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1641  Other / Politics & Society / Re: Russia is the source of world evil on: July 28, 2022, 05:05:58 PM
I don't know about this one, Russia bashing feels so like the 60s and 70s with the cold war. In my opinion we need to engage with any country and instead of practicing isolation, we need to try and set good examples and work on connecting our countries. Russia is after USA the second largest nuclear power in the world. No one can afford a direct confrontation with Russia. We need talks and better agreements, not threats and isolation.

  As you can see, no agreements are possible with Russia. Russia launched a large-scale war with Ukraine for the purpose of capture. And what should be the agreement with Russia? Is it really about formalizing for Russia its right to own Ukraine? Today, the fate of Europe is being decided in Ukraine, so all European countries are helping Ukraine in the war against fascist Russia, and only one agreement can be signed - the surrender of Russia, as it once happened with fascist Germany.
Alik, come to the light side of the Force, we have vodka. Grin
1642  Economy / Economics / Re: Yellen says economy shows no signs of recession on: July 28, 2022, 02:50:33 PM
Financial Times: US economy shrinks for second quarter in a row

Technically, it's a recession.
1643  Other / Politics & Society / Re: Russia Leaving the International Space Station on: July 28, 2022, 01:54:37 PM
If Russia eventually pulls out of the International Space Station, What would be the implications of this decision for the ISS's future and world economy?
It is high time to drown this rusty trough in the Pacific Ocean.
1644  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 28, 2022, 01:45:38 PM
The main problem is that the EU cannot accept the RF waging a war in Europe. To follow your metaphor, you can live a few weeks without food, a few days without water but only a few minutes without air.

In this case, air is the certainty that you countries will not get threatened and then invaded. Survival comes first, economy later. If the EU has to endure to exist, it will endure.
I appreciate your heroic pathos, but then why is NATO needed if it does not give Europe confidence in protecting itself from external threats and from invasion? And if the European Union is so worried about military actions near its borders, why does Europe supply weapons to Ukraine, thereby contributing to the prolongation of the conflict? I think you are being disingenuous.
1645  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: July 28, 2022, 11:33:24 AM
As far as I know, the practice of central heating is not very common in Europe, and each homeowner is forced to solve the issue of heating his home on his own. I hope the European Union will be able to avoid many unnecessary deaths from hypothermia this coming winter. I am Russian, but I would not approve of Putin if he allowed such a humanitarian catastrophe in Europe. No matter how aggressively European politicians behave towards Russia, ordinary Europeans do not deserve a rollback to the Middle Ages for the short-sighted decisions of their leaders.

Maybe the west of the EU is not so much oriented towards such a heating method, but the east is still oriented towards wood as a heating material. People in houses will always have more choice than those who live in apartment buildings, but I don't believe that anyone will freeze next winter because there won't be enough gas, they will simply have to lower the heating temperature by a few degrees.

Your president is not too concerned about the humanitarian issues of the people in the EU because every day pictures of the mass graves that your soldiers left behind from various parts of Ukraine arrive. In a way, it would be logical for the EU to completely distance itself from trade with Russia, although this is very difficult at the moment.

If the average Russian thinks that the EU will return to the Middle Ages because the Russians will close the valves on the gas pipelines, then they are badly mistaken. It is a difficult year in which we live, the one ahead will be even more difficult, but people will find a way to survive as always.
OK. There is too much propaganda in the information field on both sides and it is pretty tiring. When I read in the German press calls from high-ranking politicians to wash less often in order to save hot water and take revenge on Putin, I don't know how seriously to take it. When I read in the European press that electricity and heating bills have increased several times, I do not know how true this is and, most importantly, how critical it is for the budget of ordinary Europeans. At my house, one cubic meter of gas costs 5.64 rubles (about 9 cents), when I see that in Europe the price of gas at the hub has exceeded 2.5 dollars per cubic meter, I understand that this is very expensive, but I don’t understand how dramatic this is for Europeans, because In different countries, different levels of wealth are considered the norm.
1646  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 28, 2022, 10:02:49 AM
Of course, Putin uses gas as a weapon.

I'm genuinely surprised you admit that.

Be patient, it will get worse, much worse.

I know it will. I don't trust politicians, no matter what's their color. But I guess you also know/expect that it will be worse for both sides.
You are right, but there is a nuance. I'll try to draw an analogy, imagine that Europe blocked Russia's water, and Russia, in response, blocked Europe's air. Man cannot live without air and man cannot live without water, but five minutes without water is easy to endure, and five minutes without air can be fatal. One minute has already passed.
1647  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: July 28, 2022, 03:46:27 AM
As far as I know, the practice of central heating is not very common in Europe, and each homeowner is forced to solve the issue of heating his home on his own. I hope the European Union will be able to avoid many unnecessary deaths from hypothermia this coming winter. I am Russian, but I would not approve of Putin if he allowed such a humanitarian catastrophe in Europe. No matter how aggressively European politicians behave towards Russia, ordinary Europeans do not deserve a rollback to the Middle Ages for the short-sighted decisions of their leaders.

