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Old 03-25-2014, 05:12 PM   #21
mhgaffney
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Join Date: Apr 2006
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Quote:
Originally Posted by SoCalBronco View Post
You are way off as usual. Yes of course he is going to try to sell to China instead. In fact they may have an agreement in May. Three big problems though: 1) Quantity of sales- They amount they are hoping to sell is roughly 25% what they sell now to the EU, so replacing Europe with China is a massive loss of revenue 2) Price of sales - With China as the main remaining purchaser, they have no leverage and reports are China wants a cheaper price than what EU was paying 3) Market Supply - If the US lifts its export ban, what do you think the extra supply of oil on the market will do to price? It will fall...and so will the Russian economy.

Oh and your theory about Merkel is totally plausible, Gaff. I'm sure most 70 year old hags are ****ing anything that moves and she's been caught by the NSA in the bedroom.

Seems legit.
I don't have a theory -- just questions.

Maybe you can explain why Merkel has rolled over for Obama.
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