Consumers of energy in the EU have been totally ripped off for past two or three decades, private energy providers have been profiting and the government have been letting them.

@abecore

Жыл бұрын

You are so incredibly dense. EU has ARTIFICIALLY CAUSED this crisis by restricting a cheap source of energy. You Europoors are about to head back into the stone age while your centralized bureaucrats continue to live in excess off YOUR TAX DOLLARS through their arrangements in Ukraine.

@zubairkhan1439

Жыл бұрын

That's what capitalism has become

@migsvensurfing6310

Жыл бұрын

In my country taxes on energy is mindblowing worse than the profits.

@CMoore8539

Жыл бұрын

It’s bad in the United States too. It’s difficult to get food and pay energy bills.

@Carewolf

Жыл бұрын

Even where the energy providers are non-profit companies, the local prices have followed the general prices

The fact that this came out just before Putin shut down the pipeline😂

EU people are hypocrites. You are the one that keep saying you do not want anymore energy from Russia, then why calling them blackmailing you?

@BrutallHawk

Жыл бұрын

you just made it clear with this comment that you dont know anything about politics. 👍

@189Blake

Жыл бұрын

The EU imposed thousand of sanctions on Russia, but when Russia 6 months after the sanctions close a pipeline is "economic warfare" 😂 Seriously wtf were they expecting would happen? 🤣

@Boopathydubai

Жыл бұрын

​@@189Blake ha ha, because west are civilized world, so what ever they want, they will do and talk

@colinstephenson5386

Жыл бұрын

Hello Dragil , Mr Johnson said at the beginning of this energy problem, Germany has a problem because they rely on receiving more than fifty % of their energy needs from Russia, whereas Britain only takes six % from Russia, I wonder why Mr Johnson has failed to tell us why Germany isn’t experiencing problems as big as Britain’s ? Yes Germany does have a problem, yet they are able to inform their population what the initial extra cost individuals should expect to cough up ? One English Government Minister said ‘ we are unable to say. How much extra people will have to pay just yet because we do have a leadership contest going on at the moment “

@zeemc2751

Жыл бұрын

It's not blackmail, it's war.

"we have achieved reductions in imports of gas from Russia" You didn't achieve it, they cut you off!

@noahway13

Жыл бұрын

I'm pro Ukrainian, but it is hilarious to see how Europe was going to hurt Russia by cutting gas usage. Then Russia cut gas and Europe cries NOT FAIR!

@noahway13

Жыл бұрын

What an amazing collection of international finance experts on this one thread.

@malgorzataojoj4256

Жыл бұрын

both are truth. Look at it a bit broader.

@LudvigIndestrucable

Жыл бұрын

@@malgorzataojoj4256 that's like looking at someone walking to work after their car's repossession as 'on a health kick'

@malgorzataojoj4256

Жыл бұрын

@@LudvigIndestrucable not really. Europe IS trying to cut on the Russian supplies of both gas and oil indpendently of what Russia is doing. You did notice the sanctions? or you missed them?

Why is no one talking about enormous money printing in US and EU during last two years?

@coconutmacaroon4907

Жыл бұрын

or the ill advised interest rate cuts during the previous admin. Or the tax cuts and money printing from the same?

@redwhite_040

Жыл бұрын

Indeed, it all started with the low interest rates last 10 years + all the covid lockdowns/printed money

@adamlennon750

Жыл бұрын

It does seem pretty simple, We shut our economies down, printed more money than ever and are completely shocked when that money is worth less.

@coconutmacaroon4907

Жыл бұрын

My biggest problem here is the comment has an agenda because it carves out the last two years. There are solutions but we can't talk about those.

@coconutmacaroon4907

Жыл бұрын

@@adamlennon750 It is misfortunate we are where we are but the alternative would probably been worse. Do your part. Spend less, support competition and support policy that takes this head on. Our economy is over heated. It could be worse in Turkey they have held onto their autocrat who zigs when he should zag.

Not just Europe. We have our own problems here in America. America is currently plagued with the hydra-headed evvil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.

@wiebeplatt4749

Жыл бұрын

Collapse is generous 1st time in our history with a full generation that wasn't taught finacial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.

@Robertgriffinne

Жыл бұрын

@Bridget HernandezEven if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one's job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls

@instinctively_awesome8283

Жыл бұрын

People don’t realize how bad the American economy is… it’s going to implode and collapse. Oil is looking like the previous major run up and probably peaking at 140-150

@user-ww9hp9fo5n

Жыл бұрын

Korea too

@davidc2072

Жыл бұрын

@@instinctively_awesome8283 why are gas prices decreasing then?

why aren't European sanctions on Russia ever mentioned when it comes to the boomerang effect on the EU economies?

@regophil

Жыл бұрын

Because the governments know they screwed up by blindly following US.

@kwokfung5644

Жыл бұрын

Because western media are biased against Russia.

@istheyear-ry1el

Жыл бұрын

bcs rhey dont their population to know the truth

@ryo0ka936

Жыл бұрын

the video title literally starts with "war" are you illiterate

@henrybn14ar

Жыл бұрын

They are not sanctions. It is a boycott.

Very sad they neglected to mention excessive central bank money printing as the primary cause of inflation

@Ulyssestnt

Жыл бұрын

Were we just going to let the economy crater in 2020?,we at least staved off a depression by a couple of years so people at least had some cursory time to get some affairs in order.

@henrybn14ar

Жыл бұрын

They don't want people to know the real causes.

@markperrin8098

Жыл бұрын

@@Ulyssestnt The boom is the disease, the bust is the cure.

@Ulyssestnt

Жыл бұрын

@@markperrin8098 Right,in normal times not force majure.

@lubricustheslippery5028

Жыл бұрын

Banks can also "print" / create money. Not cash but barely anyone in Europe uses cash any more. The central banks don't have the power over the currencies any more.

Targeting support to any consumer sector simply allows the supply companies to maintain their prices so the fact remains that subsidies never end up with the intended recipient. They always work their way up the tree to the top.