I would disagree with you here. Russia supplied around 40% of the natural gas to the European Union until 2021. Even of the supplies from Russia get reduced to zero, EU will have the remaining 60%. And probably it will be around 70%-80% taking in to account the increased supplies from USA and Qatar. Whatever shortfall there will be borne by the industries and it will not affect the households. I don't think that the EU politicians will prefer manufacturing and electricity generation over household gas supply. And Russia should be happy if the manufacturing sector in the EU gets negatively impacted.
I hope that you are right, and that heavy energy-intensive industry will bear the brunt of the gas shortage in Europe.

Unfortunately or fortunately, I know history all too well, in particular the oil crisis in the 1970s. The real decline in oil supplies from the Middle East then amounted to only 7%, the rest were only verbal interventions. And this slight decline caused the worst global economic crisis with empty gas stations and solar panels on the White House. The volatility of gas prices in Europe right now reminds me of the price chart of shitcoins.
1648  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 27, 2022, 03:22:15 PM
Fresh pearl from Lucy Arestovich: "They don't have a strategy for defense, so they don't know what to do and attack". Grin
1649  Other / Politics & Society / Re: Joe Biden is a senile, old Bitch on: July 27, 2022, 03:08:05 PM
The president is doing better lol
1650  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: July 27, 2022, 02:49:21 PM
Two dollars per cubic meter of gas at the hub is already very expensive. To heat a medium-sized house in winter with a gas boiler, you need to burn about 500 cubic meters of gas per month. I think many households in Europe will need subsidies to cope with heating and electricity bills.

People are already managing in various ways, and from Germany, which is a kind of landmark within the EU, news is coming about the massive demand for wood-burning stoves. Even in my area, people still widely use this method of heating, which is not so expensive if we consider that 1 cubic meter of wood costs around 50 EUR (in my country). For an average household, 1000 EUR is quite enough to keep them warm all winter, and if the winter happens to be mild, they will certainly not spend it all.



Regarding the supply of gas from the US (LNG), according to the news I have read, it seems that the US will deliver everything promised, and even more if necessary. With all the other sources mentioned (Canada, Qatar, Nigeria...) and if it is possible to really reduce consumption by 15%, the EU will manage to survive until next spring - unless we are hit by some wicked winter, and given that summer is terrible, I wouldn't be surprised if winter was memorable too - misfortune never comes alone.
As far as I know, the practice of central heating is not very common in Europe, and each homeowner is forced to solve the issue of heating his home on his own. I hope the European Union will be able to avoid many unnecessary deaths from hypothermia this coming winter. I am Russian, but I would not approve of Putin if he allowed such a humanitarian catastrophe in Europe. No matter how aggressively European politicians behave towards Russia, ordinary Europeans do not deserve a rollback to the Middle Ages for the short-sighted decisions of their leaders.
1651  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: July 27, 2022, 09:16:13 AM
BTW, I checked the live gas prices from EU, and right now, they are trading at around $2,000 per thousand cubic meters. Two years ago, natural gas was trading at less than $100 per thousand cubic meters.
Two dollars per cubic meter of gas at the hub is already very expensive. To heat a medium-sized house in winter with a gas boiler, you need to burn about 500 cubic meters of gas per month. I think many households in Europe will need subsidies to cope with heating and electricity bills.
1652  Economy / Economics / Re: How much food can you store for survival?3 on: July 27, 2022, 04:20:29 AM
But I kind of want a 30 day cushion to just stay in my house is I chose to. whether for covid of it there is a new hurricane and no good food source.
In this case, you just need to create an additional buffer at home between your dining table and the supermarket, ideally independent of the electricity supply to the house - some kind of dry, dark, cool place like a pantry. And use the rule "Store what you eat, eat what you stock" to avoid unnecessary headaches with checking the expiration date of stocked products and not throwing some of the expired supplies into the garbage dump.
1653  Economy / Economics / Re: Russia's economy is 'imploding' on export decline, economists claim on: July 27, 2022, 03:51:46 AM
The "anti-Russian" propaganda means that, if people move from Mexico to Texas, and there are a ton of people in 2 towns of Texas that came from Mexico, then it means Mexico could occupy those two towns of Texas and take that land? People from Mexico will applaud because they are Mexicans and America would have to give up land because Americans do not live there? That is not an explanation.

Definitely Ukraine had a lot of places with mainly Russian lovers live there, but if they want to they could leave, but not ask for that land to be given up. Do not assume that Russia attacking and killing people would EVER have any logical sense to anyone outside of Russia lovers and Putin devotees, we will never fall for that.
Dude, you seem to know very little about Texas history if you're using it here as an example. The US annexed Texas from Mexico in 1845. Grin
1654  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 26, 2022, 07:31:39 PM
I don't understand Europe's whining about Gazprom.

Of course you don't, since you chose to trust Putin's propaganda instead of fact-checking everything.
Of course you don't, since you chose to ignore everybody who tells that Putin uses the gas as a war weapon.

