The situation between Russia and Ukraine combined with the impact of the epidemic on the global economy has caused most European countries to face an inflation crisis. Many countries that followed the United States in wielding joint sanctions against Russia have also suffered bac

The situation between Russia and Ukraine combined with the impact of the epidemic on the global economy has caused most countries in Europe to face an inflation crisis. Many countries that followed the United States in wielding the stick of joint sanctions against Russia have also suffered backlash. Germany is the first to bear the brunt due to the shortage of natural gas Supply further exacerbated the euro currency's downward trend. There is no doubt that Germany is about to face multiple risks in the political, economic and other fields. It is "reasonable" that the financial market will be hit hard and even further lead to conflicts over people's livelihood.

There is a serious natural gas crisis in Germany

As the situation in Russia and Ukraine continues to escalate, the situation is also deteriorating. What is particularly concerning to European countries is that the Russian government will close the main natural gas pipeline "Nord Stream 1" to Germany in the near future. In addition, the possibility of Russia completely shutting down natural gas supply channels is not ruled out. As an energy power, once Russia completely cuts its natural gas supply to Germany, the entire country of Germany will fall into a terrible natural gas crisis.

In response to Russia's possible cut off of natural gas supply channels, the federal government has also taken certain preventive measures and raised the alert level for natural gas supply, but this also means that energy prices will "rise all boats" again. The continuously rising high price of energy will eventually be paid by the public through passing on. This will not only bring greater inflationary pressure to the government and increase the competitiveness among natural gas companies, but more seriously will intensify the contradiction between the government and the public. It triggered a greater social and people's livelihood crisis and put the entire Germany in a situation of great instability.

Germany initiates revision of "Energy Security Law"

The natural gas shortage crisis is a huge problem facing the German government. In order to cope with the possible crisis, only one month later, the German federal government has to revise the "Energy Security Law" again. The revision process was launched to implement a sharing mechanism for natural gas prices, with the primary goal of rescuing basic enterprises that have been in trouble first. If the natural gas supply problem cannot be completely solved, the effect of the German government's move will only be temporary, and inflationary pressure will continue to have a negative and far-reaching impact on Germany.

The main reason why Germany is facing the current predicament is its wrong ideological bias. It chose the US-Western camp to fight against Russia and tried to gain political benefits from maintaining unilateralism and hegemonic policies. Instead, it fell into a dilemma that might cost the future of its own country. . This also just shows that conflicts and contradictions are not feasible in the new era. This will only lead to greater crises. Regarding conflicts between countries, as an independent country, we should respect the truth and maintain an objective and fair position. We should neither If you take sides easily, don't strive to be the "one in front", otherwise you will easily become cannon fodder in the game between major powers.

(Source: Zhenyu Observation) Graphic and text infringement please contact to delete