Topic: EU solution to energy crisis: print more money and ensure economic crisis! - page 2. (Read 995 times)

Yeah true; those who don't learn from history are doomed to repeat it. The recent monetary policies adopted by central banks in response to the COVID-19 pandemic have led to concerns about inflation and currency devaluation. The injection of large amounts of money into the economy through quantitative easing measures can lead to artificially low interest rates and market manipulation.

The impact of these policies on currency values and energy prices is complex and multifaceted. It's important for policymakers to consider the long-term consequences of their actions and strive to find sustainable solutions that address the root causes of economic challenges, rather than relying on short-term, artificially induced fixes.

#whataboutism
That's not even close to being true. lol
I looked at some of the lists you are referring to. The fact that all of them put the US colony known as Saudi Arabia (that cut the heads off at least 73 people in the past month alone) way below Iran with somewhere around 20 executions per year disqualifies the said lists altogether.
Interestingly enough when you follow their references you eventually find your way to a Western mouth pieces like the London based terrorist organization called "Iran International" that are making up stats which are off-topic here so I won't get into details.

Have you even been to Iran or are you just parroting what the Western mainstream media tells you?

Not surprisingly, the TERRORISTIC war against a PEACEFUL state is supported by representatives of countries, to put it mildly, from countries with not the most adequate regime. Moreover, Ukraine has never harmed these stars in any way. But this is an excellent example of the psychology of a criminal - the criminal is trying to justify others similar to his crimes in order to calm and inspire the sbeeb himself that in fact it is not he who is the criminal, it is the whole world against him. But if this is done against his country, the squeals will be universal. Moreover, the criminal will not have any dissonance - it is the norm for him to commit a crime, but to bear a DESERVED punishment is a crime

I am sure that after the defeat of the country of terrorizing Russia, they will pay attention to the rest of his accomplices and help them become "more peaceful"

EU has its problems, but I find it kinda ironic to hear all that coming from someone who lives in a theocracy that has one of the highest number of executions in the world (2nd only to China), with much lower freedom of press and where women get beaten to death for not covering their heads properly. It would be like Americans criticizing Europe for having too many mass shootings, or me as Croatian criticizing Finland for having too much of corruption.

Anyway, no point discussing with you due your hatred towards anything "western"  so see you in other topics.

That's true, they'll shoot you to death on the streets without any courts or best case scenario you will just disappear in total media blackout and anybody talking about it will be brutally silenced even if you are a pregnant lady "down under" who liked a post on Twitter and they beat the silence into her. Or you'd be beaten and maimed in streets to become a symbol with one eye wearing "yellow" that is illegal to post on social media.
I'm not worried about Europe at all specially since the military is on the standby to bring down hell on anybody who insists on having the "luxury"

Haha yeah, this winter has been the mildest since I remember and a real punch in the face to all those gloating how we all gonna freeze to death or have to buy wood stoves and burn our own furniture in order to survive lol.


We protest because we have the luxury to protest and not to end up sentenced to death like in some theocracies or sent by Putin to die in Ukraine. And don't you worry about Europe, we will be just fine.  

It's true that severity of the winter will affect a lot of things including the economy but the protests are not a new thing in Europe and they are because of the "cost of living crisis" that people are facing in many countries in the continent. This is not new because all these problems got worse ever since the end of 2019 when the Covid Pandemic began and it put a lot of pressure on people's finances and governments had to print an enormous amount of money which is still showing up as inflation.

On top of all that as the Covid restrictions were lifted and the economy was starting to warm up, there came the war and sanctions that made everything worse in Europe.

P.S. I have another concerned eye on China and how ridiculous the Covid is spreading there and the huge risk they have to the rest of the world when they spread the virus or a mutated version of it across the globe again...

Just a couple of facts:
- The ceiling on Russian oil prices caused the Kremlin to lose $172 million a day (Bloomberg).
Lost profits will rise to $280 million a day when the restriction is extended to petroleum products from February 5.
- Regarding winter: even nature stood up against the country of the terrorist: the strongest cold cyclone covered Russia, while a warm cyclone is moving to Europe. this despite the fact that the winter is already warm, now the temperature in the EU is expected to rise to 10 degrees Celsius

I think it all depends on how bad the winter is going to get this year. There was a lot of panic last year if we are going to be able to prepare and save enough energy for the winter. So far the winter has been very mild and the gas storage are still almost full. If the temperature is going to remain at the same levels as they are now most people won't be even heating in their homes. In many countries did they lock the maximum price for electricity and gas to give consumers a break, and right now energy prices are even falling again. At this point the ECB is just going to wait and see how this will play out, printing a lot of money is not really an option because inflation is still so high.

