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Topic: The Ukraine Topic

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GopherRock

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Re: The Ukraine Topic
« Reply #840 on: March 08, 2022, 10:42:40 AM »
No doubt that a full-blown recession is certainly not out of the cards. The last time a lot of major economic indicators (housing prices, rents, oil prices, wheat prices, commodities, inflation) were this high was the summer of 2008, and we all know what happened that fall.

Building suburbia for the last 75 years means that Americans can't reduce VMTs much even if they wanted to. This admin should be pushing WFH WFH WFH WFH WFH, not get yer ass back to the office.

I've seen much hot air expelled about how the Beeb and RFE/VOA are back on the shortwave. My question: does anyone in Russia still own shortwave radios? It's easy to turn it back on, but damn hard to actually get that info through the new Iron Curtain.
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utee94

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Re: The Ukraine Topic
« Reply #841 on: March 08, 2022, 10:43:13 AM »
Quote from: Mdot21 on March 08, 2022, 10:39:52 AM
Yeah, well no shit.

But to pretend the two things are not similar and related and to not point out the rampant hypocrisy is comical.
Take it to Area 51 if you really feel the need to bloviate about it.
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utee94

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Re: The Ukraine Topic
« Reply #842 on: March 08, 2022, 10:45:28 AM »
Quote from: Cincydawg on March 08, 2022, 10:41:45 AM
Russian oil imports were going to near zero without anything else happening.  It's a nonissue, political optics.


True, but that's largely because of already-existing sanctions so I consider them to be tightly related.  And I'm okay with it.  The outward signaling and the internal actions are now aligned.  

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Temp430

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Re: The Ukraine Topic
« Reply #843 on: March 08, 2022, 10:52:48 AM »
The Russian Deputy PM said that Russia may cut of natural gas to Europe if an oil ban happens.  Not sure if this US only ban qualifies but if it does there will be hell to pay.


https://www.bbc.com/news/business-60656673
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longhorn320

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Re: The Ukraine Topic
« Reply #844 on: March 08, 2022, 10:54:23 AM »
and here is where I say this administration needs to increase production up to previous levels to offset the lack of Russian oil

Now CD will say the President doesnt control oil production to which I reply sure he does.  There are many things he could do to increase oil production but has chosen not to

now utee will post a message to stay on the subject of the Ukraine invasion and Mdot will respond its all tied together
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Mdot21

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Re: The Ukraine Topic
« Reply #845 on: March 08, 2022, 10:57:46 AM »
Quote from: GopherRock on March 08, 2022, 10:42:40 AM
No doubt that a full-blown recession is certainly not out of the cards. The last time a lot of major economic indicators (housing prices, rents, oil prices, wheat prices, commodities, inflation) were this high was the summer of 2008, and we all know what happened that fall.
there could be a full-blown recession for sure, but housing prices were being artificially inflated back then because they were pumping out garbage loans, not verifying income or assets, basically anyone could get a loan and they were gaming the system.  that hasn't been the driver of increasing home prices right now. housing prices at least in SoFL right now are going nuts because there's incredible surging demand (from people moving here) and literally no inventory. people can't get NINJA or NINA loans anymore.

the housing market imploding which triggered a massive chain reaction of credit default swaps tied to CDO's that insurers and investment banks couldn't cover is what triggered that last catastrophe.

We definitely could be heading to a full blown crash but I don't think it'll be because of housing prices or rent prices - those won't be the indicators imo.
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utee94

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Re: The Ukraine Topic
« Reply #846 on: March 08, 2022, 10:58:04 AM »
Quote from: longhorn320 on March 08, 2022, 10:54:23 AM
and here is where I say this administration needs to increase production up to previous levels to offset the lack of Russian oil

Now CD will say the President doesnt control oil production to which I reply sure he does.  There are many things he could do to increase oil production but has chosen not to

now utee will post a message to stay on the subject of the Ukraine invasion and Mdot will respond its all tied together
You knew it was off topic when you posted it.  Take it to the News thread or Area 51.
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Mdot21

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Re: The Ukraine Topic
« Reply #847 on: March 08, 2022, 10:58:22 AM »
Quote from: longhorn320 on March 08, 2022, 10:54:23 AM
and here is where I say this administration needs to increase production up to previous levels to offset the lack of Russian oil

Now CD will say the President doesnt control oil production to which I reply sure he does.  There are many things he could do to increase oil production but has chosen not to

now utee will post a message to stay on the subject of the Ukraine invasion and Mdot will respond its all tied together
:043:
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utee94

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Re: The Ukraine Topic
« Reply #848 on: March 08, 2022, 10:59:05 AM »
The recession topic is interesting and I won't delete those posts, but if you want to continue discussing please take it to another thread.

