Sithara007
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October 11, 2022, 05:35:49 PM |
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There are more people warning about the wave of bankruptcies in Germany every day. The most recent one is the head of the German Institute for Economic Research, professor Marcel Fratzscher. In his recent interview he "warns of a wave of bankruptcies in German companies".
Just as I said before, the biggest challenge German economy is going to face from now on is bankruptcy and the fleeing capital since due to competition the products made inside Germany would be a lot more expensive than same product made elsewhere. Consequently they would either be forced to shut down or move everything abroad, in either case lots of regular Germans will lose their jobs.
BTW, that will sink the European Union. Because after the Brexit, Germany was the main "donor" nation within the EU. Southern nations such as Italy and Greece are largely dependent on fund outflows from Germany. In case the revenue surplus vanishes in Germany, then in the long term EU will fail to exist. The model of richer northern countries such as Germany subsidizing poorer southern nations such as Italy will be difficult to maintain. Or they can survive by increasing the taxes even further, which is like a double edged sword.
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AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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pooya87
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October 12, 2022, 06:12:19 AM |
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BTW, that will sink the European Union. Because after the Brexit, Germany was the main "donor" nation within the EU. Southern nations such as Italy and Greece are largely dependent on fund outflows from Germany. In case the revenue surplus vanishes in Germany, then in the long term EU will fail to exist. The model of richer northern countries such as Germany subsidizing poorer southern nations such as Italy will be difficult to maintain. Or they can survive by increasing the taxes even further, which is like a double edged sword.
Exactly. Germany is already dealing with a lot of problems, which is the reason for all the new round of protests and the Right wing and all the pro-Russians gaining support, etc. Besides, all these "unions" and alliances are good for as long as everything else is fine but the moment shit hits the fans, it is every little country for itself. Shit hit the fan a long time ago which is why Brits started that whole Brexit thing. Countries are already forming new "groups" like UK and France are doing these days. I'm curious to see what the New World Order holds for Europe though. For example will the Europeans go back to pre-WW2 dark ages when they had a war amongst themselves every 1-2 years?
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pooya87
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October 14, 2022, 04:23:13 PM |
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~ It is not the German only - it is the whole world which is dealing with so much trouble Businesses are collapsing and industries are shutting - there is depression and despair everywhere. And I don't see anything fixing in coming days.
It is not the whole world, it is most of the world and the severity of the problems is wildly different from country to country. For example the effects in Iran are very small, in fact our inflation has significantly decreased alongside the unemployment rate as the industries are expanding and a lot of new factories opened up this year. There are others like this too, last I checked Indian economy was improving too with their stock market booming. Some small positive news came out of US too where they are trying to decrease unemployment and how they tried to decrease the domestic gas price to some extent after they blew up their LNG ports.
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Sithara007
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October 15, 2022, 02:11:15 AM |
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oil and gas producing counties are the one which survived inflation like Russia survived inflation and sanction because they have oil reserves - even the whole EU turned against them they stood tall and saved their economy
This is one thing that I don't understand. The easiest way to wreck Russia was to lower the oil and gas prices by encouraging the American shale oil and gas producers to increase their output. But rather than doing that, the Biden administration has been hell bent on harassing the shale oil producers, by imposing more and more regulations and taxes. As a result, we have Brent crude rallying to three digit levels, and LNG prices going up by 20x. Now the US as such doesn't have much to worry, as they produce most of the oil and gas that they consume. But the impact is felt more for third world nations who import most of their fuel.
