17-12-14, 12:02 AM
(16-12-14, 08:38 PM)noggythenog link Wrote: im with you here....I was wondering earlier about how much of this is to hurt Russia too as they are now struggling again with the drop in what they can sell their oil and gas for.
Oil prices dropping to half their level of just a few months ago doesn't strike me as a ploy to hurt Putin. Isn't it all to do with the U.S. going nuts for fracking, and so being able to tap in to massive reserves? But it has destroyed Russia's economy for sure by the look of things. But Europe's is in turmoil, and the Chinese economy is on a slow down. So where is it all headed? China was supposed to be the new giant, is it just a blip for them?