Post
Topic
Board Economics
Re: Pay in rubles or have your gas shut off by April
by
DrBeer
on 25/05/2022, 16:06:41 UTC
Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.
At first Europe thought that if they imposed sanctions on Russia, it would weaken Russia, but without them realizing it, the sanctions had backfired on Europe itself because their dependence on gas from Russia was quite large so far,I think it's a pretty awesome trick that putin used to against europe by using the ruble as a transaction tool in the purchase of gas, if Europe does not want to do as Russia says of course the European economy will experience a bad impact, especially the industry due to lack of gas supply.

You just took and voiced the "final fanfare of the opera", without voicing it all Smiley
The story begins much earlier - from the moment when the pro-Kremlin lobby created the most comfortable conditions for the monopolization of the EU market by Russian gas. By the way, we must pay tribute to the more conscientious participants - not everyone succumbed to their pressure or influence.
So. Today, in connection with the terrorist war, the European Kremlin gas lobby has nowhere to go - it is necessary to impose sanctions against terrorists. On the other hand, the Kremlin is waving at them compromising evidence or wads of money, which they promise not to put in the pockets of the lobby again. Therefore, an internal conflict begins. If we take the EU, then today Germany and Italy turned out to be the most dependent on the Kremlin's gas, in terms of the volumes of gas needed to meet their needs. Other consumers either do not have such dependence, or consume volumes that can be easily replaced by alternative supplies. And of course, Germany and Italy will have to go through some kind of crisis, but this is a retribution for lobbying the interests of criminal regimes, this is expected...