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AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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be.open
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October 15, 2022, 04:39:39 AM |
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oil and gas producing counties are the one which survived inflation like Russia survived inflation and sanction because they have oil reserves - even the whole EU turned against them they stood tall and saved their economy
This is one thing that I don't understand. The easiest way to wreck Russia was to lower the oil and gas prices by encouraging the American shale oil and gas producers to increase their output. But rather than doing that, the Biden administration has been hell bent on harassing the shale oil producers, by imposing more and more regulations and taxes. As a result, we have Brent crude rallying to three digit levels, and LNG prices going up by 20x. Now the US as such doesn't have much to worry, as they produce most of the oil and gas that they consume. But the impact is felt more for third world nations who import most of their fuel. Biden consistently acts in the interests of the "green" lobby. The "carrot" lever in the form of subsidies, subsidies and tax breaks for the purchase of an electric car is apparently no longer effective enough. Therefore, in order to stimulate the transition of Americans to electric cars, you just need to make owning a gasoline car economically painful.
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DrBeer
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October 15, 2022, 07:33:07 PM |
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you can fantasize a lot about "freezing Europe" ... But it's better to look at "great Russia" to understand who is really warming up .... just a dream of freezing Europe ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Real video, from real Russia, from real today. No, not Moscow, it's stupid to lie, but about 75% of the rest of Russia lives this way https://youtu.be/oH4IAsXHgDI"According to Gazprom's estimates, by 2025 gasification costs will almost triple the current total investment and amount to about 1.3 trillion rubles. / Vladimir Smirnov / TASS The Federation Council (SF) stated the low level of gasification of Russian regions. With a country average of 71%, a number of regions do not even reach 20%. So, at the beginning of 2021, the Altai Territory was only 13.1% gasified, Andrey Kutepov, head of the Federation Council committee on economic policy, complained at yesterday's meeting of the Council on Gasification. But the Russians are warmed by the fantasy that the inhabitants of Germany will freeze ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Sithara007
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October 16, 2022, 03:39:08 AM |
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Read it online that Putin has floated the idea that Russia will export more gas through the Turkstream gas pipeline running beneath the black sea to Turkey and gas supply to the Germany through the Baltic sea's nord stream pipeline were halted. A cherry on the top - for the Turkey they are ready to do it. Germans are in trouble as the winter is approaching and fuel supply is limited.
Putin wants to make sure that his allies in Hungary and Serbia are not left without gas during the winter months. That is why he is proposing to make Turkey as the gas hub for west-ward flows. With Nord Stream, the problem is that the landing point is in Germany. Hungary is thousands of miles to the South and Serbia even further south. With gas demand going over the roof, many of the countries are refusing to let gas flowing to neighboring nations. If Turkey establishes itself as the gas hub, then this issue will be at least partially resolved.
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AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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pooya87
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October 16, 2022, 06:00:48 AM |
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This is one thing that I don't understand. The easiest way to wreck Russia was to lower the oil and gas prices by encouraging the American shale oil and gas producers to increase their output. But rather than doing that, the Biden administration has been hell bent on harassing the shale oil producers, by imposing more and more regulations and taxes. As a result, we have Brent crude rallying to three digit levels, and LNG prices going up by 20x. Now the US as such doesn't have much to worry, as they produce most of the oil and gas that they consume. But the impact is felt more for third world nations who import most of their fuel.
There are two problems here, mostly the fact that all these oil and gas producers in US are in private sector and the government can not really force them to decrease their prices because they are loving the high prices and wish for it to go even higher so that they can make even more profit. Secondly is the fact that the quality of both oil and gas that US has is pretty low which is exactly why it costs a lot to "extract" and make it useful it too. They don't really have much to say in the international markets where high quality oil and gas coming from Iran, Russia and Saudi sources are flowing. Read it online that Putin has floated the idea that Russia will export more gas through the Turkstream gas pipeline running beneath the black sea to Turkey and gas supply to the Germany through the Baltic sea's nord stream pipeline were halted. A cherry on the top - for the Turkey they are ready to do it. Germans are in trouble as the winter is approaching and fuel supply is limited.
That looks like an attempt to break EU apart and into little unions. Possibly going back to pre-WWII era. An important question is whether US is going to allow that to happen. We saw how they blew up Nord Stream pipeline recently...
