Russia Has NATO Over A Barrel

Russia has NATO over a barrel

Don Surber

While the U.S. media is a-Biden the call for a regime change in Russia, I observe there already was a regime change in the world. The winners of the cold war -- NATO and the USA -- find themselves 30 years later no longer relevant.

Red China, India and all those other developing nations have developed their own economies. They are acting in their own best interests.

Sure, 141 nations voted to have the UN put a mark on Putin's permanent record for invading Ukraine. But Red China, India, Iran and a host of African nations refrained from voting. Not their monkey. Not their circus.

They do not fear retaliation by the West because frankly, they no longer need the West.

Biden and the rest of the doddering old fools and girly men running these countries do not realize how unimportant they are. Their call for economic sanctions against Russia was the biggest and hardest faceplant of the century.

At best, Biden's economic sanctions inconvenience Putin. He has had to scramble to find alternatives. But this has drawn him closer to Red China and Iran. 

But he has the upper hand because he has something Europe wants: energy.

The West turned his rubles into rubble? Fine says Putin. Now he's demanding payment in rubles.

AP reported, "German Economy Minister Robert Habeck on Monday said the Group of Seven (G7) major economies dismissed Russian President Vladimir Putin's demand to pay for gas in rubles." 

Oh?

Well, they do not get to make that decision, do they? It is Russia's oil and natural gas and if you want it, you pay what he wants in whatever currency he wants.

TASS reported, "Moscow is handling the details of its gas delivery plans to unfriendly countries for payment in rubles, but it won’t engage in charity if Europe refuses to pay in the Russian currency, Kremlin Spokesman Dmitry Peskov told reporters on Monday." 

The story also said, "The Kremlin spokesman remained tight-lipped on what measures Russia might take if Europe refused to pay for gas in rubles, noting that these 'issues should be sorted out as they develop." 

He also said, "But we will definitely not supply gas for free, that’s for sure. It is hardly possible and reasonable to engage in charity in our situation."

Not a charity.

To be sure, Russia needs a cash flow and all.

But Putin has them over a barrel because they depended on him to keep them warm in the winter and cool in the summer.

Biden said the U.S. will supply Europe with LNG in a few years. 

Where will the USA get the LNG? From the LNG Fairy? Biden shut down U.S. production of oil and gas.

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