Doomberg on the EU’s Carbon Credits: https://doomberg.substack.com/p/a-banana-worth-squeezing?r=9ozk&utm_campaign=post&utm_medium=email “To me, left unchecked, the price of carbon goes to infinity.” – Lawson Steele On Friday, October 24, 2008, Volkswagen’s (VW) stock closed at EUR 210 per share, down 50% over the prior two weeks. Like many manufacturing companies, VW was reeling from the global financial crisis. BecauseContinue reading “The Market Clearing Price for a National Suicide Pact”
Category Archives: EU
Die Deutschen brauchen das Gas. Or, if you prefer …Немцам нужен газ
Here’s Tom Luongo spelling out the obvious: https://tomluongo.me/2021/07/24/nordstream-2s-hard-lesson-in-reality-for-everyone/ Nordstream 2’s Hard Lesson in Reality for Everyone For more than six years everyone who is anyone in a politically sensitive position in Europe and the U.S. has wrung their hands over the Nordstream 2 pipeline. From the moment it was announced the howls of pain couldContinue reading “Die Deutschen brauchen das Gas. Or, if you prefer …Немцам нужен газ”
“When the European Union speaks as a superior, Russia wants to know: Can we do any business with the EU?”
Lavrov: “No matter what we do, the West will try to hobble and restrain us, and undermine our efforts in the economy, politics, and technology. These are all elements of one approach.” Question: “Their national security strategy states that they will do so.” Lavrov: “Of course it does, but it is articulated in a way thatContinue reading ““When the European Union speaks as a superior, Russia wants to know: Can we do any business with the EU?””
Econophysics2020 