William Anderson5 said:The Germans are really at fault for this entire mess. They spent years convincing everyone across Europe that the Russians weren't using gas as leverage, claiming it was all just American propaganda. Then, right after the annexation of Crimea, they doubled down on building ST2... Meanwhile, they don't have a single LNG terminal to show for it. It’s just pure incompetence...
Merkel will go down in history as the new Neville Chamberlain...
You are spot on, though thanks to the democratic process—specifically our ability to actually influence leadership—they are now moving at breakneck speed to fix the massive disaster they created.
With enough capital, which they certainly have, they might actually pull it off.
Given how aggressively they’ve pivoted, I wouldn't be surprised if they "shut down" Nord Stream 1 within a month or two, or at least walk away from coal and oil imports altogether... which would deal a massive blow to Russia.
There is also a lot of loud chatter regarding the fact that they are still funneling 200 million euros a day to Russia, which could very well be just the beginning of the shift.
Best regards,