Not sure what "truly erupt" means. EU and /or US military options are not
Credible nor will they succeed in expelling Russia if thats what vlad wants.
Sanctions?
If we subtract Russian energy from the mix of global energy supplies, global oil & gas prices will quickly spike to levels that might just collapse the entire global economy, & USD-centric debt markets & financial system
Ask yourself, where do palladium, nickel, natural gas, oil, uranium, grain, fertilizer and a bunch of other goods we depend upon come from??
Oh, and we import 12-26M barrels of crude and petroleum product fromRussia per month. About 1 days worth of consumption here in usa. The EU OTOH, they need Russias energy products more than a little bit. Think sanctions will have an effect on inflation?
None of this is good. Rig for heavy weather.
[Post edited by ColoVT82 at 02/23/2022 08:33AM]
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In response to this post by bourbonstreet)
Posted: 02/23/2022 at 08:01AM