I was hoping to write about something else today, but Jasper left a comment last night that reminded me of a key piece in this game: Deutsche Bank. And, that led me to think about the price of oil, the Petrodollar and Russia’s trump card:
I know that this sounds silly, but bear with me for a bit. This is deadly serious.
Do you know who supplies 30% of Europe’s natural gas?
Do you know where 50% of that Russian natural gas travels through?
Do you see a problem here?