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Topic: EU solution to energy crisis: print more money and ensure economic crisis! (Read 998 times)

legendary
Activity: 3472
Merit: 10611
Printing money certainly stokes inflation, but it's about balancing economic stability and relief for governments now. Germany's 200 billion euro energy package is, for example, part of the necessary greater fiscal support to make sure industries do not fold under increased energy costs. Yes, it's temporary, and there are valid fears that inflation will spill well into 2024 as these supports are unwound by governments.
Well, I started this topic back in 2022, which means it was not temporary. Roll Eyes Things might not be as bad as the peak of the energy crisis but they are still very bad and continue on that path simply because of all these crisis (energy, economical, food crisis, armed conflict, ...).

They bigger their budget deficit, the more they'll print money and the more they print, the worse the situation will get. Nowadays they are increasing their expenses (due to the conflicts they support, like the genocide in Gaza) which means more deficit. So nothing has changed...
legendary
Activity: 2268
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Fully fledged Merit Cycler - Golden Feather 22-23
IMHO, it is overly simplistic to say the excessive money printing is the sole reason behind inflation and energy crises.

Let me further simplify it.

The ultimate cause of inflation is government deficit.



Do you really believe that the chokes in the supply chain due to COVID caused this shift in the global economies that led to the purchasing power of the median man in the street?
Saving banks and big corporations with money printing actually saved the government's closest businesses (Banks, big industries) while defrauding common people by devaluing the numeraire denomination currency for their assets.

sr. member
Activity: 1400
Merit: 268
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IMHO, it is overly simplistic to say the excessive money printing is the sole reason behind inflation and energy crises. While governments did indeed inject a lot of money to keep industries afloat, especially in Europe, there are other causes that have contributed to rising costs, including the ongoing war in Ukraine and the disruption of energy supply. Take, for example, the energy crisis in Europe which led by the sanctions on Russia, those cut off a fat slice of gas supply and raised prices across the continent. These are far bigger triggers than just monetary policy.
Printing money certainly stokes inflation, but it's about balancing economic stability and relief for governments now. Germany's 200 billion euro energy package is, for example, part of the necessary greater fiscal support to make sure industries do not fold under increased energy costs. Yes, it's temporary, and there are valid fears that inflation will spill well into 2024 as these supports are unwound by governments.

Moreover some protests are absolutely going on, but they are driven by high energy prices, inflation, and falling real wages for a lot of things. It is not just money printing, it is structural energy issues, disruptions of global supply chains that are not going to be fixed overnight.
sr. member
Activity: 2352
Merit: 245
If Germany had not thought to use oil and gas in large quantities from Russia, then it would not have supported the construction of the Nord Stream almost until very recently. In Europe, they planned to switch to alternative energy sources, but gradually, stretching this pleasure for more than a dozen years. Russia's attack on Ukraine has confused all plans, and not only Europe.
As for nuclear energy, nuclear power plants are very sensitive to natural disasters. How would Turkey feel now during the current earthquakes, if there were many nuclear power plants on its territory? Therefore, the energy of both the sun and wind is much safer.
EU learning to use alternative energy is much better solution than printing more money. Do they really think that an economic crisis could lessen the problem in energy? I think it will only make it worse. There's even a saying that making another problem, won't solve the previous problem. Nuclear power plants on the other hand are actually safe. Surprising isn't?

And then each nuclear power plants are located to an isolated area, very far away from the people or in the city so don't worry in case there are earthquakes and other natural calamities but no doubt that natural energies which came from the sun, wind water, heat, and alike are still much safer and more better to use.

Current nuclear energy, based on nuclear fission, is very dangerous, as demonstrated by the accidents at the Chernobyl Nuclear Power Plant in Ukraine in 1986 and at Fukushima-1 in Japan in 2011. They still make themselves known with their negative consequences.

But there is also a safer nuclear energy, which is based not on the fission of matter nuclei, but on their fusion, synthesis. Such a reaction occurs on our Sun.

Moreover, thermonuclear fusion is capable of generating four times more energy per kilogram of fuel than nuclear fission (used in nuclear power plants) and almost four million times more energy than burning oil or coal.
This type of energy is now the most promising along with the "green" energy of the sun, wind and other renewable sources.
legendary
Activity: 3752
Merit: 1864
Germany, following the results of the Second World War, was totally destroyed. Industry, infrastructure, major cities were destroyed ... Plus, the USSR alone took out (one can say that it unilaterally awarded itself reparations) took thousands of industrial enterprises to the territory of the USSR.
Also, the USSR took out a huge amount of material and cultural values (from banks, vaults, museums, private collections and other sources), both at the state level and by soldiers of the USSR army.
I assume you are from Russia, welcome, I have spent around two years in your country.
....


It's close, but not exact Smiley
I was born on the territory of the USSR, on the territory of the republic of the RSFSR (now this fragment of the USSR is called the Russian Federation). I was lucky, as a child I left this dull place for a while, lived for 4 years in Europe, although it was part of the Warsaw Pact, and returned to the USSR, but not to the RSFSR, but to the Ukrainian SSR (today's Ukraine).
At the same time, I still have relatives in the RSFSR / RF. And until 2014, I visited the Russian Federation and they came to Ukraine. This is such an introduction to make it clear that I know well what the USSR is, what the modern Russian Federation is and what Ukraine is Smiley

I will say right away - Ukraine is certainly not the most ideal country, but a country that has turned its back on the "Soviet ideology" and has chosen the path of development along the European / Western path. Whether we are changing our lives for good or bad is a matter for discussion. But at least we began to move away from the obviously negative vector - an alliance with Russia, and "the Soviet Union number 2."

But Russia, indeed, as you say - HAD a chance to become the largest economy in the world. A technologically advanced country with a high standard of living. Yes, there are resources, and it seems like the heritage of science and technology of the USSR ... But totalitarianism and "genetic craving for the king at the head" led to what you are seeing now ... Degradation, corruption, theft, tyranny of the authorities, in fact, a slave-owning system, tyranny and as it turned out - total fakes in everything - from the economy to the army ....
Smart people - they left Russia a long time ago and live beautifully and happily in the EU, the USA, Canada, and in many other countries ... The rest chose "an empire, greatness, and so that the whole world is afraid of this empire" ...
The results you see how it ends. The result will be a loud pop of the bubble, even louder than the bursting of the USSR.
legendary
Activity: 2660
Merit: 1074
If Germany had not thought to use oil and gas in large quantities from Russia, then it would not have supported the construction of the Nord Stream almost until very recently. In Europe, they planned to switch to alternative energy sources, but gradually, stretching this pleasure for more than a dozen years. Russia's attack on Ukraine has confused all plans, and not only Europe.
As for nuclear energy, nuclear power plants are very sensitive to natural disasters. How would Turkey feel now during the current earthquakes, if there were many nuclear power plants on its territory? Therefore, the energy of both the sun and wind is much safer.
EU learning to use alternative energy is much better solution than printing more money. Do they really think that an economic crisis could lessen the problem in energy? I think it will only make it worse. There's even a saying that making another problem, won't solve the previous problem. Nuclear power plants on the other hand are actually safe. Surprising isn't?

And then each nuclear power plants are located to an isolated area, very far away from the people or in the city so don't worry in case there are earthquakes and other natural calamities but no doubt that natural energies which came from the sun, wind water, heat, and alike are still much safer and more better to use.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
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.

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.


If Germany had not thought to use oil and gas in large quantities from Russia, then it would not have supported the construction of the Nord Stream almost until very recently. In Europe, they planned to switch to alternative energy sources, but gradually, stretching this pleasure for more than a dozen years. Russia's attack on Ukraine has confused all plans, and not only Europe.
As for nuclear energy, nuclear power plants are very sensitive to natural disasters. How would Turkey feel now during the current earthquakes, if there were many nuclear power plants on its territory? Therefore, the energy of both the sun and wind is much safer.

