FALLING OIL PRICES: THE COLLAPSE OF RUSSIA Vlog 837: War in Ukraine
Video Summary
Russia’s economy is heavily dependent on oil prices, with natural resources being its primary source of income. The country’s economy is often referred to as a “dig-and-sell” economy, where they primarily rely on extracting and selling natural resources to fund their activities. This has led to a situation where the Russian war machine is heavily dependent on oil prices, and any decrease in prices could have devastating effects on the Russian economy.
In recent times, rumors have been circulating that Saudi Arabia is considering dropping oil prices to around $50 per barrel, which could be catastrophic for the Russian economy. This could lead to a significant decrease in revenue for Russia, making it challenging for them to continue funding their military operations.
The collapse of the Soviet Union in the 80s is also often attributed to the decline of oil prices, which was around $10 per barrel during that time. The Russian economy was heavily dependent on oil exports, and the decrease in prices made it difficult for the country to survive.
Anna also emphasizes the fact that the Russian population is not very active in supporting the government or the war effort, with people only joining the army for financial reasons. Anna believes that the only way to defeat Russia is to target its economy and make it difficult for them to pay their soldiers.
Anna concludes by expressing hope that the prices will drop and Russia will be forced to stop its war efforts, something that would lead to a safer and more secure world. They also emphasize the importance of solidarity with Ukraine and democratic countries, and urge viewers to join them on social media platforms to stay updated on the latest news and developments.