It is well known that Russia has the largest reserves of natural gas - 38 trillion cubic meters. This is followed by Iran - 32 trillion cubic meters and Qatar - 24.7 trillion cubic meters. However, in Russia itself, many of its citizens still cannot use it. The level of gasification in Russia today is about 69%, although according to official information, this level is 71.4%. Apparently, this figure will continue to fall, as well as Russia's spending on social needs. Putin is not up to it now. Enormous funds are now being spent on the war in Ukraine.
According to authoritative Western media, Russia’s direct military spending during the nine months of the war with Ukraine amounted to about $82 billion, and since the fall of 2022, their cost has doubled to at least $10 billion a month.
And be that as it may with the provision of the Ukrainian army with partners, it was the Armed Forces of Ukraine that exhausted the Russian groups and continue to confidently put pressure, having taken away the strategic initiative.

If you ask me, Germany did not think about the consequences of their dependence on Russian energy.
Sure they had planned to move towards green energy or alternative energies, but not as fast as they should have to avoid the backlash from the Ukraine war.

Also, I am not sure how to feel on Germany being afraid of nuclear energy, look at France for example, they have managed to turn nuclear energy into a reliable part of their power generation.

In contrast, Russia is steadily reducing oil and gas exports against the West. Germany is one of the most economically powerful countries in the European Union. Germany is known as a leading country in terms of environmental friendly regulations. In Germany, the rate of energy production from solar, wind or hydropower has steadily increased. Germany once used massive amounts of fuel from coal and nuclear reactors, and Europe must now consider alternative energy systems.

While the propagandists of the terrorist country and their accomplices are engaged in intellectual masturbation on the topic "Western economies will collapse without Russian gas / oil", the Russian economy is actively and irreversibly destroyed

Oil and gas revenues, which formed more than 40% of ALL budget revenues of the country of the world terrorist, fell down, and irreversibly.

For December 2022, Russian "achievements" in the oil and gas market:
1. Natural gas futures - down from 7.3 to 3.7 (Feb. '23 (NGG3), easy to check)

2. Urals oil - the price fell to $50 per barrel (+/- a couple of dollars). This is the "buy here and now" price. WITHOUT DISCOUNTS. "Brotherly" China and India are raping the Russian economy, forcing the Kremlin to sell a barrel of useless oil at a 50% discount. In total, the real price (as I predicted a couple of months ago) has fallen for these "friends and helpers of Russia" to $25 per barrel! Yes, if you look at the budget of a terrorist country, the price for a non-divisional budget is 75-80 dollars per barrel!
This is despite the fact that the Kremlin ghouls were squealing "we will not sell oil at the price set by the EU of $60!"...Maybe they meant $50?

3. Germany COMPLETELY abandoned Russian oil, gas, coal! And this is an irreplaceable loss for Russia! The EU economy simply crossed out Russia as a supplier of hydrocarbons to the EU. Until the end of 2023, all other countries will completely abandon Russian bloody oil and gas.
4. The special military operation is going on so successfully, and all the tasks set for 2-3 weeks are being fulfilled, that by the 11th month of this "short and victorious" war, Russia has lost almost in full the first strike force of about 200,000 most capable units of the regular army. The first mobilization turned another 300,000 Russians into corpses and cripples. Now Russia is closing the borders for males, because. "heroic Russians who supported the SVO" for some reason began to scatter like cockroaches of their toxic country And someone needs to be sent to slaughter, the Kremlin ghoul has not yet played enough in the war ... So, the second mobilization began in Russia, which I quite accurately predicted back in the fall , and even named the period - December 2022 / January 2023! At the same time, the second mobilization does not officially exist, because. the first one has already ended, and "will not continue", according to the most honest leader of russia
Now, under rusty machine guns, they will put from 300.00 to 500.000 citizens of Russia. The goal is to try to shower the Ukrainian Armed Forces of Ukraine with at least the meat of their citizens. The third wave will also be, it will also be denied, and it will begin around the spring (now I can’t say for sure - there is no complete data on new deliveries of Ukraine’s partner countries in weapons, so it’s difficult to calculate the rate of disposal of terrorists ).

In total, from February 2022 to the end of 2023, approximately 1.5-2 million of the most productive male population will be destroyed or crippled in Russia, and approximately 5 million more have already left the country "heroically".
Tell me - for a country with a population of 85-95 million people, the loss of 7-8 million able-bodied population is not a terrible blow to the economy? Provided that the population of Russia is very old, there is no increase, the birth rate is lower than mortality (even natural, without taking into account the war spread by Russia)! At the same time, Russia occupies a leading position in the incidence and spread of such diseases as AIDS, tuberculosis, sexually transmitted diseases (which the whole world has already forgotten about), and alcoholism.

