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OPEC cut down on production... Winter vache mundu countries anni kalisayi


Spartan
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Long term blackmail strategy to weaken Europe and US anukuntunna..

Europe temporariy found safe house with OPEC and US shipping additional oil.

kaani production cut ante US itself cannot force Europe to cut down on Russian imports

cycle loop lo vesaru...china odemo Lithium production export apestadu to slow down EV adoption.

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2% production cuts followed by an average increase in demand by ~10% during winter months….Rich countries may escape by using their money power to secure energy/oil but poor and middle income countries will be fcuked up big time. 

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5 minutes ago, veerigadu said:

GDP nakipothadhiii inkaaaa.
Recession ki rangammmm siddhammmm. 

Attanakannnaa. Porragalllu, baatta pottaaaa vuncles houses emaipovali. Kitty partttyyy lluuu aaggipooothaaay

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8 minutes ago, Android_Halwa said:

2% production cuts followed by an average increase in demand by ~10% during winter months….Rich countries may escape by using their money power to secure energy/oil but poor and middle income countries will be fcuked up big time. 

Vunnodu bangaru kancham la tintadu lenodu aakula tintadu 

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26 minutes ago, Spartan said:

Long term blackmail strategy to weaken Europe and US anukuntunna..

Europe temporariy found safe house with OPEC and US shipping additional oil.

kaani production cut ante US itself cannot force Europe to cut down on Russian imports

cycle loop lo vesaru...china odemo Lithium production export apestadu to slow down EV adoption.

Venezula saltless kki ready anntttunnnaa omerica

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19 minutes ago, veerigadu said:

GDP nakipothadhiii inkaaaa.
Recession ki rangammmm siddhammmm. 

ah range lo peruguthaya 

 

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10 minutes ago, futureofandhra said:

ah range lo peruguthaya 

 

Gas prices effect shipping and transportation costs of goods and consumables. It will have a domino effect on other sectors 

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1 hour ago, Spartan said:

Long term blackmail strategy to weaken Europe and US anukuntunna..

Europe temporariy found safe house with OPEC and US shipping additional oil.

kaani production cut ante US itself cannot force Europe to cut down on Russian imports

cycle loop lo vesaru...china odemo Lithium production export apestadu to slow down EV adoption.

Opec endhi

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4 minutes ago, bharathicement said:

Not sure about USA but its the exact situation for UK and EU. Sanka naaki poothaam ikkada.

But it cannot sustain. Seems like there is an attempt to scrap SWIFT system and weaken USD. Just like how Saddam tried to look for alternatives for USD

And how Gaddaffi tried to mobilise African countries for a united African Currency backed by Gold, not like USD which is just a Green back.

As an avid reader of History, I can correlate the current situation to the circumstances that led to 1929 Great Depression which ultimately led to WW-2 in 1939.

hmmmmmm... choodaali... Third WW antee, inkaa Fourth WW avasaram vundadhu.

 

Nelo nalekkane chaana angles unaye partime kamist, history lover

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