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The energy market shock wasn’t caused by the Russia-Ukraine war. That’s a local conflict which would typically not have a significant impact on energy deliverie
by blub 4y ago
The energy market shock wasn’t caused by the Russia-Ukraine war. That’s a local conflict which would typically not have a significant impact on energy deliveries.
The market shock is caused by lack of supply caused by Russia cutting deliveries, which in turn was caused by the EU declaring economic war on Russia.
- MattPalmer1086 4y agoWhich in turn was caused by the Russia Ukraine war...
- blub 4y agoTechnically correct and yet the unprecedented extent of the sanctions, the lack of a defensive treaty with the attacked party and the vulnerability of the EU to these very sanctions make them debatable. It is precisely this debate which is being suppressed through either public shaming or by directly blaming Russia and omitting the role of the EU (and US) in this economic fiasco.
- MattPalmer1086 4y agoWe did not want to support Putin in his reckless war. We certainly didn't want this to become the first of many such wars. Better to address this aggression with a very firm response, even if it means sacrifices on our side. So, yeah, we decided to impose those sanctions, knowing it would affect us badly, but we did it anyway. Most people seem to support this, at least for now. What point are you trying to make? That we should blame our governments for doing something most of us agree is painful but necessary?