@dedskin1

Жыл бұрын

Talk about VAT , only end consumer pays it , the system is rigged for rich to get richer not for equality

Simply from " How long can Russia last?" to " How long can Europe last?" 😂😂😂😂

@hajarhajar8906

Жыл бұрын

@Daniel B lol you’re very delusional

@marattrader3745

Жыл бұрын

lol bro

@zolikiss2854

Жыл бұрын

@Daniel B it's just a winter, after that it's just eternal summer.

@zeemc2751

Жыл бұрын

Well this is a war provoked by the U.S. and the U.K. They should start something they can't win. Go Russia👍👍👍

@zeemc2751

Жыл бұрын

Daniel B, Russia is covered by China and India and a few other helpful countries. What more do they need? NATO really isn't helping Ukraine, wake up.

In france, 3 presidents ago, the politics asked the society about what they see necessary to improve regarding envirronement. renovation of housing was one of the big points. would the politics have applied what they said after this great communication show, France would right now be saving more gas than what russia is delivering to france ... unfortunately once again, politicians did nothing for the people but served billions to the big companies that employ their friends and finance their campaigns ...

@leopoldsoderpalm-berndes3599

Жыл бұрын

There must be sth wrong with what you wrote. In 2017 I volunteered in France, some 60km from paris and they did get gvt supported thermal insulation for their house which was ridiculously cheap... 1€ per m^2. Maybe not all did that, but there was a programme .... obviouly it takes many years to retofit all the houses.

@benjaminlamey3591

Жыл бұрын

@@leopoldsoderpalm-berndes3599 a few have been aided, but the target set is reached at about 1% ... once more one governement turned what the previous decided and they saved money ont the people ...

@juliestanfield8433

Жыл бұрын

Come on, All over the world politicans( include U.S and U.K right now) put the politics first to make money BEFORE put the basic needs of their people's!! They never have for 30 yrs or more on behalf on people.. ONLY POLITICANS for THEMSELVES! Talking points and play the games and propagandas.

The EU can only blame itself for relying on Russian Oil & Gas -- U.S has 8% inflation, but from government spending.

@logician3641

Жыл бұрын

They laughed at Trump when he tried to tell them...

@haskalah

Жыл бұрын

It is not because of relying, it is because of Lagarde and our own sanctions!

@logician3641

Жыл бұрын

@Coma White Yea but are you laughing now...Now that what he said has come to pass??

@annaredding

Жыл бұрын

Sad thing is, that it was a policy pushed by Germany against other EU countries. Not very reliable guardians of the whole EU's security. They better start listening to other EU member's concerns fast (and actually, not just in words), coz after this magnificient blunder good will is thin.

Perfect . Good going Europe. You deserve your green energy .

@Western_Decline

Жыл бұрын

Green energy is not your problem. It's the dumb war on Russia, driven by US military industrial complex.

@viliusr.8792

Жыл бұрын

only 0,1% wanted this... sadly those are at the top.

@SladkaPritomnost

Жыл бұрын

You know, pragmatic view on this is that at least high energy prices will effect consumption and that definitely should green the planet. So positive is that people should reorganize their values, and just be happy with less, that's the only way to go...

@chrisoffersen

Жыл бұрын

@@viliusr.8792 What did the other 99.9% want? Because it seems to get anything else, Europe would need to fund Russia’s atrocities in Ukraine. Was there another way?

@gavrilasdarius9247

Жыл бұрын

@@SladkaPritomnost I can agree with the last thing you said about people getting used with less, but the frist thing about green planet no and that's because country's like USA, China and other's are doing more damage to this planet and also are consuming more energy and resources then the European nation's.

For us Iranians even 20 % of inflation is considered ignorable in comparison with approximately 100% of inflation in Iran😁

@martinko4086

Жыл бұрын

@@benchoflemons398 NO wonder, Europe already absorb "poor people from middle east " ......and they demand, religion freedom that mean YOU will listen to them what they need. Also paid vacations for workers- employees , free health care , unions etc so some where something is going to GIVE UP . Like business is going to move to the USA where it pays to do it !! Sound like Europe did not learn from socialism . So pay the price !!

@attsealevel

Жыл бұрын

Mohammad, I feel for you. I am from the US but am currently at school in Munich (engineering), and my two closest friends are from Iran. I hope that this nuc deal goes through, so sanctions are lifted and Iran can rebuild its economy. I hope, I hope that Iran establishes closer ties with the West, because we ars similar in so many ways. Of all middle eastern countries, Iran is relatively moderate with tremendous human resources. Back in the US, where I did my undergrad work (in Physics), the Iranians in my class were all brilliant, funny and all very kind. Good luck to you and your country!

@user-du3gu2nm4q

Жыл бұрын

@@attsealevel American thinking. You always try to divide people by you and me....... Don't know what to say.

@buck-johnson

Жыл бұрын

@@attsealevel Yeah Mark, You're a doofis that will help Iranians get Nukes just cuz you want to seem nice.

@attsealevel

Жыл бұрын

But I wonder if maybe it's not better to lay down old paradigms (on both sides) and really try to find a constructive way forward. The extremes will never initiate here, so its up to more moderate voices to find a path forward. Otherwise, no one will trust, hate will continue to propagate and our divisions will continue. Instead, let's work toward a better understanding so that we can live in a safer world and prosper together as friends.

I don't know what EU expected after putting the sanctions on russia and then they had the audacity to tell Russia is blackmailing them by gas. People weren't you the one who said we won't use Russian gas anymore? Why are you crying now

@briancarno8837

Жыл бұрын

Im still waiting for Liz Truss to squeeze the Russians dry...She will make a great PM...

@gavrilasdarius9247

Жыл бұрын

I won't say someone's crying but it's hard to finde cheap gas, oil and energy(electricity). And before saing that the EU didn't do the correct thing in this case I'll say to thinking about the ukrainians that die or been losing their home just cuz an old guy saw it as his land. Imagine Turkey starting a war against Greece because some long time ago they had that land.

@ronanrogers4127

Жыл бұрын

Yeah, it’s pretty obvious, isn’t it. The disdain our leaders have for us, assuming we’re as idiotic as they are.

@tingleblade4274

Жыл бұрын

@@gavrilasdarius9247 it about nato, not about dreams. in the winter, demands were made, everyone considered them a bluff. well, what can be done about that today

@pirate6900

Жыл бұрын

@@gavrilasdarius9247 now that's the thing EU/Nato/America has to think about coz there is cheaper oil available but they don't let Venezuelan or Iranian oil to come into the market

Dont bite the hand that feed you. It is that simple

"One thing's for sure, we're all going to be a lot thinner"-Han Solo

@jon6309

Жыл бұрын

😂 unless the Hutts can afford the inflation hit!

