Hacker News new | ask | show | jobs
by redprince 1364 days ago
This is still arguing from hindsight and conveniently neglects the dependence of Russia on the EU: The EU was Russia's single largest customer of natural gas and an important purveyor of machines and technology. A valid reasoning at that time was that Putin would not risk this income / trade and furthermore Russia could be pacified or kept in check by ever increasing economic ties to the EU. Unfortunately Putin decided that tanking Russia's economy was totally worth it and/or speculated the EU confronted with the specter of an energy crisis would quickly falter and let him annex Ukraine without much fuss.

Furthermore Russian gas was cheap which made the development of alternatives a rather unpopular proposition. Try to explain to the people and the industry that gas will be more expensive because Russia might pose a problem and alternative sources need to be put in place. In hindsight it was stupid to not address the dependence on Russian energy but that is precisely the clarity hindsight provides. While the actions leading up to the current situations were taken, it wasn't all that clear that the problem could become very real.

We could all have continued living in an unprecedented era of peace and prosperity in Europe, but instead Putin choose a course of action in which everyone is losing big time. What a colossal waste.