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kro55
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October 16, 2022, 09:15:47 AM |
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This is one thing that I don't understand. The easiest way to wreck Russia was to lower the oil and gas prices by encouraging the American shale oil and gas producers to increase their output. But rather than doing that, the Biden administration has been hell bent on harassing the shale oil producers, by imposing more and more regulations and taxes. As a result, we have Brent crude rallying to three digit levels, and LNG prices going up by 20x. Now the US as such doesn't have much to worry, as they produce most of the oil and gas that they consume. But the impact is felt more for third world nations who import most of their fuel.
There are two problems here, mostly the fact that all these oil and gas producers in US are in private sector and the government can not really force them to decrease their prices because they are loving the high prices and wish for it to go even higher so that they can make even more profit. Secondly is the fact that the quality of both oil and gas that US has is pretty low which is exactly why it costs a lot to "extract" and make it useful it too. They don't really have much to say in the international markets where high quality oil and gas coming from Iran, Russia and Saudi sources are flowing. Another thing that makes me think of why the US doesn't want to extract or produce oil and gas domestically is about the environment, I think that overexploitation of mineral resources will harm the air in the place itself and their natural resources. Moreover, the current problem is not urgent enough to use their own resources while they still have many ways to promote the extraction of resources from many other countries. That is also one of the reasons why I think the US and other developed countries do not want to put too many factories and enterprises in their own countries but have to go to poorer countries.
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pooya87
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October 17, 2022, 06:10:56 PM |
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Can anyone confirm the price of wood in Europe/Germany these days? Someone said it has gone up to €350 (from $7) but I couldn't find it in the media.
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Sithara007
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October 18, 2022, 04:31:29 AM |
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Another thing that makes me think of why the US doesn't want to extract or produce oil and gas domestically is about the environment, I think that overexploitation of mineral resources will harm the air in the place itself and their natural resources. Moreover, the current problem is not urgent enough to use their own resources while they still have many ways to promote the extraction of resources from many other countries. That is also one of the reasons why I think the US and other developed countries do not want to put too many factories and enterprises in their own countries but have to go to poorer countries.
Ever since the Democrats came to power by the end of 2020, they have implemented a number of additional environmental regulations and the shale oil producers are not very happy about it. And this is one of the reasons why they are not very enthusiastic to requests to increase oil and gas output. I won't be surprised if the OPEC soon comes up with an OPEC++ grouping, including the shale oil producers. They already have OPEC+ (which includes Russia). If they can get in to a deal with Russia, then what is wring in coming up with a deal with the shale oil producers as well?
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Maidak
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October 18, 2022, 08:53:53 AM |
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Can anyone confirm the price of wood in Europe/Germany these days? Someone said it has gone up to €350 (from $7) but I couldn't find it in the media.
This is an image I found on my local social media and here is a picture of the price of firewood in Italy. As shown in the picture, the price of firewood is 349 Euro for Pallet 1 * 1 * 1.8m and this is the promotional price, the price without promotion is 400 euro. If this is true then the people of the EU are going through the most difficult times. If the price of firewood is so high, what will the gas price be like, I really can't imagine the price people have to pay. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FqcDc3rD.jpg&t=665&c=Hzr07XSj8YbzXg)
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DrBeer
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October 18, 2022, 09:11:08 AM |
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In order to understand how Russia "goes out of its skin" in order to at least somehow intimidate Europe with the lack of gas supplied by the terrorist country, it is worth watching their official channels. Last week's masterpiece was a program where "happy Russians" in a "warm studio" had a video call with "unfortunate freezing" representatives of Germany, who naturally wrapped themselves in warm jackets while sitting in their apartments ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is clownery, as it were. But then the creepy trash began. The Russians began to smear the topic "how Germany accepted refugees from Ukraine, and how they got tired of it later." And they showed a herd of some unfortunate poorly dressed people eating something right in the middle of some field, on some outskirts of civilization. The sight was certainly sad. But Russia would not be Russia if it did not, according to tradition, do everything with its crooked hands! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) As always Rosyain summed up their mentality and assessment of the audience. They expected that everywhere the audience is the same as in Russia - primitive, stupid, enthusiastically "swallowing" any nonsense and fakes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) fed some kind of primitive food ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Then an analysis of the faces of the "suffering Germans" was carried out, and a search was made on social networks. Guess the result? All the "suffering, freezing residents of Germany", for some reason, turned out to be residents of Russia living in ... in RUSSIA! Pabmmm! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Those. Russia gives out its wretchedness and backwardness as a desired process in Germany. But people live like this only in Russia itself. I will not post a link to the video, otherwise fans of Russian propaganda, out of habit, will say "Holywood faked this" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You can easily find it on the Internet PS For the last 2 days, the country is a terrorist, shelling civilian objects in peaceful cities of Ukraine. In Kyiv, they are trying, with mixed success, to destroy the thermal power plant, the electricity network, and water utilities. To "lower Ukraine into the Stone Age." To be more precise - to lower the standard of living of Ukrainians to the standard of living of a typical Russian ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The terrorists will not be able to do this, we will not cope, we will win!
