Energy and food crisis will lead to riots in Europe

[VodohodNews + 3]

According to the reports of European statistical bodies and the mood of the European press, the sweet life in the European Union is gradually ending. Europeans are overtaken by an energy crisis, which is naturally associated with an increase in prices for energy resources, the main exporter of which to the European market is the Russian Federation. Prices for fuel, electricity, and food are rising. Inflation is skyrocketing, and the cost of living is getting higher. In Italy, for example, the average electricity bill is now three times more expensive. The general tariffs for housing and communal services are also increasing – Spain and Germany are also added to Italy. According to experts, the situation for Europe is not expected to improve – on the contrary, it is worth preparing for the worst-case scenario in the near future.

According to preliminary calculations, this year the cost of only supplying the main energy resources – oil, gas and coal – will cost the Europeans almost twice as much as in the past and will no longer amount to 500 billion dollars, but more than 900 billion.

Why is Russia especially important for Europe? The reason is that in addition to 45% of gas supplies to European countries, Russia also exports 25% of EU oil imports. According to the data of the European Commission, in 2020, the cost of importing crude oil from the Russian Federation to the EU member states amounted to 48.5 billion euros, as for oil products, they were imported for 22.4 billion euros. Naturally, it will be extremely difficult to replace such a volume either immediately or gradually. And most likely impossible.

The hopelessness of such a trend for the European community is clearly seen in the example of Germany: in 2021, the state purchased 81.4 million tons of oil, the Russian energy resource amounted to 27.7 million tons. Considering the fact that private oil refineries operate in Germany, focused on processing Russian grades of oil, it becomes obvious that alternative raw materials – for example, from Qatar, Saudi Arabia or Venezuela – cannot be processed with their help.

In the event of an embargo on the supply of Russian oil to such enterprises in Europe, a stoppage of production will become natural, which will lead to a massive loss of their jobs by employees, as a result, unemployment will begin to rage. At the same time, the territories will lose taxation, and the state will lose gas lubricants.

The rupture of trade and economic ties with Russia will also lead to a food crisis, the worst result of which may well be famine in certain areas. Russia and Ukraine are Europe’s largest suppliers of food, grain, and sunflower oil. Attempts to make up for the shortfall at the expense of the United States, Canada or Latin America lead to a significant increase in prices for various types of food products. The situation is also aggravated by a sharp increase in fuel prices, a disruption in the transport and logistics systems, and a disruption in supply chains.

Data on a significant increase in prices for consumer goods is provided by the quarterly report of the Frankfurter Allgemeine Zeitung: the average increase in the price tag for food was 6.2%, while prices for basic items are actively getting higher. Already, the complementary crises – energy and food – are hitting the pockets of average Europeans significantly. The authorities carefully advise them to save energy, to endure, in order to show Russia that they cannot be broken. But the majority of EU citizens are not at all enthusiastic about this. Under conditions in which a warm apartment in winter and a full refrigerator will become a luxury for Europeans, they will think less and less about the political ambitions of the leadership of these countries.

The longer Europe insists on a strategy of completely cutting off trade and economic ties with Russia, including refusing to import Russian energy resources, the faster the worst-case scenario will develop. We are talking about the launch of mass protests by the population of the EU countries against whose destructive and short-sighted policies have placed European citizens in the strict framework of a record-breaking reduced standard of living. Already, both professional groups of workers and the general population are actively protesting in France, Great Britain and Greece.

They demand a halving of taxes on fuel, higher wages, the resignation of the failed British government, an end to the state’s participation in pumping Ukraine with weapons (after all, this is also a link in the logical chain of the U.S. tactics to destabilize Eastern Europe). The biggest problem for Europe is that its population understands what is happening in the world today. And this population does not want to pay for the crisis and the mistakes of their governments.

https://theduran.com/energy-and-food-crisis-will-lead-to-riots-in-europe/

[Boat + 1,324]

I been telling you boys to go green. FF only work if you can find them and if they are cheap enough. And yes. Still those 100,000’s of wells not caped and leaking methane. We’ll discuss flaring tomorrow. 

[Starschy + 211]

We know that for sure mid October. There are in Germany large storage with Weath. Countries like Switzerland have only minor closed Storage areas. But most Arab Countries and North Africa rely heavily on Russian Wheat. Those Countries get from Russia with an up-price the Wheat. But no Wheat for Europe you can be sure.

Gas can not be replaced not even close. 180-200 Billion m3.

[Ouallan + 2]

It's a fact that Russian energy resources makes it difficult to easily replace those resources, which could lead to economic disruption if trade and economic ties are cut off. The disrupted trade relationships with Russia and Ukraine, which could further exacerbate the challenges faced by Europeans.

[Meredith Poor + 897]

Russian disinformation campaigns will lead to rioting in Europe.

[Danny Dorsey 0]

I have the same opinion as you on this issue.

pumpkin panic

[robitony 0]

I spent many hours challenging myself and improving my Drift Hunters skills in this game.

[Marcin2 + 726]

EU economy is big enough to weather energy and food additional expenses. As far as I can tell (from Polish  perspective) nothing bad happends out of high inflation caused by food and energy sources. But we are rich enough to weather this.,