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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (187060)4/28/2022 1:35:37 AM
From: sense  Read Replies (2) of 217823
 
I did all that analysis and the math... a while back... which is why I ended up buying Gazprom... as a no brainer of an opportunity with "can't get there from here" as the alternatives... in any reasonable time frame.

And, with Biden green-lighting Nord Stream II... why not ?

The Europeans, of course, were warned for decades that they needed to avoid exactly that...

And, the sluggish responses... not just to recognition of the risk... but also to rising prices... showing that price incentives somehow don't work in Europe the way they're supposed to ?

I have plenty of criticisms for China, too, of course... along with Biden et all... but, in China, at least... you won't see them gladly suffering over-paying for anything for very long... even as a point of pride in deflecting from some loss of face... which can always be deflected by some other means... at less expense ?

It's tempting to blame it on ideology... but, it seems a perversity if an ideological bent...

More likely... it's the Euro's grotesquely dysfunctional bureaucracy that's to blame...

A thing we could all do with less of, the European's have such a rich abundance... they merely need to figure out how to get as much energy back out of it as they put in. Or, turn it off... and the problem disappears.

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