Sanctions on Russia
in War in Ukraine ·
dustyowl29 said:Look, it all boils down to the fact that the West is trying to break its addiction to fossil fuels—which means demand is eventually going to tank. Plus, the Chinese have mountains of EVs hitting the streets, and that number is only going up. Unless we stumble into World War III in the next decade or so, half the population in developed nations—our biggest customers, mind you—will be driving electric.
So, yeah—Middle Eastern producers and other oil giants want to squeeze out every cent while they still have something to sell.
On the flip side, natural gas is being rebranded as this "eco-friendly" fuel, so it’s not going anywhere anytime soon—not from our homes, and certainly not from heavy industry.
Russia isn't self-sufficient, neither is America, and neither is Europe.
It really just comes down to how much "self-sufficiency" you can actually stomach.
Someone in the West who’s used to high-tech gadgets and a massive paycheck is going to have a hard time accepting a lifestyle where they're eating bread and potatoes and keeping the thermostat at a breezy 68 degrees instead of 73...
Then you've got other countries with much poorer populations—including Russia—where people are already used to making do with nothing. If there's a burger on the table, they'll take it over whatever else Russia might be exporting.
The wealthy will just get wealthier, while the poor get even poorer.
In that sense, a struggling society adapts to scarcity way easier than some spoiled person who had everything handed to them.
Even now, the local bakery near my place has cut down from 17 different types of bread to just seven.
So, the "poor" Russians and their potato obsession are gone, leaving them hungry for bread, or this, or that, and so on.
Just look at how self-sufficient they actually are when it comes to food.
https://www.statista.com/statistics/...e-by-category/
