2. Rising oil prices have significantly increased Russian confidence and revenue, providing an extra $150 million daily. However, a potential U.S. ground war in Iran could force a choice between defending Ukraine or the Gulf, potentially allowing China to

Season 8 Episode 647  ·  Mar 27, 12:38 AM
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2. Rising oil prices have significantly increased Russian confidence and revenue, providing an extra $150 million daily. However, a potential U.S. ground war in Iran could force a choice between defending Ukraine or the Gulf, potentially allowing China to decisively intervene in either theater. (2)
1902 TROTSKY IN SIBERIA EXILE

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3. Economist John Cochrane warns that government subsidies for high gas prices compound oil shocks into inflation. Comparing current trends to 1979, he argues that price controls lead to shortages, while free-market incentives are necessary to encourage p
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