Comments by "Louis Giokas" (@louisgiokas2206) on "Into Europe" channel.

  1. Europe's only hope is to increase the amount of inexpensive energy it produces. This means nuclear, coal and fracking. They seem to be unwilling to do any of this. So, there is not really much hope of European industry.
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  2.  @Martincic2010  Well, I am not in Europe for one thing. As for pipelines to China, these will take years. In Xi's last visit to Russia, Putin did not obtain support for another pipeline. China is running out of money. Russia has none. As for buying from diesel from India, that is brilliant on the part of the Europeans (and Indians). The price India pays for Russian oil is, at best, break even for the Russians, and perhaps is sold at a loss. This continued trade helps keep world oil prices down. India makes the profit from the sale of the diesel, and none of that goes back to Russia. As for all of this leading to power shifts in Europe, these were happening anyway, and it is not related to the war. The big issue in the EU is immigration. The secondary issue is the crazy "green" policies. You label the opposition as "extremist", but they are representing people's concerns which the established parties are ignoring. That is how politics works. Get used to it.
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  3.  @Martincic2010  I guess you hadn't noticed that Europe has fairly successfully decoupled from Russia. Get a clue.
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  4.  @Martincic2010  Well, energy prices are not 10x now. These things are dynamic. If you hadn't noticed, oil prices are down from their peak. Europe could lower their energy prices, but don't because of ideological problems. This is changing, and I think that change will only increase. As for Europe deindustrializing, that was already starting before the war. It was always in the cards. There are lots of reasons for it outside of energy.
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