Posted on 09/12/2022 6:21:15 AM PDT by ConservativeInPA
In July, Germany reported a 45.8% reduction in imports from Russia compared to a year ago, but the value of those imports had increased by over 10%.
This increase in cost was due largely to higher energy prices, with the value of crude oil, natural gas, petroleum products, and coal all climbing.
The UK, by comparison, has managed to cut its imports from Russia to zero, although it was always less dependent than Germany on Russian energy.
(Excerpt) Read more at oilprice.com ...
Trump was right....................😁
Shrinkflation
Are those Germans at the UN still laughing at Trump?
Nice of Germany to help out the Russian economy. Perhaps peace in Europe can still be achieved!
They are hiding behind their cold schnitzels....................
Russia’s learning from China on how to defeat your enemy by using their money.
Very little sympathy for those arrogant jerks.
Yes he was. I wonder if those woke Germans are still laughing at him?🤪🤗
Russia cut off the gas supply to Europe, so it’s getting zero dollars for that right now
and all Russian oil imports will be cut off Dec. 5th., by EU decree, so no more oil money after that
how’s Russia going to make money if if can’t sell anything in Europe?
I remember when this happened, and I also remember thinking that any sane ten-year-old could predict what was happening. Why couldn’t they, the Germans and EU especially, see what was obviously going to happen?
Russia is nobody’s friend for very long, never has been.................
An Ice Age Descends on German Industry
In the last few months energy costs in Germany have increased by more than an order of magnitude, and are expected to rise further. The devastating effects on German industry can no longer be glossed over, and many enterprises are closing plants, laying off workers, and contemplating bankruptcy.
[much more at link]
https://gatesofvienna.net/2022/09/an-ice-age-descends-on-german-industry/#more-54442
“Russia cut off the gas supply to Europe, so it’s getting zero dollars for that right now”
How sure are you of that;
Just as bad in Britain. 60% of factories are in danger of closing.
That’s why Germany is now building alternatives to unreliable Russian fuels
and like ending any addiction, there will be some pain initially, but it will make things better for all in the long-term
none of these things was even being considered before Feb. 23rd ... so the fact that they are happening now can be credited entirely to Putin’s botched invasion
> Germany Is Now Paying Russia More Money For Fewer Imports
They’re planning to make it up on volume.
(But then the pain goes away.)
I take it you are not personally living in Northern Europe?
Forty lashes with cold, wet spätzle.
That pic looks like Hunter Biden going cold turkey.
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