(In other words, I'm deleting future posts on that topic)
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Mdot21

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Re: The Ukraine Topic
« Reply #849 on: March 08, 2022, 11:01:15 AM »
Quote from: Temp430 on March 08, 2022, 10:52:48 AM
The Russian Deputy PM said that Russia may cut of natural gas to Europe if an oil ban happens.  Not sure if this US only ban qualifies but if it does there will be hell to pay.


https://www.bbc.com/news/business-60656673
just reading that article is scary. $300 a barrel oil would be a catastrophe. holy f**k. 
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longhorn320

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Re: The Ukraine Topic
« Reply #850 on: March 08, 2022, 11:07:09 AM »
Quote from: utee94 on March 08, 2022, 10:58:04 AM
You knew it was off topic when you posted it.  Take it to the News thread or Area 51.
I dont agree that our oil production is not tied to the subject of Ukraine and the invasion

Putin is counting on Russian oil being too important to be cut off from

It looks like we tried everything we knew to avoid cutting it off which included begging other countries for more oil but was to no avail. He has finally given in to bipartisan pressure and agreed cut off Russian oil with our gas price fast approaching rising to infinity.

These are just facts with no opinion injected
« Last Edit: March 08, 2022, 11:13:03 AM by longhorn320 »
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longhorn320

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Re: The Ukraine Topic
« Reply #851 on: March 08, 2022, 11:10:13 AM »
Im really glad this is happening so everybody sees just what a prick Putin really is

One day this will be over but the aftertaste of Putins strongarm tactics with energy will bite him in the ass

No other country will ever again depend on Russia oil or natural gas
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utee94

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Re: The Ukraine Topic
« Reply #852 on: March 08, 2022, 11:11:53 AM »
Quote from: longhorn320 on March 08, 2022, 11:07:09 AM
I dont agree that our oil production is not tied to the subject of Ukraine and the invasion

Putin is counting on Russian oil being too important to be cut off from

It looks like we tried everything we knew to avoid cutting it off which included begging other countries for more oil but was to no avail. He has finally given in to bipartisan pressure and agreed cut off Russian oil with our gas price fast approaching rising infinity.

These are just facts with no opinion injected
We're cutting oil imports from Russia.  As CD points out, that was actually already happening as a natural reaction to the sanctions and the unstable condition of the current geopolitical situation.  But I'm fine with making an overt announcement to the effect, because I think the signaling is a strong portion of the overall tactic.  Some other people are not fine with it and don't consider it logical or necessary with respect to Putin's invasion of Ukraine, and I'm AOK with people voicing their opinions in that direction as well.

And yes, of course the US will need to make up that oil production somehow.  And if the HOW or WHERE is something you wish to discuss, do it elsewhere. 

This is easy stuff and I'm not sure why some of you start acting like monkeys flinging feces at the wall every time you anticipate a partisan discussion in the making.  It's easy to understand where such a discussion is going to lead, and it has nothing to do with this thread, so take it somewhere else.

Thank You For Your Support
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utee94

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Re: The Ukraine Topic
« Reply #853 on: March 08, 2022, 11:16:46 AM »
Quote from: longhorn320 on March 08, 2022, 11:10:13 AM
Im really glad this is happening so everybody sees just what a prick Putin really is

One day this will be over but the aftertaste of Putins strongarm tactics with energy will bite him in the ass

No other country will ever again depend on Russia oil or natural gas

I think the world could learn a lot of important lessons as a result of dickface Putin's murder of a neighboring country.

Perhaps we'll actually pay attention this time.  I'm hopeful for that.
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