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Germany didn't build LNG Terminals and pushed for a second pipeline because of the "Wandel durch Handel" doctrine they wanted to interlink Russia and Asia so de
by throwmeariver1 5y ago
Germany didn't build LNG Terminals and pushed for a second pipeline because of the "Wandel durch Handel" doctrine they wanted to interlink Russia and Asia so deep into the western trade hemisphere that it would be impossible for both sides to go out of it. Of course, Germany will have a hard few years ahead but it is nothing compared to what is coming for Russia in terms of economic hardship. There is a lot of talk about 80% of the Russian people won't be really affected by the sanctions and it's true but the people that are affected by it are the people that are in the realm of power and can force change. No, matter if you are left or right wing people don't want change if worsening your daily lifes and if a modern country can cope with the brain drain of their middle class. Most of the countries that are depended on their natural resources never invested in their capabilities in science or construiction. In the end it all depends on the stance of China and if the Western countries can switch their cheap labor force to South America and Africa or if there is enough public endurance to do it in about 5-10 years. Interesting times.