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15min chapter
How did Germany fare without Russian gas?
Brookings Podcast on Economic Activity
The Great German Gas Debate
This chapter discusses the energy crisis caused by the cut off of Russian gas supply to Germany, highlighting the country's dependency on Russian gas and the actions taken by Russia to exert pressure on Europe. It explores the economic effects of the gas embargo on Germany and how the country managed to avoid a severe crisis through supply and demand adjustments. The chapter also explores the role of patriotism and solidarity with Ukraine in Germany's response to the increase in gas prices.
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