@Ulyssestnt

Жыл бұрын

@@jon6309 I'm sure they will be fine lol:)

@onmountdoom

Жыл бұрын

Not really, junk food is cheap healthy food is expensive…

@markcrouch9047

Жыл бұрын

I've got a bad feeling about this

Blame Russia, blame China, blame anyone...

@istheyear-ry1el

Жыл бұрын

except the western side themselves

@tst6735

Жыл бұрын

Blame Canada, )

Come to Thailand. No earthquake, no forest fire, no war, warm weather, no droughts, beautiful beaches, cheap foods, nice houses 2000 sq. ft. less than USD 100,000, cheap gas and electricity, friendly people, good Internet access.

@brettalmeda3880

Жыл бұрын

Is marijuana legal there yet? I miss Thai marijuana, its the best.

@scrixdaasd4953

Жыл бұрын

you pay boss if you get sick. why are ask people from eu that get pay when they are sick. when people are taking about worst people live in eu. they have 50 eu to name every week from govremnt. and free house, free engrey, but 50 eu is not real anyting buy food for.

The solution is simple. People in EU should rise up against their own governments and demand peace talk between Ukraine and Russia.

@Siberian_Bear72

Жыл бұрын

@@atariukass1 In your dreams, Ukraine will definitely win. Reality is very different from your desires. In addition, people in the territories of the former Ukraine controlled by Russia now stand in queues for Russian passports and remember Ukraine as a nightmare. You don't know anything about Ukraine, so you shouldn't comment on events that you only know about from your corrupt media.

@migsvensurfing6310

Жыл бұрын

No. We demand energy companies to lower the price. Using new laws if nessecary. Ukraine has to win this war.

@Siberian_Bear72

Жыл бұрын

@@migsvensurfing6310 How can Ukraine win this war if the residents of the south-east of Ukraine do not want to be "Ukrainians", and the residents of Donbass openly despise and hate the Kiev authorities? Are you at least a little familiar with the reality in Ukraine ?

@kwokfung5644

Жыл бұрын

@@migsvensurfing6310 Do you realize Putin can bomb and completely destroy Kiev tomorrow if he wants to? He isn't doing that because he knows EU will disintegrate from within.

@annaredding

Жыл бұрын

Rather short sighted solution, as simple solutions tend to be. People in the EU should not do that, because its up to Ukrainians to choose. One power bullying them into submission because their greed is enough. What people should do is demand that the governments intervene to make this more bearable, and can be sustained as long as necessary.

I won’t underestimate the situation this time. I thought no way the world would lockdown, and it did for almost 2 years. I thought no way Russia would start an actual war, and they did. Now there is talk of possible blackouts/brownouts in Europe this winter due to a lack of power/electricity production. I will just assume it will happen, and start buying extra supplies, a bit at a time, as they are on sale. I’ve told my parents to do the same. I’ve bought extra candles and batteries, as well as a gas camping stove, because all my cooking stuff is electric. I live next to a lake, so I can cook water if things become extra insane and I can’t get water from the tap because of pumps not working.

@coconutmacaroon4907

Жыл бұрын

Sounds like you are more interested in getting people worried. Keep it to yourself and you'll be better off in your doomsday prepping.

In the case of Germany, please refer to Germany foreign minister remarks on Germany stance on supporting Ukraine all the way even though Germans may suffer hardship. Good luck to Germany to have a minister who care " so much" for her fellow citizens

@malgorzataojoj4256

Жыл бұрын

the thing is, Russia has to be curtailed - If we want to have a kind of Europe we have now. Otherwise Russia will be dealing the shoots for the rest of Europe in the not so distant future. And if that comes to pass then the present crisis might be looked back at as good times.

@user-rm8fm3ip5h

Жыл бұрын

@@malgorzataojoj4256 true

@SV-yf4et

Жыл бұрын

Ukraine has to supported and Russia has to be punished as much as possible. The stupidity of German government to trade with war criminal since he invaded Georgia in 2008 must be addressed.

@zolikiss2854

Жыл бұрын

@@malgorzataojoj4256 cool , enjoy

@Mrcerilio

Жыл бұрын

@@malgorzataojoj4256 everthing was fine with Europe until they started to follow the US orders . Stop the Nord stream 2 , stop buying Russian gas , sanctions for Russia . Stop blaming others for your weak leaders doings . Enjoy the winter .

Europe achieved a major reduction in gas imports from Russia. How did they achieve that? Russia refused to send gas to Europe

@relaxingsounds6168

Жыл бұрын

It looks like the EU needs Russia even to implement its own policies... 😂😂

@migsvensurfing6310

Жыл бұрын

Thereby Russia lost a hughe income stream and deems its citizens to even worse poverty. Nice going putin, you will soon have the whole country against you. btw. we look after our people. We will manage. Well we already have.

The war? Sure. I think a round of applause is needed for the leaders of the world for the last decade, well done guys. .

@gaywizard2000

Жыл бұрын

Blame corporations for inflation. If that's what you're talking about!

@fossilbrothers8986

Жыл бұрын

Enter the slow clap

⚡Gazprom has extended the three-day repair of the Nord Stream turbine for an indefinite period: "Maintenance of the only working turbine of the Nord Stream has revealed malfunctions and the gas pipeline will not work unless the problem is solved "

@thegreatdane3627

Жыл бұрын

it's fine, demand is low at the moment anyway. The gas price fell 37% this week, despite lower supply from russia and norway.

@neverknowsbest2879

Жыл бұрын

@@thegreatdane3627 It seems like EU buys Russian gas through China in a form of LNG.

@briancarno8837

Жыл бұрын

and Igor has gone away to visit his family..and he is the only one who knows how to fix it

@thegreatdane3627

Жыл бұрын

@@neverknowsbest2879 so?

@razakkalik9072

Жыл бұрын

Those 80%, gas reserve only last for two months.... And Germany companies are halting production... According to German economy minister, company are not restructuring but rupturing and he's alarm... And with this news...

