tag:blogger.com,1999:blog-7806136543904112143.post7914545285552895417..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #14338Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7806136543904112143.post-58772370450583001112014-12-04T17:08:09.727-06:002014-12-04T17:08:09.727-06:00If the Russian budget is, as reported, based on th...If the Russian budget is, as reported, based on the assumption of $100 oil during 2015, its drafters and those who approved it are... delusional.<br /><br />That Putin understands the US is committing acts of aggression (the sanctions, the games with and in Ukraine) in order to limit and confine Russia is not up for discussion. But that doesn't explain the assumptions behind the 2015 budget.<br /><br />Only if the value of the ruble soars could this be plausible, and that is implausible given current facts on the ground. Now if their budget depends on an assumed collapse of the US economy, maybe they're on to something...<br /><br />And the only MSM I routinely read is Reuters.Charles Kingsley Michaelson, IIIhttps://www.blogger.com/profile/04364694465614330540noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-1375552516032277532014-12-04T12:41:50.889-06:002014-12-04T12:41:50.889-06:00Sorry but Putin is not delusional. He is fully awa...Sorry but Putin is not delusional. He is fully aware that the US has declared war on Russia, using the dollar monopoly as a weapon as it knows it cannot win militarily.<br /><br />You really should stop reading MSM if you want to have any credibility.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-61300304199955581522014-12-04T09:57:54.135-06:002014-12-04T09:57:54.135-06:00Everything, nearly, is connected to oil. My to-do...Everything, nearly, is connected to oil. My to-do (well, to read and the do) pile is full of authoritative but speculative blather on oil, plus one or two items with Actual Data.<br /><br />I may take a day or two off soon and concentrate on oil/economy/the end of life as we know it and politics. <br /><br />Meanwhile, sure, the Russian budget charade and the fantasyland of a fracking cornucopia are connected...Charles Kingsley Michaelson, IIIhttps://www.blogger.com/profile/04364694465614330540noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-70688614249056539832014-12-04T08:00:00.034-06:002014-12-04T08:00:00.034-06:00your lead story notes Putin's delusion that oi...your lead story notes Putin's delusion that oil will sell for $100, and three stories down you note that fracked oil could go into declines soon. See any connections there? <br /><br />PS: Read you everyday. Anonymousnoreply@blogger.com