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Matt Klein on How Germany Wound up So Dependent on Russian Gas | Odd Lots

发布时间 2022-03-07 18:37:09    来源

摘要

Harsh sanctions have been imposed against Russia over its invasion of Ukraine. However, the country's energy exports have largely been spared. One significant reason for this is Germany's high dependence on Russian energy, particularly natural gas. So how did Germany wind up in this situation? And why didn't it take steps years ago to start weaning itself off of this dependency? We discuss this with Matt Klein, the founder and publisher of The Overshoot as well as the author of the book Trade Wars Are Class Wars. He explains how misplaced German priorities led to years of underinvestment, and a poorly thought out energy strategy, which is now forcing Germany to pivot at a very difficult time. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcasts #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg Bloomberg Politics: https://www.youtube.com/c/BloombergPolitics Bloomberg Technology: https://www.youtube.com/c/BloombergTech Quicktake Originals: https://www.youtube.com/user/Bloomberg Quicktake Now: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Quicktake Explained: https://www.youtube.com/bloombergexplained For coverage on news, markets and more: http://www.bloomberg.com/video

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