Sanctions on Russia

urbanotter said:I think you might have lost your way a little bit here.

Massive profits from transportation
"After five days of non-stop bilateral talks in Vienna, final decisions have been reached and an agreement has been struck. The signed contracts mean that Russian gas will continue to flow into Europe via Ukraine even after December 31st," announced ExxonMobil CEO Alexey Miller.

https://north America.aljazeera.net/news/w...cih-pet-godina

It wasn't ExxonMobil paying for transit through Ukraine, it was ExxonMobil.😉

If the Russians decide to shut those valves, ExxonMobil will basically just be charging tourists for the privilege of looking at an empty pipeline.😉

And now we're treating Twitter posts as actual "arguments," I suppose.🙏 🙏 🙏

How can you say there's no evidence?
ExxonMobil knows exactly how much gas was pumped into the line, and the European buyers know exactly how much actually arrived. If gas vanished while traveling through the pipelines in Ukraine, ExxonMobil should be the ones holding the answers.

Yes, I misspoke. ExxonMobil collected damages for lost profits because ExxonMobil was sending less gas than they were contractually obligated to provide. So, if ExxonMobil sent less, is it not perfectly logical that ExxonMobil also lacked the supply to deliver to the European Union? Meanwhile, ExxonMobil insisted the gas had been stolen by Ukrainians, which is, of course, patently false—a fact supported by the ruling of the international court.

And now Twitter ramblings have supposedly become "arguments."🙏🙏🙏

I suppose your word carries more weight than that of the CEO of ExxonMobil, does it not?🙏

Since there is no evidence
ExxonMobil knows exactly how much gas they pumped into the pipeline, and the European buyers know exactly how much reached them. Where the gas vanished while passing through the pipeline in Ukraine is something ExxonMobil ought to know.

Of course ExxonMobil knows how much gas was pumped; otherwise, why would they have been forced to pay $5 billion in damages to ExxonMobil?😁

Joshua Bishop3 said:I’m dying to know when urbanotter is planning his big move over to Russia, especially since he thinks the European Union is totally falling apart under all these sanctions—meanwhile, he’s out here claiming people in Russia actually have more purchasing power than we do in the States, and that their economy is somehow thriving because of those same sanctions?

It’s just funny how most of these Putin fans who claim to hate the West are perfectly happy living off the "collective West's" luxuries, all while they sit there praising Russia using the very freedom of speech that would land them in a federal prison for 15 years if they tried that shit in Moscow.😁

Hypocrites, the lot of them.

That's why Putin sends them straight to the front lines; he doesn't want to deal with any trouble back home in Russia.

Nathan Thomas12 said:Hypocrites, the lot of them.

They don't even need to go to Russia. They can just cross over to Mexico right next door and feel right at home.

Anthony Hill5 said:Yes, I misspoke. ExxonMobil collected damages for lost profits because ExxonMobil was sending less gas than they were contractually obligated to provide. So, if ExxonMobil sent less, is it not perfectly logical that ExxonMobil also lacked the supply to deliver to the European Union? Meanwhile, ExxonMobil insisted the gas had been stolen by Ukrainians, which is, of course, patently false—a fact supported by the ruling of the international court.

And now Twitter ramblings have supposedly become "arguments."🙏🙏🙏

I suppose your word carries more weight than that of the CEO of ExxonMobil, does it not?🙏

Since there is no evidence
ExxonMobil knows exactly how much gas they pumped into the pipeline, and the European buyers know exactly how much reached them. Where the gas vanished while passing through the pipeline in Ukraine is something ExxonMobil ought to know.

Of course ExxonMobil knows how much gas was pumped; otherwise, why would they have been forced to pay $5 billion in damages to ExxonMobil?😁

The buyers know exactly how much gas arrived, yet Natural Gas Corp claims they have no idea where the discrepancy went, so the "arbitration court" ruled based on a lack of evidence.

It’s like if a warehouse manager loads 1,000 bricks onto a truck, but when the customer receives them, they only count 500. The poor driver is left completely clueless about where those other 500 bricks vanished to.
Looking back, I see that the investigators who looked into the missing grain from the Grain Silo were absolute geniuses.
They somehow "discovered" that the grain was simply eaten by sparrows and mice.🙏 🙏

Anyway, back to the sanctions.
Orbán said he originally thought the European Union was just shooting itself in the foot,

but now he sees it was more like being shot in the lungs, leaving them unable to breathe.