Germany is indeed in an acceleration process of the transition plans towards clean energy after all these attacks on Ukraine soil. Ironically, despite of this Germany has one of the biggest reserves of mineral coal of Europe and the world, they have been counting on them in case things go out of control for a short period of time, actually they have been mining coal, just in case.

Also, Fusion energy (if commercially available) could be a safe replacement to fission facilities.

sr. member
Activity: 2352
Merit: 245
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.

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.


If Germany had not thought to use oil and gas in large quantities from Russia, then it would not have supported the construction of the Nord Stream almost until very recently. In Europe, they planned to switch to alternative energy sources, but gradually, stretching this pleasure for more than a dozen years. Russia's attack on Ukraine has confused all plans, and not only Europe.
As for nuclear energy, nuclear power plants are very sensitive to natural disasters. How would Turkey feel now during the current earthquakes, if there were many nuclear power plants on its territory? Therefore, the energy of both the sun and wind is much safer.
legendary
Activity: 3472
Merit: 10611
this is partly because between 2015 to march 2016 about 700 million euros was printed and circulated.
That is too long ago. Try the recent past like from 2019 till today (during COVID19 pandemic and the Russian conflict with NATO) and try trillions printed not millions. For example UK national debt alone grew from about 1.8£ trillion to 3.7£ trillion over past 3 years. This is while between 2016 and 2019 it only went from 1.65£ trillion to 1.8£ trillion.
member
Activity: 104
Merit: 10
Steady grinding
The relationship between the EU conglomerate is quite commendable because considering the current hike in gas prices it would have only been natural for the Euros to colapse to the dollar but its still maintaining parity. this is partly because between 2015 to march 2016 about 700 million euros was printed and circulated. this had and has helped member states to be cocooned from the the pressure of energy and other economic crisis and also debts of all member states will be reduced because they will buy back the bonds
hero member
Activity: 882
Merit: 792
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Germany, following the results of the Second World War, was totally destroyed. Industry, infrastructure, major cities were destroyed ... Plus, the USSR alone took out (one can say that it unilaterally awarded itself reparations) took thousands of industrial enterprises to the territory of the USSR.
Also, the USSR took out a huge amount of material and cultural values (from banks, vaults, museums, private collections and other sources), both at the state level and by soldiers of the USSR army.
I assume you are from Russia, welcome, I have spent around two years in your country.
I want to remind you that those facts only strengthen what I say. USSR alone took all of that as you say, okay, right but still why is the quality of life in your country so low? Why are there so many alcoholics, why is the life outside of Moscow and Saint Petersburg absolutely terrible? You have all the resources + took the resources from Germany and still life is shit.
If you have such a good state, why is there high demand from students in your country to study abroad in Germany, USA, UK?
Do you really like the look of your soviet architecture when you go outside? Do you really find joy when you go outside and see these buildings?



By the way I want to remind you that Germany had an unbeliveable hyperinflation. It was so severe in 1920 that a waiter would stand up on a table every 30 minutes to call out the new prices. And imagine, in one century Germany, after the ww1 and ww2, managed to become forth largest economy in the world. Don't underestimate Germany and German people.
That's true but you need to expand your view instead of focusing on one country; everywhere you look in the history you see the same rise and falls repeated over and over again. Empires rise and rise until some day they fall and then from those ashes they rise again.
That's absolutely right.
legendary
Activity: 3472
Merit: 10611
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
Since you don't live in Europe, you can chill and relax.
Despite some other users insisting on changing the subject, I'm trying to analyze The Big Shuffle that is taking place on a global scale affecting everyone who is living on earth! Such big changes have always affected everyone in history, specially when the World Order is being replaced.

In my opinion what happens to Europe in the next couple of years is the defining factor in the New World Order, hence the focus on Europe.

By the way I want to remind you that Germany had an unbeliveable hyperinflation. It was so severe in 1920 that a waiter would stand up on a table every 30 minutes to call out the new prices. And imagine, in one century Germany, after the ww1 and ww2, managed to become forth largest economy in the world. Don't underestimate Germany and German people.
That's true but you need to expand your view instead of focusing on one country; everywhere you look in the history you see the same rise and falls repeated over and over again. Empires rise and rise until some day they fall and then from those ashes they rise again.
full member
Activity: 1134
Merit: 140
This is not some ancient history we're talking about, it's all recent. They recently went on a money printing spree during the pandemic and the consequences of it are being felt today in form of economic crisis. Euro, Dollar, Pound, etc all got dumped because of it and yet to solve the energy crisis they decided to print even more money and inject it into the industry to artificially lower the price for a short time; the reduction is not even that significant and we already know the consequences of market manipulation like this!
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.
Yeah usually economic issues are interconnected and cannot be solved by addressing one problem alone. To solve the energy crisis, policymakers need to address not only the monetary aspects, but also the technological and environmental aspects. In general, it's important for individuals to stay informed about economic policies and developments, and to consider the potential long-term consequences of these policies on their own financial well-being.
legendary
Activity: 3752
Merit: 1864
Since you don't live in Europe, you can chill and relax.
By the way I want to remind you that Germany had an unbeliveable hyperinflation. It was so severe in 1920 that a waiter would stand up on a table every 30 minutes to call out the new prices. And imagine, in one century Germany, after the ww1 and ww2, managed to become forth largest economy in the world. Don't underestimate Germany and German people.

Germany, following the results of the Second World War, was totally destroyed. Industry, infrastructure, major cities were destroyed ... Plus, the USSR alone took out (one can say that it unilaterally awarded itself reparations) took thousands of industrial enterprises to the territory of the USSR.
Also, the USSR took out a huge amount of material and cultural values (from banks, vaults, museums, private collections and other sources), both at the state level and by soldiers of the USSR army.

This is what I mean - Germany was totally deprived, left without means of subsistence and should not only "not get up off its knees", but in general never recover ... But already in the second half of the 60s of the 20th century, through 15 years after the state described above, the German economy has become the leader of the European economy!
And someone has now decided that economic terrorism, with a free market, can somehow greatly affect Germany ?! Smiley))
hero member
Activity: 882
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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
Since you don't live in Europe, you can chill and relax.
By the way I want to remind you that Germany had an unbeliveable hyperinflation. It was so severe in 1920 that a waiter would stand up on a table every 30 minutes to call out the new prices. And imagine, in one century Germany, after the ww1 and ww2, managed to become forth largest economy in the world. Don't underestimate Germany and German people.

- 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
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.
Yes, this winter was great! The max temperature was -12°C in my area. The average temperature during the three cold weeks was -7°C, after that it become pretty warm and in the new year's eve it was pretty warm outside. It's pretty warm since that day, up to 10°C.

legendary
Activity: 3752
Merit: 1864
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 Smiley

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"
It is not appropriate to use language that promotes violence or denigrates entire countries or groups of people. It is important to approach conflicts and political issues with respect and empathy, and to avoid language that dehumanizes or demonizes others. It is also important to consider multiple perspectives and to avoid making assumptions or jumping to conclusions based on limited information. While there may be many factors at play in a conflict, it is important to seek out accurate and unbiased information, and to consider the complexity of the situation.

I would encourage you to engage in constructive dialogue and to seek out solutions that promote peace and understanding, rather than promoting further conflict and animosity.

Stop stop. Let's be honest if it's about the rules. I said only about REGIME and CRIMINALS.
Now, if I wrote in this post - all the inhabitants of Russia are terrorists, and the countries (and gave a list of countries and peoples) - their accomplices and also terrorists, I would be wrong, I completely agree here!

Tell me - the shooting of peaceful cities, with the murder of civilians, in residential buildings - in your opinion, what is it politically correct to call it? To me, this is a CRIME. The crime of the ruling regime, the STATE with power, which leads the armed forces that directly carry out these terrorist attacks.

If I'm wrong somewhere, or lied - I'm ready to apologize and correct the text!
But give an example where I "promote violence" (responsibility in court, and punishment for crimes - is it propaganda of violence?) Or where I denigrate entire countries or entire peoples?

