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Europe Folds As Putin Tells It To Pay Ukraine's Gazprom Bill, Or Else

Tyler Durden's picture




 

Another day ending in "y" means another day in which Putin plays the G(roup of most insolvent countries)-7 like a fiddle.

The latest: Europe should provide aid to Ukraine to ensure uninterrupted natural-gas deliveries to the region, President Vladimir Putin’s spokesman said as reported by Bloomberg.

"Russia is the only country helping Ukraine’s economy with energy supplies that are not paid for,"  Dmitry Peskov told reporters today in Moscow,  commenting on President Vladimir Putin’s letter yesterday to 18 European heads of state. “The letter is a call to immediately review this situation, which is absurd on the one hand and critical on the other.

Said otherwise: PUTIN SAYS EUROPE GAS TRANSIT DEPENDS ON UKRAINE: IFX

Or, as we explained yesterday, Russia is quite happy to keep the EU gas flowing... as long as Ukraine has enough gas in storage to assure Gazprom it won't syphon off gas destined for Europe. So how much gas does Ukraine need to pre-stock? About $4-5 billion worth. The problem is that Ukraine doesn't have a dime to spend on gas.

So putting the question aside if Ukraine will or won't import even one bcf of Russian gas ever again (thanks to some fracking or US natgas exporting magic), what Putin just said is that if Europe wants an uninterrupted supply of gas it better find a way to fund Ukraine to the tune of up to $5 billion, or else the gas may just get shut off.

And guess what: Putin is about to win yet again:  

European Energy Commissioner Guenther Oettinger is working on a plan to help Ukraine pay some of its gas bills to Russia, he told Austria's ORF radio on Friday, saying there was "no reason to panic" about Russian gas supplies to Europe.

 

"We are in close contact with Ukraine and its gas company to ensure that Ukraine remains able to pay and the debts that the gas company has to Gazprom do not rise further," he said, adding he would meet Ukraine's energy and foreign ministers on Monday.

 

"I am preparing a solution that is part of the aid package that the IMF, the European Union and the World Bank is giving to Ukraine and from which payment for open bills will be possible."

The chass game continues: Putin X+1 - Pidgeons 0

 

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Fri, 04/11/2014 - 10:42 | 4647399 Payne
Payne's picture

1st Russia get the EU to pay for Ukraines gas bill, next they demand payments in Rubles.  

Fri, 04/11/2014 - 10:54 | 4647447 Davidoff
Davidoff's picture

?????? ??? ? ??????... sounds like 'Zasun noj e slomai'

Fri, 04/11/2014 - 13:00 | 4647968 jopa
jopa's picture

vstavitié noj vnutri i slomaitié iévo

Fri, 04/11/2014 - 11:11 | 4647524 Dubaibanker
Dubaibanker's picture

Meanwhile, in the land of the free, if you rob a billion dollars, like Corzine or become a bank like GS and take Govt aka tax payer support overnight  or lose a billion like Dimon, or take a billion like AIG or lie to Congress when you are NSA chief like Clapper, then you are fine, but if you dont pay a 25 buck fine, you go straight to jail.

Mr. Daly spent more than a week immobilized, not just by his three bullet wounds, but also by a set of handcuffs and ankle restraints — all because of an unpaid $25 fine for possessing a cup of wine in public.

Fri, 04/11/2014 - 11:51 | 4647719 Eireann go Brach
Eireann go Brach's picture

So ZH is a fan of Putin? Why?

Fri, 04/11/2014 - 12:53 | 4647936 Jack Burton
Jack Burton's picture

Why not? Varför inte!

Fri, 04/11/2014 - 15:21 | 4648619 CuttingEdge
CuttingEdge's picture

He had the balls to say fuck you to Obama over Snowden (no one ese would give him sanctuary under US pressure), he butt-fucked Obama over Syria, and he is doing the same in spades with Ukraine.

What's not to like?

Obama equates to three pubes on Vladimir's scrotum - and boy does it show every time his mouth gets opened by a teleprompter.

Sat, 04/12/2014 - 03:54 | 4650456 Tall Tom
Tall Tom's picture

What's not to like?

 

Pukin is an Oligarchical Thug just like Obama who is narcissistic and psychopathic.

 

All of these World "Leaders" are just Crime Family heads.

 

I guess that you can choose the lesser of two evils but do not be too damned surprised when the result that you will realize is just EVIL.

 

I support, NONE OF THE ABOVE. for myself. I choose good over that of evil but you are free to choose evil since it pleases you to do so.

 

Then, again, I am into Freedom and Liberty. All of the thugs need to be put away somehow.

 

But there are NO SOLUTIONS as most, as yourself, feel compelled to follow a leader rather than to be a leader and lead your own lives. So I will accept that and lead my own life.

Fri, 04/11/2014 - 12:34 | 4647832 intric8
intric8's picture

fucking imf thuggery. how many yachts do they want to water ski behind before theyre happy, how many countries indebted to them before they declare it a job well done? they can create money into existence at will. seriously folks, its becoming less about money and more about world domination. you wanna talk long term sustainability, resources, etc, well in the near future it wont be through money supply, itll have to be accomplished by purging huge portions of the worlds population. seems like the only way out, either that or elysium

Fri, 04/11/2014 - 12:55 | 4647944 Jack Burton
Jack Burton's picture

Good post. You must imagine the financial elites as insane, when you get that point, then their actions make sense. Greed has undone them.

