RUSSIA COMPLETES THE NORDSTREAM 2 PIPELINE
Amid all the geopolitical fallout from the American-Afghanistan fiasco, there's one story that slipped quietly under the radar this past week, and that's Russia's completion of the Nordstream 2 pipeline to western Europe via Germany (story shared by P.T., with our thanks):
You may recall that former President Trump pressured Germany not to complete the pipeline, and offered to sell then-abundant US energy to Germany in return for a pull-out. As the Zero Hedge article observes, the Bidenenko regime reversed this policy (as well as the Trump administration's domestic energy policies) in return for German assurances that that country will not allow the pipeline to be "politicized," i.e., used as a weapon of economic and energy coercion by Russia over Germany.
It's with this bit of geopolitics that I am concerned today. Wisely, Chancellorin Merkel rebuffed Mr Trump's offer, and gave the go ahead for the completion of the pipeline. And it's easy to see why: shipping energy supplies across the Atlantic is bound to be more expensive than a pipeline directly from Russia.
But I submit, in the wake of the Afghanistan fiasco, that there was probably also geopolitical reasoning behind Germany's decision. While the American media was busy hosting various generals and Senator Lindsey Graham-Cracker over the past few years, reassuring the American public that we were making "progress," the reality on the ground was quite different, as we now know. This had to have been apparent to our allies. With the ignominious collapse of the American position there, the USA's unreliability as an ally has been underscored once again, so Germany is hardly to be blamed for betting on Russia, a neighbor close to hand, rather than dubious supply lines across the Atlantic and American assurances to supply energy, and defend the supply line, especially in the face of Chinese pressure in the western Pacific.
And then there's this (courtesy of E.G., to whom a thank you for sharing this tell-tale chart):
The picture here is clear: as America began to wage its "war on terror" after 9/11, China was slowly displacing the USA as a trading partner. The graphs are headed by the question; "Who you gonna call?" Germany can't be blamed for calling Moscow, and not Washington.
See you on the flip side...
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