QUESTION: so where is the real crisis with irreversible processes?

PS why 85-95 million people? Because - 140 million of the population of Russia - this is another fake that is easy to check

Print more money? ? ? It can only be said that inflation is starting to explode a little bit.
The European Union’s energy is indeed a bit difficult because of this winter. The high electricity bills will also force the chemical and mechanical industries in Europe that consume a lot of electricity to shut down and stop production. Germany’s export orders have dropped significantly due to the shortage of electricity. Some miners have abandoned the site to work elsewhere.

According to Bruegel, a Brussels based think-tank devoted to policy research on economic issues, the estimated cost on Europe for facing this energy crisis has been roughly $1 trillion so far (part of it is money printing and future inflation).
This is on top of all the industries they shut down to reduce the aid the government has to pay to try and reduce that cost and it still is massive.

The energy shortage is still a serious threat too. So far with the industries shutting down it has helped by massively decreasing the consumption (50 billion cubic meters) but the threat is still there since EU doesn't have enough supply or suppliers ("a potential gap of 27 billion cubic meters in 2023"). For example Germany’s network regulator stated in December that "not enough gas is being saved and two of five indicators, including consumption levels, have become critical."
Europe still heavily depends on Russian gas. The smaller amount they directly receive from Russia through Ukrainian pipelines that are being shelled every day and can be cut off at any moment to the LNG they buy from Russia and from Russia through China(!) at higher price that could be cut off too, either by Russians not wanting to sell it or by Chinese using Covid as an excuse to not sell it or if they simply decrease their export levels.
The other risk Europe faces is if other countries start importing more gas creating supply shortage for EU, like Japan that is currently working on a massive "strategic reserve" and plans to increase their LNG imports even more than it currently is.

https://www.bloomberg.com/news/articles/2022-12-18/europe-s-1-trillion-energy-bill-only-marks-start-of-the-crisis
https://www.imf.org/en/Publications/fandd/issues/2022/12/beating-the-european-energy-crisis-Zettelmeyer

It is true that money printing doesn't really help with economy, but if you truly believe that you should not work with Russia and also go with Clean energy at the same time for better world in the future, you have to go through some terrible times. That is the problem, like when my nation was first freed and founded, we had to go through horrible times, our parents and so forth all lived through hell, it was disgusting conditions, and there are even some who live like that now, but thanks to those horrible times, the future was better and we are living better.

If EU wants clean world, they have to live through hell a bit, and their "hell" is our best citizens, even the unemployed person in Germany lives a better life than most people here.

Out of the loop and back to topic at hand.
European countries are getting deeper in debt as the energy crisis worsens. For example Germany is going to set a record high debt of $539 billion according to bloomberg [1]. This is more than pandemic debt and even more than the 2008 financial crisis debt with all the bailouts and everything!


The other problem that is piling on everything is the NATO weapons storages getting empty. Multiple officials already expressed concerns. On one hand they have to build more weapons and equipment than their capacity allows to fill the gap, on another hand they have to donate more than they can manufacture while US keeps pressuring them to spend billions they don't have to build more (NATO budget is to be increased by 25%).

[1] https://www.bnnbloomberg.ca/germany-to-issue-record-539-billion-in-federal-debt-next-year-1.1859093

The classical school of Russian journalism - the facts aside, the main thing is to pour on the opponent and repeat your fakes in order to at least somehow weaken the opponent's position.  It's not difficult for me to answer your new, unsuccessful attempts to get out of the situation to the second one, you pushed yourself and now you are not comfortable ! Let's start

"This only works for sophisticated equipment like an air defense battery, radar or fighter jet (like the F35), not for a ridiculously simple single target drone like these drones." - no, Shahed-136, it's not a primitive UAV , with hand-launched. This is a whole complex. The drone itself has a weight of up to 200 kg, it is launched from the launch platform. It has 2 guidance and trajectory control systems - using GPS for targeting, and a trajectory retention system for sections where electronic warfare is working, or there is other interference (it just flies in a straight line, waiting for a signal to appear). The system is unilateral, without adjustment. The case is made of a composite, though it's not plastic, but something like a pressed paper base impregnated with epoxy resin or something similar. The launch is made from launchers in which several dozen UAVs can be located at once. Plus, they are launched at the same target along different routes, and Russian martinets are trying to track their passage. That is why we do not publish the license plates of your UAVs, so that it is impossible to find out which route turned out to be "effective" ... So this is not the easiest product. So, inside the downed "mopeds", 70-80% of the units actually have mostly English-language markings (well, at least because Iran cannot produce this, and buys many components in other countries according to "black" schemes). But the assembly, testing and quality control is clearly local, which gives out part of the marking "You should ask your military about this." - this is how I work with them, which is why I have access to the remains of downed or captured equipment, and personally I participate in the "opening" and reverse engineering of these devices. We already know a lot about them!