Fri, 04/11/2014 - 12:35 | 4647874 caconhma
caconhma's picture

Zero-Hedge fools cannot understand that Putin is another NWO mobster players. He is a thug and a thief. He calls Merkel, Obama, etc his partners.

What we are observing now is just a rivalry between oligarchs/gangster who are fighting to keep and expand territories where they can exploit and rob their respected citizens whom they despise. There is no good guys in this fight. It is like George "Bugs" Moran and Al Capone fighting for their territories.

The only difference this time is that Putin was signaling than the might go nuclear since he has no viable arm forces and his own position at home is quite shaky.

Fri, 04/11/2014 - 13:04 | 4647983 SilverRhino
SilverRhino's picture

Downchecked because you're full of shit.  

Fri, 04/11/2014 - 14:47 | 4648434 Boxed Merlot
Boxed Merlot's picture

Downchecked because...?

 

Personally, I don't think it's all that far off.  Bushes / CIA, Putin / KGB, using an eastern block created Soros backed western styled media controled blitz to co-opt the US political machinery and turn it into a race baiting, gender bending, money burning device of mass destruction could be an accident, but funny thing is, I'd actually feel more comfortable believing it was all by design.

 

jmo.

Fri, 04/11/2014 - 13:09 | 4648007 intric8
intric8's picture

Russia is geographically far from the u.s. Russia gave ukraine independence. It provided gas to the ukraine at fair prices for years. Ukraine defaulted on payments time and again, and even siphoned off supplies pissing russia off. Its business, not necessarily putin being a thug. Given the context of the american neocon agenda now fully entrenched and trashing every semblence of our constitution, as well as innocent countries along the way, who wouldnt root for Putin over obama? From a global perception, this will be putins victory not obamas

Sat, 04/12/2014 - 04:06 | 4650473 Tall Tom
Tall Tom's picture

There are many here that have not waken up to the fact that there is a fight going on for the control of the One World Government, the New World Order.

 

You are correct in your assessment and do not let the disapproval scare you away.

 

MOST POSTERS here are dimly aware of it but they have a ways to go before seeing all of depth of the inherent evil.

 

Choose Liberty and Freedom over enslavement and choose good over evil. Most of these people will be your friends in the long run and soldiers in arms in the oncoming struggle..

 

But I will also take their heat with you.

 

So junk my post. But I have faith that you will become aware.

Fri, 04/11/2014 - 12:52 | 4647933 tempo
tempo's picture

Don't pick a fight with someone who will kick your ass.

Sat, 04/12/2014 - 04:33 | 4650495 StychoKiller
StychoKiller's picture

It's blatantly obvious just WHO has the black belt in Judo on the World stage...

Fri, 04/11/2014 - 12:56 | 4647955 jopa
jopa's picture

???????? ??? ?????? ? ???????? ???  

Fri, 04/11/2014 - 13:02 | 4647976 SilverRhino
SilverRhino's picture

Pashol na huy i lizhit moi zhopa .... pretty much covers it in spades.

Fri, 04/11/2014 - 15:30 | 4648670 BlindMonkey
BlindMonkey's picture

Be nice rhino...

Fri, 04/11/2014 - 14:27 | 4648329 icanhasbailout
icanhasbailout's picture

what's Russian for "overcharge"?

Fri, 04/11/2014 - 16:19 | 4648868 Z_End
Z_End's picture

priderzhivat'sya nozh v i razorvat' yego

Close enough...

Fri, 04/11/2014 - 17:02 | 4649029 assistedliving
assistedliving's picture

Putin = GAZPROM

PM = CEO of GAZPROM

Russia = serfs, paranoid brownshirts, hackers, vodka and a bit of literature & ballet and some eggs (faberge + caviar)

(add hockey players if ur a RANGER fan)

Fri, 04/11/2014 - 17:31 | 4649137 css1971
css1971's picture

Hey, all the stereotypes in one post.

Fri, 04/11/2014 - 17:34 | 4649145 post turtle saver
post turtle saver's picture

it's a complex game of chass... tough to follow

shit like this happens when you're a subversive shitheel typing on a foreign keyboard... comrade

Sat, 04/12/2014 - 08:51 | 4650672 Bokkenrijder
Bokkenrijder's picture

Oh yeah, good old Günter Öttinger, Chermany's anzzwer to zee Eeeengleeesh zpeeking wurld.

Always a good laugh to watch a German talk English: http://www.youtube.com/watch?v=-RrEQ8Ovw-Q

Fri, 04/11/2014 - 10:05 | 4647218 HRamos_3
HRamos_3's picture

Sure, we'll help Ukraine... But we'll only help the one that existed previousy, ie with Crimea included.

Deal?

Fri, 04/11/2014 - 10:06 | 4647231 pies_lancuchowy
pies_lancuchowy's picture

reality check , you refer to a very short period of time, before 1960-ies Crimea was Russian, you should read a bit

Fri, 04/11/2014 - 10:22 | 4647281 HRamos_3
HRamos_3's picture

Reality check, i know nothing about the way Khrushchev handed Crimea to Ukraine, and the demise of that gesture as "He was drunk" by the russian folks.

