Russia sold about 90% American treasures. Do you know it?

As usual you are wrong. In an ideal world it would be like you propose, but we live in reality. The € System does not have a shared debt union. which favors Germany and squeezes the southern european countries down.

The southern european countries have higher debt and because there is no debt union, have to pay high interest rates. Meanwhile Germany pays no interest at all, because it only stands for its own debt, which is very low. The other side effect is, that because of the higher debt in southern european countries, the € is rated lower, which favors again Germany with its powerful export market.

This effects, which are positive for Germany but negative for southern europe are whats critizezd by monetary experts again and again, but Germany will never agree to a debt union and thats another example for "Germany first".

 

We do diversify. We make deals with Iran, Norway, Cyprus, Egypt, Azerbaijan and Bahrain. We only get 23% of energy from Russia.

We give a **** about Ukraine. Last time i checked, Ukraine is not part of Germany.

And Germany is Russias only big contract partner on energy market. We have them as much in our hands as they have us.

We can switch to LNG if needed. We have a Terminal in Wilhelmshafen for that.

If this NATO issue really is a concern for you, i advice you to drop the price of your LNG by almost half. A cubic meter russian gas costs 1.8 cent. Cubic meter american LNG is 3.3 cent.

By making this public, Merkel assured that the german public would never agree to buy american LNG at this price.

If you go down to 1.8 cent per cubic meter, our natins might get a deal.

 

Seriously? The russian holdings had already been "on the market". You know what a secondary market its?

Price collapse from a .5% liquidation? and you think I have no clue. good one.

 

Well, besides the fact that what you described above will be the reason for eventual euro demise, I would like to point out that the ECB is modeled after federal reserve. Germany is like Illinois - it has its own debt, but the federal share does apply to Illinois residents separately, because Illinois cannot create its own currency. You need to understand how ECB creates currency and injects it into circulation. When euro collapses you’ll be surprised to see how much more germany will owe. Unless EU turns into true classic federation, in which case Greek and German debt will be combined together and you’ll be paying greeks retirement similar to what Germans get.

 

Wrong. Germany blocked any attempt to make individual debt EU debt. Its the core problem of the € and the core problem of the southern europeans. France tried for year to bring Germany to accept a debt Union. Something Germany always denied to do. Germany chose the nuclear option. If a country goes bancrupt, its cut out of the €. Something that was doen for 2 weeks to Greece in 2015 until it went in starvation and accepted all german demands. The € as it is right now serves only Germany and some small northern european countries.

Which is ironic. The € was once instaleld to contain German power but the extreme imbalance made it work only in German interest and made all others bound to Germany.

arren Buffet said, the € was meant to enchain the T rex but it turned out that ll others are now with the T rex inside the cage.

 

You obviously have no clue about the english language as well, since nowhere in this text i mentioned this recent russian contract but a general principle.

 

It kills me how you pretty much stated above that EU is pretty much doomed, yet you cheer to the unsustainable situation thinking it will benefit Germany forever.
In earlier posts you claimed that other countries should use euros as a reserve currency, yet here you describe the exact reason why they shouldn’t - sooner or later, Greeks, Spanish, Italians and others will be finding themselves in increasingly difficult economic situation and at some point they’ll want out. Which means euro is a temporary currency that won’t be around for significant period of time. And when those countries leave, Germany will be finding out that there are credits for each euro ever created and that there is a fair amount of those credits that need to be allocated to Germany.

 

I dont expect it to benefit us forever. We have a saying in Germany, dont slaughter the cow as long she gives milk. Thats whats going on here.

Greece, Spanish and Italians are in a decission, accept the current status or leave and face institutional collapse. As Germany cut Greece out of the € system for two weeks in 2015, their pensioners started starving in the streets. After 14 days Greece accepted evry German demand. The art is to make leaving the € more painful than staying in it, And that status is carefully kept. You should read Varoufakis book. He was greek finance minister at that time and writes that when the german finance minister entered the room, all other nations finance ministers went silent.

The example that was used on Greece, was not meant just for Greece. It was a signal to Italy, Spain and all others.

As long the price for the Italians, Spanish and so on is, that their mothers beg infront banks and starve to death,, they stay in the €.

The only thing we Germans are better in than engineering is making systems that guarantee an iron grip over all those idiots below us.

What i find funny though is that those morons signed their death statute themself and celebrated it

 

Oh we are talking about the russians and you want to make a general principle as if its in context.

But I do like your kneejerk "no clue about the english language". I realize it wasn't a deliberate attempt to make yourself look like a foolish arse, but it was successful.

 

As i Said, i dont Come from a debt ridden country Like you.

 

Well, getting out of euro zone will be painful. It’s not impossible, though.
I always thought that any currency union is dumb. You can’t run monetary policy that benefits more than one nation.
As the pain of being in euro zone continues to grow so will the pressures to get out and higher chances of nationalists taking over in those countries. Not a good outlook for the currency and the whole block.

 

I give a **** about the block. Im a german Nationalist. For us the € works perfect

 

Adolf Hitler would be proud today!

 

So would Bismarck, Friedrich der Große and Alexander von Humboldt.

Germany got sucked on from many parasites a long time. Im aware that figures like you are scared, that those times are over. The free loading is over.

 

Your words on another page:

People who really handle money don’t care about politics or personal beliefs - they only care about the money. They won’t use euros because they are not stupid. Russians aren’t trading their gas for rubles because they are not dumb. Everyone understands that euro has no stable long term outlook.
With my gentle help you just proved yourself wrong.

Congratulations!

 

You proved me right. USA acts like a terror nation. Countries,like Russia and China have the interest to cull back american influence, thats why they switch to the €. For Iran it was a survival strategy. Irans example shows, that the € saved their business.

It is in german interest to stand aside and act as knight for troubeled countries. We proft from the conflicts you start. Iranian oil is cheap.

 

Hmmm, no, ), sobo, why would I be scared, I just made the distinct comment.....although, the EU association agreement didn't convince the russkis, sobo, Angela tried to convince Vladdie to sign on the dotted line, some time ago, but he refused!
I guess taking orders from the Germans twice before cost over 50+ million lives....why take the, LOL))chance

 

Didn’t you say the euro is doomed just a few posts ago?
Now it’s not?
Can you make up your mind?
By the way, Iran didn’t use USD for many years now. They were under such intense sanctions that they were pretty much not allowed to use USDs.

 

Which is good for us. The Euro is doomed as much as the Doller. The world economic system is not stable long term.

As for Iran, them switching to € made all this fine fuel deals we have possible.