China dictates rare earth elements, Russia and OPEC dictates oil production. USA dictates war and destruction.
Russia
also dictates the supply of nuclear fuel for Nuclear Power Plants. The
EU, particularly Germany, may try to fire up their nuclear power
generation to compensate for the expensive oil and gas, but is still
under a cloud of uncertainty over the supply of nuclear fuel needed to
power those plants.
The world is just realising the control the
Russians had over the energy sector after the war in Ukraine, but Russia
is in control of more than that. Food comes to mind, but more than that
below the surface is, for example, the semiconductor sector that
depends largely on Neon gas and other essential elements from Russia.
There was the talk of the West trying to strangle Russia in the
semiconductor sector, without realising they are using the rope to hang
themselves, just like the sanctions on energy by the EU.
The fun
is just beginning with the start of the Middle East War. Zelenskyy and
Netanyahu are now having a verbal battle fighting over who gets USA
funding, which is getting scarcer and more difficult. It is becoming
common knowledge that the USA is running out of weapons to send to
Ukraine, and with Israel equally needing weapons, the writing is on the
wall for Zelenskyy. Israel is more important now for the USA and with so
many Israeli senators in the USA establishment, it is just no brainer
to try to guess who will be getting the bulk of the USA support going
forward.
Zelenskyy is going under the bus, for his failure in his counteroffensive, and that is a given.
Anonymous
Zelenskyy has little support in the administration unlike Israel. That is his disadvantage in vying for more help from Congress. The bus is waiting for him.
ReplyDeleteThrow him under the bus, run over him. Stop, reverse and run him over again. Repeat till satisfied or until bus runs out of petrol.
DeleteNever mind, can just print and throw to Israel and Ukraine. It works all the time.
ReplyDeleteHelicopter Ben threw printed money from a helicopter and 'screw' oops grew the economy. Present Fed chairman also printing like mad on the one hand, but raising interest rates on the other to soak up the liquidity to keep the US$ from going under. Wonder what he is doing? More like a balancing act walking along a steel rope, and will fall to earth sooner or later.
Yellen is trying to coax countries to buy more treasuries and the two of them are playing a game of monopoly. With not many countrie buying treasuries and instead selling, the Fed is also said to have sold earlier, it now looks like the Fed will have to reverse course and buy instead. The money printing will help to support the crumbling pyramid. However, nothing last forever, or should I say goes on forever. Even the petrodollar is tottering.
Zelensky is a dead man walking. He will not live to enjoy his ill gotten gains.
ReplyDeleteHollywood may give him a posthumous Oscar though.