Tag "Jorge Vilches"

Herr Habeck firehoses oil & gas

by Jorge Vilches for the Saker Blog German Economy Minister Robert Habeck is now getting very cold feet because the strategy of madly firehosing the excellent oil & gas sourcing that Europe had with Russia until recently to his personal dismay is now fully defeating both the EU´s purpose and Germany´s needs. Ref #1 https://www.rt.com/business/557729-gas-shortage-industry-halt-germany/ So the plan seems to be to steal yet more per Ref #2 https://www.rt.com/business/557731-germany-seeking-nationalize-nord-stream2/ Still,

“No fuels for Europe “

by Jorge Vilches for the Saker Blog The title is correct, no mistakes. And, of course, there will be “no fuels for Europe” none at all… but only if you care to believe the EU leadership when insisting that by December 2022 no seaborne Russian crude oil will evermore be imported. Thusly — if that were the case as the EU approved policy requires — then of course true enough

Pitchforks soon in Europe?

by Jorge Vilches for the Saker Blog Dear Europeans For your own children´s sake — on my knees and with my saddened eyes humbly looking downwards — I beg of you to please stop the current self-destructive nonsense dead in its tracks by immediately demanding from your political class to import the bloody Russian oil normally once again as Europe had been doing for dozens of years. The impact that

Europe now cheats or suffers

by Jorge Vilches for the Saker Blog Europe has now painted itself into an infamous corner with only two choices left, nothing else. Both are definitely bad and terribly expensive — probably un-payable — in political and financial terms. On May 30, Brussels (a) dropped its previous declared strategy of ´buying Russian oil to prevent Moscow from selling it elsewhere at soaring prices´ (???) and (b) approved its sanctions package

Dear Ursula, you are dead wrong

by Jorge Vilches for the Saker Blog According to Ursula von der Leyen – President of the EU Commission – Europe today keeps buying Russian oil just to “deny Putin an even larger war chest” by preventing Moscow from offering such EU-purchased oil to the world market and “profiting from soaring prices” (?). Actually, the undisputable Law of Supply & Demand dictates the exact opposite So any stand-up comedian worth

Germans ´schwedt´ hard for Russian oil

´Krautensuiciden´: by Jorge Vilches for the Saker Blog Germans will soon passionately conjugate a very strange new verb amongst themselves, the infinitive form of which is “ to schwedt ”. Of course, all sorts of ironic phraseology will emerge in the blogosphere with creative commentariati wondering whether “to schwedt or not to schwedt”… or millennials surely indicating to “chill it, don´t schwedt it ”… So, you may wonder what exactly

Why Russia´s oil ban is impossible

by Jorge Vilches for the Saker Blog How can you be so sure Jorge ? Please allow me 10 minutes to make my case with this focused, easy to follow, all-inclusive, and fully vetted explanation. Then I humbly and cordially challenge any individual or institution to prove me wrong. If history is any guide, banning Russian oil would turn EU members into failed states. Furthermore it would FUBAR world market

Europe´s mad ban on Russian oil

By Jorge Vilches for the Saker Blog Ursula von der Leyen Cognitive scientists would concur in that the current performance of European leadership could be diagnosed as either myopic ignorance or — most probably — full intellectual blindness. In the case of so far happy-go-lucky Ursula von der Leyen there is no doubt it´d be the latter… but only if we first dismiss her warm on-the-record support for Bundeswehr colonial

NATO´s new world

by Jorge Vilches for the Saker Blog UK Foreign Secretary Liz Truss recently experienced her 15 minutes of glory with a blatant hissy-fit rant policy speech at a London´s Mansion House banquet. She posited that the collective West now needs “a global NATO” to pursue geopolitics anew. Publically, Ms Liz Truss tapped her well-known Rule Britannia Anglo-Saxon exceptionalistic mind-set which now would badly require a much larger “lebensraum”. By the

New pure-bred ´Schrödinger-seizable´ euros

by Jorge Vilches for the Saker Blog The EU had already promoted and achieved all-around chaos regarding very simple yet absolutely essential trading terms urgently to be agreed with the Russian Federation. As if that were not enough, now adding fuel to the fire EU member countries continue to dangerously play their traditional fiddles while declaring that “ some contracts are holier than others, didn´t you know ? ” This

The Schrödinger euros

by Jorge Vilches for the Saker Blog What ? Payment in Rubles ?? Unthinkable, don´t even mention the word say EU officials and authorities. Instead, Europe has formally demanded to pay for Russian imports with Schrödinger euros as explained below. So it´s high time for psychiatrists to step in as the livelihood of 800 million Europeans depends on whatever this incredible set of un-elected delusional EU leaders decide. Let´s get

Russia has a PLAN… …the West does not

by Jorge Vilches for the Saker Blog Russia has a PLAN… Like it or not, it is fairly obvious that Russia today is leading events and continues to affect reality mostly in the way that she believes is in her best strategic interests. In other words, cornered Russia had a Plan, a tangible, thought-out, thoroughly vetted – most probably in writing – articulate, fairly all-inclusive, flexible enough yet in-depth Plan

A West-mandated Russian “default”: who wins and who loses ?

By Jorge Vilches for the Saker Blog Russia is currently “defaulting” or — in the best of cases — on a very direct and firm path to an inevitable “default”. Or at least this seems to be what the Western press and international rating agencies are pushing and rooting for, same as specialized academia, think-tanks, the political-financial-military establishment… and pretty much the whole Western Hemisphere including the US and Europe

Bretton Woods III: the new Big Bang – “suicidal Europe saved by gold ?“

by Jorge Vilches for the Saker Blog The unstoppable momentum behind Russia´s new Bretton Woods III finances added to the lack of official gold data available worldwide last week prompted The Saker article “NATO´s internal gold war” to publically ask (1) how hard would it be for most countries to repatriate their now much-needed gold — theoretically still safely vaulted in ´custody´ at the Bank of England — specially if

NATO´s internal gold war

with Brexit negotiations still unfinished By Jorge Vilches for the Saker Blog Brexitology focused keenly on UK fish but fully ignored the EU´s gigantic gold reserves supposedly still vaulted in custody at the Bank of England. Adding insult to injury, a UK-EU no-deal financial services crash-out divorce went by almost unnoticed… not only without the bang of the still postponed “financial equivalence” protocol… but also without a mere whimper from