Germany’s energy situation is dire, and the Nord Stream pipeline explosions have only worsened its geopolitical and economic outlook…
The pipeline explosion changes the entire geopolitical position of Germany, as it cut off any hope Germany had of restarting relations with Russia and regaining access to cheap gas supplies, which have served as the bedrock of the country’s industrial sector.
“The fourth beast is a fourth kingdom that will appear on earth. It will be different from all the other kingdoms and will devour the whole earth, trampling it down and crushing it.” Daniel 7:23
Given the circumstances, Germany is growing angry over the “sky-high” gas prices it has to pay from so-called “friendly countries.”
Federal Minister of Economy Robert Habeck has criticized the high cost of delivering liquid gas to Germany.
He says that even “friendly countries” have sometimes demanded “astronomical prices,” Habeck told the Osnabrücker Zeitung. He said there is need for further discussion in order to bring prices down.
The EU must also “bundle its market power and orchestrate a smart and synchronized purchasing practice for EU states so that individual member countries do not outbid each other and drive up world market prices. The market power of the member states is “enormous.”
Besides his criticism of the U.S., Habeck left it open as to which countries he was accusing of price gouging.
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