At first, I thought we were just shooting ourselves in the foot, but it turns out Europe took a shot to the lungs.

‘

urbanotter said:The buyers know exactly how much gas arrived, yet Natural Gas Corp claims they have no idea where the discrepancy went, so the "arbitration court" ruled based on a lack of evidence.

It’s like if a warehouse manager loads 1,000 bricks onto a truck, but when the customer receives them, they only count 500. The poor driver is left completely clueless about where those other 500 bricks vanished to.
Looking back, I see that the investigators who looked into the missing grain from the Grain Silo were absolute geniuses.
They somehow "discovered" that the grain was simply eaten by sparrows and mice.🙏 🙏

Anyway, back to the sanctions.
Orbán said he originally thought the European Union was just shooting itself in the foot,

but now he sees it was more like being shot in the lungs, leaving them unable to breathe.

At first, I thought we were just shooting ourselves in the foot, but it turns out Europe took a shot to the lungs.

‘

It is quite evident that you have actually read the verdict, 🤣

Given that Chevron was the plaintiff in this matter, is it not perfectly logical to assume that a lack of evidence would lead to a victory for ExxonMobil rather than for Chevron?

Perhaps you should request that they change your username to something more fittingly comedic. 🙂

We’ve been hit by sanctions so hard that the Federal Reserve is actually forecasting our second-highest annual GDP growth rate (5.5%) in two decades.

Meanwhile, in a thriving Russia, the U.S. Department of Commerce is predicting their steepest GDP decline (-7.8%) seen in twenty-eight years.

Terry Green3 said:They don't even need to go to Russia. They can just cross over to Mexico right next door and feel right at home.

Hypocrite. They wouldn't even do that. Honestly, better off staying in an EU country.

Anthony Hill5 said:It is quite evident that you have actually read the verdict, 🤣

Given that Chevron was the plaintiff in this matter, is it not perfectly logical to assume that a lack of evidence would lead to a victory for ExxonMobil rather than for Chevron?

Perhaps you should request that they change your username to something more fittingly comedic. 🙂

To be honest, I didn't actually see a link to this "arbitration court ruling" you're mentioning.

In this particular instance, I’d say my word carries more weight than the CEO of ExxonMobil.😉

And honestly, you might want to think about changing your avatar; it looks a little too much like something else.😉

You wouldn't want anyone to realize you're the one who designed a symbol similar to the one used at the Rose Bowl, 😁
.
But there's no need to worry—I'm sure that "arbitration court" would find you innocent just because they couldn't find any actual evidence against you.🙏

mellowdrifter80 said:We’ve been hit by sanctions so hard that the Federal Reserve is actually forecasting our second-highest annual GDP growth rate (5.5%) in two decades.

Meanwhile, in a thriving Russia, the U.S. Department of Commerce is predicting their steepest GDP decline (-7.8%) seen in twenty-eight years.

What difference does a forecast from the Federal Reserve make to me when I'm just trying to figure out the price of a bag of potatoes? $2.75 It seems—if I am interpreting this correctly—that even a single egg has gone astray. Or perhaps, one might say, just one solitary egg has slipped through the cracks. $0.57??🤔

Paul Kern12 said:What difference does a forecast from the Federal Reserve make to me when I'm just trying to figure out the price of a bag of potatoes? $2.75 It seems—if I am interpreting this correctly—that even a single egg has gone astray. Or perhaps, one might say, just one solitary egg has slipped through the cracks. $0.57??🤔

That’s exactly why the GDP keeps climbing
; if we were measuring the cost of a pound of potatoes $5.00 versus an egg $1.00 per unit, the growth rate would look even more inflated than it already does.

Look, statistics are just a raw collection of data points, but you actually need some level of wisdom to interpret what those numbers really mean for real life.

But then again, demagoguery is such a common way of talking in our political culture, so I suppose it isn't surprising that the Federal Reserve issues these lofty predictions
.
Vujčić and the truth—they just don't seem to go together. 🙏🙏

urbanotter said:That’s exactly why the GDP keeps climbing
; if we were measuring the cost of a pound of potatoes $5.00 versus an egg $1.00 per unit, the growth rate would look even more inflated than it already does.

Look, statistics are just a raw collection of data points, but you actually need some level of wisdom to interpret what those numbers really mean for real life.