I also know nothing about the discount being made in gas in exchange for the right to use the Sevastopol port.

 

Someone signed a contract with Russia to sell Ukraine some gas?

That person was probably drunk, so no payment for you.

 

See? It works both ways.

 

Also, i don't even know how to write Nikita Khrushchev.

Fri, 04/11/2014 - 11:09 | 4647511 angel_of_joy
angel_of_joy's picture

Reality check, if you like Crimeea so much, go out and take it !

Otherwise, you seem pretty clueless when it comes of "reality".

Fri, 04/11/2014 - 11:26 | 4647602 HRamos_3
HRamos_3's picture

That's what the russians have done, violating even their own contracts.

You seem pretty clueless when it comes to international law, so i'm guessing you are American.

So we're back at "You want it, just go get it?"

 

That will play out just fine.

Fri, 04/11/2014 - 15:21 | 4648620 Zerozen
Zerozen's picture

If you know nothing of the history of Crimea and the people that actually populate it (Russians), then why are you opening your mouth at all?

Sat, 04/12/2014 - 07:47 | 4650607 Flagit
Flagit's picture

That's what the russians have done, violating even their own contracts.

 

the "Ukraine" ceased to be, the minute Right Sector, the Oligarchs, and the remaining body of the previous government chased the elected leader out of the country.

Fri, 04/11/2014 - 11:40 | 4647684 silvermail
silvermail's picture

"Also, i don't even know how to write Nikita Khrushchev."

It does not matter you know about Khrushchev or do not know. It only matters that the decision of Khrushchev was unlawful. For such a decision, Khrushchev lacked a quorum of members of the Political Bureau. It is a historical and legal fact.

Fri, 04/11/2014 - 13:41 | 4648112 HRamos_3
HRamos_3's picture

"However, in a 1997 treaty between the Russian Federation and Ukraine, Russia recognized Ukraine's borders, and accepted Ukraine's sovereignty over Crimea."

But then a wild vodca appeared...

Fri, 04/11/2014 - 15:27 | 4648652 Zerozen
Zerozen's picture

Yes and then in 2014 the people of Crimea voted to leave Ukraine, and then voted again to join Russia. Nobody's sovereignty was violated.

What's your fucking point?

Fri, 04/11/2014 - 16:57 | 4649002 silvermail
silvermail's picture

""However, in a 1997 treaty between the Russian Federation and Ukraine, Russia recognized Ukraine's borders, and accepted Ukraine's sovereignty over Crimea."

I recommend you more carefully understand the terminology, that you use.
What exactly do you mean , under the legal concept “Ukraine”?
- For you, “Ukraine ” – is Kiev and the West, where the gang of fascists with the support and patronage of Washington, made ??an armed rebellion? I mean, for you, “Ukraine” are those criminal elements, who by force of arms by the massacres and terror, overthrew the legitimate and democratically elected President?
- Or “Ukraine” for you is the Crimea and South- East of the country , where citizens have remained faithful to the Constitution and refused to recognize the self-proclaimed authority criminal Kiev junta?

If in Kiev was “armed rebellion”, the so-called authorities of Ukraine today – it’s criminals and impostors. They should all be arrested and prosecuted.
But if in Kiev was a “revolution”, today Ukraine as a legal entity in 1990, ceased to exist. And in its place, now formed a new state, to which Russia has no any legal obligations.

I think you remember and understand well, that after revolution 1917, Tsarist Russia had ceased to exist. And in its place, was formed a new state – USSR. But excluding (minus) Finland.

Sat, 04/12/2014 - 07:16 | 4650579 nicxios
nicxios's picture

BOOM! You nailed it.

Sat, 04/12/2014 - 07:51 | 4650610 Flagit
Flagit's picture

doubleplusgood!

much more detailed than my explination, and yes, spot on.

Fri, 04/11/2014 - 12:58 | 4647961 Jack Burton
Jack Burton's picture

What' stopping you from going to Kiev and joining the Euro Maidan groups? Nothing?

Fri, 04/11/2014 - 13:15 | 4648025 HRamos_3
HRamos_3's picture

A 3099,30 km distance?

Oh sorry, 1925,82 miles.

Fri, 04/11/2014 - 14:01 | 4648211 Jack Burton
Jack Burton's picture

Funny, I can be in Stockholm Sweden in just under 12 hours, counting the airport drive and clearing security!

Fri, 04/11/2014 - 14:39 | 4648397 HRamos_3
HRamos_3's picture

Do it then. Stockholm is a nice city.

Also, feel free to place 250€ in my account. Will send you an "From Ukraine with love" postcard.

I accept bitcoins too. Just not rubles.

Fri, 04/11/2014 - 17:23 | 4649115 css1971
css1971's picture

Eminently qualified then.

Fri, 04/11/2014 - 10:07 | 4647236 NoDebt
NoDebt's picture

Nyet.

Fri, 04/11/2014 - 11:12 | 4647532 HRamos_3
HRamos_3's picture

Fine, just turn the tap off.

We'll meet again in 2008.

Fri, 04/11/2014 - 10:10 | 4647252 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

You mean the one with an unelected government of fascists? Isn't that the Tea Party stance?

Fri, 04/11/2014 - 11:09 | 4647516 angel_of_joy
angel_of_joy's picture

No.

