Quote (dro94 @ Mar 31 2022 09:15pm)
If Russia turned off the gas to Europe, they'd be screwed and so would Germany, but everyone else would be ok. Was hoping it would happen!
the eurozone is done if that happens
its kinda funny when other countries try to shit on germany for needing resources, but they dont mind relying on us being an actual industrial country that produces actual stuff that others need and grab our tax money via the EU
by all means do it, burn it all to the ground
Quote (Black XistenZ @ Mar 31 2022 11:45pm)
Italy might not be quite as dependent on Russian gas as Germany, but they are still so dependent on it that they'd face a catastrophic recession if the Russian gas deliveries were shut off from one day to the next. And keep in mind that they're coming from a much lower economic baseline than Germany, with much higher unemployment, a much higher rate of public debt, a less healthy banking system and less dynamic economic growth. A 5% GDP contraction in Italy might have more devastating social effects than a 9% contraction in Germany.
talking about social effects, the citizens of italy and most other EU countries are significantly wealthier than germans with a much higher networth, savings, real estate ownership, earlier and higher pensions
we are a fucking low wage, high tax labor camp for europe
this talk about "sacrifices for freedom" is just absolutely disgusting as if covid wasnt bad enough for millions of people
the reality is that those pushing for an energy embargo have no idea what a collapse of the chemical industry really means
This post was edited by JohnnyMcCoy on Mar 31 2022 05:23pm