• Doubling of Russia’s oil revenue versus 2021
  • Financial sanctions hit the poor but have not been successful at defeating the war machine
  • Russia forcing companies to pay for commodities in Rubles and India clearly stating they will continue to trade with Russia
  • Saudi’s shifting away from the petrodollar
  • Taking oligarchs’ stuff
  • Sanctions are easy to avoid in 2022 and most countries are focused on feeding their people and economies first
  • Politics has become a sporting event