Germany complains about "astronomical prices" for gas demanded by US and other friend countries Dumbo Germany, there is no such thing like "friendship" in business Source (in German): https://www.spiegel.de/politik/robe...endern-a-67cfabae-8a1e-499d-9697-aa7199312fca "Habeck kritisiert »Mondpreise« für Gas aus befreundeten Ländern »Das bringt natürlich Probleme mit sich«: Der Bundeswirtschaftsminister rügt die Preisstrategie einiger Staaten, die Erdgas an Deutschland liefern. Besonderen Druck macht Habeck den USA und Brüssel. 05.10.2022, 08.24 Uhr [...] "
stupid because it is the market, it is all about the demand and supply. The liberal party would not make such claims. Only some of other parties here.
There is only New Love as Vlade pulls the babe called Deutschland in. Behold Germany'snew boyfriend, Vlade In the morning Senorita and I will go walkin ...................
BEAR market at 6 degrees of TREND has one guaranteed FEATURE ......... the rupture of alliances and formation of new ones to the shock and consternation of ALL observers, but in reality its all normal operation in a BEAR of this stature Vlade holds all the cards.
Higher oil prices is next. Europe is about to pass thru the meat grinder. US is next because Europe is one of the largest trading partners of the US. When Europe gets into a depression, US will follow closely. Where are they going to sell those goods the US is now exporting to Europe? US companies will layoff and some US companies will go bankrupt. CNBC hacks saying everything hunky dory with the US economy. That is a hoot!
%% I remember when oil got near$ 140-150, one paint store, i had a commercial account in, offered $00.50 for empty 5 gal paint pail[oil based plastic recycle] Plenty of ways to measure a downtrend\ i would not call oil down about 50% from Hi or below $100,a good uptrend. barchart.com has oil as a overall 16% buy+67% long term sell. XOM Ceo said when oil was lower than $90 \there is an unwanted $20 spec premium in oil. Of course XOM + related can make money on refining+ plastics........... Oil went to $1.29 in 1929\ $00.65 in 1931. But they did come up with good idea of selling TX tea, refined by the quart\LOL
I love it when Trump told the dumb Germans they needed to quit relying on Russian natural gas because they could be held prisoner (figuratively, not literally). They all laughed at him. He was right of course. Reap what you sow, dummies! And pay us our money, we tried to tell you LOL!!!
Now we all know why the USA wanted Germany to stop cooperating with Russia... Selling American gas to the Germans for exorbitant prices... Buying from Russia was not that bad compared to these greedy Western "friends"...