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> On the other hand russians have nothing left to blackmail Europe. that's a very naive way of looking at economic interdependence, even more naive than the vi
by ghostwriter 4y ago
> On the other hand russians have nothing left to blackmail Europe.
that's a very naive way of looking at economic interdependence, even more naive than the view of politicians half a year ago that led Europe to the current energy crisis. How about european aerospace industry's need for titanium and aluminium? [1] There are several important resource markets where Russia has a significant share of the supply pie [2]. Metals and fertilizers to name a few. Politicians know that but are acting as if they don't, and the public has better start asking them for more than just knee-jerk reactions with economic sanctions that mostly hurt key european industries and numerous households that depend on these industries.
[1] > Airbus has said it relies on Russia for half its titanium needs, while a U.S. industry source said VSMPO-AVISMA provided a third of Boeing's requirements: https://www.reuters.com/business/importance-russian-titanium-global-industry-2022-03-01/ https://www.reuters.com/business/importance-russian-titanium...
[2] https://www.oecd.org/ukraine-hub/policy-responses/the-supply-of-critical-raw-materials-endangered-by-russia-s-war-on-ukraine-e01ac7be/ https://www.oecd.org/ukraine-hub/policy-responses/the-supply...
- lnsru 4y agoAluminium and titanium can be sourced from other sources. And they don’t depend on complex pipelines for delivery. It will be more expensive for sure.