Fri, 04/11/2014 - 11:28 | 4647612 unplugged
unplugged's picture

you have it exactly backwards - you need to stop listening to MSM

Fri, 04/11/2014 - 12:36 | 4647879 intric8
intric8's picture

Clueless

Fri, 04/11/2014 - 10:17 | 4647290 TheReplacement
TheReplacement's picture

More like, we'll help Ukraine pay (for a bit) if you only charge them cost.  That way we can both be generous.

Fri, 04/11/2014 - 10:17 | 4647292 rwe2late
rwe2late's picture

HRamos_3

Are you referring to the previous Ukraine with an elected government before it was divided by an illegal US-sponsored regional coup in Kiev?

The regional Kiev coup government won't like it if the US-EU stops financing them.

Fri, 04/11/2014 - 10:40 | 4647341 HRamos_3
HRamos_3's picture

No problems, we'll let Russia finance them then. That has worked really well for them before, so no worries there.

 

And if having had a country or a region is a 'thing', like asking dibs on it, please ship half the world to Spain and the other half to Portugal please...

 

I hope your spanish is Tip-Top. Adios!

Fri, 04/11/2014 - 11:46 | 4647695 tarsubil
tarsubil's picture

So you don't think Crimea and Sevastopol have a right to vote to join Russia? Especially, after the coup government took a shit on Russian speakers? And Russia should still pay rent for Sevastopol to the coup government of thugs that took a shit on Russian speakers after it became a part of Russia? What you say makes zero sense to me.

Fri, 04/11/2014 - 12:56 | 4647921 TheGardener
TheGardener's picture

Tartar Crimea got "freed" from the Osman empire by Russia
in the mid 19th century. Lot`s of "population exchanges"
ever since. Kind of like returning the Rheinland to the caliphate of France to protect the muslim majority in 2021
against the remaining Rheinlanders of mostly Polish origin...

Wannabe arm chair generals with a six pack at hand,
get real : the Kissinger`s and Soroses of this world are meant to stirring up shit and fucking things up , they live off blood and rivers of blood got them where they are.

Any war you take sides, you`ve been had. Because all wars are their wars

Fri, 04/11/2014 - 15:28 | 4648656 tarsubil
tarsubil's picture

The reason I argue this is mostly for Americans not Russians. Americans should refuse to fight for Ukraine unification or whatever. It is none of our damned business and not of our concern.

Fri, 04/11/2014 - 16:10 | 4648751 TheGardener
TheGardener's picture

Sorry to state, but the state of American ethnic composition will make them call home to each of their perspective home tribe which might well be overseas if the melting pot approaches just about room temperature. Mad max for cinema consumption, in real live this is your Crimea moment. Who flees first obamaic bankster paradise wasteland gets out with some assets. Cheap asses might not make it, unless of course,
the bifurcation is your way of life upon your hosts.

Fri, 04/11/2014 - 13:22 | 4648049 HRamos_3
HRamos_3's picture

They have the right to do whatever they want.

Surrounding it with troops before asking them what they want to do is what troubles me.

 

Someone points a gun at your head and says, "Suck my dick".

Care to elaborate on the options you have?

Fri, 04/11/2014 - 15:25 | 4648636 tarsubil
tarsubil's picture

Sevastopol was being rented as a naval base so they should have been used to having troops there, not so much surrounded. Crimea had 25K troops there by agreement. This forced to vote at gun point idea has been shown to be total bunk by the complete lack of disputes during voting and the overwhelming participation and results.

Fri, 04/11/2014 - 17:04 | 4649040 silvermail
silvermail's picture

"Someone points a gun at your head and says, "Suck my dick".

This is exactly what the U.S. has been doing around the world. German elections are a farce because there in Germany stay U.S. military bases, is not it?

Care to elaborate on the options you have? LOL

Sat, 04/12/2014 - 08:04 | 4650622 Flagit
Flagit's picture

Someone points a gun at your head and says, "Suck my dick".

 

after they remove the bullet from my brain, after they pry my jaws open, they will find that someone, somewhere, is missing their dick.

Fri, 04/11/2014 - 11:45 | 4647700 silvermail
silvermail's picture

"No problems, we'll let Russia finance them then."

If you're not understand Putin, then I will translate his words: Russia will no longer pay for Ukraine. Now this is a problem the U.S. and EU.

Fri, 04/11/2014 - 13:45 | 4648139 HRamos_3
HRamos_3's picture

Russia will no longer pay for Crimea. The rest of the Ukraine is now a problem for the U.S. and EU.

 

There, fixed it for you.

Fri, 04/11/2014 - 17:10 | 4649061 silvermail
silvermail's picture

"Russia will no longer pay for Crimea. The rest of the Ukraine is now a problem for the U.S. and EU."

"Russia will pay for gas for Russia only, included Crimea as lands of Russia . The rest of the Ukraine is now a problem for the U.S. and EU."

There, more exactly fixed it for you.

Fri, 04/11/2014 - 15:29 | 4648666 Zerozen
Zerozen's picture

The people who live in, say, Latin America, are not Spaniards.

However, the people who live in Crimea are Russians.

My God are you thick.

