Post
Topic
Board Economics
Merits 1 from 1 user
Re: Pay in rubles or have your gas shut off by April
by
stompix
on 03/04/2022, 03:09:56 UTC
⭐ Merited by DrBeer (1)
Within a few weeks, all these media hype about heroic Ukrainian defense will fall apart and Putin will walk away with half of Ukraine.

Let's make it more interesting since you're such a know-it-all?
If by Victory day which is one month and a few days from now on Russia won't conquer half of Ukraine, are you willing to put your account here at stake?  Wink
We can try a bet in BTC, how does half or one quarter sound?

Europeans will be left with another 10 million economic migrants from Ukraine, which will add further strain to the budget (that is already under pressure from the raising gas and oil prices).

Europe imports ~ 200 billion worth of oil and gas, EU GDP is 21.5 trillion, that's 1%, indeed a strain, just as a head-up, we have a noncommunity export of 1.9 trillion, just our exports to other countries are bigger than entire Russia plus EAEU groups GDP.
We have 4 million jobs opening in Europe, we could easily absorb half of that in months, plus a lot of the refugees are children, and that makes a huge differnece.