"hasty conclusions based on limited information" - are you serious? I live in Kyiv, my friends are in Dnipro. In November, a shock wave hit my windows from the explosion of rockets that exploded a few kilometers from my house, and the park in front of my house was littered with fragments! Yesterday in the city of Dnipro, my friends personally filmed a rocket hitting a RESIDENTIAL building! I was in Bucha and Irpin immediately after their release, I can show you photos that the media will never show. And I can show a video with the phone of Russian soldiers. Believe me - this is worse than any horror movie, they did it in reality, how wildly they mocked the inhabitants of these cities and filmed it on video, in the hope that no one would ever know about it, and the West would continue to "express concern" !!!

I served in the Territorial Defense of Kyiv, and I saw it all with my own eyes!
legendary
Activity: 2086
Merit: 1058
~snip~
Basically Russia got sanctions and all during the early days but people were not ready to handle energy crisis right away, so it took us all this time, nearly a whole year to make sure that we do not need them anymore.

But from energy to wheat to everything else, whatever Ukraine is still selling, everyone is buying it, and then turn around and pay them some more to help fight off Russia. So that means energy crisis could be a real issue, prices could be, and economy could be not so awesome right now, but at least the war against Russia, the "big bad evil" of the world (you may disagree, that's just the narrative now) is being beaten and they find it worth it.
newbie
Activity: 40
Merit: 0
Reduce natural gas and propane usage with the stuff I put in my other post. https://bitcointalksearch.org/topic/us-safety-agency-eyes-ban-on-gas-stoves-as-health-concerns-mount-5434488
I forgot to mention that it should not to be used on clothes dryers.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
The way EU is trying to solve this is almost the same way my country is also trying to solve to issues with our local currency.

My country is just not so long ago redesigned our local currency in the hopes of those holding the old note outside the bank to bring them back to bank and hopefully the currency would become more valuable.
hero member
Activity: 2688
Merit: 588
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 Smiley

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"
It is not appropriate to use language that promotes violence or denigrates entire countries or groups of people. It is important to approach conflicts and political issues with respect and empathy, and to avoid language that dehumanizes or demonizes others. It is also important to consider multiple perspectives and to avoid making assumptions or jumping to conclusions based on limited information. While there may be many factors at play in a conflict, it is important to seek out accurate and unbiased information, and to consider the complexity of the situation.

I would encourage you to engage in constructive dialogue and to seek out solutions that promote peace and understanding, rather than promoting further conflict and animosity.
sr. member
Activity: 2660
Merit: 339
This is not some ancient history we're talking about, it's all recent. They recently went on a money printing spree during the pandemic and the consequences of it are being felt today in form of economic crisis. Euro, Dollar, Pound, etc all got dumped because of it and yet to solve the energy crisis they decided to print even more money and inject it into the industry to artificially lower the price for a short time; the reduction is not even that significant and we already know the consequences of market manipulation like this!
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.
legendary
Activity: 3472
Merit: 10611
#whataboutism
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),
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.

where women get beaten to death for not covering their heads properly.
Have you even been to Iran or are you just parroting what the Western mainstream media tells you? Grin
legendary
Activity: 3752
Merit: 1864
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 Smiley

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"
legendary
Activity: 1722
Merit: 5937
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. Wink
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.
legendary
Activity: 3472
Merit: 10611
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.  Grin
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. Wink
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" Grin
legendary
Activity: 1722
Merit: 5937
- 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
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.


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.
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.  Grin

legendary
Activity: 3472
Merit: 10611
How much worse the ongoing protests in Europe are going to get in the future when inflation caused by today's crazy money printing hits their countries? The inflation is already at its highest in decades in the Union where poorer countries specially in Eastern Europe face the worse of it which leads to riots every day.

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'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...
legendary
Activity: 3752
Merit: 1864
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
hero member
Activity: 1974
Merit: 534
How much worse the ongoing protests in Europe are going to get in the future when inflation caused by today's crazy money printing hits their countries? The inflation is already at its highest in decades in the Union where poorer countries specially in Eastern Europe face the worse of it which leads to riots every day.

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.
full member
Activity: 2142
Merit: 183
Energy problems are getting more serious as the temperature drops.

Case in point UK. There has already been a bunch of small power outages over the past couple of weeks especially in South and South East England like Sussex. The National Grid warning last night was the proof of this electricity shortage which they manually had to cancel to prevent panic especially after they had warned last month about the 3 hour blackouts during the coming winter this year.

Unfortunately they can't solve this problem by throwing money at it...

https://www.nottinghampost.com/news/uk-world-news/national-grid-automated-blackout-warning-7854404


Dear pooya87 - your feelings for Britain, Germany and other countries are so touching! Smiley

Tell me - what about the problems of heating, heating, gas supply, a normal standard of living, the degradation of the social sphere, the degradation of medicine, an increase in mortality, a drop in the level of medicine. the collapse of the economy, which has been going on for 2 decades, in your country - do you not bother at all? Or is it because of the understanding that the government of your country is generally indifferent to what is happening inside the country, and how people live, and there will be no solutions to these problems from the word "completely"? All for the fight against NATO, the fight against LGBT, the fight against freedom, the fight against independence, the fight against the rights of people, the fight against the hostility of the "Russian world" and the fight against the good life in other countries? Smiley

By the way - why not a word from you about the "amazing" budget of the Russian Federation for 2023, in which spending on social programs, medicine, education was sharply reduced, reduced on everything, and increased on terrorism and the suppression of internal protests? Or are you not interested? Smiley
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.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
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.

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.

member
Activity: 165
Merit: 21
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.
legendary
Activity: 3752
Merit: 1864
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 Smiley

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! Smiley 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? Smiley

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 Smiley 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! Smiley 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 Smiley
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 Smiley).

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 Smiley
newbie
Activity: 42
Merit: 0
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.
legendary
Activity: 3472
Merit: 10611
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
legendary
Activity: 2338
Merit: 1124
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.
legendary
Activity: 3472
Merit: 10611
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
legendary
Activity: 3752
Merit: 1864
.....

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 Smiley

"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 Smiley "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! Smiley

"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! Smiley Regarding other models - excellent - you confirmed that there are "high-temperature" and "low-temperature" modifications, which was what was required to be proved Smiley 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 Smiley

"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 Smiley

"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 Smiley 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"! Smiley

"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?Huh
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?! Smiley
Seriously, no offense - good psychiatrist, it's not expensive ! Smiley
full member
Activity: 784
Merit: 204
You keep digging a deeper hole with increasingly hostile language...

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 Cheesy

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!

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.
legendary
Activity: 3472
Merit: 10611
You keep digging a deeper hole with increasingly hostile language...

And now the main thing is that the models that go for EXPORT are somewhat different in performance characteristics from those that are in service with the Iranian army!
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.

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You can ask your military, who work with this type of weapon
You should ask your military about it Wink
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!

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Moreover, the local version is not adapted to low temperatures. You didn't know this?
The Ukrainian officials made this claim a while ago so how could I not have heard it Tongue
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.

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Later I will show you photos with your UAVs, where there are markings in Persian.
Looking forward to that.

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the Ukrainian SSR was part of the USSR,
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 Cheesy

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!
legendary
Activity: 3752
Merit: 1864
"FYI Shahed-136 is remotely launched, there is no need for someone to be standing beside the launcher! That's usually a sitting pilot in a secured bunker in a far away location. That's basic Drone Warfare.
When you want to lie, you should at least get your basic facts straight."

