Crisis Around the World -War/Health/Weather/Economy/Society

[newkeynesian]

floppy\" post_id=\"2085500\" time=\"1665490671\" user_id=\"97579:

It depends on what you mean by “rest of the world”. The “rest” isn’t a homogenous entity.

In general, the bridge bombing has very little additional implication beyond what’s already happening for the “rest of the world” apart from Europe. For Europe, it means it is less likely to secure a concession from Russia before winter or the price to be paid by Europe will now be higher.

IMHO, the recent event(s) that have much bigger implications for the “rest of the world” are:
1. India being India
2. Argentina joining BRICS
3. Iran joining SCO
4. OPEC+ showing everyone who’s the boss

Agree that ROW is not homogenous. By ROW, I mean Asia, Middle East, Africa and a few smaller entities in the European continent.

All points are valid though point 4 is a bit contentious because US is also an oil producing country and a net exporter if I am not wrong so former boss might not be too happy with point 4 and might trigger more conflicts around the region?

[floppy]

newkeynesian\" post_id=\"2085564\" time=\"1665550086\" user_id=\"5441:

…
All points are valid though point 4 is a bit contentious because US is also an oil producing country and a net exporter if I am not wrong so former boss might not be too happy with point 4 and might trigger more conflicts around the region?

USA is THE LARGEST oil producer in the world (bet many people didn’t know that) but it’s not among the top 10 oil exporters. It is not a member of OPEC or OPEC+ and US oil export is relatively small compared to its oil production as consumption is mostly domestic.

The former (actually still current lah, albeit with waning influences) boss will find it difficult to trigger more conflicts because they won’t be able to convince many people to come along on the ride. It’s easy for the boss (who’s the top producer again?) to tell the kar kia “you can one!” “don’t buy XXX oil” “tahan, sure win!” when the boss isn’t the one facing the energy crisis and cold winter at home. The boss kar kia are either broke (financially) or struggling (politically), and the trend lines aren’t looking good for nearly all of them. Unless OPEC / OPEC+ step in to relieve some of the inflationary pressure that the kar kia are facing at home, the boss would have to go at it alone (which the boss never does).

[doodbug]

lee_yl\" post_id=\"2085504\" time=\"1665499188\" user_id=\"17023:

War sure to have bombing. It is surprising that Russia, like the number 2 military in the world, is in reality a paper tiger. Who knows, China could well be another paper tiger.

Unlikely. The 扫黑除恶 movement in China is no joke - the defence contracts, military supplies and what not may not be up to what they are supposed to be on paper, but probably not far off. Most equipment should be functioning lol :rotflmao:

[phtthp]

https://www.straitstimes.com/world/united-states/imf-warns-worst-is-yet-to-come-for-world-economy?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=IMF+warns+%27worst+is+yet+to+come%27+for+world+economy&utm_content=12%2F10%2F2022

[floppy]

doodbug\" post_id=\"2085590\" time=\"1665561753\" user_id=\"13281:

Unlikely. The 扫黑除恶 movement in China is no joke - the defence contracts, military supplies and what not may not be up to what they are supposed to be on paper, but probably not far off. Most equipment should be functioning lol :rotflmao:

Neither the Russian nor Chinese army are paper tiger lah. When people say paper tiger, what are they expecting from Russia? That a fight will be over in 90mins? Don't forget, the best army in the world with the most sophisticated weapons couldn't get rid of a ragtag army made up of farmers and goat herders even after 20 years.

[MrsKiasu]

I m just hoping that whatever they do…think think and think about the consequences.

[Estéema]

MrsKiasu\" post_id=\"2085603\" time=\"1665571086\" user_id=\"43981:

I m just hoping that whatever they do..think think and think about the consequences.

Unfortunately, mad ppl don’t think. They just act on impulse, self-pride & trying to inflict sufferings on others to ‘conquer’ and control and they think then they’ll be great! That’s the dictator mindset

[floppy]

MrsKiasu\" post_id=\"2085603\" time=\"1665571086\" user_id=\"43981:

I m just hoping that whatever they do..think think and think about the consequences.

Fret not. Everyone is thinking about the consequences…
Except the thinking goes along the line of “what is in it for me (or my country)?”
As long as you, or someone else is paying the price, and not me, it’s a good “consequence”.

[MrsKiasu]

I don't know..my random thinking is luckily they have children..maybe got chance of not going to the extreme so easily

[Liew Nga Wing]

The Hungarian Prime Minister has stated his \"hope for peace\" in Ukraine in the Washington Post:


https://www.washingtonpost.com/world/2022/10/11/viktor-orban-ukraine-hungary-trump/