Hoes Mad – At Russia! CNN Says Sanctions Failed, Need More Sanctions Anyway, Might Purposefully Collapse Global Economy

Julia Horowitz

Notice: New article style officially in play: “Anglin’s Sloppy Joes – Sloppy Writing for Sloppy Lads.” We will be doing this until I think of something better.

Imagine that Jews hate Russia so much that in the middle of the collapse of their satanic child sacrifice swindle, female Jews are still able to whine about Russia.

I would have thought that every female Jew would take the week off to go out in the streets and scream about how they hate God (these abortion women are actually screaming “hail Satan” and “I’m Jewish” at Christians).

Odious female Jew Julia Horowitz writes for CNN:

Europe and the United States have barred the import of Russian oil to cut off a crucial revenue source for the Kremlin. But the plan to pile pain on President Vladimir Putin, forcing him to reconsider his war in Ukraine, hasn’t worked.

Russia is making just as much money from energy exports as it was before it invaded in late February. Meanwhile, inflation is surging globally, adding to political pressure on leaders such as US President Joe Biden, British Prime Minister Boris Johnson and French President Emmanuel Macron.

Ya don’t say.

Many readers probably would have liked to have known that a while ago.

You know, maybe at the end of April when the Russian ruble had completely recovered and then surpassed its pre-Ukraine level.

Most people are probably not aware of the fact that the ruble is higher against the dollar than it’s been in 5 years. This CNN article is probably the first time millions of people are learning that the sanctions have failed.

The entire plan was to assault the Russian economy by forcing the collapse of the ruble. The military campaign was dependent on that, actually. The whole idea was that if the Russian people were made poor, they would demand Putin stop the war. But, the US/NATO military just keeps going with their war, even though the entire plan is botched. And Western economies are entering some kind of depression.

No one understands why, and I think it’s because the people doing it don’t understand it. It’s not even clear whose plan this even was, beyond “the Jews in general.”

As leaders from top economies gather in Germany on Sunday for a G7 meeting, they’ll try to reach a consensus on what to do next. Unfortunately, on oil, few good options are available.

Several measures are being discussed, from price caps on Russian energy imports, centralized purchasing by the European Union, insurance bans on ships and targeting countries that continue to buy from Moscow. They all have downsides, and some could push prices even higher — risking popular support for the West’s resolve to punish Putin.

Wow, hmmm, yeah – people might start asking what the hell this is all about.

They might even start asking why all of these people involved are Jewish.

There are only 15 million Jews on earth. That’s the same as the population of Somalia. Imagine if the President of the Ukraine, Prime Minister of the Ukraine, and basically everyone in the Ukraine government was Somalian, all the people in the US State Department who planned the war were Somalian, the Secretary of State was Somalian, the White House Chief of Staff was Somalian, the US Attorney General was Somalian (and for some reason flew to meet with the Somalian government of the Ukraine, to show solidarity), and every time you opened a random news article promoting the war against Russia, it was written by a Somalian – and they were all telling you “this is about our values of a Democracy Human Rights Rules-Based Order of Who We Are.”

Imagine that.

Do you think people would start to think, “hey, maybe this has more to do with Somalians than it does with democracy”?

This is absurd.

There are tools available to go harder after Russia, but they come with significant costs directly to consumers in the US and Europe,” said Robert Johnston, an adjunct senior research scholar at the Columbia Center for Global Energy Policy.

Imposing sanctions on countries that continue to scoop up large volumes of Russian crude oil, including China and India, would wreak havoc on global markets that are already under severe strain.

Ya think?

This article is like something written for preschoolers.

And while Treasury Secretary Janet Yellen recently said the United States wants to discuss a cap on the price of Russian oil, such a complex mechanism may not be the fix the West is looking for.

The United States, the United Kingdom and Canada have announced bans on Russian oil imports. More significantly, Europe will follow suit for Russian oil it imports by sea, a huge step given its longstanding reliance on Russia’s energy supplies. The bloc says the ban will apply to 90% of Russian oil imports by the end of the year.

So to be clear: sanctions don’t work against Russia, they just sell everything the West refuses to buy at a discount to China (and the discount is higher than the pre-Ukraine freedom war price).

But we’re going to keep doing more and more and more sanctions, and the only question is how badly we are willing to crash our already wrecked economy.

European customers have already pulled back. Russian oil exports to Europe dropped to 3.3 million barrels per day in May, falling by 170,000 barrels per day compared to the previous month, according to the International Energy Agency.

