Irwin Stelzer- This Week in Economics, and Next

Share this post

User's avatar
Irwin Stelzer- This Week in Economics, and Next
WHO’S LAUGHING NOW?
Copy link
Facebook
Email
Notes
More

WHO’S LAUGHING NOW?

Irwin Stelzer's avatar
Irwin Stelzer
Jul 26, 2022
∙ Paid
4

Share this post

User's avatar
Irwin Stelzer- This Week in Economics, and Next
WHO’S LAUGHING NOW?
Copy link
Facebook
Email
Notes
More
Share

“Germany will become totally dependent
On Russian energy if it does not immediately
change course,” President Donald J.
Trump said at the United Nations in 2018.
In response, the German delegation, which
included the country’s foreign minister, Heiko
Maas, laughed.”
Report from The New York Times, July 22

We have got Putin where we want him. He is forced to sell his oil to India and China at a discount, and is having trouble producing all he can sell. Prices are so high that even with discounts he is raking in more revenue than before he says Ukraine invaded Russia, but no sanctions are perfect. Meanwhile, oil prices here and in Europe are fueling inflation, and consumers weep when they watch the dial on the gas pump spinning crazily.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Irwin Stelzer
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More