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eleitl | 4 years ago

It's not Russia, so far. However, if Russia stops all fossil flow it would implement the Morgenthau plan. Not just for Germany.

It is good news for USD vs EUR.

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monkeynotes|4 years ago

I don't understand this comment. A quick look up of the `Morgenthau plan` seems to indicate it was focussed on removing Germany's military power by crushing their industrial output and various other economic restrictions.

Russia cutting off oil doesn't seem to be synonymous with the intent of Morgenthau, it may have a similar side-effect but it's not the same as far as I can see.