There's a politician who doesn't care what the voters think... Support for Ukraine is more important

@Born782

Жыл бұрын

Well said.!!!👋👋

The best thing would be a more sensible electricity market price function where the price would be set more in line with actual production cost per hour and not set to the most expensive production type per hour, regardless of how small or big a percentage of that hour's power actually was produced at this cost. We need some sort of a median or mean calculation function IMHO, not a MAX function.

@thehighwayman78

Жыл бұрын

Right now it is like if I want to buy 10 cars, 9 of them are ordinary family cars but the 10th is a very expensive Ferrari, according to electricity market logic, I would have to pay the Ferrari price for all 10 of them.

@istheyear-ry1el

Жыл бұрын

whats the point of all that when the gas itself is not available in the coming winter?

@adlsfreund

Жыл бұрын

@@istheyear-ry1el All the more reason not to price available energy based on unavailable energy?

@blardymunggas6884

Жыл бұрын

Bye bye Europe. Lets face it, USA is the worst friend and are your biggest mistake

@TommasoBozzoli

Жыл бұрын

To be honest, let's name the countries which still oppose - nonsensely - to the proposal made by many other European countries to establish a price cap to the gas : Germany, Netherlands, Denmark and now they complain that gas is expensive and prices skyrocketed.

But this is what European leaders chosen for there people!!!!! 🇪🇺 should be celebrating this achievement not crying about the situation they Created themselves!

A forgotten effect of energy crisis is the increase of winter mortality. Many parts of the world experience higher rates of mortality and morbidity during winter months compared with at other times of the year. Part of this wintertime excess can be attributed to seasonal infections such as influenza, but winter weather also plays a key role, particularly ambient temperature. Mortality increases among people with poor health or mental problems in winter

@Crashed131963

Жыл бұрын

Winter just sucks . I'm from Canada I know.

@Chalizdekino1

Жыл бұрын

Germans must do everything in their power and ability to ensure Ukraine win. Ukraine must win no matter the cost. These costs are temporary and soon they will go therefore Germans and Europeans must not complain about cost of living. We must make sure Ukraine president in at all costs and make sure Russia is weakened. Thank you 🙏

@gaywizard2000

Жыл бұрын

Actually more people die in heat waves!

@dreamnakerma718

Жыл бұрын

@@Chalizdekino1 So NATO should send army to Ukraine directly

@artursobkow2680

Жыл бұрын

Europe is not Affected that much by it. Its more of America and Russian country that have cold Places like Syberia etc.

It is very sad to see how bad leadership from super powers have decided to cause human suffering intentionally.Choosing to solve differences using weapons and sanctions on one hand and then Russia respond by shutting down Nord stream.Nobody propose anyway how to end war which is key factor of the suffering.

@blardymunggas6884

Жыл бұрын

The only solution for Europe is to ditch USA and apologize to Russia and China. No other solution. Time to do what is right and repent to Jesus

@thehighwayman78

Жыл бұрын

I agree. The most important step would be to end the war. Not only of economical reasons, but for saving lives and ending suffering.

@marvinfok65

Жыл бұрын

End the war? You must be kidding! US keeps sending arms to Ukraine, so how is the war going to end? Does Zelensky dare to end the war without the approval of uncle Sam? He will be a dead man if he chose to end the war and stop the suffering of his people without the nod from uncle Sam! When you have bratty little boys and girls running the show in Europe, this is going to the story! You know what is going to happen to Europe? 'Tell them winter came for the house of Europe', Arya Stark!

@philk8750

Жыл бұрын

Help us ukrainians to kill russian army and the war is end.

@user-gp2bu6ce7h

Жыл бұрын

Yeah, for this, the United States adopted a law on lend-lease for Ukraine for 40 billion, because they want the end of the war))

Good to see how happy is the announcer/reporter - totally out of character -, while telling to the word "we are in danger, and facing huge problems."

@jirachi-wishmaker9242

Жыл бұрын

It's good to see her smiling

@sootuckchoong7077

Жыл бұрын

Smiling! It means no problem 😁

@philshyu5248

Жыл бұрын

Looks like she just stole her dress from some little girl, too.

@spaceboy21100

Жыл бұрын

She looks like she is about to have a mental breakdown

@soulharm5532

Жыл бұрын

@@philshyu5248 she probably was told to wear yellow to match blue behind her, and this dress was the only thing she could find lol

Wind & solar are intermittent. Big problem how do you generate for your base load.

Interesting. Nuclear isn’t the solution, yet Germany has been investing in and building up wind and solar for well over a decade. We can just turn the wind and solar farms on now, can we?

@TterminusS

Жыл бұрын

One issue is a highly neglected infrastructure for said renewable sources. And even if Germany has been "building up and investing in", it was a very slow buildup. The former government was more interested in buying cheap Russian gas and letting the renewables be a "maybe one day".

The sanctions work very well 😂

@nicohendriks3278

Жыл бұрын

They do. Go away vatnik.

@Yamamaass

Жыл бұрын

@@nicohendriks3278 🤣 pathetic

yes strong compensation if the form of a real intrest rate....no more robbing of savers....

People worry too much. The spoiled generations who have had too many things too easily. Our ancestors went through greater wars, famine, plagues, etc., and I bet they didn't complain so much.

Quit blaming it on "war' it the governments fault for not seeing this when they implement crazy policy!

@mexesrexes4495

Жыл бұрын

Pray it's not an excuse to change social order

@migsvensurfing6310

Жыл бұрын

Exactly. Even before Nordstream 1 was build they knew this could happen.

Europhiles:-We need to transit from Russian gas. Russia:-Lets make your decision easy..

Very skewed. I wonder how renewable energy alone can solve all the problems overnight. And "maybe some new technologies." It seems wishful thinking to me. And if there was a lesson to be drawn out of this tragic story is that you on't commit to a single solution but rather to diversify energy sources. Last three points: 1) if you already had more nuclear energy reactors you would sit comfortably with lower prices and fewer worries about energy availability (coming from Italy I perfectly know how painful it is having no nuclear energy); 2) building nuclear reactors is a long-term strategy, it has high upfront costs but it is a reliable sojrce of energy, not much like some renewables. 3) weaning off Russian gas to be then subjected to China, the absolute leader in rare earths, PV production and recycling does not seem to be a wise strategy, unless you are people who only see what happens today without caring for the future,

@Sypheara

Жыл бұрын

Hard agree. Nuclear is the solution, combined with renewables. Without nuclear it just isnt doable.