Fri, 04/11/2014 - 16:23 | 4648872 TheGardener
TheGardener's picture

Without the help of the always more deserving more white more better Americans the poor people of Latin America
would still have the feel and pride of Spaniards? Which they do have and conserved in conquerers attitudes !. You hit a weak spot that could get you crucified at any your neighborhood gang. God help you walking around
with an arrogant sounding but inherently stupid attitude like that.

Fri, 04/11/2014 - 17:18 | 4649092 silvermail
silvermail's picture

"

The people who live in, say, Latin America, are not Spaniards.

However, the people who live in Crimea are Russians."

Every herring is a fish. But every fish is herring.
People who conquered other lands through mass extermination of the indigenous population, now call themselves "Americans" and trying to teach other countries such concepts as sovereignty and democracy. LOL

Fri, 04/11/2014 - 11:35 | 4647658 silvermail
silvermail's picture

"

Sure, we'll help Ukraine... But we'll only help the one that existed previousy, ie with Crimea included.

Deal?"

I agree! You can return the debts only for this time, when the Crimea was a part Ukrainian state.
And then you have the right not to pay anything and do not get your gas.

Deal?

Fri, 04/11/2014 - 12:28 | 4647807 HRamos_3
HRamos_3's picture

No problem, since we had a deal, you now owe Ukraine 30% of the spot gas price until 2042 as stated in the 2010 Kharkiv Pact.

Payable in gold only.

We'll send the data about their consumption on a yearly basis.

As the gas price is bound to increase in the next 28 years, we'll make adjustments then.

 

What? Some drunk guy signed that treaty too?

Better start hiding the Vodca when some paper with conditions & a pen wildly appears on top of your desk...

Fri, 04/11/2014 - 12:58 | 4647875 HRamos_3
HRamos_3's picture

What's that? Russia unilaterally terminated the treaty on March 31, 2014?

Oh, i see. Then Ukraine unilaterally terminates the debt it has with Russia.

Or we can pay in, say, Russian empty promises, or Russian broken contracts.

Can you close the tap now, please? Thanks!

 

Good luck for the Chinese, i really hope that there isn't vodca around your negotiating table.

 

Russia probably is about to default (again), and is scrambling for monies. Hell, lets make a war and watch gas & oil prices hike again!

 

I find it puzzling that you actually see strength in russian actions. Can only be because you're FED up with things at home.

Care to buy some russian stocks?

Fri, 04/11/2014 - 17:28 | 4649129 silvermail
silvermail's picture

"What's that? Russia unilaterally terminated the treaty on March 31, 2014?"

If you want to argue about the contract, you have to start it at least read this contract.
Any contract has rights and obligations for each party. If one party does not fulfill its obligations under the contract, the other party has the legal right to terminate the execution of their mutual obligations under the contract.
If you will not be in time to pay for electricity and telephone, you will be disconnected from these services legally, despite having signed the Treaty, is not it?

Fri, 04/11/2014 - 18:36 | 4649350 TheGardener
TheGardener's picture

Good play, called monkey business for a reason.

Fri, 04/11/2014 - 10:05 | 4647222 pies_lancuchowy
pies_lancuchowy's picture

lmao.. you gotta love this man!

 

Hypocrisy of neocon warmongering sneaky tribe EXPOSED again

Fri, 04/11/2014 - 10:05 | 4647223 davinci7_gis
davinci7_gis's picture

Big world war to probably begin on May 1.

Fri, 04/11/2014 - 10:16 | 4647287 Winston Churchill
Winston Churchill's picture

TPTB love anniversaries,symbols ,and numbers.July is the 100th for WWI.

Wanr to make a book on it. ?

Fri, 04/11/2014 - 12:59 | 4647322 813kml
813kml's picture

May Day, May Day, the USSA Titanic has struck the Hindenburg.

Fri, 04/11/2014 - 10:28 | 4647336 MeMongo
MeMongo's picture

Yeah vinci those 4 blood moons and those funny little holiday's. Probably a very bad time to be a brown person! And I ain't referring to the Amish bombing the Mexicans cuz it's Easter;^)

Fri, 04/11/2014 - 10:36 | 4647374 813kml
813kml's picture

The Amish Air Force never really took off.

Fri, 04/11/2014 - 10:34 | 4647365 HardlyZero
HardlyZero's picture

I hope my tax refund comes sooner.

Fri, 04/11/2014 - 10:05 | 4647227 the not so migh...
the not so mighty maximiza's picture

I hope he likes IOU's, cause Europe got nothin

Fri, 04/11/2014 - 10:10 | 4647256 BudFox2012
BudFox2012's picture

Pay them in Greek Bonds.  I hear they're all the rage these days...

 

Fri, 04/11/2014 - 10:31 | 4647346 MeMongo
MeMongo's picture

Especially those 30 yr Argentinean bonds!:-)

Fri, 04/11/2014 - 10:12 | 4647264 101 years and c...
101 years and counting's picture

who cares?  the Fed prints $5B like a drunk man takes a piss.  no reason to believe the money wont be coming from the US....or even Japan, in some back door type of bailout.

Fri, 04/11/2014 - 12:08 | 4647790 StupidEarthlings
StupidEarthlings's picture

+5

Thats like a half a days printing for ol' yeller.

Fri, 04/11/2014 - 10:06 | 4647228 Cattender
Cattender's picture

he thinks he's so tuff...

