- European industries are struggling to stay competitive amid soaring energy costs.
- Surging natural gas and electricity costs have resulted in a jump in operational costs for all industries, from steelmaking and car manufacturing to textiles and clothing.
- Europe’s industry associations cautiously welcome the various EU proposals, but urge Brussels to take further action
German industry is not competitive without inexpensive energy piped in from Russia based on longterm contracts rather than spot prices. LNG transported by ship is too expensive. So while Germany may be able to met its gas needs by bidding up the price of energy, this will not address the competitiveness issue. But even that is hypothetical, since the infrastructure for importing LNG is not yet in place and LNG is also restricted by the scarcity of vessels required to transport the desired quantities.
Longer term, after social unrest has removed Washington's local viceroys, Europe will resume trade with Russia.
ReplyDeleteOr, once again, I have underestimated the stupidity of Europeans.
Longer term, after social unrest has removed Washington's local viceroys, Europe will resume trade with Russia.
ReplyDeleteEither European governments are replaced and the EU is canned, Maastricht included, Europe countries will become backwater US vassal states.
I would expect European governments to fall and probably be replaced by nationalists that emphasize national interest and are for jettisoning the anti-nationalist EU and also NATO (domination of the US).
Putin did it. :)
Italy elected a nationalist, but there is no indication Meloni wants to separate or even distance Italy from the EU or exit NATO for that matter.
ReplyDeleteI would think most Europeans would look down on Russians generally…
ReplyDeleteNATO is going to become stronger than ever…
ReplyDeleteGOP Congress alone looking at a 50B supplement for NATO in January…
https://www.nbcnews.com/politics/congress/gop-ukraine-skeptics-poised-gain-congress-lawmakers-look-lock-billions-rcna53167
ReplyDeletehttps://www.reuters.com/world/europe/german-parliament-approves-suspending-debt-brake-2022-10-21/
ReplyDeleteGermany suspending fiscal constraints theyre going to gear up..
I would think most is going to go into Air… some Armour…
Perhaps Mississippi should have referendum to join Ukraine... cash in on that largess.
ReplyDeleteLockheed Martin is headquartered in Bethesda Maryland not the Ukraine
ReplyDeleteNATO is going to become stronger than ever…
ReplyDeleteIn the news in Business Insider, referring to defense industry and parliamentary sources, it was announced that the German army (Bundeswehr) had enough ammunition for only one or two days of war.
Germany suspending fiscal constraints theyre going to gear up..
That means the Euro keeps falling, which means higher European interest rates, which means civil unrest. Check out what's happening in France.
They could ramp up the production of bows and arrows for the military, but there's a shortage of kindling.
ReplyDeleteWe have 200 F-16 ready to be decommissioned replaced by F-35 and F-22…. .. can do service life extension for a relatively small amount..
ReplyDeleteNATO could do +200 F-16 with advanced avionics pretty quickly..,
They are also going to provide fiscal support for higher energy prices… put on a sweater ….
Boris going back in UK…
Tom has created a new dialogic synthesis … the “Nationalist-Pacifist “…. That cohort has probably 3 people in it…
ReplyDeleteHow Much Does It Cost?
ReplyDeleteThe F-35’s price per unit, including ancillary costs like depot maintenance, ground support equipment, and spare parts is $110.3 million per F-35A, $135.8 million per F-35B, and $117.3 million per F-35C. Those totals do not include the nearly $1.3 trillion in life cycle costs to operate and sustain the aircraft over its 66-year life cycle, making it the most expensive weapons system in U.S. history.
A Shahed-136 kamikaze drone costs $20k.
For the cost of one F-35, you could instead have 6,000 drones.
"Quantity has a quality all its own." —Joseph Stalin
All you have to do is hit the drone factory,,,
ReplyDeleteThis may happen in Iran…
US voters would be 75% for it…
Ahmed if it was put to a vote in US (kicking Irans ass back to Stone Age which wouldn’t be too far back) it would pass no problem…
ReplyDelete“ Quantity has a quality all its own." —Joseph Stalin”
ReplyDeleteWhat quantity of vodka?
They are a drunk cleptocracy… complete joke… Russian Air Force can’t even get off ground..,
Here:
ReplyDeletehttps://theprint.in/defence/air-denial-over-dominance-democratised-technology-lessons-for-iaf-from-russia-ukraine-war/1167547/
Russian Air a joke…