Comments by "Paul Aiello" (@paul1979uk2000) on "" video.

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  4.  @rafail2303  It really depends, short term it would be painful, not just for Europeans but for the world as EU countries would scramble the world to find alternatives and fast, that would likely bump up the price in the short term on the world market and because of that, almost everyone around the world would end up paying more for it, in the end, it's the poor and middle classes of the world that would get hit by that. Also, it's being said that EU countries seem to have enough energy to fill the void if Russia did switch off the tap by switching on coal, nuke and other plants that were planned to be phased out, apparently they are on standby just in case but they really don't want to bring them on because they pollute a lot more. I think the smart move is more or less what the EU countries are doing, rapidly accelerate it's renewable drive, find alternative energy sources on the world market to plug that gap, within a matter of just a few short years, they could become more or less independence of Russia oil, gas and coal and with each passing month, it's going to be doing more and more harm to Russia as they buy less from them. Out of all this, there is some good news, EU countries are going to rapidly boost it's renewable energy drive, because of Putin, we could be ending up in a cleaner future a lot sooner than expected and all because energy has become a security risk, now we have the political and public motivation to make it happen, also, we're likely going to see more integration at an EU level among the EU countries on security, military and energy matters which will likely mean bigger military spending whiles reducing a lot of the duplications we have among 27 countries. Macron was proven right that EU countries need to band together and that should be good news for the US because a stronger EU would be a lot more useful when it comes to China.
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  10. It's pretty much already happening, Russia is being cut out when it comes to oil, gas and likely coal as well but we have to be realistic, at least in case of the EU countries, they can't cut that out overnight because of how exposed they are but they could do it in a matter of a few short years, the only way I can see it being done quicker is if there was a coordinated response from the west to fill that void with energy the EU countries will need replacing from Russia, that could speed up the process a lot. The EU is the key to sending a powerful message to Russia, if they cut out all the energy they buy from Russia, that would hit Russia pretty hard, on top of that, with Putin playing games with this kind of resources, it's unlikely going to find many takers to want to buy that resource, at least not the ones as rich as EU countries are so even if Russia does sell to others, they'll likely have to sell at a much lower price, because energy is now a security issue, EU countries are likely going to reduce the amount of oil, gas, coal and other natural resources it buys from Russia so as time goes on, it's going to hit Russia pretty hard but as I said, that will take time but when there is a will, a lot can happen in a short space of time but unfortunately, with EU countries actively looking on the world market for this resources, it's likely going to push up the cost for everyone else around the world, so it's going to hurt a lot of people around the world, especially from poorer countries unless other countries ramp up the production of oil and gas they produce, something it would be wise to do because now the EU is on the war path, they are likely going to go out of their way to kill fossil fuels on security reasons, in other words, the renewable industry as well as other alternative energy sources have got a massive shot in the arm thanks to Putin that might speed up the process to clean energy a lot sooner than expected. Either way, Russia is screwed here thanks to Putin, whatever happens in Ukraine now, the trust has been broken and EU countries as well as lot of the world will be actively looking to find alternatives to Russia's natural resources, that's very likely going to push renewable energy through the roof in EU countries over the next decade. As for Russia, I'm not sure what they can do, if they back down, they lose, if they continue fighting, they lose, if they try to get too close to China, they lose by being a vassal of them, Putin has put Russia in a very uncomfortable position that likely going to be painful for them for at least a decade and maybe even much longer than that, also by braking trust, Russia is going to find it hard to get foreign investment in the country, I don't think the Russian people realize how bad the situation is likely to come.
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