Fri, 04/11/2014 - 10:06 | 4647229 Yen Cross
Yen Cross's picture

   " Putin just told the U.S.S.A. to pay Ukraine's gas bill." There fixed it for ya.

Fri, 04/11/2014 - 10:16 | 4647284 Counterbalance
Counterbalance's picture

"Oh, and you have to pay us in Rubles. Spasibo."

Fri, 04/11/2014 - 10:39 | 4647384 Leaping Lizard
Leaping Lizard's picture

You break it, you own it :-)

Fri, 04/11/2014 - 10:06 | 4647230 NoDebt
NoDebt's picture

This is why you are ill-advised to screw with a guy who is equally as adept at playing Chess as he is at wrestling bears.  

Fri, 04/11/2014 - 10:34 | 4647363 MeMongo
MeMongo's picture

Exactly! This man has probably killed people with his bare hands whilst with the KGB. What do people expect from there leaders? Running around the family pool with a super soaker does not qualify as a legitimate answer.

Fri, 04/11/2014 - 10:08 | 4647244 Seasmoke
Seasmoke's picture

Turn it clockwise Vlad !!

Fri, 04/11/2014 - 10:41 | 4647390 HRamos_3
HRamos_3's picture

In mother Russia clockwises turn you!

Fri, 04/11/2014 - 10:09 | 4647247 rubiconsolutions
rubiconsolutions's picture

Putin is tired of passing gas.

Fri, 04/11/2014 - 11:00 | 4647364 813kml
813kml's picture

Putin to Ukraine gov:

"Nyet cash (obvious), Nyet ass (although tempting), Nyet gas (brrr cold)"

Fri, 04/11/2014 - 10:09 | 4647248 unplugged
unplugged's picture

Go Vlad Go !    Fucking Rothschild Regime Fascist FREELOADERS should be cut off NOW !

Fri, 04/11/2014 - 10:38 | 4647383 HardlyZero
HardlyZero's picture

Maybe all the Ukr can move to Greece or Cyprus...its warmer, lots of land, and they have the handout systems established.

Fri, 04/11/2014 - 10:10 | 4647251 Spungo
Spungo's picture

Why can't Ukraine pay their own fucking bills? It's not like the bills are government bills. I use natural gas in my own home, and I'm the one who pays for it. If I stop paying, I think they stop supplying gas.

Fri, 04/11/2014 - 10:37 | 4647379 BlindMonkey
BlindMonkey's picture

You are assuming that the end customer is not already paying. The gov owned corp in the middle is using the cash for other purposes than paying their supplier.

Fri, 04/11/2014 - 13:17 | 4648018 TheGardener
TheGardener's picture

deleted

Fri, 04/11/2014 - 10:10 | 4647254 BudFox2012
BudFox2012's picture

Interesting situation.  Europe is backed into a corner because they need the natural gas.  Russia is backed into a corner because natural gas is what pays their bills, and europe is by far their biggest customer.  Somehow I still think Putin will end out on top of this though.

Fri, 04/11/2014 - 10:14 | 4647277 Rainman
Rainman's picture

Meanwhile...Oblameo is passing enough gas to heat the entire continent for a year. Foarward ! 

Fri, 04/11/2014 - 10:17 | 4647295 Dr. Engali
Dr. Engali's picture

Europe can bluster al they want, but an economy without energy is miserable and it's going no place fast.

Fri, 04/11/2014 - 10:10 | 4647255 LFMayor
LFMayor's picture

Pay me.  

I love this guy.  Why can't we have someone with balls in charge, here?  You know the last time this nation lost it's sack and kow-towed to the hand wringing do-gooder pussies of the temperence union, the public ended up cheering and  actively supporting people like Capone.

we need to toss out the woody allens metrosexuals and the sour ass ball busting lesbian wannabees and put this shit back on the rails.

Fri, 04/11/2014 - 10:28 | 4647335 NoDebt
NoDebt's picture

I blame Alan Alda.

Fri, 04/11/2014 - 12:08 | 4647788 LFMayor
LFMayor's picture

Good call, that.   I would offer up Andy Griffin.  The first sheriff who never shot anybody.  Goddamn peaceniks, catering to women and limp wrists on that new fangled TV.

Now we're going to have to make up for all that lost time.  F me, you guys are in finance.  You understand about interest!  Well, that shit is way past due.  But how.

And dammit, now the tylers are punishing me with plus sized womens fashion ads.  I swear i haven't been on the chubbiez skin sites!

Sat, 04/12/2014 - 08:20 | 4650646 Flagit
Flagit's picture

 Fuck You, Pay me.

 

there, fixed it for you.

http://www.youtube.com/watch?v=5ydqjqZ_3oc

 

 

Fri, 04/11/2014 - 10:11 | 4647258 XXL66
XXL66's picture

i'm already collection my farts in bottles

Fri, 04/11/2014 - 10:23 | 4647314 813kml
813kml's picture

There is a thriving market for jenkem.

Fri, 04/11/2014 - 10:40 | 4647389 BlindMonkey
BlindMonkey's picture

Ship it to China. It will be cheaper than the imported mountain air and an improvement over their ambient.

Fri, 04/11/2014 - 10:45 | 4647414 813kml
813kml's picture

The bouquet of American farts is exceptional.

