Not good news: The heading says Europe goes 'All In". For film buffs does the term 'Full Retard' resonate?
LOL, Yeah Europe really has the upper hand when it comes to sanctioning their own energy providers coming into winter, lets see how long Putin will tremble at their threat.
Let me guess, the US will fill the void of Russia by shipping LNG to Europe........at a mark up in price of course. You would have to think that Europe would have secured a source for gas apart from John Kerry to get them through the winter before making such a bold threat.
You never go Full Retard! :lol: I wonder how much impact these sanctions will have. But I am guessing severe restrictions are coming for the branches of European businesses located in Russia. Putin is willing to take the pain. Is Western Europe? I don't think do. I get the feeling that Obama is the Pied Piper leading Europe over the cliff to secure a legacy for himself. He will show Putin no matter how much Western Europe suffers.
I just read today: the Russians are still threatening to close down airspace for transiting aircraft. I thought they've already done it. If this happens, Europe and Asia-Australia will have a hard time connecting with each other. Via the Middle East, I suppose. Russia covers 1/9th of the World's dry surface ...this makes me think of an even worse scenario: what happens if the BRICs move together and India and China close their airspaces?
I read or heard somewhere that Russians love winter. These sanctions will be a joke by Christmas. Meanwhile, Australia has stopped selling uranium to Russia but will begin selling it to India, who in turn will probably move the excess this creates from other sources to Russia. How stupid is the West?
Isn't Russia the second highest producer of uranium behind Australia? I doubt Putin could care less what Australia does
Things may not be so rosy for Russia - Sammysilver just posted an article from King World News by John Ing on another thread and one of the paragraphs was:
Just had a thought. What if a sanctioned Russia just created an internal only gold backed rouble - with convertability to a gold backed China version for trading in their new partnership. A small adjustment and they are removed from the collapsing Western ponzi and ready to jointly replace the US dollar with a very wide range of non-bankrupt countries.
why gold?, Russia can just ask payment in Ruble form the Gas sale, this will caused a hell run for the shorties.
we will never see another gold backed circulating currency ever again ... ever ... period ... ever .. if you think we will you are as loony as SammySilver
Just thinking ahead to the meltdown and the power shift. In the interim I agree but I think China and Russia are playing a long game - at least past next winter.
things start getting cold earlier than november; sometimes september can be quite cold all the way to april/may. Last year kiev got around 6 Celsius day temperature in early october; average around 12C. Thats cold and requires heating
Russia is either the first or in the very top when it comes to oil, natural gas, gold, nickel, palladium, platinum, uranium... Watch what happens if the West suffocates them with more sanctions. Russia might cut off supply and commodity prices will skyrocket. Less oil, less platinum, less palladium, less gold, less gas... for the rest of the World to enjoy. I think the sanctions are backfiring.
it is a financial sanctions, not material in the sense. what EU is very lacking is ruble on hand, so it is not possible to earn that currency to pay for Russian gas.