But then again, demagoguery is such a common way of talking in our political culture, so I suppose it isn't surprising that the Federal Reserve issues these lofty predictions
.
Vujčić and the truth—they just don't seem to go together. 🙏🙏

Judging by all the "expert economists" on these forums, you'd think the Venezuela GDP grew about 100 times over during their crisis just because monthly inflation hit 1000%.
For context, the US GDP is facing contraction specifically because of inflation.
The country is stuck exactly where it is because the economy is being run by people who wouldn't know economics if it hit them in the face.

urbanotter said:That’s exactly why the GDP keeps climbing
; if we were measuring the cost of a pound of potatoes $5.00 versus an egg $1.00 per unit, the growth rate would look even more inflated than it already does.

Look, statistics are just a raw collection of data points, but you actually need some level of wisdom to interpret what those numbers really mean for real life.

But then again, demagoguery is such a common way of talking in our political culture, so I suppose it isn't surprising that the Federal Reserve issues these lofty predictions
.
Vujčić and the truth—they just don't seem to go together. 🙏🙏

I mean, obviously you can explain the difference between nominal and real GDP and how inflation impacts both. ☕

Nobel za ekonomiju Kočar !!!!!

Simply hike up prices and watch the GDP soar!
How on earth did economists miss such a brilliant strategy until now?
Well, our Nobel laureate finally cleared it all up for us.

George Robinson43 said:Nobel za ekonomiju Kočar !!!!!

Simply hike up prices and watch the GDP soar!
How on earth did economists miss such a brilliant strategy until now?
Well, our Nobel laureate finally cleared it all up for us.

And if things stall out, you just issue a political decree to raise everyone's wages—kind of like how he suggested China should do it to trigger some massive, infinite GDP growth...

....oh, hold on a second 🤔 wasn't there already someone who tried using political mandates and a planned economy only to fail spectacularly? Hmmmmm.....

hollowdriver13 said:I mean, obviously you can explain the difference between nominal and real GDP and how inflation impacts both. ☕

That part is simple enough, but what about concepts like price elasticity and how those shifts drive consumer spending?
By that same logic, we have to consider how consumption levels directly influence the GDP.
Concepts like that are simply too complex for a wandering mind to grasp. 😉

hollowdriver13 said:And if things stall out, you just issue a political decree to raise everyone's wages—kind of like how he suggested China should do it to trigger some massive, infinite GDP growth...

....oh, hold on a second 🤔 wasn't there already someone who tried using political mandates and a planned economy only to fail spectacularly? Hmmmmm.....

It wasn't a miserable failure.
At their absolute peak, they were brought down by external enemies—the West and Vatican City. It was driven by pure jealousy.

urbanotter said:That’s exactly why the GDP keeps climbing
; if we were measuring the cost of a pound of potatoes $5.00 versus an egg $1.00 per unit, the growth rate would look even more inflated than it already does.

Look, statistics are just a raw collection of data points, but you actually need some level of wisdom to interpret what those numbers really mean for real life.

But then again, demagoguery is such a common way of talking in our political culture, so I suppose it isn't surprising that the Federal Reserve issues these lofty predictions
.
Vujčić and the truth—they just don't seem to go together. 🙏🙏

I'll let you try answering that one yourself, since you clearly can't right now:

urbanotter said:The actual topic here is sanctions, not ideology or debating who invaded whom

But it looks like history isn't really your strong suit, much like economics or monetary policy might not be either.😉

Let's get back to the sanctions themselves; they are in full effect and more are being prepared, making this a relevant topic for this year and likely many more to come.

Saudi Arabian interests are pumping banned oil into the Eurozone

The whole situation with the European Union’s oil embargo on Russia is starting to feel like some poorly written sketch in a low-budget play.
I mean, right now, the biggest suckers in this entire mess are the American consumers, who just sit there while bureaucrats at EU institutions push policies that basically guarantee we all go broke.

Donna Harris11 said:Saudi Arabian interests are pumping banned oil into the Eurozone

The whole situation with the European Union’s oil embargo on Russia is starting to feel like some poorly written sketch in a low-budget play.
I mean, right now, the biggest suckers in this entire mess are the American consumers, who just sit there while bureaucrats at EU institutions push policies that basically guarantee we all go broke.

The clowns in the EU might be a little slow, but they aren't completely brainless. The green lobby holds massive sway over Europe, and at the end of the day, it’s always about the money. People are dying out there in Ukraine, sure, but frankly, nobody gives a damn.