If Europe wants to win this one, they’ll have to give up their green lunacy. So far, Biden has shown that no amount of pain or pressure will allow him the freedom from his lefty-green masters to even approve a pipeline. So, how can crazy Europe who have gone nuts for solar in a country with insufficient sun and no coal or nuclear in countries that have both in abundance? The Greens will either step up to the plate, lose out entirely, or, bow to Putin. Those are the options, Greens. Pick one.
Russia could also just make energy cheap within their own country. Not ridiculously so, and not for everyone - but for utilities, and particularly, industry.
Energy use and GDP are in a nearly perfect 1:1 ratio. You can’t have an economy without it.
Cheap energy for manufacturers would attract a lot of global manufacturing and development. China did it with cheap labor, but they are losing that advantage, and China doesn’t have cheap energy. Russia could do it with energy.
Thankfully we can do without Russian oil quite easily. Europe on the other hand is screwed.
Sure it is.
The West is ruled by idiotic, fanatical perverts.
Informative article, but the scale of influence of Russian resources has been completely blown out of proportion. It will impact us, and Europe, of course. But, Russia is not going to become the world’s economic superpower with the magic swoop of the hand anymore than Saudi Arabia.
Teaming up with America’s enemies and frenemies might do it - but there wouldn’t be much left of the world economy to enjoy it. I don’t think China and India are willing to make that trade over Ukraine.
Note* this article would’ve been more seriously considered without alluding to Zelinsky being elsewhere on “green screen”. I suppose that’s possible, but it reeks of bias.
Banking is the whole game. Switzerland hasn’t had more than a century of neutrality because of its citizen army, it’s because of the Bank for International Settlements as an institution for govts to evade their own Trading with the Enemy acts. Gaddafi got Hillary’s “we came, we saw, he died” gleeful treatment because he was establishing a Pan-Islamic non-usurious/loansharking currency which would have removed Islamic petroleum producers from under the Oligarchs’ control. Larry Fink of BlackRock would have a much less commodious situation if Gaddafi hadn’t been liquidated
Nice summation, but the various leeches can live off the derivatives as long as they don't kill the host.
Rubble currency.
smart move by Putin. I wish that I could shield my money from leftist whims.