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kro55
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October 18, 2022, 09:14:21 AM |
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Another thing that makes me think of why the US doesn't want to extract or produce oil and gas domestically is about the environment, I think that overexploitation of mineral resources will harm the air in the place itself and their natural resources. Moreover, the current problem is not urgent enough to use their own resources while they still have many ways to promote the extraction of resources from many other countries. That is also one of the reasons why I think the US and other developed countries do not want to put too many factories and enterprises in their own countries but have to go to poorer countries.
Ever since the Democrats came to power by the end of 2020, they have implemented a number of additional environmental regulations and the shale oil producers are not very happy about it. And this is one of the reasons why they are not very enthusiastic to requests to increase oil and gas output. I won't be surprised if the OPEC soon comes up with an OPEC++ grouping, including the shale oil producers. They already have OPEC+ (which includes Russia). If they can get in to a deal with Russia, then what is wring in coming up with a deal with the shale oil producers as well? OPEC++ is this your prediction or do you have any information about it? After OPEC + announced production cuts, which angered Democrats and according to some reports, the US government is reviewing its relationship with Saudi Arabia and will take measures as well as sanctions against this country. If this happens, the energy crisis will worsen and will push OPEC+ closer to Russia. Do you think it will happen or the US government has to give in to OPEC+ at this time?
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DrBeer
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October 18, 2022, 09:20:50 AM |
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Can anyone confirm the price of wood in Europe/Germany these days? Someone said it has gone up to €350 (from $7) but I couldn't find it in the media.
This is an image I found on my local social media and here is a picture of the price of firewood in Italy. As shown in the picture, the price of firewood is 349 Euro for Pallet 1 * 1 * 1.8m and this is the promotional price, the price without promotion is 400 euro. If this is true then the people of the EU are going through the most difficult times. If the price of firewood is so high, what will the gas price be like, I really can't imagine the price people have to pay. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FqcDc3rD.jpg&t=665&c=Hzr07XSj8YbzXg) Russia. "Great gas/oil/coal" country covered by 60% forest... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) "... This year, our list of those in need includes 353 people (lonely elderly citizens who are in a difficult life situation) with a pension of up to 12,000 rubles living in the Tver region. The cost of one car of firewood with a volume of 10 cubic meters, including delivery, is from 18,000 to 22,000 rubles. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Here is the federal site... This is one small region. They have been begging for money for firewood for Russian citizens for 9 years ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Do you think it's fake? Not ! Here is the site ( https://podari-drova.ru/), there are reports "about happy Russians" from the Stone Age ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) By the way, a lot of interesting things are written about gasification, officially. Read how Russia treats its slaves who don't know what gas is ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Techkoy407
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October 18, 2022, 09:22:34 AM |
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countries that are already developed and use natural gas as a basic need, it will definitely be very difficult, especially in a country that has a snowy season like in Europe, it will definitely make people forced to look for firewood to replace natural gas,
but in my place firewood and natural gas are always side by side, so you don't have to worry about natural gas that is in short supply, because firewood is still used routinely from the past to save natural gas.
