European Economics Thread

GodRektsNoobs

Junior Member
Registered Member
Europe will go into recession as Russian energy restrictions and other factors kick in. But this recession will be temporary, prob for 1-2 years. After that Europe will never be completely dependent on Russian energy again. Russia will emerge significantly weaker. The decoupling between. Europe and Russia will be complete; exactly as planned by the US.
Is it even possible for EU to replace Russian energy in just 1-2 years? It takes way longer for pipeline to be built, and LNG port facilities to be constructed. It is even more unthinkable for thousands of LNG carriers (in order to satisfy current EU enegy gap) to be built during that timeframe, even if JNCX ditches Type 004 and work overtime on building LNG carriers. Think about it, Czech Republic & Slovakia is home to some of the largest auto manufacturing facilities in EU, and are completely dependent on Russian gas. There is no gas pipeline leading from Spain/Germany to Mladá Boleslav or Bratislava, and I doubt they will ever be built. Given EU's fragmentation and competiting interest, it seems that Russia has hit at the right spot. I think this video sums it up really well.

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gelgoog

Brigadier
Registered Member
Europe's gas shortage is totally self-inflicted. First they basically freeze and confiscate Russia's Euro deposits, then they fail to pay in Rubles instead, and now they cannot even maintain the "German" gas turbines they sold them for Nord Stream to be able to pump gas into Germany. And of course it is Putin fault that Siemens do not maintain the Nord Stream gas turbines as per the contract due to Canadian/Euro sanctions which they themselves decided were a great idea.

I am still waiting for the global oil shortage come next year after their stupid "price cap" on Russian oil begins and they start banning European companies from shipping Russian oil.
 

gelgoog

Brigadier
Registered Member
Definitely Europe. There are already mass demonstration on the streets, and it hasn't even hit anywhere close to 0 degrees yet.
They are sheep. Still, while there were huge demonstrations in Finland before them entering NATO against joining NATO, the government simply did not care. Same thing will happen. US has basically the whole political system locked in. Remember the scandal a couple years back when it was found out Merkel was being spied upon, and some European secret services were spying on their own leaders and passing information direct to the US. Basically the leaders, and their main opposition, all are being controlled to varying degrees.
 

ansy1968

Brigadier
Registered Member
They are sheep. Still, while there were huge demonstrations in Finland before them entering NATO against joining NATO, the government simply did not care. Same thing will happen. US has basically the whole political system locked in. Remember the scandal a couple years back when it was found out Merkel was being spied upon, and some European secret services were spying on their own leaders and passing information direct to the US. Basically the leaders, and their main opposition, all are being controlled to varying degrees.
So the East German Stasi still exist, resurrected by the US Deep State.
 

Feima

Junior Member
Registered Member
Elected politicians guiding Germans to hell, for a second time. It is somewhat unbelievable because, during our formative years, Germany was synonymous to industrial might. It was unimaginable that Germany would not only be surpassed by China but also being destroyed from within. The German failing is yet another heavy-duty rebuttal to those Chinese who advocate western democracy as panacea. I have no ill-intention toward Germany. I can only sigh in disbelief.

I've seen the claim more than once that modern Germans are taught to speak up earnestly on Germany's socio-political issues, under the mantra of Never Again (tm), because of what happened before and during WW2.

Looking at current events, seems this claim is yet another of the west's self-congratulatory myth-making.
 
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