- did I say that they stood and launched a "moped" from their knees? Smiley You understood me wrong. You probably know that in the temporarily occupied Crimea, a group of both Russian and Iranian terrorists, in uniform, was destroyed. On the Iranian side, there were specialists in working with UAVs who trained and advised the backward Russian "brothers in terrorism." But now they are all together in hell, deservedly Smiley

"It's funny that to this day I've seen hundreds of videos and images of these drones in the skies and some from their remains after they've hit their targets. Yet not a single one of them contained any text on them in Farsi.
For your information the actual writings such as serial numbers, etc. inside and outside actual Iranian made drones are in English. Cheesy
English is used because it makes it easier for exports to about 25 countries that are currently officially buying these drones. This is also why their names are changed too. For example our Bavar-373 air defense is being sold as AD-100 (stands for Air Defense) to make it easier for target countries to understand and pronounce them."


- To be honest, I was waiting for this answer! Smiley
I explain...
To begin with, the inscriptions are not ON the UAV, but INSIDE on the components. From the outside, the Russian terrorists, in order to give themselves "technological greatness", which is of course fake, put the inscription "GERANI" on it Smiley

And here's the most important thing! You correctly noted that Iran exports UAVs. Officially. Of course, markings and other things inside such models are in the international language, English. Everything is logical, and here you are right! Do you feel where your puncture is? Not ? Smiley
And now the main thing is that the models that go for EXPORT are somewhat different in performance characteristics from those that are in service with the Iranian army! You can ask your military, who work with this type of weapon, this. But for domestic consumption - on the part of the nodes, marking using the state language! Moreover, the local version is not adapted to low temperatures. You didn't know this? Smiley That is why Russian terrorists, with the beginning of winter, until this week had problems with massive strikes by Iranian UAVs on civilians in Ukraine. Why ? Because they, UAVs, behave a little "not standardly" at low temperatures. And only now, Russian terrorists, perhaps with the help of your specialists, have managed to correct this local Iranian model for the current weather conditions.

Later I will show you photos with your UAVs, where there are markings in Persian.
Well, once again the question is - the head of the Iranian Foreign Ministry, it turns out, according to your statements, is a windbag? Smiley

"What you did was to give him your full support from September 22, 1980 to August 20, 1988. Ukraine specifically was sending him wide-body aircraft so that he could move his troops around easier among other things."
- Tell me, are you mentally healthy? I worry! No offense ! 1980-1988, the supply of weapons to Iraq was carried out by ... the USSR! And the Central Defense Industry Directorate was located in the Kremlin. At that time, the Ukrainian SSR was part of the USSR, but did not have the right to independently trade anything with the whole world. Study the story first, and then try to come up with an excuse or accusation Smiley)))

I will add: most of the weapons of Iraq, which killed the inhabitants of Iran, who supplied Iraq? I answer the USSR / Russia!

"I already know what you think they did there, you think the women and children that the armed forces of Ukraine raped and killed in Iraq were part of a peace keeping mission."
- and here please give the facts and evidence. Evidence. Or are you just a primitive liar...

"You know what, I think we should actually sell Russia drones and missiles. For real and officially and publicly and at a very large scale (tens of thousands)."
- well, here the inside of the terrorist country came out Smiley He invented and lied a bunch of historical fakes, and now he uses them as an excuse to support his "terrorist brothers" from the Kremlin ...

I never wished evil to the people of Iran, I sympathize with what is happening now. And I wish them to be freed from today's shackles.
 
But I see that in the souls of some representatives of this ancient country that gave the world a lot, there are those in whom primitive malice and terrorism live ... Time will judge us!

And for crimes and complicity in crimes, the perpetrators will still be punished! Smiley
legendary
Activity: 3472
Merit: 10611
And tell me - what did the Iranian military consultants do during temporarily occupied Crimea, near the launch containers for "Shahed 136"?
Every military in the world has someone on the ground in Ukraine studying this war and gathering intelligence about the tactics and technology that is being used between NATO and Russia. They all work anonymously and without being recognized.
But if you want to claim something like this you have to provide actual proof rather than "a Ukraine official said so".

FYI Shahed-136 is remotely launched, there is no need for someone to be standing beside the launcher! That's usually a pilot sitting in a secured bunker in a far away location. That's basic Drone Warfare.
When you want to lie, you should at least get your basic facts straight.

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And I saw “mopeds” (as we call Shahed 136, because of its specific noticeable sound) with my own eyes, including the insides, markings and inscriptions inside the drone ... I didn’t think that in Russia they write in Persian
It's funny that to this day I've seen hundreds of videos and images of these drones in the skies and some from their remains after they've hit their targets. Yet not a single one of them contained any text on them in Farsi.

For your information the actual writings such as serial numbers, etc. inside and outside actual Iranian made drones are in English. Cheesy
English is used because it makes it easier for exports to about 25 countries that are currently officially buying these drones. This is also why their names are changed too. For example our Bavar-373 air defense is being sold as AD-100 (stands for Air Defense) to make it easier for target countries to understand and pronounce them.

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You decide - did we support Saddam or destroy his militants so that he would not bomb Iran?
What you did was to give him your full support from September 22, 1980 to August 20, 1988. Ukraine specifically was sending him wide-body aircraft so that he could move his troops around easier among other things.
When he was defeated by Iranians and his usefulness ran out the tables turned and then you guys started sanctioning Iraq while hitting its military bases, airfields, etc. while disarming them. Finally invaded Iraq after about 15 years in 2003.

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I know exactly what contingent of the Armed Forces of Ukraine was in Iraq, and what tasks they were engaged in. Please write your "knowledge" about the actions of the Armed Forces of Ukraine in Iraq, and I will write what they actually did there Smiley
I already know what you think they did there, you think the women and children that the armed forces of Ukraine raped and killed in Iraq were part of a peace keeping mission.


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I won’t say anything about missiles - I didn’t see the remnants of downed Iranian missiles, I won’t insist
You know what, I think we should actually sell Russia drones and missiles. For real and officially and publicly and at a very large scale (tens of thousands).

We are already being accused of something we never did and they have even sanctioned Iran for this lie, so we might as well do it for real and make some money out of it. We already know Russians are desperate for our superior weapons specially our missiles that have pinpoint accuracy and can not be shot down by any existing ABM. Ask the US troops who were in Al-Asad airbase on 8 January 2020 for firsthand information.

But know that you guys forced Iran into selling these weapons to Russia.
legendary
Activity: 3752
Merit: 1864
3. "energy and heating crisis (except Russia)" - look how you, a resident of Iran, surprisingly positively single out Russia,
I didn't positively single out Russia, I excluded a country that has a lot of energy and doesn't need to import them compared to lots of others that do not have any energy of their own and have to buy it from elsewhere. In comparison the second group are facing a crisis (France is the latest European country that experienced blackout).

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PS The fact that Iran is more developed than Russia is what I know. Because Russia is begging drones and missiles from Iran to kill civilians in Ukraine .. By the way, this blood is on your country too ...
I've already debunked the claims about Iranian drones or missiles being used by Russia at least twice on this forum.

If you want to see blood on one's hand you need not look far. Look to your country in the 80's and how you guys were supporting Saddam, the Iraq's dictator who was bombing Iranian cities with chemical weapons. The 300,000 Iranians martyrs should be a source of shame for Ukraine.
Don't even get me started on the bloodshed by the armed forces of Ukraine in Iraq and Afghanistan and some other countries.


"I excluded a country that has a lot of energy and does not need to import them compared to many others" - yeah, i.e. you don’t know that there are a lot of reserves, but 60% of households are not gasified, many do not have central heating, huge territories suffer from low temperatures every winter, and, accordingly, people? This is the reality of Russia. Of course, they don’t need to import anything - after all, you don’t need to take care of the population anyway Smiley


"I have debunked at least twice in this forum allegations of Russian use of Iranian drones or missiles." - you did not debunk the myth, you tried to "whitewash" Iran from the crime it is committing. The problem is that I personally attended the "reverse engineering" of the supposedly Russian "Geran-2" UAV, which, for a surprising reason, is the "Shahed 136" device with the inscription "Geran-2" Smiley And tell me - what did the Iranian military consultants do during temporarily occupied Crimea, near the launch containers for "Shahed 136"? Smiley
And another question - it turns out that the head of the Iranian Foreign Ministry is a perky liar? Once officially recognized the supply of drones to Russia, but the truth denies the supply of missiles. I won’t say anything about missiles - I didn’t see the remnants of downed Iranian missiles, I won’t insist. And I saw “mopeds” (as we call Shahed 136, because of its specific noticeable sound) with my own eyes, including the insides, markings and inscriptions inside the drone ... I didn’t think that in Russia they write in Persian Smiley))

"If you want to see blood on your hand, you don't have to look far. Look at your country in the 80s and how you guys supported Saddam, the Iraqi dictator who bombed Iranian cities with chemical weapons. 300,000 Iranian martyrs should be a disgrace to Ukraine.
Don't even get me started on the bloodshed of the Ukrainian armed forces in Iraq and Afghanistan and some other countries."

