Watch the Other Hand – Ukraine, Bank Failure, Oil and Natural Gas
by John Little
March 4, 2014
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?
But, let’s pull back a bit and look at the bigger picture.