XJO - Bear Posts only (Factors which might cause the markets to fall), page-6019

https://www.businessgreen.com/news/...l-fuel-bonanza-russia-wartime-income-revealed
"Putin's €93bn Fossil Fuel Bonanza: Russia's wartime income revealed by new data"

"Not sure where @baron got his data to reach that conclusion?"

Because I have a memory longer than the few weeks most traders have. Also it was everywhere CNBC, Bloomberg etc etc I surprised you missed it? The fact they cut Europe off which was smart since it is why we heading into a recession now was only done after they raked in a bonanza. So as I said they fine but also check who is now buying their oil?

"All of the above will be nothing compared to the effects "the mobilization" will have on the economy"

Actually the issue here would be if they a Western Country, like China how many state owned businesses are there? I know the war factories that keep pumping out weapons are. Why the US and Europe as stated a few weeks ago are simply running out and need years to replenish critical missile supplies. Think that above is called basic Western propaganda.

"Finally there is a myth that China is coming to the aid of Russia. China is never going to sacrifice 1/2 trillion in trade with the US for the 70 billion with Russia & risk secondary sanctions."

Actually you couldn't be more wrong. I have to say would you all stop applying Western values to either Russia or China. What we would do, is not what they will. I guess you missed the "alliance they signed" or Xi continually supporting Putin at every juncture? The rest is just politics say one thing do another.

As to the trade with the US two things. Firstly, you missed Biden's "sanctions" on Chinese companies trading in the US? Secondly did you miss the basic embargo on vital chips to damage their economic development. Something once opened they will respond on. So are you sure with the US hell bent on "damaging" them your statement is correct?

Unlike the West who are lucky to think as far ahead as tomorrows breakfast the Chinese are very long term thinkers. So to answer your question yes they would in a second jeopardize it if they came out on top. For them 10 or 20 years is nothing if it gets them to their end game. And remember for us the endgame is money (greed) for them its a means to an end.

In fact wasn't Biden recently running around some so called "undesirable countries" with human rights abuse records who are currently sanctioned by the US begging for oil and offering new deals? Note he got told to shove off and then OPEC cut production. But in the long run that is why we will lose, because we only care about money (greed),

P.S. Read some history and you will find out why they and most of the world dislike the West so much and why many would love to see us gone. BTW no offense, but Western propaganda has had Russia losing the war from week 2 but somehow they **bed 20 - 25 percent of the Ukraine (and they still losing they say).

Again meant no offense at all, just gets frustrating with people applying Western perspective's (not saying you do).