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"Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them)
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nctnico:

--- Quote from: james_s on September 13, 2022, 07:40:19 pm ---
--- Quote from: daqq on September 13, 2022, 07:36:30 pm ---
--- Quote from: james_s on September 13, 2022, 07:30:31 pm --- The only way to avoid voting for a bucket of shit is by not voting at all. The best you can do is aim for the best apparent ratio of good stuff to shit and hope for the best.
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Funnily enough no. There are voting systems where the little guy with an appealing message can get the chance without actually throwing your vote into the trashcan, see: https://www.eevblog.com/forum/chat/improving-democracy-through-math/

--- End quote ---

Well there are certainly advantages to that. You have to be careful though, sometimes the "little guy with an appealing message" turns out to be not very good in practice, we've seen a few of those get elected. It also doesn't change the fact that even those little guys often have some stance on something I don't like. There is no perfect candidate.

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The solution for that is having a system with multiple parties and no absolute power in a single person. Many countries in Europe have such a system and generally this works well because extreme ideas get dampened. Not saying nothing goes wrong ever, but there is a quick counter response not hindered by the short sightedness / tunnel vision of a very small group of people.
BravoV:

--- Quote from: wraper on September 13, 2022, 05:50:01 pm ---The problem is you are not supposed to eliminate dependency by destroying your country in the process. The only way EU can live without of Russian gas in short term is shutting down a huge number of factories.

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Its well planned and intentionally pursued.

A severely weakened EU is going to be an excellent state to make a "more" obedience EU, good for Washington, think about it for a minute from the white house POV. Also a poor, pissed and frustrated population can be easily to be converted into extremists as the blame/escape goat already set, you can not easily do that on a relatively wealthy/relatively content population.

Another fact is that we are watching Euro and Pound-sterling keep weakening week by week, as UK and EU are keep printing money like crazy, just few days ago UK's PM Least Trust just signed a humongous financial bail out package that is even bigger than the one used in the 2008 global financial crisis in UK. EU central bank is also about to print a lot more, as its not realistic to expect the pain thresholds of each EU countries are identical on the current crisis.

If you have an idle saving in these currencies, convert it to what ever other currency you trust, the sooner the better.
dietert1:
The whole western is printing money like mad, with the US no exception. This seems to be a problem of western style democracy: Economical failure of the state, as people vote for an easy life with luxury cars, large housing, health insurance, multiple vacations every year including flights for everybody etc. etc.
And the business sector that works better is an exception to democracy anyway: No free speech in large corporations. Maybe we should respect autocratic governments who try to run and develop their countries like a business and suppress any disturbance from outside.

Regards, Dieter
BravoV:

--- Quote from: dietert1 on September 14, 2022, 05:39:02 am ---The whole western is printing money like mad, with the US no exception. This seems to be a problem of western style democracy: Economical failure of the state, as people vote for an easy life with luxury cars, large housing, health insurance, multiple vacations every year including flights for everybody etc. etc.
And the business sector that works better is an exception to democracy anyway: No free speech in large corporations. Maybe we should respect autocratic governments who try to run and develop their countries like a business and suppress any disturbance from outside.

Regards, Dieter

--- End quote ---

When giant businesses and industries in EU are collapsing, wonder how it will hit & drag the financial/banking sector, and once the main EU industrial work horse like Germany is hit hard, as Euro is centrally managed, a domino effect is a sure thing, its just the matter on how fast & how contagiously it spreads throughout EU countries.

Just fyi, one of my friend working at German's chemical giant BASF said workers are worry that mass lay off is coming at their big factory as its totally stopped running for few months now.  :scared:
iMo:
There is no need to print new money in EU. EU should start to reflect new geopolitical and economic situation and to focus itself on the most important things - like energy in this very moments. EU should stop throwing big money into various "nice to have" projects and start to manage the today's real issues. That needs quite committed political staff in Brussels and in within the EU countries, what is not the case I think, as building the "nice to have green gardens" is a much more sexier offer for its voters than doing corrective measures in energy sector. I have not heard that any EU program stopped or was put on hold because of the redirection of funding into more important issues.

Kremlin is laughing when they observe what is going on in our Brussels and in our media, where to decide on something takes many years of public discussions and political disputes - while you have to mess with thousands of childishly unimportant EU agendas especially in these days. They call it a "decadent western democracy" and they do not understand how we in EU can live with it and therefore the vast majority of population there does not understand the real need for such a democracy there. They have the Tzar and he will decide on what is important for them within a day.
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