German foreign minister Annalena Baerbock: “We buy 50% of our #coal from Russia. If we exclude Russia from #SWIFT the lights in #Germany will go out.”
— steve hilton (@SteveHiltonx) February 27, 2022
yeah maybe should have thought of that before shutting down your nuclear power stations
Zero Hedge: US, Germany Continue To Allow Gas Transactions With Russia Despite SWIFT Ban
As Russian banks closed down both ATMs and then, later, open market trading, to avoid or contain the fallout from the Russian incursion into Ukraine, it's becoming increasingly apparent that the West doesn't have the right tools to sanction Russia - not that they could even if they did.
The problem, as we have said many times before,boils down to Russia's control over Europe's energy supplies. But even as a growing number of Russian oligarchs release messages claiming that their sympathies lie with the Ukrainians (not that any of them have actually committed to doing anything that might undermine the war effort), Russia's position remains unassailable.
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WNU Editor: It is always about the money.
3 comments:
Hawaii gets its oil from Russia. We can thank FUCK JOE BIDEN (FJB © ), the Democrat Party and wild eyed, crazy liberals.
Putin or Biden shut cut oil shipments to Hawaii from Russia. After it is two Democrat senators and two Democrat representative.
Should they be living off if windmills, solar, unicorn farts and their own fragrant farts. Are fragrant farts the problem to not going 100% renewable? Word on the street is they huff their fragrance instead of using it for generator fuel.
We're banning Russian flights and football teams but still buying Russian gas being delivered by Ukrainian pipelines :)
For decades now the US and the "west" have waged war against their energy industries. Do they want to continue this war or do they want to fight Russia? Our leadership class needs to MAKE A DECISION!! We can't do both.
I suspect the decision will be to fight Russia but it will take some time to rebuild our oil and gas industry. In the meantime, we have nukes assuming our arsenal actually works. Former president Trump rightly questioned this.
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