Source: ZeroHedge.com
Update (1135ET): Rabobank’s Michael Every told clients this morning about a very alarming situation emerging in the Baltics regions:
So, if you want to worry, look at less glamorous but arguably more significant headlines that don’t point to world war, per se, but to world disruption, and major world market volatility.
Official allegations of sabotage were made in the EU as: two of Finland’s five nuclear plants had to be shut down; a key Norwegian oilfield was shut by a power outage; the support cable on a Finnish suspension bridge broke; and two key Baltic EU data cables were severed. The Chinese vessel Yi Peng has been flagged as a possible cable culprit and at time of writing was forcibly moored in Denmark. This is likely to prompt a strong Chinese diplomatic response; and perhaps an EU one if it proves a Chinese ship damaged key seafloor infrastructure (again: this also happened to a gas pipeline between Finland and Estonia in October 2023)….