German politics re Russia is highly erratic

Discussion in 'Politics' started by earth_imperator, Jul 2, 2022.

  1. German Chancellor Scholz's politics re Russia is highly erratic
    b/c he very harshly opposes and criticizes Russia and Putin b/c of Ukraine,
    but at the same time his country is highly dependent on gas and other raw material imports from Russia,
    even knowing that if Russia cuts the gas flow then the German economy will collapse immediately.
    So, there is not any rational logic in Scholz's politics.
    He is new in his job, but so far he's a total nullinger for Germany.
    His actions even violate the constitution and his oath of office that says to protect Germany,
    whereas he brings danger to Germany and the German economy.
    Germany needs a new govt, IMO.
     
  2. ipatent

    ipatent

    The dynamics won't change with a new government.
     
  3. This German "socialdemocrat" chancellor Scholz is an idiot!
    He has no clue about international politics.
    He should resign immediately!



    "

    European Energy Prices Soar as Russian Curbs Risk Economic Pain
    Priscila Azevedo Rocha, Anna Shiryaevskaya and Todd Gillespie
    Tue, July 26, 2022, 7:35 PM

    (Bloomberg) -- European energy prices surged as Russia tightened its grip on gas supplies, deepening a crunch that’s threatening to plunge the continent’s largest economies into recession.

    Electricity prices in Germany and France, Europe’s biggest power markets, surged to a record on Tuesday, as natural gas jumped as much as 21.5% and coal futures for next year hit an all-time high. That’s leaving Europe without vital fuel to keep the lights on at a time when countries race to secure energy ahead of winter.

    Higher energy prices in Europe could translate into more pain for households, businesses and industry already battered by soaring living costs caused by the highest inflation levels in decades. Germany, Europe’s biggest economy, has already triggered two stages of its gas emergency plan and could enact the last step if there’s a clear deterioration in the situation.

    Prices have soared since Russia’s Gazprom PJSC said it will halt another turbine that pumps gas into the Nord Stream pipeline, slashing flows through the link to just 20% of capacity from Wednesday. Moscow has steadily reduced shipments through the link over the past month, citing technical reasons, exacerbating a crisis that’s squeezed everything in Europe from the economy to the currency.

    The Kremlin is using the pipeline to pile political pressure on European leaders to reconsider their crippling sanctions on Russia and their support for Kyiv, according to people familiar with the leadership’s thinking. Flows are likely to remain at minimal levels as long as the standoff over Ukraine continues, they said.

    [...]

    "
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    Last edited: Jul 26, 2022