Vilches: Europe Hypnotized Into War Economy

Vilches: Europe Hypnotized Into War Economy

Summary :

EU sanctions have prevented operations with Russian grain, including insurance and the admission of Russian ships to foreign ports and entry of foreign ships to Russian ports.

In view of less Russian gas, BASF has slashed ammonia production which is an essential component for fertilizers. BTW, the case of now badly-needed coal is probably the worst of all, as its complete phase-out was planned for 2030 but now fully reverted with de-commissioned coal-fired power stations most probably returning as Germany┬┤s first line energy suppliers. So after loudly saying that the EU wants nothing to do with Russian energy or Russian pipelines, the EU should hardly be upset if Russia is tired of laboring not to give them what they asked for, an economic divorce.

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