Posted on 03/30/2022 5:02:54 AM PDT by blam
You can say that again...
President Trump warned them about relying on Russia.
My Grandma always said this strange thing in an instance like this. “Well, you can’t have your cake and eat it too”.
How is the global warning crowd going to keep themselves from freezing and how much more frozen will they have to get before reality sets in and they come up with some rubles?
There are no fossil fuels. The words have been a gaming of reality.
There are hydrocarbons aplenty formed and continuing to be formed through geologic processes to help make life better and more productive. Atmospheric CO2 is not a pollutant, and the only men who think mankind are a "cancer on the earth" are the globalist Left and corporatists, who want to rule, profit and decimate at the same time.
Modern technology creates "cleaner" use of energy, and the US has reduced its pollution in many metrics.
“Congratulations. You Sanctioned Yourself”
Disclose.tv
@disclosetv
JUST IN - Germany triggers the first stage of the gas emergency plan to secure supplies. Vice-Chancellor Habeck appeals to consumers: save energy.
3:20 AM · Mar 30, 2022
JUST IN - Kremlin says the switch of payments for Russian gas to rubles will not take effect on Thursday, “will take more time,” BILD reports.
8:04 AM · Mar 30, 2022
JUST IN - Inflation in Germany jumped to 7.3% in March, the highest level since 1981.
8:19 AM · Mar 30, 2022
English translation: FOR THE TIME BEING, GAS CAN CONTINUE TO BE PAID FOR IN DOLLARS AND EUROS Kremlin buckles in ruble dispute
If Germany does engage with the ‘petroruble’ then the Ruble will go up.
Putin has placed a floor on the price of Gold of 5000 Rubles per gram. I say a ‘floor’, as 5000 Rubles per gram works out lower than the current market price.
But if the Ruble does go up due e.g. to the ‘petroruble’ then the price of Gold will be supported by arbitrage.
That is extraordinary news. Looking for confirmation.
Trump told you so, but you were just too smart and sophisticated to listen. You thought it was a joke.
Better ditch the Gaia worship fast. You can’t worship Gaia and have security + a functioning economy at the same time. You have to choose one.
In the meantime get used to paying in Roubles.
Oh right, there’s a delay setting up the payment mechanism.
For a minute there I thought Russia had given up the idea, which would have been very strange.
This is a catch-22 for Russia.
They can take this stand, but for how long? They cannot go a month without the income from selling gas and it’s the same for wheat, fertilizer, etc.
Russia will collapse without this daily inflow of money, whatever form it takes.
Germany and the rest of the EU should call their bluff.
Who would give in first? EU from lack of gas, grain and fertiilzer? Or Russia for lack of income?
Only God knows.........
Much of the problem are the idiotic sanctions against Russia, which to me look like war. We (our government, along with Europe), wants to destroy the Russian Ruble, economy and government.
It's a good question to ask. The sort of question that should have been asked before Sanctions were applied.
I read some claim on Zerohedge that - at the current prices of Oil and NG - Russia's income is higher than it was before February. Not all of Russia's customers pay in Euro or USD you see, and the German contracts were at a steep discount to today's prices. I need to confirm this of course.
Hmm, now that force majeure has been applied, I wonder if the ruble price of these long term contracts is being offered to Germany, or if the old contracts will just be torn up. The most sensible course would be for Russia to honor the contracts as far as possible.
I don’t know if it was officially sanctioned or something some German YouTubers made, but last Fall I saw a German PSA video that was basically “how to not freeze to death in your unheated apartment”. I wish I had bookmarked it. I was hoping your comment link was it, but alas, no. Had old folks all bundled up in an apartment, multiple candles burning, etc.
Energy policy by an autistic Nordic teenager is not a good look for an economic titan. It is not ending well. And Trump warned of German over-reliance on Russian energy, and was poo-pooed, when he was trying to force Germany and the rest of the NATO countries to ante up on their military spending obligations.
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