@TterminusS

Жыл бұрын

@@Sypheara It really depends on the country. I think nuclear is definitely a necessary evil to keep up energy grid stability and to ease the transition until renewables can be transfered into a storable medium (such as hydrogen, for which the technology is not quite yet ready and financially viable).

Austerity and minimalist life is the best solution.

@malgorzataojoj4256

Жыл бұрын

minimalist life for those who have maximalist life. Not for those who are already living on bare minimum

@migsvensurfing6310

Жыл бұрын

Move to Russia then 😁

Inflation in the supply chain can cause a ripple effect on prices, causing supply chain costs to rise, which causes more inflation and increased prices. The current inflationary pressure is caused by increases in production costs, such as wages, raw materials, energy, and transportation.

@richardhudson1243

Жыл бұрын

@craigdaniels5089 yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.

@tatianastarcic

Жыл бұрын

@@richardhudson1243 Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@maiadazz

Жыл бұрын

@@tatianastarcic True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

@tatianastarcic

Жыл бұрын

@@maiadazz Having a counselor is essential for portfolio diversification. My advisor is Keri Lynn May who is easily searchable and has extensive knowledge of the financial markets.

@maiadazz

Жыл бұрын

@@tatianastarcic Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.

Winter is coming. Germany without gas and food. Very sad the support to Ucranian and US War

Spent nuclear fuel assemblies stored at nuclear power facilities are yet useful. They are stored configured to reduce nuclear reaction to a minimum; many years in this configuration eventually results in the assembly being in a cool state. If a fuel assembly were to be moved to a municipal thermal plant, it could be reconfigured to produce a low thermal output that assists the facility to operate requiring reduced use of fossil fuel. Imagine using the spent assemblies to power pyrolysis of plastics to produce clean diesel fuel. Very possible. Would be a great solution for plastics waste.

Call putin, say you're sorry, save your country!

@tvaddict135

Жыл бұрын

Unfortunately, they dig themself in a bigger hole. G7 just announce today to cap Russia oil price and Russia replied that it is not going to sell oil to G7 countries.

I came to Europe thinking life would be better and life here has become much worse. Electricity , gas , rent , grocery everything is through the roof

@karkevicius

Жыл бұрын

Maybe you should leave then🫣

@amazingsupergirl7125

Жыл бұрын

Where did you come from? It depends on where you are in Europe but if you’re on the far west side you’re still in one of the best countries. idk i’m American but from the outside looking in it seems this way

@LK-pc4sq

Жыл бұрын

Tarun, repair what you have. Grow your own groshries if you can. build a hydroponic system.

@Hereford1642

Жыл бұрын

When I was in Bulgaria I told a local that coffee in Starbucks was £2.50 and she looked at me like I was mad and said 'I think I will stay here'.

The truth is that there is no such thing as supply chain inflation or energy inflation. Inflation is purely monetary phenomenon. It is only up to ECB to lower inflation, Russia and supply chains have nothing to do with it. Governments are trying to transfer the blame from them to some boogeyman. We need ECB to finally start doing what it is supposed to do.

@eelkjebeuckens7444

Жыл бұрын

Correct.

@DrAlexMore

Жыл бұрын

Correct!

@ezralimm

Жыл бұрын

bingo. the devaluation of money from printing too much money. supply/demand side things are the definition of 'transitory'. Printing money is not.

@felipesilvapinheiro56

Жыл бұрын

Finally a person to say the truth. They printed money like "there is no tomorrow", than, when tomorrou arrives, they blame the war.

@Gummo2020

Жыл бұрын

@@felipesilvapinheiro56 funniest thing is everyone seems to blindly accept the narrative, as much as even pointing out inflation & energy prices were sharply rising will assure you of a nice dumpsterfire of 🇺🇦 username ‘expeditionary keyboard force’ replies calling you a Russian Bot or whatever. Truly tragic times

This is a crisis (with unpredictable consequences) that could have been easily avoided, if it wasn't for the tremendous incompetence of the current European leaders.

And food crisis came along after winter, since land and agriculture problems after mass of snows, and less foods stock, than chaos moment at peak of hunger

@jonsnow7092

Жыл бұрын

Food crisis is a huge issue worldwide and needs to be addressed but not really a problem for EU countries. EU produces way more food than it consumes and, as cynical at it may sound, higher food prices may rake up more money from exports, especially on less developed EU states that have agriculture as one of their main sectors (at least when it comes to exports).

The great Britain doesn't look great anymore

@pirate6900

Жыл бұрын

Lmao 🤣🤣🤣 It never was, it was just a lie fed to the citizens so they won't think about evil things their countries had done

@mutkaluikkunen3926

Жыл бұрын

The inflation over there is the greatest in Europe!

A large number of the European middle class, turned into a poor class. It's terrible !

This is not about Europe. It is about the UK a third country.

"If Russia turns off the gas then that will be a very very large problem for Germany". Fast forward 2 days and Russia did exactly that. Next is for the German chancellor to say everything is under control.

@s.j.8693

Жыл бұрын

Real mad Max

Helping poor families is essential however middle class is also hurting. No one ever thinks about us while we pay majority of taxes.

@tokarp390

Жыл бұрын

middle class is main beneficent of well working country so taxes are the price .

Inflation is due to largely to the high oil and gas prices. These are priced in US dollars and its the massive money printing in the US that have caused this.

@rknow78229

Жыл бұрын

Wrong friend, higher dollar reduces oil prices. Monetary policy in the European Union also contributes to this along with supply and demand which this was mainly driven by due to the covid lockdowns.

@tonyatgoogle6076

Жыл бұрын

@@rknow78229 it's not higher dollar price but trillions of extra dollars.

@logician3641

Жыл бұрын

The European central banks did the exact same thing

@Carewolf

Жыл бұрын

The dollar is currently going up in value, because they have responded with the traditional counter to inflation: by raising interest rates (which is also basically the opposite of printing money). The Euro is dropping in value because the European central bank isn't doing the same, instead keeping the interest low.

