people out there believing that the automation is completely autonomous. Automation that the US employs will be a force multiplier that enables existing workers to output 100 fold current levels. Even with that there will be a shortage in the world of products.
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  34. Once Russia or China takes on that insurance those tankers will be fair game.
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