You decide - did we support Saddam or destroy his militants so that he would not bomb Iran? Smiley But I will say right away - we did not supply Iraq with UAVs or weapons so that it would kill Iranian civilians in Peaceful cities, unlike Iran, which arms terrorist Russia!

I know exactly what contingent of the Armed Forces of Ukraine was in Iraq, and what tasks they were engaged in. Please write your "knowledge" about the actions of the Armed Forces of Ukraine in Iraq, and I will write what they actually did there Smiley
legendary
Activity: 3752
Merit: 1864
Japan is another country (that is basically defined in the Western Bloc) to inject a huge amount of money into the economy to artificially keep it afloat and only postpone all the problems that they are going to face for a short time. The amount is $490 billion stimulus which was approved recently [1].
It is worth mentioning that after United States, Japan has the largest national debt of whopping $15.3 trillion and a public debt to GDP ratio of 289% [2]!

[1] https://www.business-standard.com/article/international/japan-to-okay-490-billion-in-stimulus-to-cushion-impact-of-inflation-122102800189_1.html
[2] https://www.usdebtclock.org/world-debt-clock.html

Sometimes I wonder how Japan manages to stay afloat despite this huge debt burden. And with a rapidly aging population (~40% aged 65 and above), they are a declining economy. The last thing they wanted was an economic war with one of their primary energy suppliers. And the stupid regime just did that, by imposing sanctions against Russia. And I expect the Russians to kick them out of the joint energy development projects in Sakhalin and Yamal. Just when we thought that the Germans are the most stupid ones, the Japanese went one step ahead and did something even more stupid. Anyway, let them face the music during this winter (and for the next few winters as well).

Look at the level and quality of life in the Kuriles (Japanese territories temporarily annexed by Russia in 1945), and the life of Japan. I think after that, your conscience, if you have one, will squeeze your throat so that you don't say such nonsense Smiley
You talk about debt, but don't talk about economics, efficiency, technology. You are trying to compare a huge territory where, as they say, almost 40% of the natural resources of the earth, with actually stone islands where there is almost nothing. But it is the Russians who are running to buy Japanese cars, equipment, brands, and not vice versa. Compare the average life expectancy in "Great Russia" and "indebted Japan".
Japan: 11.1 per 1,000 (2020) The annual population decline is 0.191% (2009), approximately 250 thousand people. Average life expectancy - 81.5 years for men, 87.7 years for women
Russia: In 2019, the death rate was 12.3 per thousand people, and in 2020 this figure was 14.5 per thousand people. For 2022, information about real mortality rates was generally classified ... probably tends to 0 Smiley Average life expectancy is 65.5 years for men, 67.2 years for women. Higher and uptrend

And explain - how is it possible? Smiley
legendary
Activity: 3472
Merit: 10611
3. "energy and heating crisis (except Russia)" - look how you, a resident of Iran, surprisingly positively single out Russia,
I didn't positively single out Russia, I excluded a country that has a lot of energy and doesn't need to import them compared to lots of others that do not have any energy of their own and have to buy it from elsewhere. In comparison the second group are facing a crisis (France is the latest European country that experienced blackout).

Quote
PS The fact that Iran is more developed than Russia is what I know. Because Russia is begging drones and missiles from Iran to kill civilians in Ukraine .. By the way, this blood is on your country too ...
I've already debunked the claims about Iranian drones or missiles being used by Russia at least twice on this forum.

If you want to see blood on one's hand you need not look far. Look to your country in the 80's and how you guys were supporting Saddam, the Iraq's dictator who was bombing Iranian cities with chemical weapons. The 300,000 Iranians martyrs should be a source of shame for Ukraine.
Don't even get me started on the bloodshed by the armed forces of Ukraine in Iraq and Afghanistan and some other countries.
legendary
Activity: 3752
Merit: 1864
Do you think I live in Bulgaria, Ukraine or Russia? LOL These countries have high mortality rate, drop in "level of medicine", energy and heating crisis (except Russia) and low standard of living.

Iran which is where I live is actually at the bottom of the list under all of EU and a lot of other countries. To be precise it is ranked 169 among 203 countries with Ukraine being 2nd considering mortality rate according to UN stats found here. We also have the second largest gas supplies and the first largest amount of fossil fuels in total and have no issue with energy and heating thanks to the largest network of gas pipelines and the most sophisticated electrical grid in the world that reaches farthest part of the vast Iran's geography .
The only problem we have is economical (more precisely inflation) which is partly because of 6000+ sanctions against us and the cold war we've been fighting over the past 50 years and partly because of idiotic money printing policy that some presidents have chosen in the past, which is exactly why I have a lot of topics about similar idiotic money printing policies in other countries.

.....
Well Russian budget isn't really affecting the world and the changing of the World Order but the crisis in the West and deindustrialization of the West namely the US colonies does.
But feel free to open a new topic about Russian budget with actual data and your thoughts on its effects on the rest of the world. I'd be interested in reading that.

... to be honest - I don't care where you live, what your nationality, religion, sexual orientation and skin color are. Any inhabitant of the earth can carry nonsense, regardless of the criteria listed here Smiley
I especially like you, with what zeal and rapture, being in Iran, you tell me, a citizen of Ukraine living in Ukraine, what is happening to me  Grin

And now about your "facts" Smiley

1. Measles. Yes, there was a flash. But !
The consequence of the outbreak is not a low level of medicine! Although I can’t say that Ukraine has the best medicine, it’s not bad at all, at least Iranian citizens go to Ukraine in large groups to study as doctors, yes, yes, your citizens study with us, and not vice versa. Tell me - where are the values, experience and practice better? Smiley But back to measles. One of the key reasons for this outbreak in 2019 is a consequence of the anti-vaccination movement. Yes, in the west of Ukraine, there was such a movement, and this is not a problem of 2019, it started earlier. The Russian Orthodox Church (ROC) acted as a special bearer of this ideology. It was they who became the "locomotive" of this murderous movement and began to drive into the heads of parishioners from about 2014. Yes, this is a known fact, you can find references.
But let's not forget about the indicators of "high mortality" from measles!
Note: In 2019, 72 people died of measles in Europe, 16 of them in Ukraine. It's a lot ?
We read the excerpt from the WHO "Measles death rates worldwide increased by 50% between 2016 and 2019, and in 2019 this disease claimed more than 207,500 lives." Worldwide. 207,500 against a total of 31 people in Ukraine (for this period). Will you tell something else about the low level of medicine in Ukraine? Smiley
PS The Iranian authorities acknowledged the death during the protests of more than 200 people. This is 9 times higher than the death rate from measles in Ukraine over 4 years...

2. Now to the mortality rates. It is very convenient to take out of context or a couple of numbers and wave them around. But it won't work Smiley
The mortality rate in Ukraine is certainly not the lowest. But there are nuances here. If you look at the official statistics of the UN. Then we will notice that:
until 2014 - the death rate was approximately 13.4, then after 2014 - it began to rise sharply. I hope you know what happened in 2014, and what are the real reasons for the increase in mortality?
Since 2015, the modernization of medicine in Ukraine has begun, which has already given a noticeable result....