@niweshlekhak9646

Жыл бұрын

@@Carewolf the dollar is going high because of US doing quantitative tightening, not raising interest rates. Quantitative tightening is basically US government getting rid of useless assets.

This people should think ahead before putting sanctions on oil and gas.

Well done Boris…there were real prospects for peace negotiations in March until you told Zelenskiy to fight to the last Ukrainian.

Solution is to don't eat and collect rain water for showers I am afraid....... Or start realising this is a loosing war need to start talks with Russia to end this.

@pedrolopes3542

Жыл бұрын

Russia is beginning to retreat...

@annaredding

Жыл бұрын

Macron tried that, how did a diplomatic solution go?

reducing the tax on energy doesn't work, as the energy companies have shown they will just increase the price further and maximize their profits! We need price controls and naitonalisation!

@Aengrod

Жыл бұрын

We need people who caused problems i.e. the government and its retarded push for 'green' energy, to solve the problem it caused by nationalisation. Brilliant

@felipesilvapinheiro56

Жыл бұрын

Look for latin america and you will see that price controls doesn't work.

@johnsamuel1999

Жыл бұрын

Price control does not work . It might solve it in the short term but it causes long term issues. Same with nationalization

@thomasthetanderloin

Жыл бұрын

that won't work, the high prices are due solely to market forces.

Solar panels are next to useless when not in direct sunlight. A rainy cloudy day.. your normal roof tiles produce as much power lol

I'm looking forward for winter 🥶

When billions of people on earth are paying for a higher price, someone somewhere must be flooded with extra money paid by them. This would be astronomical figures. Who are they? Who are responsible for such swift of wealth? Some world top leaders are fully aware of that and they should be held accountable.

@Ulyssestnt

Жыл бұрын

Thats not how it works (at least in this case),its a function of supply and demand. When the prices rise that means there is less of a cmdty and prices has to be regulated to prevent shortages. The profit margin stays about the same,it just moves.

@bucurmarius1363

Жыл бұрын

Ask russia who dosnt even pay its soldiers that die in ukraine,ask Putin who is the richest man in the world

@Ulyssestnt

Жыл бұрын

@@bucurmarius1363 Yeah,but he was disgustingly rich ante bellum. And Russia sells less gas ,because they literally can't sell the rest. meaning they do not have some uncle scrooge esque money bin from the price increase. You are correct that it is his fault however.

@mikuso-iw6gj

Жыл бұрын

Oil company, like exon, shell, aramco, etc.. they have good scape goat to get more profit.. poo tin

@eveleung8855

Жыл бұрын

It is a game the US been playing over and over and over again, I'm not sure how others cannot see, when the US increase their interest rate often come hand in hand with a war, the war disrupted the international supply chain, aka sanction is one of those tool use it as a weapon attack the global supply chain. When you see the strong USD, that is the indicator of chasing USD back to the US, so other countries will suffering from their own currency devalue, and inflation coming at the same time. When the period of interest rate incase over, majorities of the countries/business should be bankrupt or near bankrupt, the US will lower their interest rate to zero again, to release huge amount of money into the market, the Well street crocodiles will devour all the country's valuable asset with dirt cheap price! This is a typical wall street and city of London's play book to get wealthy and powerful. We cannot win any war if we don't even who our enemy really are 😂😂

What is happened is the devaluation of money due to the overprinting by central banks during the Covid.

Well said Boris

I have a few questions. How did people starting to spend again after covid cause inflation to rise abd what is considered the eurozone if france and germany are not in it apparently

The ECB printed money like there is no tomorrow, but strangely that's never being considered as a problem.... Also, lifting sanctions may help.. if someone still wants the unreliable currency called Euro.

@briancarno8837

Жыл бұрын

woww arent you forgeting the euros old cousin...the pound..?

@relaxingsounds6168

Жыл бұрын

@@briancarno8837 Yeah, I forgot it..... almost completely. Are they still using it for real? 🤔

@briancarno8837

Жыл бұрын

@@relaxingsounds6168 It still buys beer so its OK by me!

@briancarno8837

Жыл бұрын

@@user-ig4ov4rs9k They keep predicting the fall of the dollar.. I know it is a "safe haven" maybe if an alternate currency comes up (the ruble?) that will change..all these currencies are backed by nothing though

@relaxingsounds6168

Жыл бұрын

@@briancarno8837 Jokes aside, I'm pretty sure the pound will still exist in 10 years. Regarding the euro, I wouldn't bet on that.

Leadership of other countries is the problem. Not gonna name Brandons.

@brandonwashere5787

Жыл бұрын

Let's go Brandon 🙂

Why they try solar energy? In summer

Best wishes for all of Europe. 🙏🏽 Peace and harmony upon the earth. Hoping for the best for the world future. 🙏🏽 Love and light upon you.. 💕 💕

Never bite the hand that feeds (or fuels) you

@mutkaluikkunen3926

Жыл бұрын

..unless it's ruzzia and it's invading Ukraine. Look, we don't care. Were going to the last laugh on this, just wait.

Eyepopping absence in the discussion/assessment on the escalating cost of living across EU and the UK is the current price gauging by Corporations across the world: "free-for-all market phenomena". This is about shareholder profits...

@SubjectiveFunny

Жыл бұрын

Go move to Russia, China or North Korea then. See how those people live.

@nobodyfromnowhere3597

Жыл бұрын

Markets are not doing well as well so shareholders aren’t exactly happy.

@nobodyfromnowhere3597

Жыл бұрын

@@SubjectiveFunny Your side is losing and losing badly.

@thehighwayman78

Жыл бұрын

That is exactly why the European Commission now realizes the energy market is not working. Let's hope and pray that common sense wins in the end.

Has solar going to be effective in cloudy UK?

Ever since this energy crisis escalated, The outspoken Ursila Von Der Layen kept muted. She has immensely helped this war escalated to this level but now she's quiet. I thought she's that educated enough to figure out way forward for the Europeans

i'm in the USA and totally feel for Europe! it's crazy this is pretty much all the repercussions of the war.

@buck-johnson

Жыл бұрын

Not really, this is the repercussions of 60 years of socialist borrowing putting them over a barrel. Now that they're over the barrel ol' Putin's come along to F em good.