Fri, 04/11/2014 - 12:01 | 4647762 LFMayor
LFMayor's picture

and such a delicate pallette!

Fri, 04/11/2014 - 10:13 | 4647268 JailBank
JailBank's picture

So sanctions were put on Russia limiting access to hard currency, so how does Vlad go about getting the currency he needs? Demanding it from weak ass Europe.

Fri, 04/11/2014 - 16:54 | 4648987 TheGardener
TheGardener's picture

Birth of hard rubles I guess.

Or some bitching stupid cunt leaderess will read her
script :

"Whee will not pay Russia a sinkle Tollar twofurts of Rushsian detts."

And settle in equally Euro never-to-be-delivered
notes worth a days` printing.

Fri, 04/11/2014 - 10:13 | 4647269 SmilinJoeFizzion
SmilinJoeFizzion's picture

Barry's on his 6th shot on the par 3 second hole at Andrews GC trying to salvage a snowman. He can't be bothered with this global nonsense

Fri, 04/11/2014 - 11:06 | 4647499 BrigstockBoy
BrigstockBoy's picture

Please, it's not a snowman for Barry, it's stacked assholes.

Fri, 04/11/2014 - 10:13 | 4647270 valley chick
valley chick's picture

And look at that oil rise!

Fri, 04/11/2014 - 17:35 | 4647404 HardlyZero
HardlyZero's picture

WTI and Brent almost the same price these days (oil is oil ???).  There must be some analyst that can see something curious about that.   It is like backwardation or shrinkage.  Is this the end of pure fiat ?

Fri, 04/11/2014 - 10:13 | 4647273 smacker
smacker's picture

Since Ukraine is not an EU member state the EU has no authority or obligation whatsoever to pay Ukraine's gas bills, neither the existing unpaid bills nor future bills. If EU Commission President Barroso uses a devious way of diverting EU taxpayer funds to Ukraine, he should be thrown out of office and sacked.

And in the UK, if PM Cameron allows this to go ahead without so much as a murmur from his government (nor of course from the obedient MSM), he too should be thrown out of office and sacked.

Any such action would be a blatant misuse of EU taxpayer funds.

Fri, 04/11/2014 - 10:30 | 4647344 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

If it goes through the IMF it is not going to be the EU footing the bill. It has already been determined that the US is on destruction menu this is just another nail in the coffin since it will ultimately be the USD and FED backing this gas bill.

The beast will sacrifice the peripheries to maintain control of the core like humans when they experience hypothermia the body rediverts the blood away from the fingers and toes. The US is not being run by the US.

Fri, 04/11/2014 - 10:42 | 4647400 smacker
smacker's picture

It looks like you're right. It will be wrapped up in an IMF smoke & mirrors aid package.

EU Energy Commissioner Guenther Oettinger: "I am preparing a solution that is part of the aid package that the IMF, the European Union and the World Bank is giving to Ukraine and from which payment for open bills will be possible"

Even so, the EU still plans to put taxpayers money into the aid pot when Ukraine isn't even an EU member.

 

 

Fri, 04/11/2014 - 11:35 | 4647656 Element
Element's picture

The last IMF 'aid' package put the price of gas in Ukraine up 40%, the very reason why Yanukovych refused the IMF and EU's gun to the head terms on the 19th of November.

Better Idea, I say make Mr. Legarde pay for it given the UV over-baked parasitic cunt doesn't pay any taxes, but keeps volunteering everyone else's to some despotic criminal enterprise or other.

 

Fri, 04/11/2014 - 12:22 | 4647825 smacker
smacker's picture

LOL. Full circle. Must be time for another revolution/coup in Ukraine ;-)

Fri, 04/11/2014 - 12:15 | 4647806 ThisIsBob
ThisIsBob's picture

If it goes through the IMF, the happy people of Dodge City, Kansas, and others similarly situated, will be paying the bills, because the US puts up 17% of the IMF's money.  I wonder if the citizens of Dodge know they will be helping out?

Fri, 04/11/2014 - 10:31 | 4647348 Whoa Dammit
Whoa Dammit's picture

I hate to tell you this, but all taxpayer funds are misused these days.

Sat, 04/12/2014 - 08:26 | 4650652 Flagit
Flagit's picture

i hate to tell you this, but he is a she.

Fri, 04/11/2014 - 10:33 | 4647354 SpanishGoop
SpanishGoop's picture

"Any such action would be a blatant misuse of EU taxpayer funds."

Just like the US taxpayers we are already used to that.

So do not expect any uprise over here.

 

Sat, 04/12/2014 - 00:09 | 4650205 TeraByte
TeraByte's picture

Legality principles play no role in EU. Cross border loan guarantees for Greece are an example of the system, which already has put aside even member states´ constitutions, not to mention the EU foundation Charta, which does not allow overtaking liabilities for another nation´s  finances. Hundreds billions have already gone wasted to Greece and nobody has been sacked, prosecuted or as it should have been justice, hanged. EU will mess up itself until the utter self destruction and even then they can blame the Russians for it.

Fri, 04/11/2014 - 10:14 | 4647275 new game
new game's picture

no mun, no fun...

