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Zero Hedge — Germany Scrambles To Ration Gas After Refusing To Make Payments In Rubles

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Let's just say that the situation is fluid, as the post shows. Standing of principle sounds fine, but the foundation of principle is sand, not granite.Zero HedgeGermany Scrambles To Ration Gas After Refusing To Make Payments In RublesTyler Durdenhttps://www.zerohedge.com/energy/germany-scrambles-ration-gas-after-refusing-make-payments-rublesSee also at ZHEuropean leaders have grown quite fond of bandying about the notion of liberating their economies from their dependence on Russian oil and gas. Unfortunately, the numbers just don't make sense...This is what happens when you don't think things through before taking action.Europe's Plan To Boost LNG Imports From US, Elsewhere Faces Major ObstaclesTyler

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Let's just say that the situation is fluid, as the post shows. Standing of principle sounds fine, but the foundation of principle is sand, not granite.

Zero Hedge
Germany Scrambles To Ration Gas After Refusing To Make Payments In Rubles
Tyler Durden

https://www.zerohedge.com/energy/germany-scrambles-ration-gas-after-refusing-make-payments-rubles

See also at ZH
European leaders have grown quite fond of bandying about the notion of liberating their economies from their dependence on Russian oil and gas. Unfortunately, the numbers just don't make sense...
This is what happens when you don't think things through before taking action.

Europe's Plan To Boost LNG Imports From US, Elsewhere Faces Major Obstacles

Tyler Durden
https://www.zerohedge.com/energy/why-us-wont-succeed-weaning-europe-its-dependence-russian-gas

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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