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  1. casual

    India’s falling rupee hits all-time low, what it signifies

    World is heading towards recession. Years of massive QE is catching up with countries. India is in better shape then Europe at least .
  2. casual

    A newly-released picture shows a large group of Indian soldiers captured by China PLA in Galwan Valley in 2020

    seems like they are lining up to receive their beating one by one lol
  3. casual

    Saudi Arabia and Russia plan deep oil cuts in defiance of US

    https://www.investopedia.com/articles/active-trading/051215/cost-shale-oil-versus-conventional-oil.asp cost of new wells range between $30 to $90 per barrel. averaging around $46 to $58. This is in 2020 money. Infrastructure to get the oil to market also needs to be built. This is very...
  4. casual

    Saudi Arabia and Russia plan deep oil cuts in defiance of US

    Unless the US is willing to support shale companies with long term contracts at $100 per barrel, no companies in their right mind will want to explore shale. Exactly who will threaten Saudis and UAE? Iran? US systems will be replaced with Chinese systems. This is already happening.
  5. casual

    Saudi Arabia and Russia plan deep oil cuts in defiance of US

    Saudi and UAE will be fine.
  6. casual

    Saudi Arabia and Russia plan deep oil cuts in defiance of US

    The lawsuits will pave way to asset seizures. But the US needs OPEC and not the other way around. And Saudis are betting that the incoming Republican congress will be much more friendly.
  7. casual

    Saudi Arabia and Russia plan deep oil cuts in defiance of US

    Apparently the plan is to file lawsuits, withdraw troops and limit military sells. Basically not much. https://thehill.com/policy/energy-environment/overnights/3678577-energy-environment-schumer-eyes-nopec-bill-after-oil-cuts/
  8. casual

    Japan’s currency bursts its post-bubble economy

    Question is, does inflation and a weak yen even help Japan anymore. Japan is no longer the export powerhouse it was 30 years ago.
  9. casual

    Chinese green card, the most difficult green card to get in the world, only 1,000 issued so far

    China seriously needs to loosen green card eligibility rules.
  10. casual

    South Korea military apologises after failed missile launch sparks alarm

    If the warhead didn't go off what was the explosion people heard?
  11. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    And yet, US has much higher inflation
  12. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    you are arguing with facts. US has higher inflation then China
  13. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    In case you didn't know, the US has much higher inflation.
  14. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    China has low inflation and strong exports. I don't see the problem
  15. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    agreed. covid lockdowns is no long viable after omega variant. China needs to prepare its population for the hundreds of thousands that will die once China opens tho.
  16. casual

    Nigeria would consider China's C919 plane for new airline

    Expressing interest and asking for a quote is free. I expected more countries/airlines to do this if only to get a better deal from boeing and airbus.
  17. casual

    China’s Fiscal Stimulus Exceeds 2020 Levels, Barclays Says

    China can go harder on stimulus now that the housing bubble has popped.
  18. casual

    A Chinese diplomat trolls the Americans 😼

    You should ask nato if they want a nuclear war with Russia dumb dumb And might I add these are some laughably weak rationalizations.
  19. casual

    A Chinese diplomat trolls the Americans 😼

    You are some special kind of stupid if you believe Russia will blow up their own pipeline and not the Norway to Europe pipeline in the same area. To "Terrorize Europe"
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