Ukraine Cuts Off Gas to Europe and the Inflation Double Whammy

[livingston]

Ukraine Cuts Off Gas to Europe and the Inflation Double Whammy​

You read that right. Ukraine announced today that it is cutting off a third of the natural gas flow to Europe:

Gas Transit Services of Ukraine (OGTSU) declared force majeure on Tuesday, saying that it was impossible to continue the transit of gas through a connection point and compressor station located in the Lugansk area. As OGTSU personnel “cannot carry out operational and technological control” over the Sokhranovka connector point and Novopskov compressor station, the company cannot continue to fulfill its contract obligations, it said. Gas from this connection will not be accepted into the transit system of Ukraine starting at 7 am on Wednesday, OGTSU said.

Ukraine Cuts Off Gas to Europe and the Inflation Double Whammy | The Gateway Pundit | by Larry Johnson

You read that right.

www.thegatewaypundit.com

 

[Drinkthekoolaid]

This is very interesting.

It seems Ukraine is harming Russian gas sales by cutting it off to the very countries who are supplying Ukraine with military aid and now Ukraine is harming their economies.


The web we weave....

 

[Saltwater60]

We will see what happens but if it was Putins fault with the inflation why is europes inflation less than the USA’s. This will not go well because Biden will send ours to them.

 

[RedBreast21]

We will see what happens but if it was Putins fault with the inflation why is europes inflation less than the USA’s. This will not go well because Biden will send ours to them.

The dollar is the defacto global currency not the euro. Meaning we suffer here to artificially inflate the value to ensure countries using it don't stop. Basically a reduction in the amount of currency out there in circulation. The M1 money supply is being drastically reduced and no more lending (free money) because low interest rates. Should rebound right before mid-terms lol

 

[meketrefe]

All this is Trumps fault.