Germany has seized control of Gazprom Germania

Re:Germany has seized control of Gazprom Germania by lobochrome on Tuesday April 05, 2022 @10:02AM (#30919094)

I agree. And since the RuskiEuro will be backed by a massive amount of commodity it'll be fairly hard currency. Zoltan Poszar has been clear on this[0].

My gut feeling is, that the EU, without any commodities, has a single choice: kick the Russian gas habit immediately, and force Russia to kill their western gas fields. Then pray they collapse in the next few years.

If the EU keeps paying - Russia's new Gazprom central bank controlled RuskiEuro reserves will stabilize its economy and it will rise like a phoenix from the ashes. Even if we kick the gas habit, this might still happen if Putin keeps his thumb on public sentiment enough.

[0]https://www.credit-suisse.com/about-us-news/en/articles/news...

[ Parent | on HN ]

Re:Germany has seized control of Gazprom Germania by petre on Tuesday April 05, 2022 @02:56PM (#30923333)

President Trump was right about the gas terminal, North Stream 2 and ≥2% GDP for NATO militaries. Of course it was coming from his advisors. But no, the EU leadership decided to live in fantasy land. Only Eastern European states, Poland and the Baltics understood.

[ Parent | on HN ]

Re:Germany has seized control of Gazprom Germania by yakubin on Wednesday April 06, 2022 @08:20AM (#30931205)

Pedantic nit: Poland and Baltic states are a part of Eastern Europe.

[ Parent | on HN ]

Re:Germany has seized control of Gazprom Germania by petre on Wednesday April 06, 2022 @01:12PM (#30934872)

Poland is in Central Europe. UTC+2 is EE, so the Baltics. I was talking about SE Europe, Romania, Bulgaria, Greece.

[ Parent | on HN ]