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Re: semis and oil rising again. buffett has more oxy than 2bb and i do and he still adds. eomI'm thinking that Buffet reads nutjobs like Liz Truss - a hawkish zealot whose flaming commentary will only kill more and more Ukrainians if they don't learn to compromise. Her Oxford degree doesn't mean a damn thing when it comes to survival skills - for other people's lives, that is. This (as well as other comments from Ukraine influenced by nutjobs like Truss) mean that the war will drag on and on. So oil will stay high as long as China rebounds and even if Europe goes into recession because Putin cuts off their gas. I'm thinking that China's demand (coupled with the war) could counter that and keep oil prices elevated. I'm thinking that's what Buffet is thinking? This is serious stuff. << The West must prepare to back Ukraine against Russia in the long run and not give in to conflict “fatigue,” British Foreign Secretary Liz Truss has stated. Speaking to European media on Tuesday, the foreign secretary stressed the importance of Western unity over military and humanitarian aid to Ukraine. “What I am urging is [that] we continue to stick to that and we absolutely don‘t show any signs of fatigue or tiredness or giving up,” Truss said. “What we cannot have is some uneasy peace, where Russia is still present in Ukraine. That is not going to work.” Truss said a victory for Kiev would be Russian troops leaving “all parts of Ukraine [that] have been illegally occupied.” The foreign secretary made it clear that Moscow would also have to give up Crimea, which voted to leave Ukraine and join Russia shortly after the 2014 coup in Kiev.>> |
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