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| "Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them) |
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| tom66:
The speculation is that new UK PM Truss will borrow massively to cap energy bills at £2500 pa for the "Average Household". Whilst this is probably the morally correct thing to do, one wonders if it will just cause more inflation of energy prices and lug the UK with yet more debt. It needs to be combined with windfall taxes on the producers that are making bank. |
| BravoV:
--- Quote from: themadhippy on September 06, 2022, 03:14:25 pm --- --- Quote ---recently UK's PM Boris Johnson --- End quote --- Energy prices had very little to do with his demise .More he was a useless lying ***t --- End quote --- His lying and nasty behavior are not the big problem, if he managed to rule the country well, he wasted his own leverage when he won on the Brexit, and basically throw that powerful momentum away and creating more problems for the country instead. I have dozens of friend native Britons, told me basically if the UK's economy was fine & dandy, most Brits will sort of close their eyes and ignore on his nastiness, but since problems and problems piling up starting on his reign, hell, even he was breathing weirdly will be used as an excuse to topple him, let alone those lying he had done. |
| Marco:
--- Quote from: BravoV on September 06, 2022, 03:04:52 pm ---Thats the plan from the start of the heavy sanctions and robbing Russia's reserved money --- End quote --- The plan was to make the best of a disastrous situation and prevent an easy war from becoming a springboard to military belligerence and planting plain clothes combatants in the Baltics. |
| Siwastaja:
--- Quote from: nctnico on September 06, 2022, 01:31:16 pm --- --- Quote from: Siwastaja on September 06, 2022, 11:38:19 am ---We can do nothing but to watch this farce, and of course re-design our lives from scratch, for example become more self-sufficient with food and energy, stop going to work (or at least stop getting paid for it), and so on. And of course, with no public healthcare anymore, and with no money to buy private services, better not fall sick. Full blown survivalist shit we all laughed at just a few years ago. --- End quote --- You are being overly dramatic. Europe was shot to bits not that long ago and we recovered just fine. Every few years there is a crisis. You know what they say: 7 good years are followed by 7 bad years and vice versa. This is not the first time things go bad and it won't be the last time. --- End quote --- It is easy to say when you distribute the loss, but the specific problem we are seeing here is that our current puppets are pretty much sacrificing our very small country for the sake of the energy prices in other EU countries. If we just look at Uniper/Germany's cheap 10-year gas contracts, the problem is here: 20-30 billion out of the pockets of a 5M people country, to the pockets of a 80M people country, totally kills the former, but does not help the latter much, only a very minor and temporary relief. Me pay 10000, you get 500, you got it? So the problem is this: during active energy war in Ukraine, Uniper makes 10-year fixed price gas contracts in Germany: what could go wrong? When it is obvious it is going under, puppets in Finland decide it is a good investment, against all experts and Uniper itself, to buy majority share of the German company. And when it is finally actually going bankrupt, which is what it should do, finally ceasing the fixed contracts and exposing the real prices to the German consumers, this bankrupt is prevented again and again by pushing billion after billion of Finnish taxpayer money into the company. And it's still not stopping. There have been economic disasters in Finnish history, such as buying hugely expensive 3G mobile operating licenses with taxpayer money all over Europe in early 2000's, which all ended up being a loss. But the Uniper scandal, is by far, the biggest economic disaster in the whole Finnish history, and it still isn't over. Of course "it is only debt, it doesn't need to be paid back". That also ensures we are going to be in debt in unforeseeable future, because interests keep running. That only means increase in taxes, and that means people will do everything they can to avoid paying taxes, which means cease of innovation and/or wide spread black market. That means further collapse of public healthcare etc. although many consider it already collapsed during last 2-3 years. Now it is widely reported that getting a stroke, for example, puts you in 5-hour queue for treatment, so you just simply die or worse, become paralyzed or brain damaged. This is totally unheard of and does not repeat every 7 years as you say. So no, this is not your "usual crisis". Of course recovery and rebuilding is always possible, and that is what I am eagerly waiting for, because I like to be constructive. But right now, we are not at that phase yet. We are just watching our country being actively destroyed. It needs to hit certain rock bottom before the reconstruction can begin. |
| nctnico:
But that is a 'Finland' problem caused by people that where put in power by democratic voting. |
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