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murdok03 t1_j2mn423 wrote

Oh it's easy, the same way they dropped emissions in China and Japan, the same way they cratered the Euro, by raising rates and causing a global recession, by having a trade imbalance with the rest of the world causing a liquidity crisis in the Euro-Dollar banking system.

Or you can say what Merkel, Poroshenko and Holland have said that they used the Minsk2 peace treaty as a delay strategy to arm Ukraine for a war with Russia. And as such Obama and Trump were able to cut off gas supplies to Europe and have them dependent on US and Cnaadian LNG, Trump specifically forced this deal on the EU for gas and soy beans, and Obama put sanctions on Russia for Hilary's internal email leak that also affected Nordstream1 and 2 which were however never put in place.

Or easier then that both Nuland and Biden have said they'll find a way to turn off Nordstream pipelines if a war in Ukraine blows out, abd they did, simply put the US navy bombed it and left the Germans no choice but their own LNG.

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Dapper_Max t1_j2mnjnz wrote

Isn‘t the Euro back where it was? Like I think checked a week ago and the euro‘s dip semmed over then. Like Euro and Dollar meandering around each other like they have for a while.

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murdok03 t1_j2mnwij wrote

Lol no it's still down like 20%.

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Dapper_Max t1_j2mo401 wrote

From what the Google charts say 1€ buys 1,07$. Soooo…

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murdok03 t1_j2mo7rd wrote

So it used to be $1.22 in Jan 2021 making it down 20% for the year.

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0s_and_1s t1_j2mwt1p wrote

That was informative, thank you. As I understand it Europe is just moving more quickly towards renewables instead of moving from one carbon dealer to another. The benefit the US would get from this would be temporary? What’s your take on this?

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murdok03 t1_j2n0gg2 wrote

No you will never have a grid made up of solar and wind that doesn't use Gas, that was just a lie that Putin told you through the German Green party and Greenpeace.

We could have had more renewables back when Boerbeck was being paid by Putin to advocate for marking Russia gas as green energy in Europe and allow for loans to be used for cheap gas infrastructure.

But as it stands today we can't afford renewables and we can't afford gas, and the only reason we can afford coal is because China has frozen their entire economy.

I can't say what the future holds, not only did we have record gas and oil prices this year in Europe, but we also had once in 50years turnoff of French reactors for maintenance (like half of their energy production was turned off), and we had the worst drought in 400 years that made hydro also under-produce. I can't predict these things, nobody can.

But simply put there's no way out of the crisis but to move out industry and stop migration until the eventual de-population of europe through the demographic bomb next generation, I mean we're already burning down our forests again, that can't last long.

Maybe the French will build new reactors, maybe Musk is right about the exponential growth of grid storage from his German terra-factory, maybe Turkey becomes the new gas hub of Europe, all possible the question is to what degree.

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