Putin enjoys the popcorn as Europe freezes

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Ah Europe. The cheese-eating surrender monkeys of geopolitics. It means well but without any kind of force projection is completely useless.

Witness Vladimir Putin now running rings around it on energy:

“Let’s think through possibly increasing supply in the market, only we need to do it carefully. Settle with Gazprom and talk it over,” Putin said. “This speculative craze doesn’t do us any good.”

Of course, all Putin is doing is pointing out what he is really doing:

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Yes, Vlad can fix it. When he gets what he wants.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.