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posted 3 years ago by ghost_of_aswartz 3 years ago by ghost_of_aswartz +10 / -1
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– Ep0ch 1 point 3 years ago +2 / -1

Haven't you heard their narrative. It works on the dumber minds of idiots. It doesn't work in real life.

Every single one of them speaks of energy independence. Naively. There is no energy independence. It still needs gas, oil, coal. Any products and materials are made out of using fossil fuels. Plastics, alloys, metals, batteries, etc etc.

But the price of energy skyrockets. New infrastructure costs huge amounts. Existing methods are much cheaper. Having existing taxation and trade deals. By switching suddenly all it's gaining are huge debts into debt ridden economies heavily invested into likewise trade.

Meanwhile it faster pisses off the rest of the Planet. They'll stop investing and choose rivals offering longer lasting business. As they profit on rising costs and the heightened demand. Sometimes it escalates into conflict. No sooner as a choice is it faster trading through sanctions, and buys into rival tech.

In regards to the topic. Switzerland haven't had monetary neutrality. They've been sanctioning for decades and decades.

Crypto yawn, often reciprocal resources, or investment, currency, bonds. Nobody buys a tanker of oil/gas for crypto.

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