But an uptick in exports to Asia helped make up for a large chunk of those losses. China — taking advantage of huge price discounts — saw its imports reach 2 million barrels per day for the first time. India’s imports have also spiked, hovering near 900,000 barrels per day in May.

Russia is selling barrels of its Urals crude for about $35 cheaper than the Brent global benchmark, which was last trading near $113 per barrel. But because prices are up sharply this year due to the aftershocks of the pandemic and the war, they’ve still been making tons of money.

“Making tons of money,” huh?

Are they also stacking up rolls of blue strips?

Russian oil export revenues increased by $1.7 billion in May to about $20 billion, according to the IEA. That’s well above the 2021 average of roughly $15 billion.

“The Russians are still getting a pretty good price,” Johnston said.

Hahaha!

“Pretty good price,” he says! Revenues up 35% over last year!

The sanctions are good for the Russian economy! We just have to figure out how much Americans are willing to suffer, so we can continue to improve the Russian economy through total war!

We’re also arming the Russian military by shipping loads of weapons that get captured when the Ukie cowards abandon their posts!

Senior US administration officials said that dealing with this dynamic will be a priority at the G7 meeting. Speaking with reporters on Wednesday, they outlined their goal: maximizing pain on Putin’s regime, while minimizing spillover effects for the rest of the world.

To make it harder for China, India and other countries to keep importing Russian oil, Europe intends to phase in a ban on insuring ships that carry Russian crude. If the United Kingdom joins in, as expected, that would deal a blow to the global system for transporting fuel, given the dominance of the Lloyd’s of London insurance market. The Biden administration is nervous the measure will cause prices to soar.

I’m just going to be honest – Horowitz broke this news to me this morning. I didn’t know a ban on insuring ships was on the table. This is going to be complicated, because China is taking ownership of the oil in Russia, then shipping it out as Chinese-owned oil.

While I hadn’t thought of an insurance ban, I do know what Lloyd’s of London is, and this is another one of those things that is supposed to remain neutral in a “rules-based order.” I can’t imagine China and India are going to take too kindly.

Still, Mai Rosner, a campaigner at the nonprofit Global Witness, said Western countries need to go further to get Russian oil off the market quickly, since any delay gives market participants time to come up with creative ways to skirt the rules.

“These piecemeal sanctions are leaving loopholes for the fossil fuel industry to exploit,” Rosner said.

The United States, with Europe’s backing, could enact so-called secondary sanctions targeting third-party countries that have continued to do business with Russia, as it has done with Iran and Venezuela. The US government hasn’t ruled this out.

But such a move would generate so much turmoil that experts view it as unlikely — especially given the growing political blowback leaders in the West face over the fastest price increases in decades.

The insurance thing is a secondary sanction, unless they accept the fact that the exchange is made in Russia before the ship leaves port. And if they do accept that, then there is no point at all, so I assume they are banning insurance on any tanker carrying “oil of Russian origin.” (Although they’ve done several sanctions that didn’t have any point, so maybe not.)

If China and India had to find replacement barrels, the price of oil could easily top $200 per barrel, according to Darwei Kung, portfolio manager for commodities at DWS.

“It’s hard to see a world where the US puts [such] sanctions on Iran and Venezuela and Russia at the same time,” Johnston said. “The oil has to come from somewhere.”

There is no mention of any concern over how China and India would feel about this, or how they would respond. China is already a declared enemy of the US, but India, the second biggest country in the world and one of the top 5 economies, is yet to be declared an enemy.

So goes on about some other inane nonsense, but then closes with this whopper:

In the event of a global recession — spurred in part because fuel prices are so high — demand for energy would drop, and prices could begin to fall on their own. But that would be deeply painful, involving job losses and economic damage, especially for lower-income families.

So, now the official plan is… to collapse the entire global economy in order to stop Russia. And this is something she is going to explain to you like you’re a small child, telling you it will be sad for poor people.

We don’t know if it will work, have no reason to think it will work – but hey, might as well give it a shot, right?

In reality, it obviously won’t work. It’s insane even if it would, but a global economic crash would be extremely lopsided, affecting the West much worse than the East.

Basically, the Western Jewish system is completely out of options. Imagine even suggesting “let’s just collapse the entire global economy maybe?”

These people don’t seem to be capable of processing the fact that there is no series of moves where they win, other than maybe just trying to brute force a full-on war with Russia and China and hope for the best. But that makes no sense, because China isn’t going to keep selling us products if we are at war with them.

So…

So…

So…