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DrBeer
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October 18, 2022, 09:40:57 AM |
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And a few more words about greatness and those who cannot live without firewood. There is such a thing as "fallen trees" - these are fallen branches, leaves, sometimes the trunks of dead trees. So .. In one "very great" country, the local population, for many years ... it is forbidden to collect it for heating their homes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, yes, there is a full-fledged law where these slaves are forbidden to collect "deadwood" or a hefty fine or quite a noticeable term in prison. In the country which has "the most gas, oil, coal and timber" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BUT ! The king of all slaves, bestowed grace on his weak-willed, and granted in 2022 a law that allows you to collect deadwood for your own needs! Here is an example of real greatness in Russian - to allow slaves to collect branches for heating ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BUT ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is Russia - which means everything is done "through the ass". You can collect it, but it is limited and not all, and only where possible ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And the rest - to buy firewood. This is if there is money, which is a problem especially for residents of small towns and villages. And there is no money - sit in 5 jackets, enjoy the greatness of Russia and watch the news about how "Europe is freezing" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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romero121
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October 19, 2022, 06:18:23 AM |
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This is crazy, Germany in its history suffering alot. Country with good economic situation all of the sudden experiencing hard days. Country is experiencing drought that have revealed ancient stones and ships that sunk in the past. Opposite side it is experiencing the oil crisis, where the need for firewood peaks due to the lack of oil supply. In some part the labour shortage that keeps the production low and lack of components too a major problem as the country's economy is much on automotive industry. Now few banks are at the situation of closing and given its users deadline to withdraw the funds.
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Wind_FURY
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October 19, 2022, 11:59:24 AM |
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This is crazy, Germany in its history suffering alot. Country with good economic situation all of the sudden experiencing hard days. Country is experiencing drought that have revealed ancient stones and ships that sunk in the past. Opposite side it is experiencing the oil crisis, where the need for firewood peaks due to the lack of oil supply. In some part the labour shortage that keeps the production low and lack of components too a major problem as the country's economy is much on automotive industry. Now few banks are at the situation of closing and given its users deadline to withdraw the funds. It's because they shut down their Nuclear power sources, replaced them with renewable energy, which we learned is unreliable, AND they made themselves reliant on Russia's natural gas as one of their main energy sources. Currently, they might have no other choice and turn on their fossil fuel power generation facilities because it's the easiest/fastest to bring back before winter.
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Maidak
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October 19, 2022, 02:36:05 PM |
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This is crazy, Germany in its history suffering alot. Country with good economic situation all of the sudden experiencing hard days. Country is experiencing drought that have revealed ancient stones and ships that sunk in the past. Opposite side it is experiencing the oil crisis, where the need for firewood peaks due to the lack of oil supply. In some part the labour shortage that keeps the production low and lack of components too a major problem as the country's economy is much on automotive industry. Now few banks are at the situation of closing and given its users deadline to withdraw the funds. It's because they shut down their Nuclear power sources, replaced them with renewable energy, which we learned is unreliable, AND they made themselves reliant on Russia's natural gas as one of their main energy sources. Currently, they might have no other choice and turn on their fossil fuel power generation facilities because it's the easiest/fastest to bring back before winter. No one can predict the war that will happen, if the only person who knows this war will happen can only be Russia because they are the one who started it. The fact that the Germans completely shut down fossil fuel energy production facilities is because they are thinking about global warming. But things wouldn't be as serious or as bad as they are if they weren't instigated by the Biden government to punish Russia. I think the Russians themselves could not have foreseen a drastic reaction from the EU towards them and vice versa. The biggest beneficiary in this case remains the Biden government.
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