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    Putin has practically cut off all gas to Europe: this condemns Europe to recession, prohibitive energy prices and gas rationing. Even in many European cities, such as Prague, mass protests have been held against NATO, support for Ukraine and sanctions against Russia.

    However, the European Union has already moved quickly to find alternatives to Russian gas. And many of these measures are already working. Against all odds, Europe has already filled natural gas tanks to more than 80%. In addition, new ways of getting liquefied natural gas (LNG) to areas where it seemed impossible before are emerging.

    Meanwhile, Russia is not in as comfortable a situation as it seems: they have lost their main energy customer and are losing important positions in Ukraine.

    What has Europe done to get natural gas without depending on Russia? How is it possible that Germany is buying liquefied natural gas? What is happening in Russia? In this video we tell you about it.

    38 Comments

    1. Does visualpolitik have a dental plan? Can we please add the guy to a plan and whiten them teeth also while you are at it.

    2. about 10 years ago, a friend from Europe came to visit me in the US, wintertime. There, many buildings had central heating, so everybody paid a share. She complained bitterly that it was cold in my apartment, and I had to turn it up to 75F before she was happy. She then took a shower, afterwards proceeds to walk around the apartment buck naked. For a brief second, I fumed at the waste of energy. I looked again (she was hot), then I came to the conclusion, f-ck the energy, a girl has the right to walk around like that if she wants, and I will pay the heating

    3. I don’t think Putin will be invading other countries. The Russian Army is getting its butt handed to them by the Ukrainians. They are inept, poorly trained, poorly equipped and demoralized идиоты who should just go back home and drown their sorrows in vodka.

    4. Financially it will suck in the short term. But if the Europeans like in the movie in Braveheart “HOLD” then I think by spring the jig is up for Putin is my 2 cent prediction.

    5. Putin has lost European markets for Russia for a generation or two at the least. His country is being decoupled from the world economy, it has likely permanently lost all the assets deposited in foreign banks, the world will soon be able to get along quite nicely without Russian gas or oil, it will take a decade or longer to develop new pipeline links to the Far East and meanwhile the Chinese and Indians are forcing Russia to sell them oil and gas at bargain-basement prices. Their military equipment has been shown to be antiquated junk and their army a paper tiger. When the ruble starts to inevitably decline and they can't trade for euros or dollars anymore that's when they'll really be fucked. Before the war, Russia was a superpower player on the world stage. Next decade unless a complete turnaround can be effected it will be a desperate, impoverished client state of the Chinese, who will take full advantage of that situation and leverage economic and geostrategic concessions out of them long into the future. They'll be lucky if the Russian Federation doesn't actually break up, which now cannot be entirely ruled out as a possibility.

    6. They can Demonstrate all they want. But this change is inevitable as well.
      If Europe gave in now. The next Stop of this Train is WW3.

      Also. Gasmaggeddon cannot happen.
      Because Russia is not supplying 100% in the first Place.
      So it can never be cut more than the 40% which was what came from Russia.
      And thats already wrong as Europe already changed Suppliers alot.
      So there never was Gasmaggeddon on the Table.

    7. Give in to Putin? That would not be advisable. We are on the cusp of a better world for everyone. Once we've freed ourselves from these tyrants, all of humanity can evolve and live free.
      Anyway, what do you think people did before electricity? 😆

    8. I’ve said it a million times, but boy am I glad to be an American about now. We still pay more, but there wasn’t more than a fleeting moment where I wondered if I’d have heat this winter.

    9. I Googled a 5 year chart for Dutch TTF Gas Futures Price and I would encourage others to do the same. Don't try peeing on my head and tell me it's raining.

    10. You made my day! At least someone with valid information has a positive view mixed with optimism – instead of gloom and doom. Yes, I agree that Europe and other nations will be able to withstand the mess that Russia and China are making in the global economy… and Russia will suffer far worse.

    11. You guys worry for winter ? Why don’t you worry about next spring or next summer where Gas really can’t come. There is no way for gas to come now even ! Awake and drink the narrative of winter is an issue. Next year will be a big issue not now. !

    12. The exchange rate of the rouble is probably misleading because of the sanctions against Russia it means Russia cannot import many goods so its demand for foreign currency will have dropped, so I would guess that the trade balance still remains in Russia's favour but at the price of running down its industrial capacity.

      Another issue with Russia's mobilisation is not just the cost of training and housing troops (which Russia seems to be trying to do on the cheap) but that men who would be driving the Russian civilian economy are being taken out of their civilian jobs to be filling roles in the military.

      Economic collapse in Russia is not something that may necessarily hurt Putin, since the economic collapse in North Korea, while it hurt the ordinary people of North Korea, has not actually put the ruling elite in any danger of losing power.

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