3. "energy and heating crisis (except Russia)" - look how you, a resident of Iran, surprisingly positively single out Russia, which you seem to have nothing to do with! Smiley Anyway, let's go back again .. yes, yes - to the facts Smiley

Schools where children sit in warm outerwear during lessons, hospitals where patients are covered with mattresses for heating, the highest mortality from carbon monoxide, the eternal collection of firewood throughout the country for pensioners and the needy, fires due to home-made heaters and stalagmites from frozen feces poured into windows - these are picture from ordinary Russia of the 21st century! And for many years now! Perhaps you have only seen Moscow? Then I recommend driving 50 km from Moscow - you will learn a lot of new things Smiley

PS The fact that Iran is more developed than Russia is what I know. Because Russia is begging drones and missiles from Iran to kill civilians in Ukraine .. By the way, this blood is on your country too ...
legendary
Activity: 3472
Merit: 10611
Tell me - what about the problems of heating, heating, gas supply, a normal standard of living, the degradation of the social sphere, the degradation of medicine, an increase in mortality, a drop in the level of medicine. the collapse of the economy, which has been going on for 2 decades, in your country - do you not bother at all?
Do you think I live in Bulgaria, Ukraine or Russia? LOL These countries have high mortality rate, drop in "level of medicine", energy and heating crisis (except Russia) and low standard of living.

Iran which is where I live is actually at the bottom of the list under all of EU and a lot of other countries. To be precise it is ranked 169 among 203 countries with Ukraine being 2nd considering mortality rate according to UN stats found here. We also have the second largest gas supplies and first largest amount of fossil fuels in total and have no issue with energy and heating thanks to the largest network of gas pipelines and most sophisticated electrical grid in the world that reaches farthest part of the vast Iran's geography.
The only problem we have is economical (more precisely inflation) which is partly because of 6000+ sanctions against us and the cold war we've been fighting over the past 50 years and partly because of idiotic money printing policy that some presidents have chosen in the past, which is exactly why I have a lot of topics about similar idiotic money printing policies in other countries.

By the way - why not a word from you about the "amazing" budget of the Russian Federation for 2023, in which spending on social programs, medicine, education was sharply reduced, reduced on everything, and increased on terrorism and the suppression of internal protests? Or are you not interested? Smiley
Well Russian budget isn't really affecting the world and the changing of the World Order but the crisis in the West and deindustrialization of the West namely the US colonies does.
But feel free to open a new topic about Russian budget with actual data and your thoughts on its effects on the rest of the world. I'd be interested in reading that.
legendary
Activity: 3752
Merit: 1864
Energy problems are getting more serious as the temperature drops.

Case in point UK. There has already been a bunch of small power outages over the past couple of weeks especially in South and South East England like Sussex. The National Grid warning last night was the proof of this electricity shortage which they manually had to cancel to prevent panic especially after they had warned last month about the 3 hour blackouts during the coming winter this year.

Unfortunately they can't solve this problem by throwing money at it...

https://www.nottinghampost.com/news/uk-world-news/national-grid-automated-blackout-warning-7854404


Dear pooya87 - your feelings for Britain, Germany and other countries are so touching! Smiley

Tell me - what about the problems of heating, heating, gas supply, a normal standard of living, the degradation of the social sphere, the degradation of medicine, an increase in mortality, a drop in the level of medicine. the collapse of the economy, which has been going on for 2 decades, in your country - do you not bother at all? Or is it because of the understanding that the government of your country is generally indifferent to what is happening inside the country, and how people live, and there will be no solutions to these problems from the word "completely"? All for the fight against NATO, the fight against LGBT, the fight against freedom, the fight against independence, the fight against the rights of people, the fight against the hostility of the "Russian world" and the fight against the good life in other countries? Smiley

By the way - why not a word from you about the "amazing" budget of the Russian Federation for 2023, in which spending on social programs, medicine, education was sharply reduced, reduced on everything, and increased on terrorism and the suppression of internal protests? Or are you not interested? Smiley
legendary
Activity: 3752
Merit: 1864
In order Smiley
1. No need to sow panic and try to replicate dubious "news". Yes, some people want it to be that way. It's like the hysterics of the pro-Russian media that the EU will freeze and there will be no gas. Or, as since 2014, we heard squeals that "this year, Ukraine will definitely freeze without our gas" Smiley
The EU has gas, there are reserves, there are long-term contracts in exchange for supplies from terrorist countries. Stop throwing information tantrums Smiley
2. The fact that the situation is not as simple as it was before - yes, I agree. But this is a temporary process, and it will stabilize to an acceptable level already in 2023, no matter how hard one country is a terrorist Smiley
3. Even if the EU prints money, it will remain in the EU, in the form of payments to energy, utility companies, shops and cafes, taxis and other services. The European economy will be able to digest them without giving rise to inflation.
Yes, the situation is complicated; yes, the state takes care of the citizens. This is fine.
legendary
Activity: 3472
Merit: 10611
Energy problems are getting more serious as the temperature drops.

Case in point UK. There has already been a bunch of small power outages over the past couple of weeks specially in South and South East England like Sussex. The National Grid warning last night was the proof of this electricity shortage which they manually had to cancel to prevent panic specially after they had warned last month about the 3 hour blackouts during the coming winter this year.

Unfortunately they can't solve this problem by throwing money at it...

https://www.nottinghampost.com/news/uk-world-news/national-grid-automated-blackout-warning-7854404
legendary
Activity: 3178
Merit: 1054
Just when we thought that the Germans are the most stupid ones, the Japanese went one step ahead and did something even more stupid.
That is what happens when a country has little to no independence when it comes to geopolitics and national interests. Both Germany and Japan are the losers of the second World War and have been practically occupied by United States ever since. They even "shut down" any nationalist movement like Abe in Japan if they start even thinking about independence...

japan headline news was prompted a few days ago where they are also selling their bonds and USD. they know they need to trade to Asian countries like China, they can't afford not to trade. this is an isolated country.

japan however had already taken a beating, their currency is way down but like any other country printing money is the way to go to deflate debts. printing is way peaceful way than going war and EU are done with it. they seem to realize they are not wining.
legendary
Activity: 3472
Merit: 10611
Just when we thought that the Germans are the most stupid ones, the Japanese went one step ahead and did something even more stupid.
That is what happens when a country has little to no independence when it comes to geopolitics and national interests. Both Germany and Japan are the losers of the second World War and have been practically occupied by United States ever since. They even "shut down" any nationalist movement like Abe in Japan if they start even thinking about independence...
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Japan is another country (that is basically defined in the Western Bloc) to inject a huge amount of money into the economy to artificially keep it afloat and only postpone all the problems that they are going to face for a short time. The amount is $490 billion stimulus which was approved recently [1].
It is worth mentioning that after United States, Japan has the largest national debt of whopping $15.3 trillion and a public debt to GDP ratio of 289% [2]!

[1] https://www.business-standard.com/article/international/japan-to-okay-490-billion-in-stimulus-to-cushion-impact-of-inflation-122102800189_1.html
[2] https://www.usdebtclock.org/world-debt-clock.html

Sometimes I wonder how Japan manages to stay afloat despite this huge debt burden. And with a rapidly ageing population (~40% aged 65 and above), they are a declining economy. The last thing they wanted was an economic war with one of their primary energy suppliers. And the stupid regime just did that, by imposing sanctions against Russia. And I expect the Russians to kick them out of the joint energy development projects in Sakhalin and Yamal. Just when we thought that the Germans are the most stupid ones, the Japanese went one step ahead and did something even more stupid. Anyway, let them face the music during this winter (and for the next few winters as well).
legendary
Activity: 3472
Merit: 10611
Another case of economic and energy crisis and a situation that doesn't seem to be getting any better. This is in Germany again with 4000+ protests in only 2 months. We are still in Autumn and Winter hasn't come yet.
Unless they can find an actual solution instead of denying the crisis even exists we are going to see more crisis like this and mainly the effects of the money printing today will show in form of more inflation next year.

