A global recession is on the horizon - please read OP for mod warning

No point in trying to engage with someone who gets that personal about a topic like this. They've obviously made this whole thing a part of their identity to fill a void created elsewhere. The mention of Tucker Carlson and the likes is a red flag. We're dealing with someone feeding into the idiotic left v right battle taking place in the heads of many across the Atlantic.

Sea Power Magazine reported on June 14th, the US Navy’s 6th Fleet Task Force 68 was running underwater explosives removal drills in the area where these sabotage explosions took place. 

All the kindergarden bickering here back and forth is absolutely pointless.

We're facing the worst trouble we've ever had to in our lifetimes. Everyone needs to get prepared.

How gas rationing at Germany’s BASF plant could plunge Europe into crisis

A shutdown would have a far-reaching impact across all sectors, from nappies to medicine

The consequences of a shutdown at Ludwigshafen would be far-reaching, not just in Europe’s largest economy but the entire continent.

BASF-produced chemicals are used to make anything from toothpaste to vitamins, from building insulation to nappies. It is one of the world’s biggest manufacturers of ibuprofen for painkillers, and its single largest customer industry is the automobile industry, meaning sputtering pipelines in Ludwigshafen would directly affect carmaking regions such as Emilia-Romagna, Catalunya or Hauts-de-France.

One of the few remaining end products still produced at Ludwigshafen is AdBlue, a liquid used to reduce air pollution from diesel engines. It is a legal requirement for heavy goods vehicles, so a shortage could bring lorries to a standstill across Europe.

Norway?

Okay the last few pages on this thread have been horse $hit about Russia, Ukraine the US. This is a thread on a global recession, we should be talking about what the consequences of never ever having cheap gas in Europe is not wondering who blew up pipelines, there gone now anyway so time to forget about them and cheap energy.

I would be extremely worried with what's going on in Germany now, As an earlier poster said BASF who makes everything from chemicals for pharmaceuticals, Ad blue, chemicals for fertiliser, admixtures for building materials and concrete the list goes on.

With the certainty of never returning to cheap energy now for Europe, coupled with main industries shutting down leaving a shortage of necessities it looks inevitable that a stagflationary recession will hit Europe. The sad thing about this all is the ECB and how weak they are, this will not end well. Last time the US was in a bad Stagflationary period they had to go full Paul Volcker, the EU is too indebted to do that now and lacks the balls also, that that leaves us with one option, print money to control the bond yields, tolerate high inflation with way lower interest rates (negative real interest rates) which in turn over a period of 5-10 years will inflate away a lot of the debt problems and keep the show on the road. This could work so long as the people are pacified, but it runs a thin line between all out anarchy and pacification. With the rise of populism, no doubt they will not be able to pacify the people and this is the scary part.

It looks like things are going to get very very precarious indeed.