EU solution to energy crisis: print more money and ensure economic crisis!

[DrBeer]

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

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

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

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

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

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

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

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

[Roggeredek]

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.

[Hispo]

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.

[Ozero]

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!

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?

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?

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.

[Mauser]

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.

[DrBeer]

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

[pooya87]

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...

[Rikafip]

- 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.  

[pooya87]

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. 

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

[Rikafip]

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.

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.

[DrBeer]

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

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

[pooya87]

#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?

[TheGreatPython]

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.

[lixer]

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

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

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.

[BIT-BENDER]

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.

[AndyGryffindor]

Reduce natural gas and propane usage with the stuff I put in my other post. https://bitcointalk.org/index.php?topic=5434488.0
I forgot to mention that it should not to be used on clothes dryers.

[tygeade]

~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.

[DrBeer]

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

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

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!

[Synchronice]

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.

[DrBeer]

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 ?! ))