Goldman Sachs predicts what will happen to Europe’s economy if Putin shuts off the gas taps
saying they were going to all along.
"Natural gas is once again front and center after Russian Deputy Prime Minister Alexander Novak warned that Moscow could halt its exports to Germany and the rest of Europe via the Nord Stream 1 pipeline.
(It's why you just be all George S. Patton on 'em and don't EVER do any business with 'em...opps....to late).
"The euro area generates around a quarter of its energy from natural gas, while Russia accounts for around one-third of the bloc’s imports. Any further gas import disruptions could therefore have significant knock-on effects for euro zone economic output and inflation, according to Goldman Sachs.
(Which will in turn affect us.)
"The prospect of further spikes in energy prices have fueled fears of a “stagflation” period, in which the global economy is beset by high inflation alongside slow economic growth and high unemployment."
(At least they are starting to talk about it which is a change from just a few days ago...and it ought to tell you something about which way this is headed.)
Total cut-off unlikely
"Given Russia’s reliance on exports to Europe and its ever-shrinking sources of revenue elsewhere in light of the suite of international sanctions, BCA Research strategists suggested in a note Wednesday that a complete stoppage was unlikely.
“Although Moscow forged a new deal with Beijing last month to supply China’s CNPC with an additional 10 billion cubic meters of gas a year, the new planned pipeline to carry these supplies will take two to three years to complete,” said Mathieu Savary, chief European strategist at BCA Research.
“In the meantime, Russia will have to rely on its sales to Europe to fund its military incursion in Ukraine and ensure domestic stability.”
This is where
these early 40's types just do not get it. They just don't. They didn't watch videos about the siege of Leningrad with their dads in grade school, they just don't have the concept of a people willing to endure under such extreme hardship. They are not thinking like a Russian. "a complete stoppage was unlikely." They weren't gonna invade either right? Gonna be quick right? Peace and security anybody? 1 Thessalonians 5:3. That verse is starting to be like a broken record.
I'll go with a football analogy.
The really good teams? They do what you don't expect them to do when you don't expect them to do it. To me? The fact that nobody 's been talking about it at all? (The turning off of the spigot so to speak). Tells me people know, they just aren't saying. There's a reason these peace and safety types are saying "well he wont do it... blah blah blah"...there's still $$$$ in it for themselves as long as they can get you to believe it...
If I was a CIA analyst and they asked my opinion? I'd say forget the Euro Zone, they will just shut it down completely, suffer through, and hold the world hostage, and their argument will be the west didn't give them any other choice.
And I looked up: Mathieu Savary, "chief European strategist at BCA Research". I couldn't find his age but probably early 40's. Theres one of two options here, he either doesn't know much about Russian history, or he's lying. Either way it's not good.
Five Reasons to Value Studying the End Times
Deception: "...But I believe some of the most dangerous false prophets will be popular social commentators and media personalities who are dignified, good-looking, cool, caring, intelligent, and well-spoken. They will use dynamic and creative social media platforms to communicate to multitudes. They will promote a false narrative regarding what is happening—a deceptive narrative that will oppose the biblical narrative of what is unfolding across the nations."
"The social commentators will be very persuasive in their call for new values and perspectives on social, sexual, and financial issues—issues currently escalating quickly in the social conversation of many nations and identified as key topics in the cultural wars. They will come across as logical and loving to many who listen to them.
Just so he doesn't think I'm only picking on him.
Read those two above paragraphs and think about the following:
MEDIA
"But even with the Ukraine conflict and Russia’s interference in the 2016 U.S. presidential election, the Fox News host described the tension in the region as merely “a border dispute” and wondered why Americans should despise the Russian president."
"They will promote a false narrative regarding what is happening—a deceptive narrative that will oppose the biblical narrative of what is unfolding across the nations."
Tucker Carlson, downplaying Russia-Ukraine conflict, urges Americans to ask, ‘Why do I hate Putin?’
POLITICS
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