Trump was right....................😁
Shrinkflation
Nice of Germany to help out the Russian economy. Perhaps peace in Europe can still be achieved!
Russia’s learning from China on how to defeat your enemy by using their money.
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?
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
The misery that is unfolding in Europe, Germany and the UK specifically, is going to get much worse this winter I’d guess. It will be interesting to watch the blame game played about who caused it and the maybe revolt against green energy. More than $2 trillion in green energy investment in Germany alone and they are going to freeze in the dark.
I hope it plays out writ large for all to see. Maybe it will dampen the spirit of all this madness. Doubt it, this administration will probably double down.
Pay more for less. The new first world way.