A world of two economies?

"Russia is NOT our friend. China is NOT our friend. Saudi Arabia and India? The jury is still out on those two. But I will say this. If they were smart, they would align with our team and not the commies. Just saying..."    

Saw something very interesting on the news yesterday. It was how much hurt we were putting on the Russians with all of our sanctions. Especially the sanction on their petrol products. Short answer (and a surprising one at that) - we are not putting ANY hurt on the Russians. The power elite that is. The oil revenues for 2022 in Russia are scheduled to be much higher than than 2021. Over $300B in oil revenue, is one forecast I saw. Why is that?

What we are starting to see, is the economic bifurcation of the globe. One one side, is the United States and their western allies. On the other side, is Russia, China, and India. China and India are helping Russia right now, by purchasing as much oil as they want. And paying for it in any denomination other than US dollars. Meanwhile, what are we doing? Tapping into our emergency stockpile of oil - the Strategic Reserve.

If we had normal people, who understood normal economics, in charge of our country right now, they would be fighting fire with fire. We could take the legs out from these high petrol prices by simply "drilling baby, drilling". But we won't. Somehow, in those dusty cobwebs that reside in the mind of Joe Biden, he thinks if we buy dirtier oil from countries run by dictators, it will be better for global warming. I know, I know. I don't understand it either. As one meme said, "Tapping into our Strategic Reserve, is like tapping into your 401K instead of working." This is what happens when we put people in charge who have never worked a day in their lives.

I am not surprised when China became Russia's patsy, but India? What the what? Why in the world would India shed its neutral status to side with the world's biggest butthole? Some of our Indian leaders in this country should have a heart to heart talk with leaders in their homeland. Siding with Russia is a dead end street. India and the United States have usually always been on good terms. This is a head scratcher for sure.

If we wanted to, I mean the US, as well as our NATO allies, Japan, South Korea, and Australia - we could smoke these commies when it comes to commerce. But we have to want it. We have to scrap this globalization crapola, and focus on ourselves and our friends. Together, we are an economic powerhouse.

Russia is NOT our friend. China is NOT our friend. Saudi Arabia and India? The jury is still out on those two. But I will say this. If they were smart, they would align with our team and not the commies. The day of reckoning is coming. Just saying...