Austrian Chancellor― I’m Bending The Knee (&) Taking The Gas
Russian Sanctions Are Meaningless
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Walking out of a meeting with President Putin. Austrian Chancellor, Karl Nehammer proclaimed he told Putin, ” that anti-Russian sanctions imposed by the EU would remain in place and could even be reinforced as long as the conflict goes on.” Continuing, Nehammer made it clear, “this is not a friendly visit. I’ve just come from Ukraine and saw with my own eyes the immeasurable suffering caused by the Russian war of aggression,”
Of course, listening to this nonsense, I am sure that Nehammer’s heart is breaking for the Ukrainian people. However, between a media, that does not have one shred of integrity and Austria’s desperate need to keep their natural gas flowing — the reality of Nehammer’s visit will be somewhat obscured.
The issue became more clear three days later when the real reason for Nehammer’s visit became abundantly clear when he said, “Putin told me that the gas supply is safe, that Russia will deliver the contractually agreed quantities, and that payments can continue to be made in euros,” Nehammer told Austrian APA and German DPA news agencies on Wednesday.
This gas arrangement was very generous — especially given the fact Gazprom said they would only take payment in Rubles.
I have never liked Nehammer. But in this case, what is he supposed to do — let his people freeze and let Austrian industry collapse? This was echoed by Hungarian Foreign Minister Peter Szijjarto: “as for paying in Rubles, we have a solution that does not violate any sanctions but at the same time it secures Hungary’s gas supply,” Szijjarto said.
What does this all mean?
We are experiencing the decoupling of the dollar as the world reserve currency. Inflation is higher than Jesus Christ and the Inflation is just one of the secondary effects of a much wider collapse. This has not been lost on the global community and that is why most of the US imposed sanctions on Russia are being ignored.
