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Posted (edited)
4 hours ago, John Hjorth said:

That this is the reality, is gradually dawning here in Europe. And you see it in the major shift in Western European sentiment going on in these days.


European ignorance and weakness invited Putin and Russia to their backdoor. If you have a Russian bear in your backyard, you don't keep the door wide open. Good riddance to all that.

 

Follow the money:

https://www.euronews.com/my-europe/2025/03/05/has-europe-spent-more-on-russian-oil-and-gas-than-aid-to-ukraine-as-trump-claims

Edited by formthirteen
Posted
20 minutes ago, formthirteen said:


European ignorance and weakness invited Putin and Russia to their backdoor. If you have a Russian bear in your backyard, you don't keep the door wide open. Good riddance to all that.

 

Follow the money:

https://www.euronews.com/my-europe/2025/03/05/has-europe-spent-more-on-russian-oil-and-gas-than-aid-to-ukraine-as-trump-claims


All of this is true.  Trump went to Germany years ago and basically said we are spending lots on nato spending, you aren’t, and you are buying all this oil and gas from Russia.

 

of course there the amount bought is not the same as profit for Russia.  Still it shouldn’t be happening, and plans are being made to move away from that.

 

Canada had an open goal to provide this and Trudeau said no I understand.

Posted
4 hours ago, Sweet said:


All of this is true.  Trump went to Germany years ago and basically said we are spending lots on nato spending, you aren’t, and you are buying all this oil and gas from Russia.

 

of course there the amount bought is not the same as profit for Russia.  Still it shouldn’t be happening, and plans are being made to move away from that.

 

Canada had an open goal to provide this and Trudeau said no I understand.

At least Europe moving in the right direction, the direction that the US is taking under Trump is downward scary.

 

I think for equity markets it means that the US valuation premium will diminish. The US markets still has the best business but that only explains part of the valuation difference. There is a clear premium for US stocks right now compared to likewise foreign stocks (as is evident when business relist in the US) and this premium will be smaller going forward, imo.

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