Russia just shut down the Nord Stream gas pipeline and Europe's energy crisis is getting worse.
But are higher gas and oil prices the only reason for the global energy collapse?
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But are higher gas and oil prices the only reason for the global energy collapse?
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SIGN UP FOR ETORO (Global Investing Platform)
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GET A FREE SHARE WORTH UP TO $150 WITH STAKE (UK, Australia, NZ)
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You will get a free share if you sign up using this link and deposit a minimum of £50.
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DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: (For Lightyear affiliate link) The provider of investment services is Lightyear Financial Ltd for the UK and Lightyear Europe AS for the EU. Terms apply: golightyear.com/terms. Seek qualified advice if necessary. Capital at risk.
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DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
The truth is in the numbers.
Now, this is the information people need.
We are so frightnened of socialism we won't even scare the goliath companies with weak threats of taking them public. Avarious, without fear of impunity, and off they go.
Most goverments are evil, your doing honourable Samurai work Sasha
I have to like this video – no choice. It is a very good analysis. Well done Sasha! I hate to say this – everyone can make Russia the bogeyman but the real (and quiet) winners are the unscrupulous energy companies.
Saha stop to be a drama queen.
And Jesus change your shirt!
Baby powder on your sweaty face to stop the im smoking crack look
Everybody making money the Americans the russians energy companies
Europe is the only looser here..
Most of what you've said is true, expect for your catastrophic lack of understanding about how energy prices are set.
They are set by the market, due to scarcity, not the energy companies.
Without the crazy prices, then the tragedy of the commons kicks in because one entity can buy out all the supply, during a time of shortage.
The companies aren't setting the price, the market is.
We can talk about taxing the profits, aye but I'm so sick of hearing this pathetic low iq school child "ooo evil energy companies".
What's even worse is the fact that while we simultaneously spit out our dummies, over the profit, we also stop the companies reinvesting the money to increase the production and fix the problem.
It's ridiculous because the public will is being expertly redirected away from tangible solutions to the problem.
This video needs to go viral
This video needs to go viral
Very good video! Thanks
Wow. This is shocking. But not surprising. Thanks for the insights, Sasha!
Fantastic video
Europe is crippled by voluntary EU sanctions against Russia, but not by the Russian military actions themselves, for which the sanctions also have no effect. European politicians in obedience to Washington and against their public voluntary and knowingly walked into this mess.
The irony in the UK is that energy prices are pegged to gas. So if you're being an environmentally conscientious citizen and switched to a renewable electricity deal you'll still pay inflated gas prices.
Isn’t Warren Buffett investing a lot in Occidental Petroleum? The greedy Buffett?
We knew even before 9/11 to stop trusting Arab and Russian gas/oil. We had golden opportunities with the EV1 (before) or going all electric after 9/11 but instead we dug in went into Iraq (again). Wind, Hydro, NUCLEAR and Solar to powerwall grids coupled to EVs are the future. Bring the Kremlin and Gulf Arabs to their knees once and for all.
The UK will be more in a dire situation than the European Union due to isolation.
Man this is genuinally depressing..
Well at least Liz has frozen energy bill prices. Not sure how they'll come up with the money but lets see
Shutting down nuclear power plants to focus on Russian gas pipelines was the stupidest, likely most corrupt, decision ever.
I find it hard to believe they will keep the gas shut off. I don’t know man in Canada it’s HOT as hell. No need for gas at this time if i was operating Nordstream2 and it needed to be shut down for maintenance then I would have done it now instead of closer to winter. But no question Russia using it to keep a grip on country’s. I’ll be NATO is using the whole global warming narrative to destroy Russia’s market.
Energy companies should be nationalised and become non profit.
Another amazing video.
You will own nothing, and You will be hungry! 😉
Great video, basically confirming what I suspected all along and I thought it was me being my ultra cynical self about this situation!!
Oil/ Gas companies seeing this as one last hurrah before the ban on ICE cars in 2035 and carbon zero by 2050. In many ways its the 'little people' being screwed again by big corporations with the politicians and regulators turning a blind eye. Smacks of the 2008 financial system melt down, who paid then and who going to pay now…..?!!
So Europe refuses to pay a supplier in its own currency. Why? Isn’t that shooting yourself in the foot? Then they want a price cap. That’s smart.
greedy ugly corporates
Everyone want their country to be safe. Last month, that pipe leaks to be repaired bypassed sanctions and sent to Canada to repair it. Canada agreed to repair turbine and pipe so that Europe can receive gas after that. So who is following sanctions. Did Canada, Germany, USA , UK followed sanctions without bypassing few rules not suitable for them?😁
You should learn about how the energy price system in EU before spreading such disinformation.
Fuck capitalism!