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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (804561)8/31/2014 6:56:22 PM
From: combjelly  Read Replies (1) of 1578531
 
Yeah, I had no idea that fracking was a real possibility in Germany until recently. Very stupid that they have been sitting on their hands and jawboning instead of moving forward.

Part of it is the natural trend of a democracy to not really do anything until there is a crisis. Why spend money now when you can just kick the can down the road? Another part is that, in my opinion, Germany thought they had tamed Russia and could use them to forge a greater EU that is independent of the US. With Germany in the driver seat, of course. That could have worked, too if they had some other leader than Putin. Virtually anyone else would have seen the advantages of a greater EU that spanned much of Eurasia. Entice China into the fold and it would be a tremendous economic bloc.

In that scenario, being dependent on Russian oil and gas is a no-brainer. It gives Russia niche to fill and keeps the oligarchs fat and happy. China could be the factory for low and mid range goods. Germany would be the luxury producer of choice. The rest of the EU would do what they were told.
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