Russian President Vladimir Putin’s invasion of Ukraine has exposed Germany as Europe’s largest, strongest, and most globally connected economy in its dangerous dependence on the flow of Russian gas. Russia reduced gas supplies in June for the main pipeline Nord Stream 1 to below 40 percent, before cutting them altogether on July 11 to allow for routine annual ten-day … [Read more...] about Energy Idiocy
Putin
Did Germany Inadvertently Encourage Putin’s War?
Three days after Putin’s war against Ukraine started, German Chancellor Olaf Scholz, in a special session of the Bundestag, proclaimed a Zeitenwende, in the sense of a historic shift. The Russian invasion of Ukraine shattered many fundamental convictions of German politics, including “change through trade” (Wandel durch Handel), which had prevailed for decades. In a … [Read more...] about Did Germany Inadvertently Encourage Putin’s War?