"In fact, this is another proof that Iran is not at all involved in this, otherwise they would have provided our other versions of the drones, which are designed to operate at very low temperatures" and decided to continue to "turn on the fool" ... But that's your business, we know for sure what Iran supplies! Regarding other models - excellent - you confirmed that there are "high-temperature" and "low-temperature" modifications, which was what was required to be proved And the fact that Iran delivered the wrong models to miserable Russia - so what's wrong with deceiving Russia? Terrorists can be deceived! For this alone, it shows the quality of the "friendship" of Iran and Russia

"Looking forward to it." - do not worry, I will not deceive, I will definitely publish - I'm not the Russian media! And I will also be there, just pixelate a little

"Ukrainian SSR was part of the USSR, This launders all the crimes committed by Ukraine, lol."
You really need to talk to a psychiatrist or historian Once again, for those who do not understand English well: the Ukrainian SSR is part of the republics of the USSR that did not have the right to do anything on their own, to conduct foreign economic relations. Planning, and subsequent and control of the sale of weapons for Iran, which then, with its help, killed your citizens, is the work of the Kremlin gang, which centrally controlled everything in the USSR. Maybe in the form of drawings, how to draw an explanation for children? You tell me - it's not difficult for me!  And now it turns out that you are helping those who helped your enemies to kill your citizens! You are just "well done"!

"Reading your posts about how you deny all the crimes that Ukraine" - unlike you, I even recognize the crimes that my father, while serving in the USSR Armed Forces, committed in Afghanistan. I feel great guilt for this, and it disgusts me that my father was involved in this ... And I will condemn any crimes, because for me there is no division into friends and foes! For me, the law is the same for everyone. But you're just trying to lie primitively, trying to get out. Despite the fact that I have repeatedly asked for at least some facts and arguments about the participation of Ukraine in such crimes, you have not provided anything other than another batch of fakes and a repetition of the previous ones. This is the behavior of a weak person - to deny their actions, deny crimes, and invent "crimes" of the other side in order to somehow reduce their guilt. But by doing this you only show your true soul ....

"Thanks to your support for the apartheid regime that kills children in Palestine" - The APARTHEID regime that kills children in PALESTINE?
I will teach you for free :
"Apartheid is the official policy of racial segregation carried out by the National Party that ruled the Union of South Africa and the Republic of South Africa from 1948 to 1994." I am waiting for your clarifications on where we cooperate with them and how we kill children in Palestine?!
Seriously, no offense - good psychiatrist, it's not expensive !

There is no official figure of how many people are killed in Afghanistan and Iraq in the name of war for bringing democracy and ending terrorism. Its so shameful for humanity that there was no voice for people of Afghanistan and Iraq from western side since those war were serving there purpose.
While anything going wrong in China, Russia or Iran is highlighted by western media alot. Just because these counties are not in good relationship with EU and USA. This is nothing but just hypocrisy.

You keep digging a deeper hole with increasingly hostile language...

That only works for complex equipments such as an air defense battery, a radar or a fighter jet (eg. F35) not for a ridiculously simple drone that has a single purpose such these drones. If anything is changed about these, they become a different product entirely. For example a shorter range and faster speed would be Toofan 2 which looks very similar to Shahed-136, a bigger warhead faster speed and different control makes it Saeghe 1 & 2, lighter faster and smaller versions are Ababil family.

You should ask your military about it
But be careful who you ask though, (according to the Syrian Al-Watan news citing military officials) a lot of those fighting in Ukrainian army these days are Takfiri terrorists from Syria who were promised land. They think of you as an infidel and would cut your head off because that would help them go to heaven!

The Ukrainian officials made this claim a while ago so how could I not have heard it
This is actually another proof that Iran is not involved in this at all otherwise they would have given our other drone versions that are designed to work in very low temperatures that parts of Iran experience specially close to borders where these drones have to operate and provide security. Temps such as -46°C.

Looking forward to that.

That washes all the crimes committed by Ukraine LOL.
What about Afghanistan and Iraq? Maybe Ukraine is still part of USSR and that bloodshed in middle east was also USSR fault

Reading your posts on how you deny all the crimes that Ukraine has committed over the years in dozens of countries from cooperation with Nazis during WWII to supplying Iraq's dictator Saddam all the way to sending the third largest number of terrorists to Iraq to murder people.
Specially with your support of the apartheid regime killing children in Palestine and your direct contact with those terrorists, you are starting to change my mind that maybe Russia was right about wanting to denazify Ukraine!