/biz/ - Business & Finance

>>51131539
The eu imports 70% of it's gas 50% from russia 20% from uk and norway both non eu members.

Bongland already has the worse energy prices and norway is larping some gas "maintance" to disconnect from the eu energy system at the moment when nations are building their reserves.

Sou you could be talking about a 70% of decrease of gas flow to the eu ,23% of the eu energy is from natural gas so you could see a 15% massive decrease in energy.

However the part they are not saying is that 35% of the other non gas energy used in the eu is crude oil not gas.

and of that 35%, 30% comes from russia

so to that 15% decrease in gas you could be adding a 11.5% decrease in oil, so you are talking about a 25% hole in the eu energy.

On top of that you have to add the fact that not all pipelines are reversible and only flow one way so russia could bully some eu nations into doing whatever the fuck it wants.

It's pretty fucked up and french nuclear is working at 50% capacity for some reasons.

Token not needed

>>24509758
And all of citzens become poorer in the process , literally confiscating wealth of usd users.

The weird shit is that this crap is just starting when you see shit like canada monetary base or the fact that the eu will have to devaluate to keep the parity with the usd which will trigger more devaluation.

Seems like the end of fiat currency, unless the usa goes full anti globalist , you can't have a nation like canada increasing it's monetary base 4x while having a trade treaty with you.
They will rape you due to their products becoming absurdly cheaper.

>>24099861

>>23956648
Stay strong

>>23730163
>keep dancing for me

Sure

Now that Trumps gone, will stocks stop going up?