But yeah, I don't know why I'm even answering. But at least I won't answer to your friend.
Of course, Putin uses gas as a weapon. It would be strange and stupid of him not to use such a powerful lever of pressure on Europe - and he uses it in a brilliant style. Pumping through Nord Stream at 20% of capacity now brings Russia more money than pumping through Nord Stream at 100% six months ago, because the spot gas price is now ten times higher. Europe should learn from Russia how to impose sanctions in order to deliver maximum pain to the opponent and at the same time not harm its own economy. And you thought Russia would silently endure the flows of European shit in its direction? Be patient, it will get worse, much worse. In Europe, the limit of sanctions pressure on Russia has already been exhausted, and Russia has not really even started yet.
1655  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 26, 2022, 03:47:29 PM
Hi, is that "RF air supremacy"? I think they are looking for you in Berdiansk. Somehow Ukraine is still not understanding that they cannot strike well inside the occupied territory.

https://twitter.com/i/status/1551544220846006273

But I am wondering now, if the disconnect between Aldolf Putin and his army is happening as I suspect, there will also be a disconnect between when the military is spending and what they can really afford to spend. This calls for tragedy before end of year.
The smoke is something thin, the firecracker exploded? When is the counterattack on Kherson? Grin
1656  Other / Politics & Society / Re: Azerbaijan and axis Moscow – Tehran on: July 26, 2022, 03:15:55 PM
Finally, Presidents Putin and Raisi, who need each other, met in Tehran. The terrorists of the Kremlin and Tehran held a meeting in a heartfelt conversation.
A terrorist from Istanbul, representing the interests of NATO, also took an active part in the meeting. Grin
1657  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 26, 2022, 03:05:24 PM
Meanwhile, today the "musicians" of Wagner completely cleared the Uglegorsk CHP from the Armed Forces of Ukraine. Good job, the main building structures and engineering systems of the station are in satisfactory condition.
1658  Economy / Economics / Re: Bitcoin and Keynesianism on: July 26, 2022, 02:54:15 PM
Keynesian economists argue that macroeconomic outcomes such as recessions or crises that arise due to fluctuations in demand can be mitigated by coordination of the state, if it controls the money supply. For example, if there's a pandemic and we're experiencing high levels of unemployment, the state can just create more money, regardless of the production rate, to blunt it. In the same way, they can intervene and, deliberately or not, abuse it.

Bitcoin's monetary policy reminds of the Austrian school that focuses on individualism that's, as they say, what causes all economic phenomena. It's the exact opposite of Keynesianism, because it's money whose supply and policy can't be altered by anyone effectively.

Is that probably the reason most economists attack it? And, if something happened, and it became the world's main currency, do you believe we'd have to face outcomes similar to the Great Depression of 1929? Please justify your opinion.

[ Relevant to: Is democracy an utopia nowadays? ]
Keynesianism was born in the throes of the Great Depression and died in the oil crisis of 1973. It cannot be considered a universal panacea, because universal panaceas never die. Is bitcoin a universal panacea? I doubt it, but bitcoin is still alive - and this is its strong advantage over Keynesianism.
1659  Other / Politics & Society / Re: European Union looks to Nigeria for Gas to replace Russian supplies on: July 26, 2022, 02:30:32 PM
Now Gasprom has found another motif to cut the gas: an alleged problem with a turbine.
Russia’s Gazprom to slash gas to Germany, as Putin fosters uncertainty in Europe
I wonder where will be the end of this sad game.
I don't understand Europe's whining about Gazprom. Europe has frozen Russian money (having shown itself to be an unreliable buyer), Europe has already imposed seven packages of sanctions against Russia, Europe has openly declared economic war on Russia, Europe has nationalized Gazprom's underground storage facilities, Europe is cultivating Russophobia and the abolition of Russian culture - so why is Europe complaining about a decrease in supplies gas? Rejoice that at least 20%, not zero.

Walk around the market, look for cheaper places. In Nigeria? Good luck. In Africa, former European colonizers are respected and loved. And in general, the plan to replace Russia with the most criminalized country in Africa looks reliable like a Swiss watch. Grin
1660  Other / Politics & Society / Re: US Gas sales to China dries up as Ukraine war halts Energy trade on: July 26, 2022, 02:25:15 PM

China's crude oil imports from Russia soared by 55% from a year earlier to a record level in May, displacing Saudi Arabia as their top supplier. Could China's reason for switching to Russia from the US as a result of closeness of boundaries or is there an ulterior motive?


China's motive could be to reduce its dependence with the United States, and avoid the same situation Germany has with Russia, which is a stupid situation. Germany delivered, and supplied weapons to Ukraine, stepping into a war by proxy, then Germany complains about the low supply of natural gas coming from Russia? It might be a cold winter in Germany if their government continues its war by proxy.
Why look for complex motives in depth when there is a simple motive on the surface - the price. China is the most energy-deficient country in the world, its energy demand is huge and greater than that of Germany, so China is interested in any kind of energy resources, especially if they are offered at a good discount.
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