The bombing of the Nord Stream gas pipelines in the Baltic Sea was an act of war. The evidence very strongly points to the U.S. as being either behind it or standing aside as it was carried out by some other NATO member or related contractor. In other news, the Biden Administration and OPEC are at a crossroads. (The video clip below addresses the troubles within the Biden, U.S. and OPEC relationship, and its impact on America’s Strategic Petroleum Reserve and its oil supplies in general.)
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The complete episode brings the evidence, and more.
It’s a mystery as to why the leaders of Germany and Europe would allow this act of war to be carried out, and then not say anything about it (and even help cover it up by not allowing anybody near the attack sites where evidence might be lying scattered about). Seems traitorous to their own people.
An equal mystery is why the people of Europe put up with such harmful and defective leadership, but we have the same mystery here in the U.S., Australia and Canada, so I’m not throwing stones. Just observing.
I do believe this acquiescence gives way to something more active and contentious, especially as the cold weather and lack of gas for heating wears on this winter.
Meanwhile, despite hefty efforts to prop up financial assets over the past few days, the signs of stress in the European banks (especially the Credit Default Swaps of Credit Suisse) continues to mount. There’s no chance at all of Europe suffering through a major energy shortage and an attendant decimation of the European economy without a few major banks going under.
When that happens, lots of spill-over effects will happen, but it all results in the same thing; money printing and more inflation. So, be sure to buy what you need as soon as you can, while it is still relatively cheap and (importantly) available.
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