More than 4,400 demonstrations relating to corona policy, the Ukraine war or the climate and energy crisis have taken place in Germany since the beginning of September. This emerges from figures from the assembly authorities, which WELT AM SONNTAG evaluated exclusively.

So far there is no nationwide picture of the situation on the protests, although politicians and constitutional protection officers had already warned in the summer of "threatening security situations" or even "popular uprisings" in view of the energy shortage and rising prices. The evaluation now shows for the first time: Since mid-September, more than 100,000 people have taken to the streets every week.
hero member
Activity: 1974
Merit: 534
European crisis management this year is as bad as its get in tackling the energy and economic crisis. A quick look at the Euro compared to the Dollar shows how far behind the Europeans are. The ECB waited to long to start raising interest rates and even now with 10% inflation they are very cautious. The problem is the big difference in European countries and the ECB is more afraid to ruin borrowing costs for southern European countries than to contain inflation. Printing more money is the easy fix that will only move problems into the future, instead of fixing them today. If I had any money to invest right now I would stay away from European markets and look abroad. Another big problem is that the European Union is so divided and doesn't work together properly.
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
Politicians and their weird ideas.

Christine Lagarde is the President of the ECB, and should be an über nerd on economical knowledge.
Yet these are her latest claim:



The summit of it all:

Quote
Inflation has just pretty much came out of nowhere

I have an idea about this:



The above graph shows the annual growth rate in prices i(European Inflation ex food and energy, white line) and the yearly growth rate in the monetary aggregate M2  (money inflation, orange line).

No wonder before the modern economic theory, inflation rate was the growth in money (Hayeck) , rather in prices (Keynes). Where this inflation comes? Really?
Correlation is not causation, yet it’s a very powerful  hint.

PS. Ukrainian invasion happened in February 2022.
legendary
Activity: 3668
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It's a trend that means that there's (more than enough) gas on the market,
Not on the market but in the queue. And that's the biggest problem.

The demand only went down slightly (and will go down more if more industries shut down).

The supply has gone down because the imports from Russia were significantly reduced while the replacement is almost all in form of LNG which has to be received in LNG terminals and converted before pumped into the pipeline in a very hard and time consuming process. This has made a queue of tankers on the sea waiting to dump their cargo and move to next shipment. That forces the price to go down.

This is exactly like COVID time. The demand had slightly come down while supply was still flowing. So when the terminals reached their capacity they couldn't store the oil anymore and that caused the oil price to become negative for the first time in history (AFAIK). The price of petrol and other oil products were still up though.

I don't know, if I look at the charts, both futures and spot (maybe also here) gas prices are going down since August.
This looks to me more a normalization of the markets (both supply and demand) than caused (only) by the queues of LNG tankers. But I don't know for sure.

That's a little contradictory with some news regarding blackouts in different countries (although the scale is still small) and the warning they issued about possibility of a much larger blackout before Truss left the British office.

I don't know of blackouts in EU. I remember power outages in Middle East (but I may be wrong) this summer(ish), but not in EU.

Here I guess that nobody has expected this go this well this fast (I am also surprised). Of course, it may be just a false sentiment of the market; of course, Russia can reduce further the supply and the markets will become turbulent again.
But UK is not in EU and this may matter much more than they are willing to admit. Plus, clearly, there were/are fears the electricity will become prohibitively expensive and even so it may be missing, just because some politicians thought that relying mostly on Russian gas is okay. And the politics in UK are going from bad to worse since they've left EU. Even in the days EU had no issues, UK had gas/petrol shortages (allegedly because of the truckers).

In EU now coal is also being used for electricity again. Certain atomic power plants will do their job for longer. And the gas got cheaper too. There are now reasonably good chances we'll be OK even without Russian gas. Of course, at the expense of shutting down the most power hungry industries (steel, aluminum and many others).
But UK... I don't know...
legendary
Activity: 3472
Merit: 10611
It's a trend that means that there's (more than enough) gas on the market,
Not on the market but in the queue. And that's the biggest problem.

The demand only went down slightly (and will go down more if more industries shut down).

The supply has gone down because the imports from Russia were significantly reduced while the replacement is almost all in form of LNG which has to be received in LNG terminals and converted before pumped into the pipeline in a very hard and time consuming process. This has made a queue of tankers on the sea waiting to dump their cargo and move to next shipment. That forces the price to go down.

This is exactly like COVID time. The demand had slightly come down while supply was still flowing. So when the terminals reached their capacity they couldn't store the oil anymore and that caused the oil price to become negative for the first time in history (AFAIK). The price of petrol and other oil products were still up though.

hence also decreasing the pressure on the electricity price (by also creating more electricity from that gas).
That's a little contradictory with some news regarding blackouts in different countries (although the scale is still small) and the warning they issued about possibility of a much larger blackout before Truss left the British office.
legendary
Activity: 3290
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Thick-Skinned Gang Leader and Golden Feather 2021
Politicians do whatever's good for their short-term popularity. Why face a crisis now, if you can throw money at it and push it to the next political term? Even if the inevitable crisis becomes much bigger because of this, it's not their problem anymore when it happens.

The way politicans and central banks are going reaffirms my choice for Bitcoin. They can't print it, so they fear it.
legendary
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On one hand the mainstream media celebrated the fact that gas in EU is now worth a lot higher compared to last year by focusing on price not being at ATH (kinda like those who talk about bitcoin price drop after the bubble pops)!

I think that this is an odd way to see the situation, or maybe we've read different news.

Imho the reasons for celebration may be related to the fact the price of gas has been falling, and that by a great deal. It's a trend that means that there's (more than enough) gas on the market, hence also decreasing the pressure on the electricity price (by also creating more electricity from that gas).
legendary
Activity: 3472
Merit: 10611
The news coming out of Europe has been pretty weird lately.

On one hand the mainstream media celebrated the fact that gas in EU is now worth a lot higher compared to last year by focusing on price not being at ATH (kinda like those who talk about bitcoin price drop after the bubble pops)!

On another hand they claim to have their storages full while the energy dependent industries keep shutting down around EU and the energy sector leaders talk about a severe shortage. Not to mention the power outages that are starting to happen in some European countries.

The UK has just 9 days of gas supply left, the owner of British Gas warned today - as it reopened a giant storage site ahead of winter.
Centrica said the UK has some of the lowest levels of gas storage in Europe, compared to Germany which has 89 days' worth, France at 103 and the Netherlands at 123.
That's just the best case scenarios out of the 44 European countries rest of which are facing a much worse energy crisis.
legendary
Activity: 3752
Merit: 1864
There is one popular saying that describes the essence of such a presentation of information well. Literally from Ukrainian, it can be translated as "a fool is rich in his fantasies" Smiley

Although such a presentation of information is also characteristic of all Russian media, including politicians. Okay, let's leave the mental "features" aside, let's move on to the main thing.
Provide official information about:
1. The scale of "money printing" by the indicated countries
2. Purpose of these additional financial resources

But then, on the basis of not fantasy, but reality, we will discuss what is happening?

At the same time, yes, I completely agree that during the covid pandemic, many countries that care about their population were forced to turn on "money printing", consciously understanding the risks and consequences in order to support their population and business in such a critical situations. I understand it is difficult to understand for residents of countries where the population is just biomass, and the state does not care about them at all Smiley
legendary
Activity: 3472
Merit: 10611
Japan is another country (that is basically defined in the Western Bloc) to inject a huge amount of money into the economy to artificially keep it afloat and only postpone all the problems that they are going to face for a short time. The amount is $490 billion stimulus which was approved recently [1].
It is worth mentioning that after United States, Japan has the largest national debt of whopping $15.3 trillion and a public debt to GDP ratio of 289% [2]!