@mysterioanonymous3206

Жыл бұрын

Well thanks... I think it illustrates how badly ill conceived political action (esp. Wars) can backfire. I think the immediate fallout (energy prices) is just the tip of the ice berg. There will be serious repercussions, and we probably won't like what's coming our way. Seems to me that no one is better off, in fact, we're all worse off for it. Great. Just great.

@karrole88

Жыл бұрын

The war you Americans started

@niconico1665

Жыл бұрын

FJB

@anubizz3

Жыл бұрын

Why you feel sorry? Considering your country try to open second front against China?

This is what happens when you continue to grow more and more dependent on a finite resource (oil+gas) that is running out. Not to mention those resources are controlled by a small amount of corporations and a few countries which are almost all dictatorships.

@hydrohasspoken6227

Жыл бұрын

Some democracies create havoc around the world much more than some dictatorships will ever dream of.

@migsvensurfing6310

Жыл бұрын

Yup. I agree.

@MrDevan0110

Жыл бұрын

So do you have any alternatives?

@MrSean03839

Жыл бұрын

@@MrDevan0110 Energy diversification for starters, where you spread out ownership of energy. Next diversify energy resources, do not rely on just oil. Invest in alternatives. Imagine that....

@worlddata8368

Жыл бұрын

Enemies Thanks to the United States and its world hegemony over the 3rd world countries that do not want to kneel before it. From now on WE WILL DEFEND OUR INTERESTS.

Actually Boris has agreed to a massive increase in renewables, especially in the North Sea. yes, nuclear is a more long term solution. Sometimes you need to plan for the long term. And it's not 15 years for nuclear build, it's 8 years. The small modular reactors will take 2 years each when the program becomes active later this decade.

Peace and love upon you and family. Love and light. Love and hugs. Love and harmonious life.

Stop call it cost of ‘living’. Call it cost of ‘convenience’.

We must start produce own electricity it is very possible today.

Your in the UK for Christs sake! You don't get enough sunny days to make solar viable and you don't have anywhere near the land mass required for commercial solar. Renewable in Northern Europe is a pipe dream! Time for a reality check folks!

@annaredding

Жыл бұрын

Therefore nuclear.

Good

A good crisis always brings creative new solutions for problems we didn’t want to face…

@WeAreTrueAfrican

Жыл бұрын

Okay, find solutions to your energy problems 😂😂😂

@janjanssen9629

Жыл бұрын

@@WeAreTrueAfrican - energy problems? Everyone knows fossil fuel ends, the situation is not a problem, timing is the only issue. All those years not willing to invest in cleaner and renewable energy resources because of the revenue of fossil fuel. Solutions are already there…

"Russia could turn off the tap on the gas to retaliate" ... they could, but they won't do so; it would be like kicking your own b4ll5, as the commodities are the only products Russia can "produce" and export to get foreign currencies. Russia does NOT produce ANYTHING where you add value to it. Just extraction of fuel (oil, gas, coal) and mining of many materials and wheat. Moreover, Russia doesn't have the infrastructure to sell its gas to China and India, and you need years to build that infrastructure. And selling the oil at $50 per barrel when it costs you $46 to extract (*) doesn't bring you any profit. Russia is using its $300 B reserve in foreign currency, and it can't last more than 15 months. Something is going to happen in Russia, as people get angry when their stomach is empty (*) Russia have to sell at a 30% discount to India and China, and Russian oil is the most expensive to extract and is the cheapest quality of the three Edit: The actual discount is $35, which means, a 43% discount on an $82 per barrel price of the Ural oil as for 25 August

@PaulV.

Жыл бұрын

Russia simply doesnt need € anymore from the EU. The EU have sanctioned almost all things Russia used to import from the Union and have frozen Russian euro reserves so for now Russia is not interested to sell their natural resources for some useless printed paper they can do nothing with.

@mysterioanonymous3206

Жыл бұрын

@@khorshed1227 you realise that those fields were operated by German and American companies, who just pulled out, right? They're shutting off because they lost the ability to run and maintain them, much less get parts for the equipment. They'll loose more and more wells, until they can wrap it up completely. Russia already lost 3 decades of economic progress in just a few months, despite being dirt poor already. There is no scenario where Russia "wins" this. And now Europe, the richest most developed part of the world by far, will get really pissed. You've seen nothing yet. This will get a whole lot worse. Esp. for Russia. If they don't ship gas we may just blow up some pipelines, I've heard it gets just a little colder in Russia than EU. Let's see how that goes for them.

@jirachi-wishmaker9242

Жыл бұрын

$35 discount on current price. Don't mislead

@Adenrux0

Жыл бұрын

Meanwhile Russian revenues almost doubled since February.

*Having a big house with air conditioning,a car,a fridge full of all kind of food and fruits is not normal.*

@zuzanazuscinova5209

Жыл бұрын

Sadly

It's Oil & Gas -- It's unfortunate that America can't help because it cut off exports and curtailed production.

@migsvensurfing6310

Жыл бұрын

Europe already receives oil and gas from America.

Regarding Emily's point at the end of the interview. Boris is basically right, and here's why. Renewable energy cannot form the backbone of the electrical grid. It isn't scalable without massive investments in battery storage and over capacity production. The immidiate defecit can only be solved with hydrocarbons and getting some of them from the North Sea will be cheaper overall. 15 or 20 years down the road, nuclear energy will still be far more practical, far cheaper and even more environmentally friendly than any kind of serious renewable energy grid. The only practical renewable energy for grid scale production is hydroelectric, and you need a lot of mountains and rivers to make it work.

@zionen01

Жыл бұрын

Agreed, she is also ignoring the accelerating advancements in nuclear and renewables, there have been advancements in nuclear to create modular reactors, it’s quite possible that building these will accelerate and come quicker than what they used to take to build before.

@frjoethesecond

Жыл бұрын

@@zionen01 That's right. I heard there's a design in the works in France that you'll be able to buy and drop into an existing coal plant with minimal alterations. Exciting stuff.

@peppersghosttheater

Жыл бұрын

The UK was having and energy crisis before the Ukraine situation. Boris is a prick

@annaredding

Жыл бұрын

China has lots of problems with hydo because of drought. So not even that.

omg we're all gonna die. or not.

