As Britain awaits a new prime minister, its cost-of-living crisis mounts
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Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#2Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering?
It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate.
The average citizen cares about their energy bill and putting food on the table more than some idealistic notion of standing up to bullies.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#3Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
Because energy companies, even European ones, are making bank. So are asset owners.
Every crisis is someone's opportunity to make money off other peoples' loss. As long as their assets are safe and keep going up, nobody cares about CoL going up. Well, at least until riots happen and political extremism grows to new heights.
Come on France, 'do yer thang' (riots), we'll follow suit.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#4Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
>the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate.
This was my problem with the Syria war too.
US: We want war! Europe you will get refugees, good luck.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#5More UK cost of living information: https://www.theguardian.com/business/cost-of-living-crisis
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#6Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
Also in the UK. Personally I'm sick of seeing our government cosy up to authoritarian regimes because they have something we happen to want. In the UK we're particularly unlucky in that the people currently in charge don't really care if the poor in our society freeze or starve as they've stated so astutely in the recent leadership contest.
The rest of the G7 at least seem prepared to shield their population as much as possible through planning and government intervention, which is probably why they seem much less concerned.
On top of that, the answer to the pain of the current sanctions isn't to go back to relying on Russian gas. It's to pump covid levels of investment into alternatives that don't require us to prop up quasi-dictatorships in order to keep the lights on.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#7Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
6 out of 10 Britons support sanctions against Russia.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#8Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
6 out of 10 Britons support sanctions against Russia.
I then genuinely hope that the same 6 out of 10 are happy to pay their increased energy bill.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#9Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
Also in the UK. Personally I'm sick of seeing our government cosy up to authoritarian regimes because they have something we happen to want. In the UK we're particularly unlucky in that the people currently in charge don't really care if the poor in our society freeze or starve as they've stated so astutely in the recent leadership contest. The rest of the G7 at least seem prepared to shield their population as much…
>alternatives that don't require us to prop up quasi-dictatorships in order to keep the lights on
But how? The entire economy of the city of London is based on being the word's money laundering capital, vacation playground and best buddy for Russian Oligarchs, Saudi Royals, CCP big shots and other wealthy dictators and warlords. It's Thacher's legacy.
Re: As Britain awaits a new prime minister, its cost-of-living crisis mounts
#10Okay this is a genuine question but why are the G7 not backing down when clearly their populations are the ones suffering? It feels strange to me living in the UK that the sanctions have been spearheaded by the US when they are mostly shielded from Russia. Whereas for European countries, it is obvious that they are dependent on Russian gas and yet they are not willing to negotiate. The average citizen cares about the…
Backing down means handing the victory to Russia, which is politically costly in the short term and probably not financially cheaper in the long term. Whether europe wants it or not, they are involved in a war, and you can't just back down in a war without consequences.
You could also argue that the current prices are just a teaser of what's coming anyway so more incentive to innovate now instead of later. Very harsh and not completely true, but I think there's a little bit of truth to it