US Can’t Sanction Russian Energy Without Risking Systemic Collapse

Luke Gromen on Palisades Gold Radio

Tom welcomes Luke Gromen of Forest for the Trees back to the show.

To subscribe to our newsletter and get notified of new shows, please visit palisadesradio.ca

We are primarily funded by readers. Please subscribe and donate to support us!

Luke explains the remaining options available to Russia and why the Chinese may benefit from the situation. We can’t sanction Russia’s energy because our own markets are so interconnected. Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the ‘petro’ side. It will be interesting to see how this develops.

FULL SHOW NOTES AND LINKS HERE

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.