@willisswenson3843

Жыл бұрын

When?

@axlslak

Жыл бұрын

@@willisswenson3843 I venture this winter we'll maybe put another coat on, but we're not all gonna die. And by next winter, I wonder who Russia will try to blackmail next. Coz Europe aint taking it.

@briancarno8837

Жыл бұрын

dont panic Mr Mainwaring ..DONT PANIC!

@xi1864

Жыл бұрын

brave man, i give u 2 kilo firewoods for winter

@axlslak

Жыл бұрын

@@xi1864 neah you might need it to feed 1.4 bil people dawg. We're fine. we have our own wood.

Will energy companies be making higher profits.........

Maybe just cut the energy cost at the supplier rather then giving people ££££ ie pay off the supplier to cu the price.

How many times have you visited someone's home and found the radiators red hot and the windows open ? Personally I'm astonished, and have been for years.

@thehighwayman78

Жыл бұрын

Never? Where do you live?

Russian gas smells bad

@xi1864

Жыл бұрын

cut german trees and burn it

@4everzapy

Жыл бұрын

Yes, it's also been proven that if you use it, you automatically become bad, but if China or India process it and remove the evil, it becomes good again, and yes, you can buy it, thanks China!

I was told that the EU wants to stop buying Russian gas by the end of this year was I misinformed? Also why did nobody mention anything about northstreem 2 should we take steps to dismantle northstreem 2 ? now would be a good time and dismantle northstreem 1 as well that would please america

thats sad, they cant go out and enjoy the great outdoors and cant buy like they used to.

When your leadership has the combined IQ of just above room temperature...

@lubricustheslippery5028

Жыл бұрын

And the room temperature is plummeting

Looks like we really did punch ourselves in the stomach with sanctions. Good job.

@Yassified3425

Жыл бұрын

This is happening across the world. It isn't special for just Europe.

@willisswenson3843

Жыл бұрын

No. You punched yourself in the face by dealing with Putin in the first place. Trump told what Putin would do and you Germans laughed. Who’s laughing now? No one. The USA had built four huge LNG loading terminals for Europe. Poland is buying LNG from the US. Germany? Not a chance. Trump wouldn’t let Germany screw the US on price so Germany decided they’ll just buy the energy from communist Putin. Oooh, the German government is so smart. But, you can’t fix the stupidity of socialists/communists. Better get started cutting all your forests down. That should get you through one winter anyway.

@lancerevo9747

Жыл бұрын

@@Yassified3425 when the West goes down, it drags the rest of the world that trade with its currencies, down with it. Alternative reserve currencies will emerge as time goes on.

@pjhgerlach

Жыл бұрын

Looks like we punched Russia at least twice as hard.

@freerideralec

Жыл бұрын

So you don't need Russian gas eh ?

Inflation in europe bigger than in my Brazil...hard to believe in this

European governments must ponder over the following 1. Since they are democracies , will they be able to convince the economically vulnerable sections of their population, the rationale for supporting a proxy war, objectives of which seem like putting Russia in its own place. 2. The ability to subsidise energy bills for economically vulnerable. 3. The phenomenon of most of African and Asian nations distancing themselves from this conflict. America is rather safe in terms of resources and vast expanse of oceans on both sides, but .most of the European states are so small geographically that they require support of other nations to survive, hence the need to adopt policies suitable for their populations are the need of the day.

@adlsfreund

Жыл бұрын

I think the goal is to stall this war out as long as possible until Putin finally dies. If he gets what he wants right now he'll just move on to Moldova and the Baltics in a couple years, and that is not speculation. He has explicitly said he wants to restore the former glory of the USSR and he's not interested in consent.

Every Country is with high inflation, the US too not just Europe, it is time to help Ukraine to win the War fast, and give them all they need, it will be cheaper than dragging all that out for more years. Especially my Country Germany should really go all in with Weapons.

@mooskamoo

Жыл бұрын

Exactly, no point in having all these NATO weapons sitting around doing nothing, pour them into Ukraine, push the Russians back, cause Putin to get overthrown and deal with whoever replaces him 😅

@sew_gal7340

Жыл бұрын

Why would you risk nuclear annihilation with putin? Hes a guy who will definitely push the button and all of us will be dead. Maybe stop sanctioning russia?

@gogo_1987

Жыл бұрын

Win the War against Russia 🇷🇺😁 good luck. 🤡

@mysterioanonymous3206

Жыл бұрын

@@gogo_1987 Russias gdp will have shrunk 40% by the end of the year. 3 decades of economic progress down the drain in a few months. The Russians got nothing, and all the Russian billionaires live and spend their money where? Europe and US 😂🤡 Russia is a dump. Meanwhile, we pay I little more. Couldn't care less mate, I'm rich. Idgaf about a few grand.

Remember: Electricity costs are artificial, because it's the costs of the last MW (where gas is often used) that determines the prices of the full production, benefitting the owners of the fixed costs electricity production, like solar and wind. This is why it can and will be resolved politically within a week, it's a non-issue

@lubricustheslippery5028

Жыл бұрын

The power companies must have record profits!

@bozo5632

Жыл бұрын

A week.

@buck-johnson

Жыл бұрын

This a silly argument. This is how everything is priced. If the guy next to you was selling his bananas for 2x as much as you wouldn't you raise your prices? Of course you would.

@thehighwayman78

Жыл бұрын

@@buck-johnson if I have to buy 10cars, 9 Vauxhall vectras and one Ferrari, I wouldn't expect to pay Ferrari price for all 10 of them...

@buck-johnson

Жыл бұрын

@@thehighwayman78 We're talking about electricity, it's all the same.

The profits are the same as the increase. Its a crime.

Michael Heise basically said “policy makers should print more money to solve the inflationary crisis they created by printing more money”

@jorgeeduardodussanvillanue46

Жыл бұрын

Inflation is caused by a variety of factors, not just the monetary side. Stimulus packages are sometimes necessary for low income people, because although they can increase inflation short term, they reactivate the economy during recession and are beneficial long term. Of course unbridled money printing is a no-no, but interest rate adjustments and subsidies for low income people are quite standard measures during times of crisis, not only a demagogue trying to have poor people on their side.