Fri, 04/11/2014 - 10:15 | 4647280 aleph0
aleph0's picture

WOW ... I was wondering why the German MSM "Official" Propaganda changed from Black to White ... so suddenly :

ARD spricht Klartext: Blutbad auf dem Maidan von Putschisten-Regierung organisiert

https://www.youtube.com/watch?v=Zws9QeVr2xE

 

ARD is the equiv. of the German BBC .. and now extremly doubt the "official story" .. i.e. NOT Russia's fault.

LOL

 

 

Fri, 04/11/2014 - 10:50 | 4647429 Leaping Lizard
Leaping Lizard's picture

Thanks.  BTW, my German is very weak, but if you mess with the youtube controls at the bottom, you can bring up English subtitles.

Fri, 04/11/2014 - 10:16 | 4647289 Itchy and Scratchy
Itchy and Scratchy's picture

Payment in gold preferred!

Fri, 04/11/2014 - 10:22 | 4647308 oddjob
oddjob's picture

Hold on there, according to deflationists goods and services are supposed to get cheaper when you don't pay your bills.

Fri, 04/11/2014 - 16:30 | 4648909 combatsnoopy
combatsnoopy's picture

Until your energy is paid for in OPEC currencies which don't lose value with the USD, the YEN and everything pegged to them. 

Fri, 04/11/2014 - 10:21 | 4647306 geno-econ
geno-econ's picture

Putin is saying ------if you can print fiat for bankers, military, Wall St. and top 1% , you can print fiat to stay warm and keep your industry afloat. If not, nat gas and oil are fungible and can be paid in other than petrodollars.
Checkmate !

Fri, 04/11/2014 - 14:04 | 4648219 HRamos_3
HRamos_3's picture

Care for some Chinese re-re-re-re-rehypothecated collateral?

Nomate!

Fri, 04/11/2014 - 17:40 | 4649167 silvermail
silvermail's picture

"Care for some Chinese re-re-re-re-rehypothecated collateral?

Nomate!"

Chinese Yuan - this real state money when compared to the empty U.S. dollar, which is issued by a private cartel of country bankrupt.

Fri, 04/11/2014 - 16:29 | 4648905 combatsnoopy
combatsnoopy's picture

"Putin is saying ------'if you can print fiat for bankers, military, Wall St. and top 1% , you can print fiat to stay warm and keep your industry afloat. If not, nat gas and oil are fungible and can be paid in other than petrodollars.'"

 

WIN!!!

 

Fri, 04/11/2014 - 10:22 | 4647310 Itchy and Scratchy
Itchy and Scratchy's picture

Jumpin' Vlad Flash is a gaz, gaz, gaz!

Fri, 04/11/2014 - 10:24 | 4647317 astoriajoe
astoriajoe's picture

Mr. Putin, do you mind freshly printed $100s?

Fri, 04/11/2014 - 10:47 | 4647419 HardlyZero
HardlyZero's picture

Da, Gold ONLY !

Fri, 04/11/2014 - 11:52 | 4647725 astoriajoe
astoriajoe's picture

hmm, ok. How about some of these lovely etf shares of GLD. They're very similar to gold.

Fri, 04/11/2014 - 16:31 | 4648900 HardlyZero
HardlyZero's picture

Getting thoughtful now on a Friday Afternoon...in the Simmerin' Time....

 

How would the G20 survive on BARTER only ?

What would be bartered ?

Tylers should start covering this better since it may be 'it' one day.

 

Food: grain, non-perishables, potable water ?

Energy: Oil, LNG, Coal, any pipelined items.

Wealth: Gold, Palladium, Platinum.

Goods: airplanes, tractors, steel, military.

 

Seriously what else can the G20 barter BIG items when SDRs or any fiat don't "cut it".

Sat, 04/12/2014 - 08:33 | 4650657 Flagit
Flagit's picture

do you mind freshly printed $100s?

 

im not worried about all this printing until the FED or the Treasury hires someone from the Zimbabwe Ministry Of Finance. who should the US put on the new million dollar bill?

http://www.zimtreasury.gov.zw/

Fri, 04/11/2014 - 10:27 | 4647324 Andy Lewis
Andy Lewis's picture

Good.

Fri, 04/11/2014 - 10:27 | 4647325 Counterbalance
Counterbalance's picture

I wonder how quickly Russia will be back at the table of the Parliamentary Assembly of the Council of Europe?

Fri, 04/11/2014 - 10:27 | 4647326 Smegley Wanxalot
Smegley Wanxalot's picture

Putin it deeper up the G7's saggy ass, daily.

Fri, 04/11/2014 - 13:19 | 4647671 813kml
813kml's picture

He better mind the santorum, could get messy.

Fri, 04/11/2014 - 17:37 | 4648919 HardlyZero
HardlyZero's picture

Next year I expect Webster update to correct the new verb 'Putin'.   It needs to be distinct from other nearby verbs, and it is new and fresh.

 

Examples:

Putin it to you.

Putin out.

Putin on a Ritz.

and the new classic "Putin it deeper"  fresh and correct.

Fri, 04/11/2014 - 10:28 | 4647329 JailBank
JailBank's picture

But now the guy's gotta come up with Vlads' money every week, no matter what. Business bad? Fuck you, pay me. Oh, you had a fire? Fuck you, pay me. Place got hit by lightning, huh? Fuck you, pay me.

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