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This is all part of the plan. Less industrial production, less imported NatGas. How does it feel Putin?
I believe the expression is cutting off one’s nose to spite one’s face.
Makes ya wonder how long the US can keep this up until it starts affecting the broader world markets
I think it already is, and the stuff we’re seeing happening in US this week shows just how fragile US economy is right now.
The broader world markets are bifurcating. The world is heading towards having two incompatible markets, one SWIFT-based and the other uses whatever alternatives develop. I am not sure for how long GCC states can play both sides.