EU’s oil ban: if market friction is low, so is the pain for Russia

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EU’s oil ban: if market friction is low, so is the pain for Russia | opinion

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Europe's self-destruction. Orchestrated by the Marxist EU elite. With the single purpose of trying to stay in power, destroy the middle class wealth and instill totalitarian control. For the economic consequences see:

Oil prices will go down.

There will always be a buyer of Russian natural resources. The only people this hurts in the EU. Production will drop, debt increase due to higher energy prices, mass inflation, energy black outs, social unrest. Meanwhile Russia will be able to sell to Africa India and china

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Oil prices hit two-month high as EU eyes Russian ban – business liveLive rolling coverage of business, economics and financial markets as Europe pushes for embargo ahead of summit
Источник: Guardian news - 🏆 28. / 68 Прочитайте больше »