It is a "reserve currency", not a common currency
Miscellaneous News
- Thread starter bd popeye
- Start date
The EU are being retarded idiots. How about giving Russia back the gas turbines they sent to Siemens for repair? Do they think the gas moves through the Nord Stream pipeline under the Baltic by the power of Putin's will? Great German Siemens company which can't even repair turbines in Europe and had to send them to Canada to fix. Teutonic engineering in action. Is it too much of a shame to have to beg Canada to break the sanctions the West themselves imposed on Russia? You know the sanctions on all oil & gas equipment and support.
And you know what. Russia used to have fixed price contracts with the EU. It was fixed price contract indexed to oil typically around €80. This is standard industry practice and Qatar for example does this. It is the EU which demanded these variable rate contracts determined by a market located in the Netherlands. The EU wanted to buy gas for cheap in the off peak season, store it, and not buy gas in the winter. They wanted to buy gas for €40. Because the US was dumping LNG off peak at €40 so of course Russia had to sell at €40. But you know what, that is not how gas wells operate. You need to have continuous draw or you risk causing induced seismicity i.e. earthquakes and possible collapse of the gas well. But tell that to EU beancounters with their precious MBAs.
You know what? Russia has the largest gas storage capacity in the whole of Europe. And given it is this time of the year the storage is likely pretty empty since winter peak period is over. Russia has storage for 72.6 bcm of gas. It sells 150 bcm to Europe a year. So you do the math on how many months Russia can continue with this game of chicken by diverting gas to storage instead of sending it to Europe. And you know what? Gas isn't oil. If Russia wants to keep pressure in the wells, they can just flare the gas for all they care. And if you think they will blink at doing this. You would be wrong. Gas exports is 1/4th of oil exports.
Europe better act like responsible people. When I can't pay my gas bill, I don't go to my utility and tell them the price is too high, so I will only pay this amount that I want to pay and get away with it. The gas gets cut. Effin dolts.
They should have paid €80 fixed price. They wanted to pay €40 variable price. They paid €40 allright. Now variable rate is €125. They complain. You can't have it both ways. F the EU. Next time don't get advice on energy pricing from UK and Netherlands stock exchange.
Last edited:
Lol El Salvador is using a fantastic currency already. They are definitely going to be fine.
Lithuania has a border with Poland so blockading them isn't an option. Sanctioning will take too long to have an effect.
In terms of retaliation, it could be anything up to targeted missile strikes, but I think it should be low key.
Since it's the Lithuanian border guards that are stopping goods, I'd just claimed they illegally entered Russian territory and detain them. Once they've spent a bit of time in Russian custody I think they won't be so brave.
Russia did something similair in 2014 against Ukraine as a warning.
In Mr Su's suggestion was for GRU to earn its keep and track down and capture some Lithuanian mercenaries in Ukraine, say in Lysychansk. Then Russia can take them to the Belarus-Lithuania border and say for each day you blockade Kaliningard we publicly execute one mercenary.
At this point Mr Yang admonished Mr Su for ISIS like tactics and say the correct thing to do would be the offer Lithuania the return of one Lithuanian mercenary for each train they allow through.
Russia can just use the Baltic fleet and blockade all the Baltics states. Good luck getting your US LNG via the terminal at Latvia.
The port activity in the Baltics is a huge fraction of their economy. Blockade their ports, and watch them scream.
But I suspect Russia will just do something simple. Like snap military exercises with Belarus near the Belarussian Nuclear Power Plant. Try looking at where that is on a map.
The port activity in the Baltics is a huge fraction of their economy. Blockade their ports, and watch them scream.
But I suspect Russia will just do something simple. Like snap military exercises with Belarus near the Belarussian Nuclear Power Plant. Try looking at where that is on a map.
Last edited:
As I recall back in Soviet Union days, when someone kidnapped a Soviet citizen, KGB tracks the kidnappers' family down, grab them and send the family member back in small boxes piece by piece to the kidnapper till Soviet citizen is released.
Someone once summarized, when back in the days Americans send special ops illegally to another country to carry out covert operation, they erase any evidences that can trace special ops back to US, the Soviets just lay a Soviet flag on the corpse and make sure you know who off you to the next life.
AssassinsMace
Lieutenant General
You're not the audience I'm talking to. I'm glad those days are gone. It's called free speech. Look it up.