[1] https://www.business-standard.com/article/international/japan-to-okay-490-billion-in-stimulus-to-cushion-impact-of-inflation-122102800189_1.html
[2] https://www.usdebtclock.org/world-debt-clock.html
hero member
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SecureShift.io | Crypto-Exchange
In fact many don't realize that printing more money isn't the solution to the global economic crisis, it will rather worsen the conditions when other factors meant to be in olace were not, aslo the first constituents to the global energy crisis is the government as well becau the they have failed to set a control system as measures to tackle the effect from the energy utilized and it's effect on the environment as a whole, whenever there's an headache, the solution doesn't start be cutting off the head, it time they repositions their target to the economic development and growth and encourage active participation from every sectors involve to build a good environment and have a dree economic flow above inflation and other disastrous factors that hinders it from progressing.

Bro these aren't ordinary citizens printing money, they are governments with access to economists in the country to give input on what will happen when such action is taken, so trust me they are fully aware printing more money isn't the solution, but they will rather take the easier way out than finding a tactical solution.
legendary
Activity: 3472
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Isn't it suitable for the short term? It's not going to be good enough for a long time. Since the economy might be even in more danger if that happens, imagine having lots of money injected into the economy and people that have nothing to do with decreasing the supply. It will be like wanting more inflation affecting everyone in the world.
Governments always choose the easiest solution for short term when facing a crisis instead of the harder long term solutions. This is why printing money has always been on top of the solution list at times like this. For example during the pandemic the choice was between a catastrophic recession and long term inflation so they printed money to avoid the former knowing they cause the later.

Right now they have the same choice to either find a replacement for Russian energy to increase the supply (and decrease its price) or to increase inflation in long term by artificially decreasing the price to solve the problem short term. I think they chose this route (ending in inflation) to try and get over winter and postpone finding an alternative energy source for next year, which in my opinion is a big gamble since there are a lot of unpredictable variables involved in that.
legendary
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Remember the pandemic? Bitcoin price was below $10k and it even went as low as $3k while they kept printing money and while people (like today) were moaning about "why bitcoin isn't mooning". Suffice it to say that bitcoin price went up 2200% as inflation showed itself more.

Politicians' solution for everything is printing money. Nothing new there.
We, bitcoiners can cry that our income is falling and the daily expenses rise and, on the other hand, we can be happy that we're bitcoiners and bitcoin price will fix this, sooner or later.
legendary
Activity: 2912
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Blackjack.fun
What's the point of this forum post? Crying and whining about the European central bank's monetary policies?
The natural gas prices in Europe actually went down recently, because the European gas storage facilities are filled up to 90%.

This is the reason why:
Eu gas and electricity prices drop 80% to 2021 level, another apocalypse averted

He got triggered by it, he hates the EU and the USA so much he is just desperate that none of them are crashing down, that nobody cares about his propaganda where germans burn wood, where they are out of sunflower oil where 150% of the companies are unemployed and al those lies.

He looks around, he sees inflation at 60%, and he sees people getting 7$ a month to buy food from the government, but it's all about Europe going to be doomed.
And when reality hits he gets so triggered sprouting nonsense like the above!
Forget gas, we don't need gas when we see the Russian and Iranian propagandists burning in their own envy flames.
copper member
Activity: 2940
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https://linktr.ee/crwthopia
Isn't it suitable for the short term? It's not going to be good enough for a long time. Since the economy might be even in more danger if that happens, imagine having lots of money injected into the economy and people that have nothing to do with decreasing the supply. It will be like wanting more inflation affecting everyone in the world.
legendary
Activity: 3472
Merit: 10611
What's the point of this forum post? Crying and whining about the European central bank's monetary policies?
Remember the pandemic 2 years ago? Whenever they start printing fiat, the value of that fiat dumps. It won't happen right away but it is guaranteed. So you'll have to use that to your advantage by expecting inflation and looking for hedges against it.
Remember the pandemic? Bitcoin price was below $10k and it even went as low as $3k while they kept printing money and while people (like today) were moaning about "why bitcoin isn't mooning". Suffice it to say that bitcoin price went up 2200% as inflation showed itself more.

They are printing fiat again and bitcoin price is $19k today.

There will be hard times ahead but I believe after the economic crisis in the West is concluded, there is a good chance that we would be seeing the biggest bitcoin rally in history specifically due to all the value that fiat will have lost by then.
hero member
Activity: 714
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In fact many don't realize that printing more money isn't the solution to the global economic crisis, it will rather worsen the conditions when other factors meant to be in olace were not, aslo the first constituents to the global energy crisis is the government as well becau the they have failed to set a control system as measures to tackle the effect from the energy utilized and it's effect on the environment as a whole, whenever there's an headache, the solution doesn't start be cutting off the head, it time they repositions their target to the economic development and growth and encourage active participation from every sectors involve to build a good environment and have a dree economic flow above inflation and other disastrous factors that hinders it from progressing.
hero member
Activity: 3164
Merit: 937
What's the point of this forum post? Crying and whining about the European central bank's monetary policies?
The natural gas prices in Europe actually went down recently, because the European gas storage facilities are filled up to 90%.
The European Union imports a tiny amount of Russian gas right now. The expectations of a global recession pushed the oil/gas prices down, so the OPEC countries decided to lower their oil production. The EU inflation rates will start lowering in 2023-2024, when the EU economy adapts to the new supply chains and the newly found "gas independence" from Russia.
I know that the European central bank reacts really slow to the inflation, but increasing the interest rates will create problems with certain countries to pay off their debts(Italy, Greece, etc.).
hero member
Activity: 1316
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Rollbit - The #1 Solana Casino
Emergency measures called for by parliament to tackle rising energy prices, including restrictions on imports of pipeline gas.
As parliament demanded in September that renewables should achieve a 45% share in the EU's energy mix by 2030, from the current target of 32%. As discussed by Morten Petersen in an interview. I think it can be a solution to the crisis they are experiencing.
source

I consider that this crisis cannot be separated from a country's excessive dependence on other countries for its needs. Regarding the EU crisis, it can be judged that the EU is too dependent on Russia for imports.
legendary
Activity: 3472
Merit: 10611


Those who don't learn from history are doomed to repeat it.
This is not some ancient history we're talking about, it's all recent. They recently went on a money printing spree during the pandemic and the consequences of it are being felt today in form of economic crisis. Euro, Dollar, Pound, etc all got dumped because of it and yet to solve the energy crisis they decided to print even more money and inject it into the industry to artificially lower the price for a short time; the reduction is not even that significant and we already know the consequences of market manipulation like this!



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In Germany, Europe’s biggest economy, the leadership is trying to spend its way out of the crisis as only it can. But even there it’s not clear the relief will be felt in time, and whether it will further wobble the country’s already deeply divided stance on how to help Ukraine and whether to work with Russia or isolate it.
They injected 200 billion euros in one of their attempts alone!
The public is already divided and angry enough, with protests breaking out all around Europe every day, yet they put a bandaid on an amputated leg! Cheesy

Not surprising that New York Times is already comparing the current crisis in Europe with World Wars era!

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That moment, it seems, is arriving as strikes and protests over the rising cost of living proliferate, ushering in a period of social and labor unrest not seen since at least the 1970s.

“We have seen this after the First World War, Second World War and also in the ’70s,” said Kurt Vandaele, a senior researcher at the European Trade Union Institute. “There were strike waves associated with a real spike in inflation.”
How much worse the ongoing protests in Europe are going to get in the future when inflation caused by today's crazy money printing hits their countries? The inflation is already at its highest in decades in the Union where poorer countries specially in Eastern Europe face the worse of it which leads to riots every day.

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In the eastern states that are among the country’s poorest, and most conservative, tens of thousands of protesters take to the streets weekly

in France, the strikes and demonstrations are gaining in intensity as a fear of eroding living standards dominates concerns, polls say.

Tens of thousands gathered in the Czech capital for the second such protest in a month, spurred by an energy crisis and rising prices that are affecting countries across Europe.

https://www.nytimes.com/2022/10/21/world/europe/inflation-prices-britain-ukraine-russia.html
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