Go to media bankRussian and US state flags. File photoMOSCOW, Oct 22Nobel laureate Paul Krugman, in an article for The New York Times, warned of a threat to American democracy amid rising gasoline prices, but the newspaper's readers did not agree with him and announced Russia's victory over US President Biden after the OPEC + decision to cut oil production. Krugman noted that, when the cost of gasoline reached five dollars per gallon a few months ago (3.75 liters. — Approx. Ed.), the ratings of the Democratic Party rose significantly and its representatives were almost unconditionally expected to win the elections, but already in September, after prices fell for fuel, the advantage has ceased to be so obvious. Now that prices have risen again, the Democrats' chances of success have declined. At the same time, Krugman called for three important points about fuel prices to be taken into account. First, the cost of fuel depends on oil prices on the world market. Second, price fluctuations can be caused by technical difficulties at refineries and have nothing to do with politics. Thirdly, fuel prices are now far from the record levels of recent years. The author doubted that they would return to their previous highs. According to Krugman, fuel prices cannot be used to judge the success of Biden's policies, but they can significantly affect the outcome of the upcoming congressional elections.
The Chinese were delighted with the decision of OPEC + on oil productionReaders agreed with the author that the cost of gasoline could harm the Democratic Party, but they were much more critical of the US prospects. ahead of them?» wrote Susan Carlyle. SJW51 stated that the Democratic Party is likely to lose its majority in Congress, but noted that President Biden himself poses a threat to democracy in the United States — because of attempts to negotiate with Saudi Arabia. «The biggest threat to our democracy is it's not the global oil economy, it's the Biden administration!» — added by the user.In Saudi Arabia, they told how the United States fooled Zelensky John Mark Evans called the position of liberal politicians a threat to democracy and their willingness to declare racists all those who disagree. How easy it was for these Saudis and their Russian friends to crush the Democrats with just one OPEC+ decision!» — said Fred White.LaurenceB said that the American authorities understand only how to spend taxes on military needs. democracy, why are our citizens so miserable, sick, and millions more poor?» he added.
Named the main danger for the United States in the economic war with Russia Silvery Moon admitted that she misses the Trump presidency. And what is this Biden doing?” she wrote. “The author believes that Biden’s stupid support for Ukraine and the same stupid hatred of Russia have nothing to do with our rising gas prices?” RJ asked and added that he did not agree with Krugman. «Saudi Arabia and Russia benefit from an economically weakened and politically paralyzed US,» said Ron Wallach. In his opinion, the OPEC + decision to reduce oil production will undermine the chances of Biden's party to win the election.
Advance: US-Saudi conflict will change the map of global alliances»Two of the world's top three oil producers, Russia and Saudi Arabia, are now on the other side of the barricade from the Biden administration. This is a deep self-inflicted foreign policy wound by Biden,” commented J House. In his opinion, this defeat of the US president will end in an increase in taxes that Americans will pay daily. “Ridiculous and frightening!” is a great new slogan about America!” added Reasoned analysis. «Vladimir Putin is without a doubt the most brilliant mind today. <…> His masterful deal with the Saudis secured Congress with the Republican Party,» DNG wrote.
The US predicted the consequences of the confrontation with Russia, China and Iran
