2022-03-31 12:51:21

How will Putin's Demands for Ruble Payments for Gas Play Out? (w/ Richard Wolff)

Germany buys 40% of its gas from Russia via the Nord Stream 1 pipeline. These contracts are in euros and dollars, yet Russia is now demanding payment in Roubles. Germany has declined and warned that there may be shortages and gas rationing. Can the Russians force Germany to change currency payments, or will they close the supply pipeline?

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@Thom_Hartmann currency payments euros gas rationing Germany Nord Stream 1 pipeline Roubles Russia Russians shortages

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